Common use of Insurance and Legal Requirements Clause in Contracts

Insurance and Legal Requirements. Subject to Section 1.8 (relating to permitted contests), the Trustor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises or any part thereof or any use or condition of the Trust Premises or any part thereof (collectively, the "Insurance Requirements"); and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises or any part thereof.

Appears in 3 contracts

Samples: Current Assets Secured Parties Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc), Fixed Assets Secured Parties Deed of Trust (Sterling Chemical Inc), Deed of Trust (Sterling Chemical Inc)

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Insurance and Legal Requirements. Subject to Section 1.8 (relating to permitted contests), the TrustorMortgagor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises Collateral or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises Collateral or any part thereof or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Insurance Requirements"); and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Collateral or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Collateral or any part thereof.

Appears in 3 contracts

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement (Sterling Chemical Inc), Mortgage, Assignment of Leases and Rents, Security Agreement (Sterling Chemical Inc), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc)

Insurance and Legal Requirements. Subject to Section SECTION 1.8 (relating to permitted contests), the TrustorMortgagor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises Collateral or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises Collateral or any part thereof or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Insurance RequirementsINSURANCE REQUIREMENTS"); and (b) all laws, including Environmental LawsEnvironmental, Health or Safety Requirements of Law, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Collateral or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Legal RequirementsLEGAL REQUIREMENTS"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Collateral or any part thereof.

Appears in 2 contracts

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Leiner Health Products Inc), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Leiner Health Products Inc)

Insurance and Legal Requirements. Subject to Section 1.8 (relating to permitted contests), the TrustorGrantor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises Collateral or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises Collateral or any part thereof or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Insurance Requirements"); and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Collateral or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Collateral or any part thereof.

Appears in 2 contracts

Samples: Leasehold Deed to Secure Debt, Assignment and Security Agreement (Sterling Chemical Inc), Leasehold Deed to Secure Debt, Assignment and Security Agreement (Sterling Chemical Inc)

Insurance and Legal Requirements. Subject to Section 1.8 2.07 (relating to permitted contests), the TrustorBorrower, at its expense, will comply in all material respectscomply, or cause compliance in all material respects with: (a) all provisions of any insurance policy covering or applicable to the Trust Premises Property or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters of the Pacific (or any other body exercising similar functions) applicable to or affecting the Trust Premises Property or any part thereof or any use or condition of the Trust Premises Property or any part thereof (collectively, the "Insurance Requirements"); , and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, permits, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements (including, without limitation, those relating to the protection of the environment) of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Property or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Property or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Property or any part thereofthereof and whether or not such compliance could be foreseen or is unforeseen. (c) Borrower, within five (5) business days of actual knowledge of same, shall give written notice to Lender of any violations or receipt by Borrower of written notice of violation of any material Insurance Requirements or Legal Requirements.

Appears in 1 contract

Samples: Deed of Trust (General Cannabis Corp)

Insurance and Legal Requirements. Subject to Section 1.8 (relating to permitted contests), the TrustorGrantor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises Collateral or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises Collateral or any part thereof or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Insurance Requirements"); and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Collateral or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises or any part thereof.;

Appears in 1 contract

Samples: Collateral Agreement (Sterling Chemical Inc)

Insurance and Legal Requirements. Subject to Section 1.8 2.07 hereof (relating to permitted contests), the TrustorMortgagor, at its expense, will comply in all material respectscomply, or cause compliance in all material respects with: (a) all provisions of any insurance policy covering or applicable to the Trust Premises Mortgaged Property or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to having jurisdiction over or affecting the Trust Premises Mortgaged Property or any part thereof or any use or condition of the Trust Premises Mortgaged Property or any part thereof (collectively, the "Insurance Requirements"); , and (b) all applicable laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, permits, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements (including, without limitation, those relating to the protection of the environment) of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Mortgaged Property or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, which are the responsibility or obligation of Mortgagor, or any use or condition of the Trust Premises Mortgaged Property or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Mortgaged Property or any part thereofthereof and whether or not such compliance could be foreseen or is unforeseen.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Assignment of Leases and Rents (TNP Strategic Retail Trust, Inc.)

Insurance and Legal Requirements. Subject to Section SECTION 1.8 (relating to permitted contests), the TrustorMortgagor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises Collateral or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises Collateral or any part thereof or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Insurance RequirementsINSURANCE REQUIREMENTS"); and (b) all laws, including Environmental LawsEnvironmental, Health or Safety Requirements of Law, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Collateral or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Legal RequirementsLEGAL REQUIREMENTS"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Collateral or any part thereof. The failure by Mortgagor to pay Impositions and the failure by Mortgagor to pay any insurance premium upon any insurance policy relating to the Collateral, or any part thereof, shall constitute waste, and shall entitle Mortgagee to exercise the remedies afforded by Section 600.2927 of the Michigan Revised Judicature Act of 1961, as now or hereafter amended, and by any other statute or law now or hereafter in effect, including the appointment of a receiver, to which appointment Mortgagor consents.

