No Violations of Law. Neither the Borrower nor any of its Subsidiaries is in material violation of any applicable Laws; neither the Borrower nor any of its Subsidiaries has failed to obtain any material license, permit, franchise or other governmental authorization necessary to the ownership of its properties or to the conduct of its business, and each of the Borrower and its Subsidiaries has conducted its business and operation in compliance in all material respects with all applicable Laws.
Appears in 4 contracts
Samples: Credit Agreement (Analex Corp), Credit Agreement (Analex Corp), Credit Agreement (Analex Corp)