Compliance with Laws and Other Agreements. The Borrower shall, and shall cause each Subsidiary to, conduct its business operations and obtain all necessary permits and licenses in substantial compliance with (a) all applicable federal, state and local laws, rules and regulations, and (b) all agreements, indentures and mortgages to which it is a party or by which it or any of its properties is bound, unless the Borrower's or a Subsidiary's failure to so comply would not have a Material Adverse Effect on the Borrower or any Subsidiary.
Appears in 4 contracts
Samples: Credit Agreement (Gold Kist Inc), Credit Agreement (Gold Kist Inc), Credit Agreement (Gold Kist Inc)
Compliance with Laws and Other Agreements. The Borrower shall, and shall cause each Subsidiary to, conduct its business operations and obtain all necessary permits and licenses in substantial compliance with (ai) all applicable federal, state and local laws, rules and regulations, and (bii) all agreements, indentures and mortgages to which it is a party or by which it or any of its properties is bound, unless the Borrower's or a Subsidiary's failure to so comply would not have a Material Adverse Effect on the Borrower or any Subsidiary.
Appears in 1 contract
Samples: Credit Agreement (Gold Kist Inc)
Compliance with Laws and Other Agreements. The Borrower shall, and shall cause each Subsidiary to, conduct its business operations and obtain all necessary permits and licenses in substantial compliance with (a) all applicable federal, state and local laws, rules and regulations, and (b) all agreements, indentures and mortgages to which it is a party or by which it or any of its properties is bound, unless the Borrower's ’s or a Subsidiary's ’s failure to so comply would not have a Material Adverse Effect on the Borrower or any Subsidiary.
Appears in 1 contract
Samples: Credit Agreement (Gold Kist Inc)
Compliance with Laws and Other Agreements. The Borrower shall, and shall cause each Subsidiary to, conduct its business operations and obtain all necessary permits and licenses in substantial compliance with (a) all applicable federal, state and local laws, rules and regulations, and (b) all agreements, indentures and mortgages to which it is a party or by which it or any of its properties is bound, unless unless, in either case, the Borrower's ’s or a Subsidiary's ’s failure to so comply would not have a Material Adverse Effect on the Borrower or any Subsidiary.
Appears in 1 contract
Samples: Credit Agreement (Gold Kist Inc.)
Compliance with Laws and Other Agreements. The Borrower ----------------------------------------- shall, and shall cause each Subsidiary to, conduct its business operations and obtain all necessary permits and licenses in substantial compliance with (ai) all applicable federal, state and local laws, rules and regulations, regulations and (bii) all agreements, indentures and mortgages to which it is a party or by which it or any of its properties is bound, unless the Borrower's or a Subsidiary's failure to so comply would not have a Material Adverse Effect material adverse effect on the Borrower or any Subsidiary.
Appears in 1 contract
Samples: Credit Agreement (Gold Kist Inc)