Compliance with Law and Agreements Sample Clauses

Compliance with Law and Agreements. Seller is not in violation of any applicable law, statute, order, rule, or regulation promulgated or judgment entered by any Federal, state, or local governmental authority, which violation individually or in the aggregate would adversely affect Seller's entering into or performance of its obligations under this Agreement; and (B) Seller's entering into and performance of its obligations under this Agreement will not give rise to any default under any agreement to which it is a party.
AutoNDA by SimpleDocs
Compliance with Law and Agreements. Each Borrower and each of its Subsidiaries shall comply with the terms and provisions of each judgment, law, statute, rule, and governmental regulation applicable to it and each contract, mortgage, lien, lease, indenture, order, instrument, agreement, or document to which it is a party or by which it is bound.
Compliance with Law and Agreements. Comply, and cause each Subsidiary to comply, with all applicable laws, ordinances, orders, rules, regulations and requirements of all Governmental Authorities and with all agreements except where the necessity of compliance therewith is contested in good faith by appropriate proceedings or where the failure to comply therewith, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.
Compliance with Law and Agreements. Borrower is in compliance with all material laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property. No default under any such indenture, agreement or other instrument has occurred and is continuing or would result from the incurrence of the obligations of such parties under the Loan Documents or from the grant or perfection of the Liens granted to the Bank under this Agreement.
Compliance with Law and Agreements. Borrower hereby confirms that, as of the date hereof, the representations and warranties contained in this Article VIII are true, correct and complete and covenants that until the Debt has been repaid in full, it shall take the actions or refrain from taking the actions as required by this Article VIII and shall cause any representations and warranties that are expressly prospective in nature to be true, correct and complete on every day that the Debt is outstanding:
Compliance with Law and Agreements. Each of the Parties will perform its obligations, and not hinder the other Party's performance of its obligations, under this Agreement in compliance with all applicable laws, ordinances and regulations, and will obtain and maintain in full force and effect, any permits, licenses, consents, approvals and authorizations necessary for the performance of its obligations hereunder.
Compliance with Law and Agreements. Maintenance of Licenses. Except as set forth on Schedule 9.3, such Loan Party shall, and shall cause each of its Subsidiaries to, comply in all material respects with all Requirements of Law of any Governmental Authority having jurisdiction over it or its business (including the Federal Fair Labor Standards Act and all Environmental Laws). Such Loan Party shall, and shall cause each of its Subsidiaries to, obtain and maintain all material licenses, permits, franchises, and governmental authorizations necessary to own its property and to conduct its business as conducted on the Closing Date. Neither such Loan Party nor any of its Subsidiaries shall modify, amend or alter its certificate or article of incorporation or other organizational documents other than in a manner which does not adversely affect the rights of the Lenders or the Agent.
AutoNDA by SimpleDocs
Compliance with Law and Agreements. Trend-Lines and each of its Subsidiaries shall comply with the terms and provisions of each judgment, law, statute, rule, and governmental regulation applicable to it and each contract, mortgage, lien, lease, indenture, order, instrument, agreement, or document to which it is a party or by which it is bound.
Compliance with Law and Agreements. Except as disclosed on Schedule 3.2.3(a), to the best of Seller's knowledge, (i) Seller is in compliance with al applicable laws, rules, and regulations of federal, state and local authorities in connection with Seller's ownership and operation of the Assets; and (ii) Seller is in compliance with all of its obligations under the Contracts and any other agreements relating to or involving the Assets. Seller is not a party to any partnership agreements, joint venture agreements, operating agreements and agreements for the sale of the Assets. Except as disclosed on Schedule 3.2.3(b), Seller is not obligated to sell, lease, market, distribute or service the Assets through or with any Person.
Compliance with Law and Agreements. Such Borrower shall, and shall ---------------------------------- cause each of its Subsidiaries to, comply with the terms and provisions of each judgment, law, statute, rule, and governmental regulation applicable to it and each contract, mortgage, lien, lease, indenture, order, instrument, agreement, or document to which it is a party or by which it is bound, the failure to comply with which, whether considered individually or when aggregated with all other failures, is likely to have a material adverse effect on the ability of such Borrower to perform its obligations under this Agreement, or on the business, operations, properties or condition (financial or otherwise) of such Borrower, taken as a whole; provided, however, that such Borrower shall have the -------- ------- right to contest the imposition of such laws, rules, regulations, court orders, decrees and governmental agency orders if such contest is made in Good Faith and diligently pursued by proper proceedings, adequate reserves with respect thereto have been established in accordance with GAAP, and such contest could not reasonably be expected to have a material adverse affect on the ability of such Borrower to perform its obligations under this Agreement, or the business, operations, properties or condition (financial or otherwise) of such Borrower, taken as a whole.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!