Compliance with LLC Agreement Sample Clauses

Compliance with LLC Agreement. Subscriber and Company hereby represent to each other that all the terms and conditions of the LLC Agreement that are necessary to be complied with or satisfied in order to transfer the Membership Interest from Subscriber to the Company have been complied with or satisfied or are hereby waived.
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Compliance with LLC Agreement. The Participant agrees the Participant will hold all equity interests issued by the Company in compliance with the provisions of the LLC Agreement.
Compliance with LLC Agreement. IOI shall comply with and abide by that certain Limited Liability Company Agreement of Westbank (the "LLC Agreement"), as may be amended from time to time. In particular, IOI acknowledges that pursuant to the LLC Agreement, the Management Board, as defined in the LLC Agreement, holds and possesses certain powers and rights with respect to Westbank and IOI agrees that it shall take no actions which are reserved in the LLC Agreement for the Management Board.
Compliance with LLC Agreement. The Issuer shall comply with and shall not amend the Limited Liability Company Agreement without the consent of the Holders representing at least 66-2/3% of the Adjusted Note Balance of each Class of Notes then Outstanding if such amendment would have a material adverse effect on the rights of the Noteholders. In addition, the Issuer shall not amend in any material respect the Limited Liability Company Agreement without providing the Rating Agency with notice no later than the tenth Business Day prior to such amendment (unless the right to such notice is waived by the Rating Agency) and provided that the Rating Agency has not informed the Issuer that the rating of any Class of Notes Outstanding will be withdrawn or reduced as a result of such amendment.
Compliance with LLC Agreement. The LLC Agreement restricts the transfer of this Warrant or any Warrant Units to any Person other than a Permitted Transferee (as defined in the LLC Agreement) or as otherwise expressly permitted by Article V of the LLC Agreement. Transfers which are not made in strict compliance with Article V of the LLC Agreement (including without limitation, the conditions of transfer set forth in Section 5.2 thereof, the right of first offer set forth in Section 5.3 thereof and the other sections thereof described elsewhere in this Warrant) shall be null and void and of no force and effect.

Related to Compliance with LLC Agreement

  • Compliance with Agreement Buyer shall have performed and complied in all material respects with all of its obligations under this Agreement which are to be performed or complied with by it prior to or on the Closing Date.

  • Compliance with Agreements Promptly and fully comply with all Contractual Obligations to which any one or more of them is a party, except for any such Contractual Obligations (a) the nonperformance of which would not cause a Default or Event of Default, (b) then being contested by any of them in good faith by appropriate proceedings, or (c) if the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

  • Compliance with FCPA Each of the Credit Parties and their Subsidiaries is in compliance with the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq., and any foreign counterpart thereto. None of the Credit Parties or their Subsidiaries has made a payment, offering, or promise to pay, or authorized the payment of, money or anything of value (a) in order to assist in obtaining or retaining business for or with, or directing business to, any foreign official, foreign political party, party official or candidate for foreign political office, (b) to a foreign official, foreign political party or party official or any candidate for foreign political office, and (c) with the intent to induce the recipient to misuse his or her official position to direct business wrongfully to such Credit Party or its Subsidiary or to any other Person, in violation of the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq.

  • Compliance with ADA The Company and its subsidiaries and each Real Property are currently in compliance with all presently applicable provisions of the Americans with Disabilities Act, as amended, except for any such non-compliance that would not, individually or in aggregate, reasonably be expected to have a Material Adverse Effect.

  • Compliance with Agreements and Law Each Restricted Person will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound. Each Restricted Person will conduct its business and affairs in compliance with all Laws applicable thereto.

  • Compliance with Agreements, Laws, Etc It shall (i) duly observe and comply in all material respects with all Applicable Laws relative to the conduct of its business or to its assets, (ii) preserve and keep in full force and effect its legal existence, (iii) preserve and keep in full force and effect its rights, privileges, qualifications and franchises, except where the failure to do so could not reasonably be expected to result in a Material Adverse Effect, (iv) comply with the terms and conditions of each Facility Document to which it is a party and its Constituent Documents and (v) obtain, maintain and keep in full force and effect all Governmental Authorizations, Private Authorizations and Governmental Filings which are necessary to properly carry out its business and the transactions contemplated to be performed by it under the Facility Documents to which it is a party and its Constituent Documents, except, in the case of this clause (v), where the failure to do so would not reasonably be expected to have a Material Adverse Effect.

  • Compliance with Law, Etc No Loan Party or any of its Subsidiaries is in violation of (i) any of its Governing Documents, (ii) any Requirement of Law, or (iii) any material term of any Contractual Obligation (including, without limitation, any Material Contract) binding on or otherwise affecting it or any of its properties, and no default or event of default has occurred and is continuing thereunder.

  • Compliance with Agreements and Covenants Purchaser shall have performed and complied in all material respects with all of its covenants, obligations and agreements contained in this Agreement to be performed and complied with by it on or prior to the Closing Date.

  • Non-Compliance with Loan Documents (a) Failure by any Loan Party to comply with or to perform any covenant set forth in Section 10.1.5, 10.3(b), 10.5 or 10.9 or Section 11; or (b) failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of such failure described in this clause (b) for 30 days.

  • Compliance with Laws, Etc Comply, and cause each of its Subsidiaries to comply with all applicable laws, rules, regulations and orders, such compliance to include, without limitation, compliance with ERISA and Environmental Laws, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

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