Common use of Compliance with Laws and Material Contracts Clause in Contracts

Compliance with Laws and Material Contracts. Each Credit Party will comply with all Laws and orders of any Governmental Authority applicable to it or its property and with all of its material contractual obligations, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Tranche a Exit Facility Agreement (Microcell Telecommunications Inc), Term Loan Agreement (Microcell Telecommunications Inc), Term Loan Agreement (Microcell Telecommunications Inc)

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Compliance with Laws and Material Contracts. Each Credit Party will comply with all Laws and orders of any Governmental Authority applicable to it or its property (including the Sanction Order) and with all of its material contractual obligations, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Tranche a Exit Facility Agreement (Microcell Telecommunications Inc), Tranche B Credit Agreement (Microcell Telecommunications Inc)

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Compliance with Laws and Material Contracts. Each Credit Party will comply with the requirements of all applicable Laws and orders of any Governmental Authority applicable to it or its property and with all of its material contractual obligationsMaterial Contracts, except where to the extent that failure to do so, individually or in the aggregate, so comply could not reasonably be expected to result in (a) have a Material Adverse Effect, or (b) result in any Lien upon a material portion of the Collateral of any such Person that does not constitute a Permitted Lien.

Appears in 1 contract

Samples: Credit, Security and Guaranty Agreement (Chicken Soup for the Soul Entertainment, Inc.)

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