Common use of Compliance with Laws, Regulations Clause in Contracts

Compliance with Laws, Regulations. (a) Borrower shall, at all times, comply in all material respects with all laws, rules, regulations, licenses, permits, approvals and orders applicable to it and duly observe all requirements of any Federal, State or local governmental authority, including, without limitation, the Employee Retirement Security Act of 1974, as amended, the Occupational Safety and Hazard Act of 1970, as amended, the Fair Labor Standards Act of 1938, as amended, and all statutes, rules, regulations, orders, permits and stipulations relating to environmental pollution and employee health and safety, including, without limitation, all of the Environmental Laws.

Appears in 4 contracts

Samples: Loan and Security Agreement (Microtel International Inc), Loan and Security Agreement (La Gear Inc), Loan Agreement (Consolidated Capital of North America Inc)

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