Government Compliance. (a) 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. (b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any grant of a security interest to Bank. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 3 contracts
Samples: Loan and Security Agreement (Serve Robotics Inc. /DE/), Loan and Security Agreement (6d Bytes Inc.), Loan and Security Agreement (Direct Digital Holdings, Inc.)
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 3 contracts
Samples: Loan and Security Agreement (Zendesk, Inc.), Loan and Security Agreement (Zendesk, Inc.), Loan and Security Agreement (Everyday Health, Inc.)
Government Compliance. (a) 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, 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.
(b) Obtain Use commercially reasonable efforts to obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 3 contracts
Samples: Loan and Security Agreement (Ooma Inc), Mezzanine Loan and Security Agreement (Ooma Inc), Mezzanine Loan and Security Agreement (Ooma Inc)
Government Compliance. (a) Maintain Except as permitted under Section 7.3, 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Loan and Security Agreement (Eloqua, Inc.), Loan and Security Agreement (Eloqua, Inc.)
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to Bank for the ratable benefit of the Bank, in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Loan and Security Agreement (Advanced BioHealing Inc), Loan and Security Agreement (Advanced BioHealing Inc)
Government Compliance. (a) 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any grant of a security interest in the Collateral to Bank. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank upon Bank’s request.
Appears in 2 contracts
Samples: Loan and Security Agreement (SI-BONE, Inc.), Loan and Security Agreement (SI-BONE, Inc.)
Government Compliance. (a) 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 subjectsubject noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Subordinated Loan and Security Agreement (Roku, Inc), Subordinated Loan and Security Agreement (Roku, Inc)
Government Compliance. (a) 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx Borrower and each of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any grant of a security interest to Bank. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Loan and Security Agreement (Beamr Imaging Ltd.), Loan and Security Agreement (Innovid Corp.)
Government Compliance. (a) 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, the noncompliance with which would reasonably be expected to have a material adverse effect on Borrower’s business, taken as a whole.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly notify Bank of any such Governmental Approvals obtained by Borrower and, upon request of Bank, provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Loan and Security Agreement (Global Telecom & Technology, Inc.), Loan and Security Agreement (Global Telecom & Technology, Inc.)
Government Compliance. (a) Maintain Other than specifically permitted hereunder, 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 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, in all material respects, Comply with all laws, ordinances and regulations regulations, including all Healthcare Laws, to which it Borrower or any of its Subsidiaries is subject, the noncompliance with which could reasonably be expected to have a Material Adverse Change.
(b) Obtain and keep in full force and effect, all of the material Governmental Approvals necessary for the performance by Xxxxxxxx Borrower and each of its Subsidiaries of their respective businesses and obligations under the Loan Documents to which it is a party, including any and the grant of a security interest to Bank. Borrower shall promptly provide copies Collateral Agent for the ratable benefit of any such obtained Governmental Approvals to Bankthe Secured Parties, in all of the Collateral.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ardelyx, Inc.), Loan and Security Agreement (Arcutis Biotherapeutics, Inc.)
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankAgent, for the ratable benefit of the Lenders, in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankAgent.
Appears in 2 contracts
Samples: Loan and Security Agreement (Chimerix Inc), Loan and Security Agreement (Chimerix Inc)
Government Compliance. (a) 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 a Borrower’s business or operations. Each 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 would reasonably be expected to have a material adverse effect on such Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrowers of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to Bank. Borrower shall promptly provide copies Bank in all of any such obtained Governmental Approvals to Bankits property.
Appears in 2 contracts
Samples: Loan and Security Agreement (GOOD TECHNOLOGY Corp), Loan and Security Agreement (GOOD TECHNOLOGY Corp)
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Loan and Security Agreement (Beyond Meat, Inc.), Loan and Security Agreement (Cti Biopharma Corp)
Government Compliance. (a) 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.
(b) Comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject.
(bc) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx Borrower and each of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any grant of a security interest to Bank. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Loan and Security Agreement (Spartan Acquisition Corp. II), Loan Agreement (Sunlight Financial Holdings Inc.)
