Common use of Compliance with Laws; Use of Proceeds Clause in Contracts

Compliance with Laws; Use of Proceeds. (a) Each Loan Party shall, and shall cause each of its Subsidiaries to, comply with all applicable Laws (other than Environmental Laws, which are subject to Section 6.8(b)), except where (a) such Law is being contested by appropriate proceedings or (b) except where the failure could not reasonably be expected to result in a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Seaboard Corp /De/), Term Loan Credit Agreement (Seaboard Corp /De/), Credit Agreement (Seaboard Corp /De/)

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Compliance with Laws; Use of Proceeds. (a) Each Loan Party shall, and shall cause each of its Subsidiaries to, comply with all applicable Laws in all respects (other than as provided in Section 6.8(b) below or in the Indemnity Agreement, in each case regarding Environmental Laws, which are subject ); provided that it shall not be deemed to be a violation of this Section 6.8(b)), except where (a6.8(a) such if any failure to comply with any Law is being contested by appropriate proceedings or (b) except where the failure could not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

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

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Compliance with Laws; Use of Proceeds. (a) Each Loan Party shall, and shall cause each of its Subsidiaries to, comply with all applicable Laws (other than Laws, including all Environmental Laws, which are subject to Section 6.8(b)), except where (a) such Law is being contested by appropriate proceedings or (b) except where the failure could to comply would not reasonably be expected to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (EPAM Systems, Inc.)

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