Appears in 1 contract

Samples: Mortgage (Leiner Health Products Inc)

Insurance and Legal Requirements. Subject to Section 1.8 -------------------------------- ----------- (relating to permitted contests), the TrustorGrantor, at its expense, will comply in all material respectscomply, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises Collateral or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises Collateral or any part thereof or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Insurance Requirements"); andand ---------------------- (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, property owners associations, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Collateral or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect ------------------ whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Collateral or any part thereof.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, Assignment of Rents and Leases, and Fixture Filing (Aristotle Corp)

Insurance and Legal Requirements. Subject to Section SECTION 1.8 (relating to permitted contests), the Trustor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises or any part thereof or any use or condition of the Trust Premises or any part thereof (collectively, the "Insurance RequirementsINSURANCE REQUIREMENTS"); and (b) all laws, including Environmental LawsEnvironmental, Health or Safety Requirements of Law, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises or any part thereof (collectively, the "Legal RequirementsLEGAL REQUIREMENTS"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises or any part thereof.

Appears in 1 contract

Samples: Leasehold Deed of Trust, Assignment of Leases and Rents (Leiner Health Products Inc)

Insurance and Legal Requirements. Subject to Section 1.8 -------------------------------- ----------- (relating to permitted contests), the TrustorMortgagor, at its expense, will comply in all material respectscomply, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises Collateral or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises Collateral or any part thereof or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Insurance Requirements"); andand ---------------------- (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, property owners associations, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Collateral or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect ------------------ whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Collateral or any part thereof.

Appears in 1 contract

Samples: Mortgage (Aristotle Corp)

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Insurance and Legal Requirements. Subject to Section 1.8 (relating to permitted contests), the Trustor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises or any part thereof or any use or condition of the Trust Premises or any part thereof (collectively, the "Insurance Requirements"); and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises or any part thereofEffect.

Appears in 1 contract

Samples: Deed of Trust (Sterling Chemicals Inc)

Insurance and Legal Requirements. Subject to Section 1.8 (relating to permitted contests), the TrustorMortgagor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises Collateral or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises Collateral or any part thereof or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Insurance Requirements"); and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Collateral or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect (as defined in the Credit Agreement) whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Collateral or any part thereof.

Appears in 1 contract

Samples: Second Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc)

Insurance and Legal Requirements. Subject to Section 1.8 (relating to permitted contests), the Trustor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises or any part thereof or any use or condition of the Trust Premises or any part thereof (collectively, the "Insurance Requirements"); and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect (as defined in the Credit Agreement) whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises or any part thereof.

Appears in 1 contract

Samples: Second Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc)

Insurance and Legal Requirements. Subject to Section 1.8 (relating to permitted contests), the Trustor, at its expense, will comply in all material respects, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises or any part thereof or any use or condition of the Trust Premises or any part thereof (collectively, the "Insurance Requirements"); and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises or any part thereofEffect.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc)

Insurance and Legal Requirements. Subject to Section 1.8 -------------------------------- ----------- (relating to permitted contests), the Trustor, at its expense, will comply in all material respectscomply, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Premises Collateral or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Premises Collateral or any part thereof or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Insurance Requirements"); andand ---------------------- (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, property owners associations, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, which now or at any time hereafter may be applicable to the Trust Premises Collateral or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Premises Collateral or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect ------------------ whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Premises Collateral or any part thereof.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, Assignment of Rents and Leases, and Fixture Filing (Aristotle Corp)

Insurance and Legal Requirements. Subject to Section 1.8 section 2.07 -------------------------------- (relating to permitted contests), the TrustorMortgagor, at its expense, will comply in all material respectscomply, or cause compliance in all material respects with (a) all provisions of any insurance policy covering or applicable to the Trust Mortgaged Premises or any part thereof, all requirements of the issuer of any such policy, and all orders, rules, regulations and other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) applicable to or affecting the Trust Mortgaged Premises or any part thereof or any use or condition of the Trust Mortgaged Premises or any part thereof (collectively, the "Insurance Requirements"); , and (b) all laws, including Environmental Laws, statutes, codes, acts, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, licenses, authorizations, directions and requirements of all governments, departments, commissions, boards, courts, authorities, agencies, officials and officers, foreseen or unforeseen, ordinary or extraordinary, and all instruments of record, which now or at any time hereafter may be applicable to the Trust Mortgaged Premises or any part thereof, or any of the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, or any use or condition of the Trust Mortgaged Premises or any part thereof (collectively, the "Legal Requirements"); noncompliance of which could reasonably be expected to cause a Material Adverse Effect whether or not compliance therewith shall require structural changes in or interference with the use and enjoyment of the Trust Mortgaged Premises or any part thereof.

Appears in 1 contract

Samples: Consolidation, Extension and Modification Agreement (Boston Properties Inc)

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