Contracts and Franchises. Borrower shall comply with all agreements or instruments to which it is a party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound and shall maintain any and all franchises it may have or hereafter acquire, provided that Borrower shall not be deemed to be in violation of this SECTION 7.13 as a result of any failure to comply with any agreement if such failure would not have Material Adverse Effect.
Appears in 2 contracts
Samples: Equipment Loan and Security Agreement (Econophone Inc), Equipment Loan and Security Agreement (Econophone Inc)
Contracts and Franchises. Borrower shall comply with all agreements or instruments to which it is a party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound and shall maintain any and all franchises it may have or hereafter acquire, provided that Borrower shall not be deemed to be in violation of this SECTION Section 7.13 as a result of any failure to comply with any agreement if such failure would not have Material Adverse Effect.
Appears in 2 contracts
Samples: Loan and Security Agreement (GST Telecommunications Inc), Loan and Security Agreement (Focal Communications Corp)
Contracts and Franchises. Each Borrower shall comply with all ------------------------ agreements or instruments to which it is a party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound and shall maintain any and all franchises it may have or hereafter acquire, provided that the Borrower shall not be deemed to be in violation of this SECTION Section 7.13 as a ------------ result of any failure to comply with any agreement if such failure would not have Material Adverse Effect.
Appears in 1 contract
Samples: Loan and Security Agreement (Broadview Networks Holdings Inc)
Contracts and Franchises. Borrower shall comply in all material respects with all material agreements or instruments to which it is a party or by which it or any of its material properties (now owned or hereafter acquired) may be subject or bound and shall maintain any and all franchises it may have or hereafter acquire, provided that Borrower shall not be deemed to be in violation of this SECTION 7.13 Section 7.12 as a result of any failure to comply with any agreement if one reasonably would expect such failure would not to have a Material Adverse Effect.
Appears in 1 contract
Samples: Loan and Security Agreement (Startec Global Communications Corp)
Contracts and Franchises. Borrower The Borrowers shall comply with all agreements or instruments to which it is a party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound and shall maintain any and all franchises it may have or hereafter acquire, provided that Borrower the Borrowers shall not be deemed to be in violation of this SECTION Section 7.13 as a result of any failure to comply with any agreement if such failure would not have Material Adverse Effect.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Econophone Inc)
Contracts and Franchises. The Borrower shall and shall have each ------------------------ of its Subsidiaries comply with all agreements or instruments to which it is a party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound and shall maintain any and all franchises it may have or hereafter acquire, provided that the Borrower shall not be deemed to be in violation of this SECTION Section 7.13 as a result of any failure to comply with any ------------- agreement if such failure would not have Material Adverse Effect.
Appears in 1 contract
Samples: Loan and Security Agreement (Telscape International Inc)
Contracts and Franchises. Borrower Each of the Borrowers shall comply with all agreements or instruments to which it is a party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound and shall maintain any and all franchises it may have or hereafter acquire, provided that Borrower the Borrowers shall not be deemed to be in violation of this SECTION Section 7.13 as a result of any failure to comply with any agreement if such failure would not have Material Adverse Effect.
Appears in 1 contract