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to Bank in all of its property. Upon Bank. ’s request, Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Loan and Security Agreement (Evoke Pharma Inc), Loan and Security Agreement (Evoke Pharma Inc)
Government Compliance. (a) 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 any Borrower’s business or operations. Each 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 would reasonably be expected to have a material adverse effect on any Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to Bank. Borrower shall promptly provide copies Bank in all of any such obtained Governmental Approvals to Bankits property.
Appears in 2 contracts
Samples: Loan and Security Agreement (GOOD TECHNOLOGY Corp), Loan and Security Agreement (GOOD TECHNOLOGY Corp)
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankLender in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankLender.
Appears in 2 contracts
Samples: Loan and Security Agreement (Cerus Corp), Loan and Security Agreement (Energy Recovery, Inc.)
Government Compliance. (a) 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, 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Loan and Security Agreement (Medallia, Inc.), Loan and Security Agreement (Medallia, Inc.)
Government Compliance. (a) 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; provided any Subsidiary may merge with and into Borrower or any other Subsidiary. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 2 contracts
Samples: Loan and Security Agreement (Treace Medical Concepts, Inc.), Loan and Security Agreement (Treace Medical Concepts, Inc.)
Government Compliance. (a) Maintain its and (except as permitted by Section 7.3) 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; and
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Aegerion Pharmaceuticals, Inc.)
Government Compliance. (a) 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, except that Practices may be dissolved in connection with the Practice Reorganization. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Oaktree Acquisition Corp.)
Government Compliance. (a) 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 other jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on Borrower’s the Credit Parties’ business or operations, taken as a whole. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject, to the extent, noncompliance with which could reasonably be expected to result in a Material Adverse Change.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Millennial Media Inc.)
Government Compliance. (a) Maintain its Except for the Anticipated Liquidations, maintain Borrower’s 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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, where the failure to so comply could reasonably be expected to have a material adverse effect on Borrower’s business or operations.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankAgent, for the ratable benefit of the Lenders, in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankAgent.
Appears in 1 contract
Samples: Mezzanine Loan and Security Agreement (Velo3D, Inc.)
Government Compliance. (a) 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx Borrower and each of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any grant of a security interest to Bank. Borrower shall promptly provide copies of any such obtained material Governmental Approvals obtained to Bank.
Appears in 1 contract
Government Compliance. (a) 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain Use commercially reasonable efforts to obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankAgent for the ratable benefit of the Lenders, in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankAgent.
Appears in 1 contract
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Dot Hill Systems Corp)
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankCollateral Agent for the ratable benefit of the Lenders, in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankCollateral Agent.
Appears in 1 contract
Samples: Loan and Security Agreement (Ardea Biosciences, Inc./De)
Government Compliance. (a) Maintain its and (except as otherwise permitted by Section 7.3) 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 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, in all material respects, 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 Change.
(b) Obtain and keep in full force and effect, all of the material Governmental Approvals necessary for the performance by Xxxxxxxx Borrower and each of its Subsidiaries of their respective businesses and obligations under the Loan Documents to which it is a party, including any and the grant of a security interest to Bank. Borrower shall promptly provide copies Collateral Agent for the ratable benefit of any such obtained Governmental Approvals to Bankthe Secured Parties, in all of the Collateral.
Appears in 1 contract
Government Compliance. (a) Maintain its and all of its Subsidiaries’ legal existence (except as permitted under Section 6.3 with respect to Subsidiaries only) and good standing status 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, the noncompliance with which would reasonably be expected to have a material adverse effect on Borrower’s business, taken as a whole.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly notify Bank of any such Governmental Approvals obtained by Borrower and, upon request of Bank, provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Global Telecom & Technology, Inc.)
Government Compliance. (a) Maintain its and all of its Subsidiaries’ (other than the Inactive 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Mercury Computer Systems Inc)
Government Compliance. (a) 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 '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, the noncompliance with which could have a material adverse effect on Borrower's business.
