Common use of Compliance with Laws; Authorizations Clause in Contracts

Compliance with Laws; Authorizations. Each Credit Party and each of its Subsidiaries (a) has complied and is complying with all Applicable Laws and (b) is in possession of and has all requisite Registrations, governmental licenses, authorizations, consents and approvals required under Applicable Laws, and (c) to the extent due and owing has fully paid all applicable user fees, to operate its business and relating to the Credit Party’s Products as currently conducted except, in each case, to the extent that failure to do so could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (Teligent, Inc.), Credit Agreement (Teligent, Inc.), First Lien Credit Agreement (Teligent, Inc.)

AutoNDA by SimpleDocs

Compliance with Laws; Authorizations. Each Credit Party and each of its Subsidiaries (a) has complied and is complying with all Applicable Laws and Laws, (b) is in possession of and has all requisite RegistrationsPermits, governmental licenses, authorizations, consents and approvals required under Applicable Laws, Laws and (c) to the extent due and owing has fully paid all applicable user fees, to operate its business and relating to the Credit Party’s Products as currently conducted except, in each case, to the extent that failure to do so could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Adma Biologics, Inc.), Credit Agreement (Evolent Health, Inc.), Credit Agreement (Paragon 28, Inc.)

AutoNDA by SimpleDocs

Compliance with Laws; Authorizations. Each Credit Party and each of its Subsidiaries (a) has complied and is complying with all Applicable Laws and Laws, (b) is in possession of and has all requisite RegistrationsPermits, governmental licenses, authorizations, consents and approvals required under Applicable Laws, Laws and (c) to the extent due and owing has fully paid all applicable user fees, to operate its business and relating to the Credit Party’s Products as currently conducted except, in each case, to the extent that failure to do so could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.. SECTION 7.20

Appears in 2 contracts

Samples: Credit Agreement (Evolent Health, Inc.), Credit Agreement (Evolent Health, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!