Common use of Compliance with Laws; Use of Proceeds Clause in Contracts

Compliance with Laws; Use of Proceeds. (a) Each Loan Party shall, and shall cause each of its Subsidiaries to, comply in all material respects with all applicable Laws, including all Environmental Laws, in all respects; except (i) where such compliance with any law is being contested in good faith by appropriate proceedings diligently conducted, and (ii) that it shall not be deemed to be a violation of this Section 8.7 if any failure to comply with any Law would not result in fines, penalties, remediation costs, other similar liabilities or injunctive relief which in the aggregate would constitute a Material Adverse Change. (b) The Loan Parties will use the Letters of Credit and the proceeds of the Loans only for Permitted Acquisitions, working capital, and general corporate purposes and as permitted by applicable Law.

Compliance with Laws; Use of Proceeds. (a) Each Loan Party shall, and shall cause each of its Subsidiaries to, comply in all material respects with all applicable Laws, including all Environmental Laws, in all respects; except (i) where such compliance with any law Law is being contested in good faith by appropriate proceedings diligently conducted, and (ii) that it shall not be deemed to be a violation of this Section 8.7 if any failure to comply with any Law would not be reasonably expected to result in fines, penalties, remediation costs, other similar liabilities or injunctive relief which in the aggregate would constitute a Material Adverse Change. (b) The Loan Parties will use the Letters of Credit and the proceeds of the Loans only for Permitted Acquisitions, working capital, and general corporate purposes purposes, including Investments permitted hereunder, to refinance Indebtedness of any Loan Parties or Subsidiaries of any Loan Parties, and as otherwise permitted by applicable LawLaw and the organizational documents of the Loan Parties.

Compliance with Laws; Use of Proceeds. (a) Each Loan Party The Borrower shall, and shall cause each of its Subsidiaries to, comply in all material respects with all applicable Laws, including all Environmental Laws, in all respects; except (i) where such compliance with any law is being contested in good faith by appropriate appropriately proceedings diligently conducted, and (ii) that it shall not be deemed to be a violation of this Section 8.7 if any failure to comply with any Law would not result in fines, penalties, remediation costs, other similar liabilities or injunctive relief which in the aggregate would constitute a Material Adverse Change. (b) . The Loan Parties Borrower will use the Letters of Credit and the proceeds of the Loans only for Permitted Acquisitions, to fund ongoing working capital, capital expenditures and other general corporate purposes and as permitted by applicable Law.

Compliance with Laws; Use of Proceeds. (a) Each Loan Party shall, and shall cause each of its Subsidiaries to, comply in all material respects with all applicable Laws, including all Environmental Laws, in all respects; except (i) where such compliance with any law Law is being contested in good faith by appropriate proceedings diligently conducted, and (ii) that it shall not be deemed to be a violation of this Section 8.7 if any failure to comply with any Law would not be reasonably expected to result in fines, penalties, remediation costs, other similar liabilities or injunctive relief which in the aggregate would constitute a Material Adverse Change. (b) The Loan Parties will use the Letters of Credit and the proceeds of the Loans only for Permitted Acquisitions, working capital, and general corporate purposes purposes, to refinance Indebtedness of any Loan Parties or Subsidiaries of any Loan Parties, Property acquisitions and development and as otherwise permitted by applicable LawLaw and the organizational documents of the Loan Parties.