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

Compliance with Laws; Use of Proceeds. Each Borrower shall, and shall cause each of its Subsidiaries to, comply in all material respects with all applicable Laws, including all Environmental Laws. The Borrowers will use the Letter of Credit and the proceeds of the Loans only in accordance with Section 2.7 and as permitted by applicable Law.

Appears in 2 contracts

Samples: Credit Agreement (Cincinnati Financial Corp), Credit Agreement (Cincinnati Financial Corp)

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Compliance with Laws; Use of Proceeds. Each The Borrower shall, and shall cause each of its Subsidiaries to, comply in all material respects with all applicable Applicable Laws, including all Environmental Laws. The Borrowers Borrower will use the Letter of Credit and the proceeds of the Loans only in accordance with Section 2.7 2.3 and as permitted by applicable Applicable Law.

Appears in 2 contracts

Samples: Letter of Credit Facility Agreement (Cincinnati Financial Corp), Letter of Credit Facility Agreement (Cincinnati Financial Corp)

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Compliance with Laws; Use of Proceeds. Each Borrower shall, and shall cause each of its Subsidiaries to, comply in all material respects with all applicable Laws, including all Environmental Laws. The Borrowers will use the Letter of Credit and the proceeds of the Loans only in accordance with Section 2.7 and as permitted by applicable Law.

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Financial Corp)

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