Common use of Maintenance of Collateral; Compliance with Laws Clause in Contracts

Maintenance of Collateral; Compliance with Laws. (a) Such Grantor shall keep the Collateral provided by it in good order and repair and shall not use the same in violation of any law to the extent that such violation could reasonably be expected to have a Material Adverse Effect.

Appears in 7 contracts

Samples: Guarantee and Collateral Agreement (PNG Ventures Inc), Credit Agreement (Earth Biofuels Inc), Guarantee and Collateral Agreement (Earth Biofuels Inc)

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Maintenance of Collateral; Compliance with Laws. (a) Such Grantor shall keep the Collateral provided by it in good order and repair and shall not use the same Collateral in violation of any law to the extent that such violation could reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Guarantee and Collateral Agreement, Guarantee and Collateral Agreement, Guarantee and Collateral Agreement (AxoGen, Inc.)

Maintenance of Collateral; Compliance with Laws. (a) Such Grantor shall keep the Collateral provided by it in good order and repair and shall not use the same in violation of any law to the extent that such violation could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (CareView Communications Inc), Security Agreement (Avinger Inc), Security Agreement (Avinger Inc)

Maintenance of Collateral; Compliance with Laws. (a) Such Grantor shall keep the Collateral provided by it in good order and repair and shall not use the same in violation in any material respect of any law law, subject to Section 6.3 of the extent that such violation could reasonably be expected to have a Material Adverse EffectCredit Agreement.

Appears in 1 contract

Samples: Security Agreement (Durata Therapeutics, Inc.)

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Maintenance of Collateral; Compliance with Laws. (a) Such Grantor shall keep the Collateral provided by it in good order and repair and shall not use the same in violation of any law Requirement of Law to the extent that such violation could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Spanish Broadcasting System Inc)

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