Common use of Lawful Operations Clause in Contracts

Lawful Operations. The operations of each Borrower and each Subsidiary thereof are in compliance in all material respects with applicable requirements imposed by Law, including without limitation, occupational safety and health laws, and zoning ordinances, except to the extent any such noncompliance, when taken singly or with all other such noncompliance, has not resulted, and could not reasonably be expected to result in a Material Adverse Effect.

Appears in 6 contracts

Samples: Restructure Agreement (Peak Resorts Inc), Master Credit and Security Agreement (Peak Resorts Inc), Master Credit and Security Agreement (Peak Resorts Inc)

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Lawful Operations. The operations of each Borrower and each Subsidiary thereof are in compliance in all material respects with applicable requirements imposed by LawLaw (excluding Environmental Laws the compliance with which is addressed in Section 4.11 below), including without limitation, occupational safety and health laws, Laws and zoning ordinances, except to the extent any such noncompliance, when taken singly or with all other such noncompliance, has not resulted, and could not reasonably be expected to result result, in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Unova Inc)

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