Common use of Compliance with Law and Other Agreements Clause in Contracts

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 331 contracts

Samples: Subsidiary Security Agreement, Secured Convertible Note (Nuevo Financial Center, Inc.), Securities Purchase Agreement (MobiVentures Inc.)

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Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting , except where the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereoffailure to so comply would not reasonably be expected to have a Material Adverse Effect.

Appears in 31 contracts

Samples: Security Agreement (Homeland Security Capital CORP), Security Agreement (Pure Biofuels Corp), Security Agreement (Pacer Health Corp)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in material compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 20 contracts

Samples: Security Agreement (Megola Inc), Security Agreement (Hyperdynamics Corp), Security Agreement (Egpi Firecreek, Inc.)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without Except as set forth in its cash flow projections provided to the Secured Party as set forth in the Securities Purchase Agreement, without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Planetlink Communications Inc), Security Agreement (Feel Golf Co Inc), Security Agreement (Platina Energy Group Inc.)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 2 contracts

Samples: Security Agreement (Advanced Communications Technologies Inc), Security Agreement (Nanoscience Technologies Inc)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall use its commercial best efforts to pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 2 contracts

Samples: Security Agreement (Inferx Corp), Security Agreement (Inferx Corp)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is are a party or by which the Company or any of its their properties is are bound. Without limiting the foregoing, the Company shall pay all of its their indebtedness promptly in accordance with the terms thereof.

Appears in 1 contract

Samples: Security Agreement (Nanoscience Technologies Inc)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all material agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 1 contract

Samples: Security Agreement (United Companies Corp)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in material compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting , except where the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereoffailure to so comply would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Security Agreement (U.S. Helicopter CORP)

Compliance with Law and Other Agreements. The Company Companies shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company Companies is a party or by which the Company Companies or any of its properties is bound. Without limiting the foregoing, the Company Companies shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 1 contract

Samples: Security Agreement (Cargo Connection Logistics Holding, Inc.)

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Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state provincial and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 1 contract

Samples: Security Agreement (Smartire Systems Inc)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is boundbound except where such non-compliance would not have a Material Adverse Effect. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 1 contract

Samples: Security Agreement (Natural Nutrition Inc.)

Compliance with Law and Other Agreements. The Company shall use its commercially reasonable efforts to maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all material agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 1 contract

Samples: Security Agreement (Startech Environmental Corp)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 1 contract

Samples: Security Agreement (Advaxis, Inc.)

Compliance with Law and Other Agreements. The Except as would not have a Material Adverse Effect, the Company shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 1 contract

Samples: Security Agreement (Wherify Wireless Inc)

Compliance with Law and Other Agreements. The Company shall maintain its business operations and property owned or used in connection therewith in compliance in all material respects with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which the Company is a party or by which the Company or any of its properties is bound. Without limiting the foregoing, the Company shall pay all of its indebtedness promptly in accordance with the terms thereof.

Appears in 1 contract

Samples: Security Agreement (CepTor CORP)

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