Common use of Comply with Applicable Laws Clause in Contracts

Comply with Applicable Laws. Borrower shall comply with all applicable Laws, including without limitation, all health and environmental Laws, and all other directions, orders and notices of violations issued by any Governmental Agency relating to or affecting Borrower or the Collateral. Further, Borrower shall indemnify and hold Lender harmless from the failure by Borrower to comply with such Laws to the full extent provided for herein.

Appears in 3 contracts

Samples: Business Loan and Security Agreement (Iron Bridge Mortgage Fund, LLC), Loan and Security Agreement (Terra Secured Income Fund 5, LLC), Loan and Security Agreement (Terra Property Trust, Inc.)

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Comply with Applicable Laws. Borrower shall use commercially reasonable efforts to comply with all applicable Laws, including without limitation, all health and environmental Laws, and all other directions, orders and notices of violations issued by any Governmental Agency relating to or affecting Borrower or the Collateral. Further, Borrower shall indemnify and hold Lender harmless from the failure by Borrower to use commercially reasonable efforts to comply with such Laws to the full extent provided for herein.

Appears in 2 contracts

Samples: Business Loan Agreement (Redwood Mortgage Investors IX), Business Loan Agreement (Redwood Mortgage Investors Viii)

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