Common use of Compliance with Laws; Payment of Obligations Clause in Contracts

Compliance with Laws; Payment of Obligations. (a) Each Loan Party and each Subsidiary of any Loan Party will comply in all material respects with all material permits, licenses, authorizations, approvals, entitlements, accreditations and privileges of each Governmental Authority and all applicable Laws.

Appears in 3 contracts

Samples: Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.)

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Compliance with Laws; Payment of Obligations. (a) Each Loan Party Borrower and each Subsidiary of any other Loan Party will comply in all material respects with all material permits, licenses, authorizations, approvals, entitlements, accreditations and privileges of each Governmental Authority and all applicable Laws.

Appears in 2 contracts

Samples: Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (Wells Timberland REIT, Inc.)

Compliance with Laws; Payment of Obligations. (ah) Each Loan Party Borrower and each Subsidiary of any other Loan Party will comply in all material respects with all material permits, licenses, authorizations, approvals, entitlements, accreditations and privileges of each Governmental Authority and all applicable Laws.

Appears in 1 contract

Samples: Credit Agreement (Wells Timberland REIT, Inc.)

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Compliance with Laws; Payment of Obligations. (a) Each Borrower will, and will cause each other Loan Party and each Subsidiary of any Loan Party will to, comply in all material respects with all material permits, licenses, authorizations, approvals, entitlements, accreditations and privileges of each Governmental Authority and all applicable Laws.

Appears in 1 contract

Samples: Recognition Agreement (Wells Timberland REIT, Inc.)

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