Common use of Observance of Laws and Regulations Clause in Contracts

Observance of Laws and Regulations. The City shall well and truly keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of America, or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any and every right, privilege or franchise now owned or hereafter acquired by the City, including its right to exist and carry on business as a political subdivision, to the end that such rights, privileges and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired.

Appears in 3 contracts

Samples: Third Trust Agreement, Third Trust Agreement, Second Trust Agreement

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Observance of Laws and Regulations. The City shall and the Authority will well and truly keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it them by contract, or prescribed by any law of the United States of AmericaStates, or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any and every right, privilege or franchise now owned or hereafter acquired by the CityCity or the Authority, respectively, including its right to exist and carry on business as a political subdivisionpublic entity, to the end that such rights, privileges and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: Trust Agreement

Observance of Laws and Regulations. The City shall Town and the Authority will well and truly keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it them by contract, or prescribed by any law of the United States of AmericaStates, or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any and every right, privilege or franchise now owned or hereafter acquired by the CityTown or the Authority, respectively, including its right to exist and carry on business as a political subdivisionpublic entity, to the end that such rights, privileges and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: Trust Agreement

Observance of Laws and Regulations. The City shall will well and truly keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of AmericaStates, or of the State, State or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any and every right, privilege or franchise now owned or hereafter acquired by the City, including its right to exist and carry on business as a political subdivision, city to the end that such rights, privileges and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: Lease Agreement

Observance of Laws and Regulations. The City shall will well and truly keep, observe and perform or cause to be kept, observed and performed all valid and lawful obligations or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of AmericaStates, or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any and every right, privilege or franchise now owned or hereafter acquired and enjoyed by the City, including its the City’s right to exist and carry on business as a political subdivisionmunicipal corporation, to the end that such rights, privileges and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: Lease Agreement

Observance of Laws and Regulations. The City shall will well and truly keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of America, or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any and every right, privilege or franchise now owned or hereafter acquired by the City, including its right to exist and carry on business as a political subdivision, to the end that such rights, privileges and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: Trust Agreement

Observance of Laws and Regulations. The City shall well and truly keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of America, or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the the‌ continued enjoyment of any and every right, privilege or franchise now owned or hereafter acquired by the City, including its right to exist and carry on business as a political subdivision, to the end that such rights, privileges and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: Second Trust Agreement

Observance of Laws and Regulations. The City shall will well and truly keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of AmericaStates, or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any and every right, privilege or franchise now owned or hereafter acquired by the City, including its right to exist and carry on business as a political subdivisionmunicipal corporation, to the end that such rights, privileges and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: Trust Agreement

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Observance of Laws and Regulations. The Each of the Authority and the City shall well and truly faithfully comply with, keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of America, America or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any each and every rightfranchise, right or privilege or franchise now owned or hereafter acquired by the Cityit, including its right to exist and carry on business as a political subdivisionits businesses, to the end that such rightsfranchises, rights and privileges and franchises shall be maintained and preserved, preserved and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: Indenture

Observance of Laws and Regulations. The City shall will well and truly keep, observe and perform all valid and lawful obligations or orders or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of America, America or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any and every right, privilege privilege, license or franchise now owned or hereafter acquired by the City, including its right to exist and carry on business as a political subdivisionbusiness, to the end that such rights, privileges privileges, licenses and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired; provided, however, that the City shall not be required to comply with any such orders so long as the validity or application thereof shall be contested in good faith.

Appears in 1 contract

Samples: legistarweb-production.s3.amazonaws.com

Observance of Laws and Regulations. The City Town shall well and truly keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of America, or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any and every right, privilege or franchise now owned or hereafter acquired by the CityTown, including its right to exist and carry on business as a political subdivisionsubdivis io n, to the end that such rights, privileges and franchises shall be maintained and preserved, and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: Third Trust Agreement

Observance of Laws and Regulations. The City shall well and truly will faithfully comply with, keep, observe and perform all valid and lawful obligations or regulations now or hereafter imposed on it by contract, or prescribed by any law of the United States of America, America or of the State, or by any officer, board or commission having jurisdiction or control, as a condition of the continued enjoyment of any each and every rightfranchise, right or privilege or franchise now owned or hereafter acquired by the Cityit, including its right to exist and carry on business as a political subdivisionits respective businesses, to the end that such rightsfranchises, rights and privileges and franchises shall be maintained and preserved, preserved and shall not become abandoned, forfeited or in any manner impaired.

Appears in 1 contract

Samples: www.cityofplacerville.org

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