Common use of Government Compliance Clause in Contracts

Government Compliance. (a) Except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 5 contracts

Samples: Loan and Security Agreement (Fate Therapeutics Inc), Loan and Security Agreement (Fate Therapeutics Inc), Loan and Security Agreement (Solta Medical Inc)

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Government Compliance. (a) Except as permitted by under Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 5 contracts

Samples: Loan and Security Agreement (Gigamon LLC), Loan and Security Agreement (Gigamon LLC), Loan and Security Agreement (Gigamon LLC)

Government Compliance. (a) Except as permitted by under Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation organization and maintain qualification in each jurisdiction in which the failure to so qualify would could reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Change. Borrower shall comply, and have each Subsidiary comply, Comply with all laws, ordinances and regulations to which it Borrower or any of its Subsidiaries is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s businessMaterial Adverse Change.

Appears in 5 contracts

Samples: Loan and Security Agreement (Otonomy, Inc.), Loan and Security Agreement (Miramar Labs, Inc.), Loan and Security Agreement (Miramar Labs, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 4 contracts

Samples: Senior Loan and Security Agreement (Appdynamics Inc), Senior Loan and Security Agreement (Appdynamics Inc), Loan and Security Agreement (Amber Road, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 4 contracts

Samples: Loan and Security Agreement (Outbrain Inc.), Loan and Security Agreement (Sentinel Labs, Inc.), Loan and Security Agreement (ShockWave Medical, Inc.)

Government Compliance. (a) Except as permitted by pursuant to Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 4 contracts

Samples: Loan and Security Agreement (iRhythm Technologies, Inc.), Loan and Security Agreement (iRhythm Technologies, Inc.), Loan and Security Agreement (iRhythm Technologies, Inc.)

Government Compliance. (a) Except as permitted by Section Subject to Sections 7.2 and 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operationsbusiness. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 4 contracts

Samples: Loan and Security Agreement (Axcelis Technologies Inc), Loan and Security Agreement (Axcelis Technologies Inc), Loan and Security Agreement (Axcelis Technologies Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing (if applicable) in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have would reasonably be expected to cause a material adverse effect on Borrower’s businessMaterial Adverse Change.

Appears in 4 contracts

Samples: Loan and Security Agreement (Cyoptics Inc), Loan Modification Agreement (Cyoptics Inc), First Loan Modification Agreement (Cyoptics Inc)

Government Compliance. (a) Except as Subject to transactions permitted by pursuant to Section 7.37.3 hereof, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Effect. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 4 contracts

Samples: Loan and Security Agreement (RMG Networks Holding Corp), Agreement (RMG Networks Holding Corp), Loan and Security Agreement (RMG Networks Holding Corp)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 4 contracts

Samples: Loan and Security Agreement (Vringo Inc), Loan and Security Agreement (Soundbite Communications Inc), Loan and Security Agreement (Soundbite Communications Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on such Borrower’s business or operations. Each Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on such Borrower’s businessbusiness or operations.

Appears in 3 contracts

Samples: Loan and Security Agreement (Ultra Clean Holdings Inc), Loan and Security Agreement (Ultra Clean Holdings Inc), Loan and Security Agreement (Ultra Clean Holdings Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions its jurisdiction of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 3 contracts

Samples: Loan and Security Agreement (GigOptix, Inc.), Loan and Security Agreement (GigOptix, Inc.), Loan and Security Agreement (Ocz Technology Group Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all of its Subsidiaries’ legal existence (except as permitted under Section 6.3 with respect to Subsidiaries only) and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 3 contracts

Samples: Loan and Security Agreement (Sunlight Financial Holdings Inc.), Loan and Security Agreement (Sunlight Financial Holdings Inc.), Loan and Security Agreement (Spartan Acquisition Corp. II)

Government Compliance. (a) Except Maintain its and (except as permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Brightcove Inc), Loan and Security Agreement (Brightcove Inc)

Government Compliance. (a) Except Maintain its and (except as otherwise permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 3 contracts

Samples: Loan and Security Agreement (Okta, Inc.), Loan and Security Agreement (Okta, Inc.), Loan and Security Agreement (Okta, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.. EXECUTION VERSION

Appears in 3 contracts

Samples: Mezzanine Loan and Security Agreement, Mezzanine Loan and Security Agreement (Impinj Inc), Mezzanine Loan and Security Agreement (Impinj Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would could reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 3 contracts

Samples: Loan Modification Agreement (PTC Therapeutics, Inc.), Loan Modification Agreement (PTC Therapeutics, Inc.), Loan and Security Agreement (Tranzyme Inc)

Government Compliance. (a) Except as described in the Perfection Certificate or permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Borderfree, Inc.), Loan and Security Agreement (Borderfree, Inc.)

