General Compliance with Law. Borrower shall at all times operate its business in strict compliance with all applicable Federal, State, and local laws, ordinances and regulations, and refrain from engaging in any civil or criminal activity proscribed by Federal, State or local law.
Appears in 5 contracts
Samples: Subordinated Loan Agreement (Bingham Financial Services Corp), Subordinated Loan Agreement (Sun Communities Inc), Subordinated Term Loan Agreement (Sun Communities Inc)
General Compliance with Law. Borrower shall at At all times operate its Borrower's business in strict compliance with all applicable Federal, State, and local laws, ordinances and regulations, and refrain from and prevent Borrower's partners, owners, directors, officers, employees and agents from engaging in any civil or criminal activity proscribed by Federal, State or local law.
Appears in 3 contracts
Samples: Business Loan Agreement (Symplex Communications Corp), Business Loan Agreement (Agree Realty Corp), Business Loan Agreement (Universal Standard Medical Laboratories Inc)
General Compliance with Law. Each Borrower shall at all times operate its business in strict compliance with all applicable Federal, State, and local laws, ordinances and regulations, and refrain from engaging in any civil or criminal activity proscribed by Federal, State or local law.
Appears in 1 contract
