Common use of Maintenance of Legal Validity Clause in Contracts

Maintenance of Legal Validity. The Chargor shall obtain, comply with the terms of and do all that is necessary to maintain in full force and effect all authorisations, approvals, licences and consents required in or by the laws and regulations of England to enable it lawfully to enter into and perform its obligations under this Mortgage and to ensure the legality, validity, enforceability or admissibility in evidence of this Mortgage.

Appears in 5 contracts

Samples: Shareholders Agreement, Shareholders Agreement (Central European Distribution Corp), Share Mortgage (Constar International Inc)

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Maintenance of Legal Validity. The Chargor shall obtain, comply with the terms of and do all that is necessary to to: (a) maintain in full force and effect all authorisations, approvals, licences and consents required in or by the laws and regulations of England to enable it lawfully to enter into and perform its obligations under this Mortgage and to Debenture; and (b) ensure the legality, validity, enforceability or admissibility in evidence of this MortgageDebenture and that otherwise than permitted by the Security Trustee (acting in its absolute discretion) the Charged Assets remain subject to the laws and regulations of England.

Appears in 4 contracts

Samples: Debenture, Debenture (Constar International Inc), Debenture (Constar International Inc)

Maintenance of Legal Validity. The Chargor shall obtain, comply with the terms of and do all that is necessary to maintain in full force and effect all authorisations, approvals, licences and consents required in or by the laws and regulations of its jurisdiction of incorporation and England and Wales to enable it lawfully to enter into and perform its obligations under this Mortgage Share Charge and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction of incorporation and England and Wales of this MortgageShare Charge.

Appears in 2 contracts

Samples: Share Charge (Futurelink Corp), Share Charge Agreement (Palm Inc)

Maintenance of Legal Validity. The Chargor shall obtain, comply with the terms of and do all that is necessary to maintain in full force and effect all authorisations, approvals, licences and consents required in or by the laws and regulations of England its jurisdiction of incorporation or organisation or Ireland to enable it lawfully to enter into and perform its obligations under this Mortgage Share Charge and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction of incorporation or organisation of Ireland of this MortgageShare Charge.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Remington Capital Corp)

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Maintenance of Legal Validity. The Chargor shall obtain, comply with the terms of and do all that is necessary to maintain in full force and effect all authorisations, approvals, licences and consents required in or by the laws and regulations of its jurisdiction of organisation or England and Wales to enable it lawfully to enter into and perform its obligations under this Mortgage Share Charge and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction of organisation and England of this MortgageShare Charge.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Remington Capital Corp)

Maintenance of Legal Validity. The Chargor shall obtain, comply with the terms of and do all that is necessary to maintain in full force and effect all authorisations, approvals, licences and consents required in or by the laws and regulations of England its jurisdiction of incorporation to enable it lawfully to enter into and perform its obligations under this Mortgage Share Charge and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction of incorporation and Ireland of this MortgageShare Charge.

Appears in 1 contract

Samples: Share Charge (Palm Inc)

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