Government Compliance. Maintain its and (a) Except except as permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Carbon Black, Inc.), Loan and Security Agreement (Carbon Black, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Luca Technologies Inc), Loan and Security Agreement (Luca Technologies Inc)

Government Compliance. (a) Except as permitted by Section Sections 7.2 and 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and and, to the extent applicable, maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Livongo Health, Inc.), Loan and Security Agreement (Livongo Health, Inc.)

Government Compliance. (a) Except as to the extent permitted by under Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nalu Medical, Inc.), Loan and Security Agreement (Nalu Medical, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all of its Subsidiaries’ legal existence (except as permitted under Section 6.3 with respect to Subsidiaries only) and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all material laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (SI-BONE, Inc.), Loan and Security Agreement (SI-BONE, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operationseffect. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could have would reasonably be expected to result in a material adverse effect on Borrower’s businessMaterial Adverse Change.

Appears in 2 contracts

Samples: Loan and Security Agreement (Enernoc Inc), Loan and Security Agreement (Enernoc Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cryocor Inc), Loan and Security Agreement (Metabasis Therapeutics Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could subject the failure to so comply would reasonably be expected to have a material adverse effect on Borrower’s businessbusiness or operations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Stemcells Inc), Loan and Security Agreement (Stemcells Inc)

Government Compliance. (a) Except as otherwise permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eargo, Inc.), Loan and Security Agreement (Sienna Biopharmaceuticals, Inc.)

Government Compliance. (a) Except as permitted by Section Subject to Sections 7.2 and 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (10x Genomics, Inc.), Loan and Security Agreement (10X Genomics, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan Modification Agreement (Enernoc Inc), Loan and Security Agreement (Enernoc Inc)

Government Compliance. (a) Except as is permitted by under Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have cause a material adverse effect on Borrower’s business or operations. Material Adverse Change, Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have reasonably be expected to cause a material adverse effect on Borrower’s businessMaterial Adverse Change.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Iwatt Inc)

Government Compliance. (a) Except as permitted by Section Sections 7.1 and 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Iridex Corp), Loan and Security Agreement (A10 Networks, Inc.)

Government Compliance. (a) Except Maintain its and (except as permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.; and

Appears in 2 contracts

Samples: Loan and Security Agreement (Aegerion Pharmaceuticals, Inc.), Loan and Security Agreement (Aegerion Pharmaceuticals, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s businessbusiness or operations.

Appears in 2 contracts

Samples: Loan and Security Agreement (MaxPoint Interactive, Inc.), Mezzanine Loan and Security Agreement (MaxPoint Interactive, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so maintain existence of a Subsidiary or to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Caliper Life Sciences Inc), Loan and Security Agreement (Caliper Life Sciences Inc)

Government Compliance. (a) Except Maintain its and, except as permitted by the second sentence of Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation organization and maintain qualification in each jurisdiction in which the failure to so qualify would could reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Change. Borrower shall comply, and have each Subsidiary comply, Comply with all laws, ordinances and regulations to which it Borrower or any of its Subsidiaries is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s businessMaterial Adverse Change.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pliant Therapeutics, Inc.), Loan and Security Agreement (Pliant Therapeutics, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all of its Subsidiaries’ legal existence (except as permitted under Section 6.3 with respect to Subsidiaries only) and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances ordinances, and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Imunon, Inc.), Loan and Security Agreement (Environmental Impact Acquisition Corp)

Government Compliance. (a) Except Maintain its and (except as otherwise permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Vericel Corp), Loan and Security Agreement (Vericel Corp)

Government Compliance. (a) Except Maintain its and (except as permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all material laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Loan and Security Agreement (Phathom Pharmaceuticals, Inc.), Loan and Security Agreement (Phathom Pharmaceuticals, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, subject noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 2 contracts

Samples: Subordinated Loan and Security Agreement (Roku, Inc), Subordinated Loan and Security Agreement (Roku, Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Solta Medical Inc)

Government Compliance. (a) Except as to the extent permitted by under Section 7.37.3 hereof, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Sunesis Pharmaceuticals Inc)

Government Compliance. (a) Except Maintain its and (except as permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all applicable laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Phreesia, Inc.)

Government Compliance. (a) Except Maintain its and (except as permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have result in a material adverse effect on Borrower’s business or operationsMaterial Adverse Change. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all applicable laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Phreesia, Inc.)

Government Compliance. (a) Except as permitted by Section 7.1 or Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Couchbase, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain (i) Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and (ii) maintain qualification in each jurisdiction in which it is required to do so pursuant to the laws of such jurisdiction, except in the case of this clause (ii), where the failure to so qualify would not reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Genocea Biosciences, Inc.)

Government Compliance. (a) Except as otherwise permitted by pursuant to Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which except where the failure to do so could not reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Alpha Healthcare Acquisition Corp.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Radisys Corp)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its Maintain their and all its their Subsidiaries’ legal existence and and, if applicable, good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on such Borrower’s business or operations. Borrower Borrowers shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on a Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Intellicheck Mobilisa, Inc.)

