Common use of Business; Compliance with Applicable Law Clause in Contracts

Business; Compliance with Applicable Law. EnergySolutions, Parent and Holdco each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, and (b) comply with the requirements relating to the Licenses and of all Applicable Law except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)

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Business; Compliance with Applicable Law. EnergySolutions, EnergySolutions and Parent and Holdco each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, and (b) comply with the requirements relating to the Licenses and of all Applicable Law except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)

Business; Compliance with Applicable Law. EnergySolutionsDuratek, EnergySolutions and Parent and Holdco each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, and (b) comply with the requirements relating to the Licenses and of all Applicable Law except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)

Business; Compliance with Applicable Law. Duratek, EnergySolutions, Parent and Holdco each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, and (b) comply with the requirements relating to the Licenses and of all Applicable Law except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (EnergySolutions, Inc.)

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Business; Compliance with Applicable Law. EnergySolutions, Parent and Holdco EnergySolutions each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, activity and (b) comply with the requirements relating to the Licenses and of all Applicable Law Laws except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (EnergySolutions, Inc.)

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