No Waste; No Violations of Laws Sample Clauses

No Waste; No Violations of Laws. Between the Effective Date of this Purchase Agreement and the Closing Date, Seller shall not commit any material waste, impairment, or deterioration of any portion of the Property (other than ordinary wear and tear) or commit any act upon or use of any portion of the Property in violation of any applicable law, order, permit, or license of any governmental authority, subject to damage and loss by casualty, eminent domain, force majeure, other matters outside Seller’s reasonable control, and third party exercises of rights authorized by matters of record and unrecorded agreements made prior to the Effective Date of this Purchase Agreement. Buyer’s obligations under this section shall survive Closing and the expiration or termination of this Purchase Agreement.
Sample 1
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Related to No Waste; No Violations of Laws

  • VIOLATIONS OF LAW (1) The Board shall immediately take all necessary steps to ensure that Bank management corrects each violation of law, rule or regulation cited in the XXX and in any subsequent Report of Examination. The quarterly progress reports required by Article II of this Agreement shall include the date and manner in which each correction has been effected during that reporting period.

  • COMPLIANCE WITH OTHER LAWS Secured Party may comply with any applicable state or federal law requirements in connection with a disposition of the Collateral and compliance will not be considered adversely to affect the commercial reasonableness of any sale of the Collateral.

  • Other Laws This chapter shall not be interpreted or applied to any contractor or to any employee in a manner inconsistent with the laws of the United States or California.

  • Observance of Laws Conform to and duly observe all laws, regulations and other valid requirements of any regulatory authority with respect to the conduct of its business.

  • PROVISIONS OF LAW ‌ It is understood and agreed that this Memorandum of Understanding is subject to all current and future applicable Federal, State and County laws; Federal and State regulations; the Charter of the County of Los Angeles, and any lawful rules and regulations enacted by County's Civil Service Commission, Employee Relations Commission, or similar independent commissions of the County. If any part or provision of this Memorandum of Understanding is in conflict or inconsistent with such applicable laws, rules or regulations, or is otherwise held to be invalid or unenforceable by any tribunal of competent jurisdiction, such part or provision shall be suspended and superseded by such applicable law, regulations, or rules, and the remainder of this Memorandum of Understanding shall not be affected thereby.

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