Common use of Compliance with Law; Further Assurances Clause in Contracts

Compliance with Law; Further Assurances. The Parties expressly agree that, to the extent that the existing law relating to this Agreement changes, and such change affects this Agreement, they will reform the affected portion of this Agreement to comply with the change. Each Party agrees to perform such further acts and execute such further documents as are necessary to effectuate the purposes of this Agreement.

Appears in 61 contracts

Samples: Escrow Agreement (Neptune REM, LLC), Escrow Agreement (Neptune REM, LLC), Escrow Agreement (Caltier Fund I LP)

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Compliance with Law; Further Assurances. The 19.1.The Parties expressly agree that, to the extent that the existing law relating to this Agreement changes, and such change affects this Agreement, they will reform the affected portion of this Agreement to comply with the change. Each Party agrees to perform such further acts and execute such further documents as are necessary to effectuate the purposes of this Agreement. Custodian is hereby authorized and empowered, in its sole discretion, to take any action with respect to the Accounts that it deems reasonably necessary or appropriate in carrying out the purposes of this Agreement.

Appears in 2 contracts

Samples: Custody Agreement (RSE Archive, LLC), Custody Agreement (RSE Collection, LLC)

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