Common use of Employment and Labor Agreements Clause in Contracts

Employment and Labor Agreements. Each Loan Party and each of its Subsidiaries is in compliance in all material respects with the terms and conditions of any employment agreements to which it is party, except for failures to comply which could not be reasonably expected to result, either individually or in the aggregate, in a Material Adverse Effect.

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust)

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Employment and Labor Agreements. Each Loan Party and each of its Subsidiaries is in compliance in all material respects with the terms and conditions of any employment agreements to which it is party, except for failures to comply which could not be reasonably expected to result, either individually or in the aggregate, in a Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Royale Investments Inc)

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Employment and Labor Agreements. Each Loan Party and each of its Subsidiaries is in compliance in all material respects with the terms and conditions of any employment agreements to which it is party, except for failures to comply which that could not be reasonably expected to result, either individually or in the aggregate, in a Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Corporate Office Properties Trust)

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