Common use of Compliance with Requirements of Law Clause in Contracts

Compliance with Requirements of Law. It shall duly satisfy all obligations on its part to be fulfilled under or in connection with each Receivable, will maintain in effect all qualifications required under Applicable Law and will comply in all material respects with all other Applicable Laws in connection with servicing each Receivable the failure to comply with which would have a material adverse effect on its performance of its obligations under this Agreement.

Appears in 12 contracts

Samples: Receivables Purchase Agreement (California Republic Funding LLC), Receivables Purchase Agreement (California Republic Auto Receivables Trust 2018-1), Receivables Purchase Agreement (California Republic Auto Receivables Trust 2018-1)

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Compliance with Requirements of Law. It shall duly satisfy all obligations on its part to be fulfilled under or in connection with each Receivablethe Related Documents and the Performance Guaranty, will maintain in effect all material qualifications required under Applicable applicable Requirements of Law in order to conduct its business and will comply in all material respects with all other Applicable Laws applicable Requirements of Law in connection with servicing each Receivable the failure to comply with which would have a material adverse effect on its performance of its obligations under this AgreementRelated Documents and the Performance Guaranty.

Appears in 8 contracts

Samples: Receivables Purchase and Administration Agreement (T-Mobile US, Inc.), Master Receivables Purchase Agreement (T-Mobile US, Inc.), Receivables Purchase and Administration Agreement (T-Mobile US, Inc.)

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Compliance with Requirements of Law. It shall duly satisfy all obligations on its part to be fulfilled under or in connection with each Receivablethis Agreement, will maintain in effect all material qualifications required under Applicable applicable Requirements of Law in order to conduct its business and will comply in all material respects with all other Applicable Laws applicable Requirements of Law in connection with servicing each Receivable the failure to comply with which would have a material adverse effect on its performance of its obligations under this Agreement.

Appears in 1 contract

Samples: Guaranty (United States Cellular Corp)

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