Government Compliance. (a) Except Maintain its and (except as permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation or organization and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Effect. Borrower shall comply, and have each Subsidiary comply, with all material, applicable laws, ordinances and regulations to which it is subject, noncompliance with except to the extent which could failure to comply therewith would not reasonably be expected to have a material adverse effect on Borrower’s business.Material Adverse Effect; and

Appears in 1 contract

Samples: Loan and Security Agreement (Lucid Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation organization and maintain qualification in each jurisdiction in which the failure to so qualify would could reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Change. Borrower shall comply, and have each Subsidiary comply, Comply with all laws, ordinances and regulations to which it Borrower or any of its Subsidiaries is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s businessMaterial Adverse Change.

Appears in 1 contract

Samples: Loan and Security Agreement (NanoString Technologies Inc)

Government Compliance. (a) Except as permitted by Section 7.3for the Anticipated Liquidations, maintain its Borrower’s and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its Maintain their and all its their Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on such Borrower’s business or operations. Borrower Borrowers shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on a Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Derycz Scientific Inc)

Government Compliance. (a) Except as permitted by Subject to Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Saba Software Inc)

Government Compliance. (a) Except as otherwise permitted by pursuant to Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Frequency Therapeutics, Inc.)

Government Compliance. (a) Except as otherwise permitted by in Section 7.2 or 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in each of their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Effect. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Shopify Inc.)

Government Compliance. (a) Except Maintain its and, except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing (if applicable) in their respective jurisdictions of formation organization and maintain qualification in each jurisdiction in which the failure to so qualify would could reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Change. Borrower shall comply, and have each Subsidiary comply, Comply with all laws, ordinances and regulations to which it Borrower or any of its Subsidiaries is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s businessMaterial Adverse Change.

Appears in 1 contract

Samples: Loan and Security Agreement (Verona Pharma PLC)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their each respective jurisdictions jurisdiction of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Evergreen Solar Inc)

Government Compliance. (a) Except as permitted by under Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan Modification Agreement (Imprivata Inc)

Government Compliance. (ah) Except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and and, to the extent applicable, good standing in their respective jurisdictions of formation and and, to the extent applicable, maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Limelight Networks, Inc.)

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Government Compliance. (a) Except Maintain its and (except as permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have cause each Subsidiary to comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could subject where the failure to do so would reasonably be expected to have a material adverse effect on Borrower’s businessbusiness or operations.

Appears in 1 contract

Samples: Loan and Security Agreement (Augmedix, Inc.)

Government Compliance. (a) Except as to the extent permitted by under Section 7.37.3 hereof, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation organization and maintain qualification in each jurisdiction in which the failure to so qualify would could reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Change. Borrower shall comply, and have each Subsidiary comply, Comply with all laws, ordinances and regulations to which it Borrower or any of its Subsidiaries is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s businessMaterial Adverse Change.

Appears in 1 contract

Samples: Loan and Security Agreement (Viracta Therapeutics, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries' legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would could reasonably be expected to have a material adverse effect on Borrower’s 's business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s 's business.

Appears in 1 contract

Samples: Loan and Security Agreement (Tranzyme Inc)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations Requirements of Law to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Benefitfocus,Inc.)

Government Compliance. (a) Except as permitted by under Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (NMS Communications Corp)

Government Compliance. (a) Except Maintain its and (except as permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which except where the failure to do so qualify would not reasonably be expected to have a material adverse effect on Borrower’s and its Subsidiaries’ business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have operations taken as a material adverse effect on Borrower’s businesswhole.

Appears in 1 contract

Samples: Loan and Security Agreement (Novelion Therapeutics Inc.)

Government Compliance. (a) Except Maintain its and (except as otherwise permitted by Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Vericel Corp)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its Maintain their and all its their Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Hipcricket, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall -7- comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Everyday Health, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation organization and maintain qualification in each jurisdiction in which the failure to so qualify would could reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower and Guarantor shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Zalicus Inc.)

Government Compliance. (a) Except Maintain its and (except as permitted by under Section 7.3, maintain its and ) all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Rocket Lab USA, Inc.)

Government Compliance. (a) Except as permitted by Section Sections 7.2 and 7.3, maintain its their and all its their Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have result in a material adverse effect on Borrower’s business or operationsMaterial Adverse Effect. Borrower The Co-Borrowers shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have reasonably result in a material adverse effect on Borrower’s businessMaterial Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Osprey Technology Acquisition Corp.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation organization and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Delcath Systems Inc)

Government Compliance. (a) Except as otherwise permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Plug Power Inc)

Government Compliance. (a) Except as permitted by Section 7.1 or Section 7.3, maintain its their and all its their Subsidiaries’ legal existence and good standing (to the extent such concept is applicable) in their respective jurisdictions of formation and maintain their respective qualification in each jurisdiction (to the extent such concept is applicable) in which the failure to so qualify would reasonably be expected to have a material adverse effect on a Co-Borrower’s business or operations. Each Co-Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Savara Inc)

Government Compliance. (a) Except as permitted by in Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing (if applicable) in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Jive Software, Inc.)

