Common use of Compliance with Governmental Requirements Clause in Contracts

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's sole opinion, Lxxxxx's interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's interest.

Appears in 6 contracts

Samples: Business Loan Agreement (FGI Industries Ltd.), Business Loan Agreement and Borrower (Janel Corp), Business Loan Agreement (Pro Dex Inc)

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Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's ’s sole opinion, Lxxxxx's ’s interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's ’s interest.

Appears in 6 contracts

Samples: Business Loan Agreement (BioLife4D Corp), Business Loan Agreement (Eaco Corp), Business Loan Agreement (Amrep Corp.)

Compliance with Governmental Requirements. Comply with all lawstaws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's properties, businesses and operations, and to the use or occupancy of the Collateral, including Including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in In writing prior to doing so and so long as, in LxxxxxXxxxxx's sole opinion, LxxxxxXxxxxx's interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect LxxxxxXxxxxx's interest.

Appears in 3 contracts

Samples: Business Loan Agreement (Ivt Software Inc), Business Loan Agreement (Ivt Software Inc), Business Loan Agreement (Ivt Software Inc)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's Xxxxxx’s sole opinion, Lxxxxx's Xxxxxx’s interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's Xxxxxx’s interest.

Appears in 2 contracts

Samples: Business Loan Agreement (KeyStone Solutions, Inc.), Business Loan Agreement (Seawright Holdings Inc)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's Xxxxxx’s sole opinion, Lxxxxx's Xxxxxx’s interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's Xxxxxx’s interest.

Appears in 1 contract

Samples: Business Loan Agreement (VCG Holding Corp)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's Xxxxxx’s sole opinion, Lxxxxx's Xxxxxx’s. interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's Xxxxxx’s interest.

Appears in 1 contract

Samples: Business Loan Agreement (Ocean Bio Chem Inc)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's ’s sole opinion, Lxxxxx's ’s interests in the Collateral are not jeopardized. jeopardized Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect LxxxxxLender's interest.

Appears in 1 contract

Samples: Business Loan Agreement (Amrep Corp.)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitationImitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's sole opinion, Lxxxxx's interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's interest.

Appears in 1 contract

Samples: Business Loan Agreement (Century Casinos Inc /Co/)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in LxxxxxLender's sole opinion, LxxxxxLender's interests in the Collateral are Collaterxx xxx not jeopardized. Lender Xxxxxr may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect LxxxxxLender's interest.

Appears in 1 contract

Samples: Loan Agreement (Red Trail Energy, LLC)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's ’s sole opinion, Lxxxxx's ’s interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's ’s interest.. BUSINESS LOAN AGREEMENT (Continued)

Appears in 1 contract

Samples: Business Loan Agreement (Syra Health Corp)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, effect of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With with Disabilities Act. Borrower may contest in good faith any such law, ordinance, ordinance or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's Xxxxxx’s sole opinion, Lxxxxx's Xxxxxx’s interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or of a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's Xxxxxx’s interest.

Appears in 1 contract

Samples: Business Loan Agreement (Versant Corp)

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Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, BUSINESS LOAN AGREEMENT or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower Xxxxxxxx has notified Lender in writing prior to doing so and so long as, in Lxxxxx's Xxxxxx’s sole opinion, Lxxxxx's Xxxxxx’s interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's Xxxxxx’s interest.

Appears in 1 contract

Samples: Business Loan Agreement (NV5 Holdings, Inc.)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing BUSINESS LOAN AGREEMENT prior to doing so and so long as, in Lxxxxx's Xxxxxx’s sole opinion, Lxxxxx's Xxxxxx’s interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's Xxxxxx’s interest.

Appears in 1 contract

Samples: Business Loan Agreement (Electromed, Inc.)

Compliance with Governmental Requirements. Comply in all material respects with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's Borrowers' properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower Borrowers may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has Borrowers have notified Lender in writing prior to doing so and so long as, in LxxxxxXxxxxx's sole opinion, LxxxxxXxxxxx's interests in the Collateral are not jeopardized. Lender may require Borrower Borrowers to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect LxxxxxXxxxxx's interest.

Appears in 1 contract

Samples: Business Loan Agreement (Unbridled Energy CORP)

Compliance with Governmental Requirements. Comply with all laws, ordinances, ordinances and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including including, without limitation, the Americans With with Disabilities Act. Borrower may contest in good faith any such law, ordinance, ordinance or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's Xxxxxx’s sole opinion, Lxxxxx's Xxxxxx’s interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's Xxxxxx’s interest.

Appears in 1 contract

Samples: Loan Agreement (Isecuretrac Corp)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's properties, businesses and operations, and to the use or occupancy of the Collateral, including Including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in LxxxxxXxxxxx's sole opinion, LxxxxxXxxxxx's interests Interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect LxxxxxXxxxxx's interest.

Appears in 1 contract

Samples: Business Loan Agreement (Elevate.Money REIT I, Inc.)

Compliance with Governmental Requirements. Comply with all laws, ordinances, and regulations, now or hereafter in effect, of all governmental authorities applicable to the conduct of Borrower's ’s properties, businesses and operations, and to the use or occupancy of the Collateral, including without limitation, the Americans With Disabilities Act. Borrower may contest in good faith any such law, ordinance, or BUSINESS LOAN AGREEMENT regulation and withhold compliance during any proceeding, including appropriate appeals, so long as Borrower has notified Lender in writing prior to doing so and so long as, in Lxxxxx's Xxxxxx’s sole opinion, Lxxxxx's Xxxxxx’s interests in the Collateral are not jeopardized. Lender may require Borrower to post adequate security or a surety bond, reasonably satisfactory to Lender, to protect Lxxxxx's Xxxxxx’s interest.

Appears in 1 contract

Samples: Business Loan Agreement (RBC Life Sciences, Inc.)

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