Common use of Compliance with Law and Agreements; Maintenance of Licenses Clause in Contracts

Compliance with Law and Agreements; Maintenance of Licenses. The Borrower shall comply with all Requirements of Law including the Federal Trade Commission’s used car rule and all usury and consumer credit disclosure laws and regulation. The Borrower shall obtain and maintain all licenses, permits, franchises, and governmental authorizations necessary to own its Property and to conduct its business as conducted on the Closing Date.

Appears in 7 contracts

Samples: Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc)

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Compliance with Law and Agreements; Maintenance of Licenses. The Borrower shall comply with all Requirements of Law including the Federal Trade Commission’s 's used car rule and all usury and consumer credit disclosure laws and regulation. The Borrower shall obtain and maintain all licenses, permits, franchises, and governmental authorizations necessary to own its Property and to conduct its business as conducted on the Closing Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nicholas Financial Inc), Loan and Security Agreement (TFC Enterprises Inc)

Compliance with Law and Agreements; Maintenance of Licenses. The Borrower shall comply in all respects with all Requirements requirements of Law including the Federal Trade Commission’s used car rule and all usury and consumer credit disclosure laws and regulationof any Governmental Authority having jurisdiction over it or its Business. The Borrower shall obtain and maintain all licenses, permits, franchises, and governmental authorizations necessary to own its Property property and to conduct its business Business as conducted on the Closing DateDate or as proposed to be conducted.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Arizona Public Service Co)

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Compliance with Law and Agreements; Maintenance of Licenses. The Borrower shall comply with all Requirements of Law including the Federal Trade Commission’s 's used car rule and all usury and consumer credit disclosure laws and regulationregulations. The Borrower shall 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Crown Group Inc /Tx/)

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