Common use of Observance of Laws Clause in Contracts

Observance of Laws. Conduct the Borrower's business activities in an orderly, efficient and regular manner and comply with all requirements of all applicable state, federal and local laws, rules and regulations.

Appears in 3 contracts

Samples: Revolving Credit Line Agreement (Britesmile Inc), Revolving Credit Line Agreement (Sixth Business Service Group Inc), Credit Agreement (Cheap Tickets Inc)

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Observance of Laws. Conduct the Borrower's business activities of Borrower and the Subsidiaries in an orderly, efficient and regular manner and comply in compliance with all requirements of all applicable state, federal and local laws, rules and regulations.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Maui Land & Pineapple Co Inc), Credit and Term Loan Agreement (Maui Land & Pineapple Co Inc)

Observance of Laws. Conduct the Borrower's ’s business activities in an orderly, efficient and regular manner and comply with all requirements of all applicable state, federal and local laws, rules and regulations.

Appears in 2 contracts

Samples: Credit Agreement (Hoku Scientific Inc), Credit Agreement (Hoku Scientific Inc)

Observance of Laws. Conduct the Borrower's business activities in an orderly, efficient and regular manner and comply with all requirements of all applicable state, federal and local laws, rules and regulations.

Appears in 1 contract

Samples: Revolving Credit Line Agreement (Information Systems Associates, Inc.)

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Observance of Laws. Conduct the Borrower's ’s business activities in an orderly, efficient and regular manner and comply with all requirements of all applicable state, federal and local laws, rules and regulations.

Appears in 1 contract

Samples: Loan Agreement (Par Pacific Holdings, Inc.)

Observance of Laws. Conduct the Borrower's business activities in an orderly, efficient and regular manner and comply with all requirements of all applicable state, federal and local laws, rules and regulations, unless the failure to so comply will not have a material adverse effect on Borrower’s business.

Appears in 1 contract

Samples: Convertible Secured Revolving Credit Line Agreement (Sun Communities Inc)

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