Common use of Maintenance of Legal Validity Clause in Contracts

Maintenance of Legal Validity. Each Obligor 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 of its jurisdiction of incorporation to enable it lawfully to enter into and perform its obligations under the Finance Documents to which it is a party and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction of incorporation of the Finance Documents to which it is a party.

Appears in 5 contracts

Samples: Confidentiality Agreement (Ace LTD), Original Agreement (Ace LTD), Charge Agreement (Ace LTD)

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Maintenance of Legal Validity. Each Obligor shall, and shall obtain, ensure that each member of the Group shall comply with the terms of and do all that is necessary to maintain in full force and effect in all authorisations, approvals, licences and consents material respects all Authorisations required in or by the laws of its jurisdiction of incorporation Relevant Jurisdiction to enable it lawfully to conduct its business and (to the extent applicable) enter into and perform its obligations under the Finance Documents to which it is a party in all material respects and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction Relevant Jurisdiction of incorporation of the such Finance Documents to which it is a partyDocuments.

Appears in 3 contracts

Samples: Agreement (Freeseas Inc.), Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)

Maintenance of Legal Validity. Each Obligor 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 of its jurisdiction of incorporation to enable it lawfully to enter into and perform its obligations under the Finance Documents to which it is a party and the Offer Document and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction of incorporation of the Finance Documents to which it is a partyand the Offer Document.

Appears in 1 contract

Samples: Randstad North America, L.P.

Maintenance of Legal Validity. Each Obligor of the Obligors 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 to enable it lawfully to enter into and perform its obligations under the Finance Documents to which it is a party this Agreement and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction of incorporation of the Finance Documents to which it is a partythis Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (Arco Chemical Co)

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Maintenance of Legal Validity. Each Obligor shall will obtain, and will comply with the terms of and do all that is necessary to maintain in full force and effect effect, all authorisations, approvals, licences and consents required in or by the laws of its jurisdiction of incorporation to enable it lawfully to enter into and perform its obligations under the Finance Documents to which it is a party and to ensure (subject in any case to the matters referred to in Clause 14.4.1 to 14.4.7 (inclusive) (Legal validity)) the legality, validity, enforceability validity or admissibility in evidence in its jurisdiction the relevant jurisdictions of incorporation each of the Finance Documents to which it is a partyDocuments.

Appears in 1 contract

Samples: Shurgard Storage Centers Inc

Maintenance of Legal Validity. Each Obligor 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 of its jurisdiction of incorporation to enable it lawfully to enter into and perform its obligations under the Finance Documents to which it is a party and the Transaction Documents and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction of incorporation of the Finance Documents to which it is a partyand the Transaction Documents.

Appears in 1 contract

Samples: Participation Agreement (Getronics N V)

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