Common use of Licenses, Authorizations, Etc Clause in Contracts

Licenses, Authorizations, Etc. Keep in full force and effect, obtain and renew any license, authorization and approvals now or hereinafter required for them to comply with their obligations hereunder, and to comply with any applicable law, regulations and standards of any governmental body, the non-compliance of which could materially and adversely affect their capacity to meet their obligations hereunder. Also, to immediately pay any debts on taxes or contributions to the Mexican Institute of Social Security, the Retirement Savings System and to the Mexican Institute of Housing Funding "INFONAVIT", except for such payments being contested in good faith through the proper proceedings and if the corresponding reserves or guarantees pursuant to the applicable laws have been made.

Appears in 4 contracts

Samples: Loan Agreement (Panamerican Beverages Inc), Loan Agreement (Panamerican Beverages Inc), Panamerican Beverages Inc

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