Common use of Compliance with Statutes; Agreements, etc Clause in Contracts

Compliance with Statutes; Agreements, etc. Each of the Credit Parties is in compliance with (a) all applicable statutes, regulations, rules, administrative orders and other orders of, and all applicable restrictions imposed by, all governmental bodies, domestic or foreign, in respect of the conduct of its business and the ownership of its property and (b) all contracts and agreements to which it is a party, except such non-compliance as could not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Note Purchase Agreement (Stonemor Partners Lp), Note Purchase Agreement (Stonemor Partners Lp)

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Compliance with Statutes; Agreements, etc. Each Credit Party and each of the Credit Parties its Subsidiaries is in compliance with (ai) all applicable statutes, regulations, rules, administrative orders rules and other orders of, and all applicable restrictions imposed by, all governmental bodies, domestic or foreign, in respect of the conduct of its business and the ownership of its property and (bii) all contracts and agreements to which it is a party, except in each case such non-compliance compliances as could not reasonably be expected toto have, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Baldwin Technology Co Inc)

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Compliance with Statutes; Agreements, etc. Each of the Credit Parties is in compliance with (ai) all applicable statutes, regulations, rules, administrative orders rules and other orders of, and all applicable restrictions imposed by, all governmental bodies, domestic or foreign, in respect of the conduct of its business and the ownership of its property and (bii) all contracts and agreements to which it is a party, except such non-compliance as could not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Stonemor Partners Lp)

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