(b) Obtain Use commercially reasonably efforts to obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankAgent for the ratable benefit of the Lenders, in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankAgent.
Appears in 1 contract
Samples: Loan and Security Agreement (Healthcare Acquisition Corp)
Government Compliance. (a) Maintain its their and all of its their Subsidiaries’ legal existence (except as permitted under Section 6.3 with respect to Subsidiaries only) 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, 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 a Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each of its Subsidiaries Borrowers of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower Borrowers shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Intellicheck Mobilisa, Inc.)
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankAgent, for the ratable benefit of Lenders, in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankAgent.
Appears in 1 contract
Samples: Subordinated Loan and Security Agreement (Everyday Health, Inc.)
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to Bank. Borrower shall promptly provide copies Bank in all of any such obtained Governmental Approvals to Bankthe Collateral.
Appears in 1 contract
Government Compliance. (a) Maintain its and (except as permitted by Section 7.3) 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; and
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankQLT in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankQLT.
Appears in 1 contract
Samples: Loan and Security Agreement (Aegerion Pharmaceuticals, Inc.)
Government Compliance. (a) Maintain its and all of its Subsidiaries’ each Secured Guarantor’s 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, Secured Guarantor 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Interpace Biosciences, Inc.)
Government Compliance. (a) Maintain its their and all of its Subsidiaries’ legal existence (except as permitted under Section 6.3 with respect to Subsidiaries only7.3) all 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each of its Subsidiaries Co-Borrowers of their obligations under the Loan Documents to which it is they are a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower Co-Borrowers shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) Maintain its and (except as permitted by Section 7.3) 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 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, in all material respects, with all material, applicable laws, ordinances and regulations to which it is subject., except to the extent which failure to comply therewith would not reasonably be expected to have a Material Adverse Effect; and
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankLender in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankLender.
Appears in 1 contract
Government Compliance. (a) Maintain Except as permitted by Section 7.3, 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.
(b) Obtain Use commercially reasonable efforts to obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) Maintain its and all of its Subsidiaries’ legal existence (except Except as permitted under Section 6.3 with respect to Subsidiaries only) 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, 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (NMS Communications Corp)
Government Compliance. (a) Maintain Other than specifically permitted hereunder, 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 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, in all material respects, Comply with all laws, ordinances and regulations regulations, including all Healthcare Laws, to which it Borrower or any of its Subsidiaries is subject, the noncompliance with which could reasonably be expected to have a Material Adverse Change.
(b) Obtain and keep in full force and effect, all of the material Governmental Approvals necessary for the performance by Xxxxxxxx and each of its Subsidiaries of their respective businesses and obligations under the Loan Documents to which it is a party, including any and the grant of a security interest to Bank. Borrower shall promptly provide copies Collateral Agent for the ratable benefit of any such obtained Governmental Approvals to Bankthe Secured Parties, in all of the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Spectrum Pharmaceuticals Inc)
Government Compliance. (a) Maintain Except as permitted under Section 7.3, 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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, where the failure to so comply could reasonably be expected to have a material adverse effect on Borrower’s business or operations.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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 would reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to Bank. Borrower shall promptly provide copies Bank in all of any such obtained Governmental Approvals to Bankits property.
Appears in 1 contract
Government Compliance. (a) 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 a Borrower’s business or operationsoperations taken as a whole. Each 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 taken as a whole.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each such Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower Borrowers shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Internet Brands, Inc.)
Government Compliance. (a) Maintain its and (except as otherwise permitted by Section 7.3) 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 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, in all material respects, 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 Change.
(b) Obtain and keep in full force and effect, all of the material Governmental Approvals necessary for the performance by Xxxxxxxx Borrower and each of its Subsidiaries of their respective businesses and obligations under the Loan Documents to which it is a party, including any and the grant of a security interest to Bank. Borrower shall promptly provide copies Collateral Agent for the ratable benefit of any such obtained Governmental Approvals to Bankthe Lenders, in all of the Collateral.
