Common use of Compliance with Agreements and Law Clause in Contracts

Compliance with Agreements and Law. The Company and each of its Subsidiaries will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound. The Company and each of its Subsidiaries will conduct its business and affairs in compliance with all Applicable Law.

Appears in 3 contracts

Samples: Purchase Agreement (Alliance Resources PLC), Purchase Agreement (Encap Equity 1996 Limited Partnership), Purchase Agreement (American Rivers Oil Co /De/)

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Compliance with Agreements and Law. The Company and each of its Subsidiaries will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound. The Company and each of its Subsidiaries will conduct its business and affairs in compliance with all Applicable Lawlaws applicable thereto and will maintain in good standing all licenses that may be necessary or appropriate to carry on its business, except where the failure to do any of the above would not constitute a Material Adverse Change.

Appears in 3 contracts

Samples: Loan Agreement (Hispanic Television Network Inc), Loan Agreement (Iexalt Inc), Loan Agreement (Iexalt Inc)

Compliance with Agreements and Law. The Company will, and each of will cause its Subsidiaries will to, perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound. The Company will, and each of will cause its Subsidiaries will to, conduct its business and affairs in compliance in all material respects with all Applicable LawLaws applicable thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Tekoil & Gas Corp)

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Compliance with Agreements and Law. The Company and each of its ---------------------------------- Subsidiaries will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound. The Company and each of its Subsidiaries will conduct its business and affairs in compliance with all Applicable Law.

Appears in 1 contract

Samples: Purchase Agreement (Aroc Inc)

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