Common use of Compliance with Laws; Preservation of Corporate Existence Clause in Contracts

Compliance with Laws; Preservation of Corporate Existence. The Seller will comply in all material respects with all applicable laws, rules, regulations and orders and preserve and maintain its corporate existence, rights, franchises, qualifications and privileges.

Appears in 9 contracts

Samples: Purchase and Sale Agreement (Resource America Inc), Purchase and Sale Agreement (Fidelity Leasing Inc), Asset Purchase Agreement (Bluegreen Corp)

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Compliance with Laws; Preservation of Corporate Existence. The Seller will comply in all material respects with all applicable laws, and all governmental rules, regulations and orders and preserve and maintain its corporate existence, rights, franchises, qualifications and privileges, in each case to the extent that the failure to do so could reasonably be expected to cause a Material Adverse Effect.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (North Atlantic Energy Corp /Nh), Receivables Purchase Agreement (Northeast Utilities System), Receivables Purchase and Sale Agreement (North Atlantic Energy Corp /Nh)

Compliance with Laws; Preservation of Corporate Existence. The Such Seller will comply in all material respects with all applicable laws, rules, regulations and orders and preserve and maintain its corporate existence, rights, franchises, qualifications and privileges.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Fidelity Leasing Inc)

Compliance with Laws; Preservation of Corporate Existence. The Seller will shall comply in all material respects with all applicable lawslaws (including, without limitation, ERISA and the Code), rules, regulations regulations, orders and orders Facility Documents and preserve and maintain its corporate existence, rights, franchises, qualifications and privilegesprivileges where the failure to comply could reasonably be expected to have a material adverse effect on the Seller's ability to perform its obligations hereunder or the ability to assign or collect the Purchased Receivables hereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Outsource International Inc)

Compliance with Laws; Preservation of Corporate Existence. The --------------------------------------------------------- Seller will comply in all material respects with all applicable laws, rules, regulations and orders and preserve and maintain its corporate existence, rights, franchises, qualifications and privileges.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Bankvest Capital Corp)

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Compliance with Laws; Preservation of Corporate Existence. The Seller will shall comply in all material respects with all applicable lawslaws (including, without limitation, ERISA and the Code), rules, regulations regulations, orders and orders Facility Documents and preserve and maintain its corporate existence, rights, franchises, qualifications and privilegesprivileges where the failure to comply could reasonably be expected to materially adversely affect the Seller's ability to perform its obligations hereunder or the ability to assign or collect the Purchased Receivables hereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Synthetic Industries Inc)

Compliance with Laws; Preservation of Corporate Existence. The Seller will comply in all material respects with all applicable laws, rules, regulations and orders and preserve and maintain its corporate existence, and will preserve and maintain its rights, franchises, qualifications and privilegesprivileges in all material respects.

Appears in 1 contract

Samples: Loan and Security Agreement (Equivest Finance Inc)

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