Appears in 1 contract
Government Compliance. (a) 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, where the failure to so comply would reasonably be expected to have a material adverse effect on Borrower’s business or operations.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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. Notwithstanding the foregoing, Borrower may dissolve Omeros London Limited at any time. Borrower shall comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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 subjectsubject the non-compliance with which would reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) Maintain its and and, except in a transaction permitted under Section 7.3, 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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 '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, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower's business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankLender in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankLender.
Appears in 1 contract
Samples: Loan and Security Agreement (Metabasis Therapeutics Inc)
Government Compliance. (a) 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. EXECUTION VERSION
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankLender in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankLender.
Appears in 1 contract
Government Compliance. (a) 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.
(b) Comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject.
(bc) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and Borxxxxx xxd each of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any grant of a security interest to Bank. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Sunlight Financial Holdings Inc.)
Government Compliance. (a) 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.
(b) Obtain If applicable, obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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, the noncompliance with which could have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower shall shall, upon request from the Bank, promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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.
(b) Comply, and have each Subsidiary comply, in all material respects, with all laws, ordinances and regulations to which it is subject.
(bc) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx Bxxxxxxx and each of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any grant of a security interest to Bank. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Sunlight Financial Holdings Inc.)
Government Compliance. (a) 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, except where the failure to do so could not reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (HTG Molecular Diagnostics, Inc)
Government Compliance. (a) Maintain Subject to Section 7.3, 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 Borrowersuch Obligor’s business or operations. Borrower Each Obligor shall comply, and have each Subsidiary comply, in all material respects, 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 such Obligor’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Obligor of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of the Collateral (if any). Borrower Upon request, Obligors shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) 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.
(b) Obtain If applicable, obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankCollateral Agent, for the ratable benefit of the Lenders, in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankCollateral Agent.
Appears in 1 contract
Government Compliance. (a) 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 reasonably be expected to cause a Material Adverse Change.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to Bank in all of its property. At Bank. ’s request, Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
Appears in 1 contract
Government Compliance. (a) Maintain Except as permitted by Section 7.3, 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 reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
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Government Compliance. (aA) 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.
(bB) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx Borrower and each of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any grant of a security interest to BankAgent, for the benefit of Lenders. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankAgent.
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Samples: Loan and Security Agreement (Atlas Crest Investment Corp.)
Government Compliance. (a) Maintain Except as permitted in Section 7.3, 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
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Government Compliance. (a) 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 Borrowers’ business or operations. Each 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 Borrowers’ business.
(b) Obtain Use commercially reasonable efforts to obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to Bankthe Agent in all of its property. Borrower Borrowers shall promptly provide copies of any such obtained Governmental Approvals to Bankthe Agent.
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Samples: Loan and Security Agreement (EnergyConnect Group Inc)
Government Compliance. (a) Maintain its and and, except as provided in Section 7.3, 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.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly upon request provide copies of any such obtained Governmental Approvals to Bank.
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Government Compliance. (a) 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, comply with all laws, ordinances and regulations to which it is subject, where the failure to so comply would reasonably be expected to have a material adverse effect on Borrower’s business or operations.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankBank in all of its property. Borrower shall promptly provide copies of any such obtained Governmental Approvals to Bank.
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Samples: Loan and Security Agreement (DiCE MOLECULES HOLDINGS, LLC)
Government Compliance. (a) 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, the noncompliance with which could reasonably be expected to have a material adverse effect on Borrower’s business.
(b) Obtain all of the Governmental Approvals necessary for the performance by Xxxxxxxx and each Borrower of its Subsidiaries of their obligations under the Loan Documents to which it is a party, including any party and the grant of a security interest to BankLender in all of the Collateral. Borrower shall promptly provide copies of any such obtained Governmental Approvals to BankLender.
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Samples: Loan and Security Agreement (Metabasis Therapeutics Inc)