Common use of Governmental Approvals and Licenses; Compliance with Law Clause in Contracts

Governmental Approvals and Licenses; Compliance with Law. The Company will, and will cause each Restricted Subsidiary to, (i) obtain and maintain in full force and effect all governmental approvals, authorizations, consents, permits, concessions and licenses as are necessary to engage in the Permitted Businesses, (ii) preserve and maintain good and valid title to its properties and assets (including land use rights) free and clear of any Liens other than Permitted Liens and (iii) comply with all laws, regulations, orders, judgments and decrees of any governmental body, except to the extent that failure to so obtain, maintain, preserve and comply would not reasonably be expected to have a material adverse effect on (A) the business, results of operations or prospects of the Company and its Restricted Subsidiaries taken as a whole or (B)

Appears in 3 contracts

Samples: Indenture, Indenture, Indenture

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Governmental Approvals and Licenses; Compliance with Law. The Company will, and will cause each Restricted Subsidiary to, (ia) obtain and maintain in full force and effect all governmental approvals, authorizations, consents, permits, concessions and licenses as are necessary to engage in the Permitted BusinessesBusiness, (iib) preserve and maintain good and valid title to its properties and assets (including land land-use rights) free and clear of any Liens other than Permitted Liens and (iiic) comply with all laws, regulations, orders, judgments and decrees of any governmental body, except to the extent that failure so to so obtain, maintain, maintain and preserve and comply would not reasonably be expected to have a material adverse effect on (Ai) the business, results of operations or prospects of the Company and its Restricted Subsidiaries taken as a whole or (B)ii) the ability of the Company or any Subsidiary Guarantor to perform its obligations under the Notes, the relevant Subsidiary Guarantee or this Indenture.

Appears in 1 contract

Samples: Indenture (LDK Solar Co., Ltd.)

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