Common use of Maintenance of Existence; Compliance with Laws, etc Clause in Contracts

Maintenance of Existence; Compliance with Laws, etc. Each of Holdings and each Borrower will: (a) preserve and maintain (i) its legal existence and (ii) its qualification as a foreign corporation in each jurisdiction where the nature of its business or the location of its assets requires it to be so qualified, except to the extent the failure to be so qualified would not result in a Material Adverse Effect; (b) cause each of its Subsidiaries to, except as otherwise permitted by Section 7.2.10, preserve and maintain its legal existence and qualification as a foreign entity in each jurisdiction where the nature of the business or the location of its assets requires it to be so qualified, except to the extent the failure to be so qualified would not result in a Material Adverse Effect; and (c) comply with all applicable laws, rules, regulations and orders, including the payment (before the same become delinquent) of all taxes, assessments and governmental charges imposed upon Holdings, such Borrower or any of their respective Subsidiaries or upon their property except (i) to the extent being diligently contested in good faith by appropriate proceedings and for which adequate reserves in accordance with GAAP have been set aside on the books of Holdings, such Borrower or any such Subsidiary, as applicable, or (ii) to the extent such non-compliance or non-payment could not reasonably be expected to have a Material Adverse Effect.

Maintenance of Existence; Compliance with Laws, etc. Each of Holdings HoldingsEach Obligor will, and each Borrower will: (a) preserve and maintain (i) its legal existence and (ii) its qualification as a foreign corporation in each jurisdiction where the nature of its business or the location of its assets requires it to be so qualified, except to the extent the failure to be so qualified would not result in a Material Adverse Effect; (b) will cause each of its Subsidiaries to, : (a) except as otherwise permitted by Section 7.2.1010.7, preserve and maintain its legal existence existence; (b) comply with the requirements of all applicable laws, rules and qualification regulations (including, without limitation, all Environmental Laws, ERISA, the Occupational Safety Health Act, the Fair Labor Standards Act, the Patriot Act, the Trading with the Enemy Act, the Foreign Assets Control Regulations and the Executive Order, each as a foreign entity in each jurisdiction where the nature of the business amended, and any rules or the location of its assets requires it to be so qualifiedregulations promulgated thereunder), except to the extent the where such failure to comply could not, individually or in the aggregate, reasonably be so qualified would not expected to result in a Material Adverse Effect; and (c) comply with all applicable laws, rules, regulations and orders, including the payment pay (before the same become delinquent) of ), all taxesfederal, state and other material Taxes and assessments and governmental charges imposed upon Holdings, such Borrower or any of their respective Subsidiaries it or upon their its property except (i) to the extent being diligently contested in good faith by appropriate proceedings and for which adequate reserves in accordance with GAAP have been set aside on the books of Holdingssuch Person.; and (d) in the case of PAMT, such Borrower or any such Subsidiarycomply in all material respects with all applicable statutes and regulations of, and all applicable restrictions imposed by, the Securities and Exchange Commission, including, without limitation, the filing of all documents required pursuant to the Securities Exchange Act of 1934, as applicable, or (ii) to the extent such non-compliance or non-payment could not reasonably be expected to have a Material Adverse Effectamended.

Maintenance of Existence; Compliance with Laws, etc. Each of Holdings and each the Borrower will: (a) preserve and maintain (i) its legal existence and (ii) its qualification as a foreign corporation in each jurisdiction where the nature of its business or the location of its assets requires it to be so qualified, except to the extent the failure to be so qualified would not result in a Material Adverse Effect; (b) cause each of its Subsidiaries to, except as otherwise permitted by Section 7.2.10, preserve and maintain its legal existence and qualification as a foreign entity in each jurisdiction where the nature of the business or the location of its assets requires it to be so qualified, except to the extent the failure to be so qualified would not result in a Material Adverse Effect; and (c) comply with all applicable laws, rules, regulations and orders, including the payment (before the same become delinquent) of all taxes, assessments and governmental charges imposed upon Holdings, such the Borrower or any of their respective Subsidiaries or upon their property except (i) to the extent being diligently contested in good faith by appropriate proceedings and for which adequate reserves in accordance with GAAP have been set aside on the books of Holdings, such the Borrower or any such Subsidiary, as applicable, or (ii) to the extent such non-compliance or non-payment could not reasonably be expected to have a Material Adverse Effect.