Government Compliance. (aA) Except as permitted by Section 7.3, maintain Maintain its and all of its Subsidiaries’ legal existence (except as permitted under Section 6.3 with respect to Subsidiaries only) and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Atlas Crest Investment Corp.)

Government Compliance. (a) Except as permitted by Subject to Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Saba Software Inc)

Government Compliance. (a) Except Maintain their and (except as permitted by under Section 7.3, maintain its and ) all its of their Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on a Co-Borrower’s business or operations. Each Co-Borrower shall comply, and have each Subsidiary comply, in all material respects, with all material laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Leaf Group Ltd.)

Government Compliance. (a) Except as permitted by Subject to Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrowersuch Obligor’s business or operations. Borrower Each Obligor shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the 238310488 v3 noncompliance with which could reasonably be expected to have a material adverse effect on Borrowersuch Obligor’s business.

Appears in 1 contract

Samples: Loan Agreement (Luna Innovations Inc)

Government Compliance. (a) Except as for mergers permitted by Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall complycomply in all material respects, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Codex DNA, Inc.)

Government Compliance. (a) Except as Maintain its and, except in a transaction permitted by under Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Active Power Inc)

Government Compliance. (a) Except Maintain its and, except as permitted by provided in Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (ARCA Biopharma, Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all of its Subsidiaries’ legal existence (except as permitted under Section 6.2 or 6.3 with respect to Subsidiaries only) and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all material laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Chimerix Inc)

Government Compliance. (a) Except as to the extent permitted by in Section 7.37.3 hereof, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Datawatch Corp)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries' legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s 's business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s 's business.

Appears in 1 contract

Samples: Loan and Security Agreement (Metabasis Therapeutics Inc)

Government Compliance. (a) Except as is permitted by under Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (U S Wireless Data Inc)

Government Compliance. (a) Except as permitted by under Section 7.3, maintain its and all its Subsidiaries' legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s 's business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s 's business.

Appears in 1 contract

Samples: Loan and Security Agreement (NMS Communications Corp)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which except where the failure to do so could not reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (HTG Molecular Diagnostics, Inc)

Government Compliance. (a) Except as permitted by set forth in Section 7.37.3 below with respect to mergers or consolidations of Subsidiaries, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Government Compliance. (a) Except as permitted by Section 7.37.2, maintain its and all its Subsidiaries’ their legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Effect. Borrower Borrowers shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is they are subject, the noncompliance with which could have a material adverse effect on Borrower’s businessMaterial Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Capital Growth Systems Inc /Fl/)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ (other than the UK Subsidiary) legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would could reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all lawsLaws, ordinances and regulations to which it is subject, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Celldex Therapeutics, Inc.)

Government Compliance. (a) Except as permitted by under Section 7.37.2, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Sophiris Bio Inc.)

Government Compliance. (a) Except as permitted by Section 7.3, maintain Maintain its and all its Subsidiaries’ legal existence (except as permitted by Section 7.3) and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluearc Corp)

Government Compliance. (a) Except as permitted by Section 7.3, maintain its their and all its their Domestic Subsidiaries’ legal existence and good standing (as required in relevant jurisdiction) in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on a Co-Borrower’s business or operations. Each Co-Borrower shall comply, and have each Subsidiary comply, in all material respects, with all material laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Verona Pharma PLC)

Government Compliance. (a) Except as permitted by in Section 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operations. Borrower shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Fusion-Io, Inc.)

Government Compliance. (a) Except as permitted by Section 7.37.2, maintain its and all its Subsidiaries’ their legal existence and good standing in their respective jurisdictions of formation and maintain qualification in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s business or operationsMaterial Adverse Change. Borrower Borrowers shall comply, and have each Subsidiary comply, with all laws, ordinances and regulations to which it is they are subject, the noncompliance with which could have a material adverse effect on Borrower’s businessMaterial Adverse Change.

Appears in 1 contract

Samples: Possession Loan and Security Agreement

Government Compliance. (a) Except as permitted by Section Sections 7.1 and 7.3, maintain its and all its Subsidiaries’ legal existence and good standing in their respective jurisdictions of formation and maintain qualification to do business in each jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s the business or operationsoperations of the Credit Parties. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all material laws, ordinances and regulations to which it is subject, noncompliance with which could have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Loan and Security Agreement (Intersections Inc)

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