Compliance with Laws and Charter Documents. (i) As a result of the Borrower's performing any of its obligations under the Credit Documents, neither the Borrower nor any of its Subsidiaries will be in violation of (a) any law, statute, rule, regulation or order of any Governmental Authority (including Environmental Laws) applicable to it or its properties or assets or (b) its certificate of incorporation or bylaws. (ii) Neither the Borrower nor any of its Subsidiaries is in violation of (A) any law, statute, rule, regulation or order of any Governmental Authority (including Environmental Laws) applicable to it or its properties, except for any violations which could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, or (B) its certificate of incorporation or bylaws. (iii) Each of the Borrower and its Subsidiaries has all authorizations, consents, approvals, registrations, franchises, licenses and permits, with or from Governmental Authorities and other Persons as are necessary for it to own its properties and conduct its business as now conducted and the absence of which could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect.
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Samples: Credit Agreement (Pharmacia & Upjohn Inc), Credit Agreement (Miravant Medical Technologies), Credit Agreement (Miravant Medical Technologies)
Compliance with Laws and Charter Documents. (i) As a result of the Borrower's performing any of its obligations under the Credit Documents, neither the The Borrower nor any and each of its Subsidiaries will has all necessary authorizations, consents, approvals, registrations, franchises, licenses and permits, with or from Governmental Authorities and other Persons, to own and operate its Properties and conduct its business as now conducted and contemplated, except to the extent failure to have the same could not, individually or in the aggregate, reasonably be in violation of (a) any law, statute, rule, regulation or order of any Governmental Authority (including Environmental Laws) applicable expected to it or its properties or assets or (b) its certificate of incorporation or bylaws.
(ii) have a Material Adverse Effect. Neither the Borrower nor any of its Subsidiaries is in violation of (A) any law, statute, rule, regulation or order of any Governmental Authority (including including, to the best of its knowledge, Environmental Laws) applicable to it or its propertiesProperties or assets or (B) its certificate of incorporation, charter, by-laws or similar constitutive documents, except for any to the extent that such violations which could not reasonably be expectednot, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
(ii) Neither the Borrower nor any Subsidiary will be, as a result of performing any of its obligations under the Credit Documents, in violation of (A) any law, statute, rule, regulation or order of any Governmental Authority applicable to it or its Properties or assets or (B) its certificate of incorporation incorporation, charter, by-laws or bylawssimilar constitutive documents.
(iii) Each of the Borrower and its Subsidiaries has all authorizations, consents, approvals, registrations, franchises, licenses and permits, with or from Governmental Authorities and other Persons as are necessary for it to own its properties and conduct its business as now conducted and the absence of which could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect.
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