No Breach of Orders, Licences or Statutes. Neither the Borrower nor any Material Subsidiary is in breach of: (i) any order, approval or mandatory requirement or directive of any Administrative Body; (ii) any governmental licence or permit; or (iii) any applicable Law, the breach of which could reasonably be expected to have a Material Adverse Effect.
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Samples: Credit Agreement (Protective Products of America, Inc.), Credit Agreement (Protective Products of America, Inc.)
No Breach of Orders, Licences or Statutes. Neither the Borrower nor any Material Subsidiary is in breach of:
(i) any order, approval or mandatory requirement or directive of any Administrative Body;
(ii) any governmental licence or permit; or
(iii) any applicable Law, the breach of which could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Protective Products of America, Inc.)
No Breach of Orders, Licences or Statutes. Neither the Borrower nor any Material Subsidiary the Guarantor is in breach of:
(i) any order, approval or mandatory requirement or directive of any Administrative Bodyadministrative body;
(ii) any governmental licence or permit; or
(iii) any applicable Lawlaw, the breach of which could would result, or would reasonably be expected to have result, in a Material Adverse EffectChange.
Appears in 1 contract
