Common use of Compliance with Requirements of Governmental Authorities Clause in Contracts

Compliance with Requirements of Governmental Authorities. Duly observe and conform to, and cause its subsidiaries to so observe and conform to, in all material respects, all applicable statutes, ordinances, rules, regulations, orders and all valid requirements of governmental authorities relating to the conduct of its businesses or to its property or assets. Without limiting the generality of the foregoing, the Company will: (1) comply with all minimum funding requirements applicable to any pension plans, employee benefit plans or employee contribution plans which are subject to ERISA or to the Code, and comply in all other respects with the provisions of ERISA and the provisions of the Code applicable to such plans; and (2) comply with all applicable laws of the United States and of each applicable jurisdiction relating to equal employment opportunity, any rules, regulations, administrative orders and executive orders relating thereto and the applicable terms, relating to equal employment opportunity, of any contract, agreement or grant the company has with, from or relating (by way of subcontract or otherwise) to any other contract, agreement or grant of, any federal or state governmental unit; and keep all records required to be kept, and file all reports, affirmative action plans and forms required to be filed, pursuant to any such applicable law or the terms of any such government contract; and (3) so conduct its business that neither the Company nor any Subsidiary nor any property owned or occupied by the Company or any Subsidiary is in violation of any Environmental Law of any sort or in violation of any federal or state "OSHA" law so-called.

Appears in 4 contracts

Samples: Stock Purchase and Registration Rights Agreement (Metropolitan Venture Partners Ii Lp), Stock Purchase and Registration Rights Agreement (Direct Insite Corp), Stock Purchase and Registration Rights Agreement (Metropolitan Venture Partners Ii Lp)

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Compliance with Requirements of Governmental Authorities. Duly The Company shall duly observe and conform to, and cause its subsidiaries to so observe and conform to, in all material respects, all applicable statutes, ordinances, rules, regulations, orders and all valid requirements of governmental authorities relating to the conduct of its businesses or to its property or assetsassets the non-compliance with which would have a material adverse effect on the Company. Without limiting the generality of the foregoing, the Company will: (1a) comply Comply with all minimum funding requirements applicable to any pension plans, employee benefit plans or employee contribution plans which are subject to ERISA or to the Internal Revenue Code of 1986, as amended (the "Code"), and comply in all other respects with the provisions of ERISA and the provisions of the Code applicable to such plans; and; (2b) comply Comply with all applicable laws of the United States and of each applicable jurisdiction relating to equal employment opportunity, any rules, regulations, administrative orders and executive orders Executive Orders relating thereto and the applicable terms, relating to equal employment opportunity, of any contract, agreement or grant the company Company has with, from or relating (by way of subcontract or otherwise) to any other contract, agreement or grant of, any federal or state governmental unit; and keep all records required to be kept, and file all reports, affirmative action plans and forms required to be filed, pursuant to any such applicable law or the terms of any such government contract; and (3c) so So conduct its business that neither the Company nor any Subsidiary nor any property owned or occupied by the Company or any Subsidiary is in violation of any Federal or State Environmental Law of any sort or in violation of any federal Federal or state State "OSHA" law Law so-called.

Appears in 2 contracts

Samples: Series a Preferred Stock and Warrant Purchase Agreement (Visalia Trust), Series a Preferred Stock and Warrant Purchase Agreement (Telantis Venture Partners v Inc)

Compliance with Requirements of Governmental Authorities. Duly The Company shall duly observe and conform to, and cause its subsidiaries to so observe and conform to, in all material respects, respects to all applicable statutes, ordinances, rules, regulations, orders and all valid requirements of governmental authorities relating to the conduct of its businesses business or to its property or assets. Without limiting the generality of the foregoing, the Company will: (1a) comply Comply in all material respects with all minimum funding requirements applicable to any pension plans, employee benefit plans or employee contribution plans which are subject to ERISA or to the Internal Revenue Code of 1986, as amended (the "Code"), and comply in all other respects with the provisions of ERISA and the provisions of the Code applicable to such plans; and (2b) comply Comply in all material respects with all applicable laws of the United States and of each applicable jurisdiction relating to equal employment opportunity, any rules, regulations, administrative orders and executive orders Executive Orders relating thereto and the applicable terms, relating to equal employment opportunity, of any contract, agreement or grant the company Company has with, from or relating (by way of subcontract or otherwise) to any other contract, agreement or grant of, any federal or state governmental unit; and keep all records required to be kept, and file all reports, affirmative action plans and forms required to be filed, pursuant to any such applicable law or the terms of any such government contract; and. (3c) so So conduct its business in all material respects that neither the Company nor any Subsidiary nor any property owned or occupied by the Company or any Subsidiary is in violation of any Federal or State Environmental Law of any sort or in violation of any federal Federal or state State "OSHA" law Law so-called.

Appears in 1 contract

Samples: Purchase Agreement (Genaissance Pharmaceuticals Inc)

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Compliance with Requirements of Governmental Authorities. Duly observe and conform to, and cause its subsidiaries to so observe and conform to, in all material respects, all applicable statutes, ordinances, rules, regulations, orders and all valid requirements of governmental authorities relating to the conduct of its businesses or to its property or assets. Without limiting the generality of the foregoing, the Company will: (1) comply with all minimum funding requirements applicable to any pension plans, employee benefit plans or employee contribution plans which are subject to ERISA or to the Code, and comply in all other respects with the provisions of ERISA and the provisions of the Code applicable to such plans; and (2) comply with all applicable laws of the United States and of each applicable jurisdiction relating to equal employment opportunity, any rules, regulations, administrative orders and executive orders relating thereto and the applicable terms, relating to equal employment opportunity, of any contract, agreement or grant the company has with, from or relating (by way of subcontract or otherwise) to any other contract, agreement or grant of, any federal or state governmental unit; and keep all records required to be kept, and file all reports, affirmative action plans and forms required to be filed, pursuant to any such applicable law or the terms of any such government contract; and (3) so conduct its business that neither the Company nor any Subsidiary nor any property owned or occupied by the Company or any Subsidiary is in violation of any Environmental Law of any sort or in violation of any federal or state "OSHA" law so-called.37

Appears in 1 contract

Samples: Stock Purchase and Registration Rights Agreement (Direct Insite Corp)

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