Compliance with Laws; No Default. Each Loan Party is in compliance with all Requirements of Law applicable to it or its property, except where the failure to be so in compliance, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. No Default has occurred and is continuing.
Appears in 12 contracts
Samples: Credit Agreement (Nexeo Solutions Holdings, LLC), Credit Agreement (Northern Tier Energy LP), Credit Agreement (ATD Corp)
Compliance with Laws; No Default. Each of the Loan Party Parties is in compliance with all Requirements laws, regulations and orders of Law any Governmental Authority applicable to it or its property, except where the failure to be do so in compliance, individually or in the aggregate, would could not reasonably be expected to result in a Material Adverse Effect. No Default has occurred and is continuing.
Appears in 3 contracts
Samples: First Lien Term Loan Credit Agreement (Talecris Biotherapeutics Holdings Corp.), Second Lien Term Loan Credit Agreement (Talecris Biotherapeutics Holdings Corp.), Revolving Credit Agreement (Talecris Biotherapeutics Holdings Corp.)
Compliance with Laws; No Default. Each The Loan Party is in compliance Parties have complied with all Requirements applicable statutes, rules, regulations, orders and restrictions of Law applicable to it any domestic or its propertyforeign government or any instrumentality or agency thereof having jurisdiction over the conduct of their respective businesses or the ownership of their respective Property, except where the failure to be so in compliancecomply, individually or in the aggregate, would could not reasonably be expected to result in have a Material Adverse Effect. No Default or Unmatured Default has occurred and is continuing.
Appears in 1 contract
