Common use of Preservation of Existence; Compliance with Law Clause in Contracts

Preservation of Existence; Compliance with Law. The Seller shall: (i) Preserve and maintain its legal existence and all of its material rights, material privileges, material licenses, material permits, material approvals and material franchises necessary for the operation of its business and to perform its obligations under the Repurchase Documents; (ii) Comply with the requirements of all applicable material laws, material rules, material regulations and material orders, whether now in effect or hereafter enacted or promulgated by any applicable Governmental Authority (including, without limitation, all environmental laws); (iii) Keep adequate records and books of account, in which complete entries will be made in accordance with GAAP consistently applied; and (iv) Permit representatives of the Buyer, upon reasonable notice (unless an Event of Default shall have occurred and is continuing, in which case, no prior notice shall be required), during normal business hours, to examine, copy and make extracts from its books and records, to inspect any of its Properties, and to discuss its business and affairs with its officers, all to the extent reasonably requested by the Buyer, subject to the provisions set forth in Section 27 hereof.

Preservation of Existence; Compliance with Law. The Seller shall: (i) : Preserve and maintain its legal existence and all of its material rights, material privileges, material licenses, material permits, material approvals licenses and material franchises necessary for the operation of its business and to perform its obligations under the Repurchase Documents; (ii) business; Comply with the requirements of all applicable material laws, material rules, material regulations and material orders, whether now in effect or hereafter enacted or promulgated by any applicable Governmental Authority (including, without limitation, all environmental laws); (iii) ; Maintain all licenses, permits or other approvals necessary for the Seller to conduct its business and to perform its obligations under the Repurchase Documents, and shall conduct its business strictly in accordance with applicable law; Keep adequate records and books of account, in which complete entries will be made in accordance with GAAP consistently applied; and (iv) and Permit representatives of the Buyer, upon reasonable notice (unless an Event of Default shall have occurred and is continuing, in which case, no prior notice shall be required), during normal business hours, to examine, copy and make extracts from its books and records, to inspect any of its Properties, and to discuss its business and affairs with its officers, all to the extent reasonably requested by the Buyer, subject to the provisions set forth in Section 27 hereof.

Preservation of Existence; Compliance with Law. The Seller shall: (i) Preserve and maintain its legal existence and all of its material rights, material privileges, material licenses, material permits, material approvals licenses and material franchises necessary for the operation of its business and to perform its obligations under the Repurchase Documentsbusiness; (ii) Comply with the requirements all Requirements of all applicable material laws, material rules, material regulations and material ordersLaw, whether now in effect or hereafter enacted or promulgated by any applicable Governmental Authority (including, without limitation, all environmental laws); (iii) Maintain all licenses, permits or other approvals necessary for Seller to conduct its business and to perform its obligations under the Facility Documents, and shall conduct its business strictly in accordance with applicable law; (iv) Keep adequate records and books of account, in which complete entries will be made in accordance with GAAP consistently applied; and (ivv) Permit representatives of the Buyer, upon reasonable notice (unless an Event of Default shall have has occurred and is continuing, in which case, no prior notice shall be is required), during normal business hours, to examine, copy and make extracts from its books and records, to inspect any of its Properties, and to discuss its business and affairs with its officers, all to the extent reasonably requested by the Buyer, subject to the provisions set forth in Section 27 hereof.

Preservation of Existence; Compliance with Law. The Seller shall: (ia) Preserve and maintain its legal existence and all of its material rights, material privileges, material licenses, material permitspermits and other approvals, material approvals and material franchises necessary for the operation of its business and to perform its obligations under the Repurchase Documentsbusiness; (iib) Comply with the requirements of all applicable material laws, material rules, material regulations and material orders, whether now in effect or hereafter enacted or promulgated by any applicable Governmental Authority (including, without limitation, all environmental lawsEnvironmental Laws); (iiic) Keep adequate records and books of account, in which complete entries will be made in accordance with GAAP consistently applied; and (ivd) Permit representatives of the BuyerAdministrative Agent and Buyers, upon reasonable notice (unless an Event of Default shall have occurred and is continuing, in which case, no prior notice shall be required), during normal business hours, to examine, copy and make extracts from its books and records, to inspect any of its Properties, and to discuss its business and affairs with its officers, all to the extent reasonably requested by the Buyer, subject to the provisions set forth in Section 27 hereofAdministrative Agent.

Preservation of Existence; Compliance with Law. The Seller shall: (i) Preserve and maintain its legal existence and all of its material rights, material privileges, material licenses, material permits, material approvals licenses and material franchises necessary for the operation of its business and to perform its obligations under the Repurchase Documentsbusiness; (ii) Comply with the requirements of all applicable material laws, material rules, material regulations and material orders, whether now in effect or hereafter enacted or promulgated by any applicable Governmental Authority (including, without limitation, all environmental laws)) in all material respects; (iii) Keep adequate records Maintain all licenses, permits or other approvals necessary for Seller to conduct its business and books of accountto perform its obligations under the Agreement, in which complete entries will be made the Netting Agreement or any Related Hedge Agreement, and shall conduct its business strictly in accordance with GAAP consistently appliedapplicable law; and (iv) Permit representatives of the Buyer, upon reasonable notice (unless an Event of Default shall have occurred and is continuing, in which case, no prior notice shall be required), during normal business hours, to examine, copy and make extracts from its books and records, to inspect any of its Properties, records and to discuss its business and affairs with its officers, all to the extent reasonably requested by the Buyer, subject to the provisions set forth in Section 27 hereof.