Common use of Lawful Operations, etc Clause in Contracts

Lawful Operations, etc. Each of the Borrowers and their respective Subsidiaries (i) holds all necessary federal, state and local governmental licenses, registrations, certifications, permits and authorizations necessary to conduct its business, and (ii) is in full compliance with all requirements imposed by law, regulation or rule, whether federal, state or local, which are applicable to it, its operations, or its properties and assets, including without limitation, applicable requirements of Environmental Laws, except for any failure to obtain and maintain in effect, or noncompliance, which, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Genlyte Group Inc), Credit Agreement (Genlyte Group Inc)

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Lawful Operations, etc. Each The Borrower and each of the Borrowers and their respective Subsidiaries its Subsidiaries: (i) holds hold all necessary foreign, federal, state state, local and local other governmental licenses, registrations, certifications, permits and authorizations necessary to conduct its business, ; and (ii) is are in full compliance with all requirements imposed by law, regulation or rule, whether foreign, federal, state or local, which that are applicable to it, its operations, or its properties and assets, including without limitation, applicable requirements of Environmental Laws, except for any failure to obtain and maintain in effect, or noncompliance, whichthat, individually or in the aggregate, could would not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Term Loan Agreement (Cooper Companies Inc), Term Loan Agreement (Cooper Companies Inc)

Lawful Operations, etc. Each Holdings and each of the Borrowers and their respective Subsidiaries its Subsidiaries: (i) holds hold all necessary foreign, federal, state state, local and local other governmental licenses, registrations, certifications, permits and authorizations necessary to conduct its business, ; and (ii) is in full compliance with all requirements imposed by law, regulation or rule, whether foreign, federal, state or local, which that are applicable to it, its operations, or its properties and assets, including including, without limitation, applicable requirements of Environmental Laws, except for any failure to obtain and maintain in effect, or noncompliance, whichnoncompliance that, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Minrad International, Inc.)

Lawful Operations, etc. Each of the The Borrowers and each of their respective Subsidiaries Subsidiaries: (i) holds hold all necessary foreign, federal, state state, local and local other governmental licenses, registrations, certifications, permits and authorizations necessary to conduct its business, ; and (ii) is are in full compliance with all requirements imposed by law, regulation or rule, whether foreign, federal, state or local, which that are applicable to it, its operations, or its properties and assets, including without limitation, applicable requirements of Environmental Laws, except for any failure to obtain and maintain in effect, or noncompliance, whichthat, individually or in the aggregate, could would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Cooper Companies Inc)

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Lawful Operations, etc. Each The Borrower and each of the Borrowers and their respective Subsidiaries its Subsidiaries: (i) holds all necessary federal, state and local governmental licenses, registrations, certifications, permits and authorizations necessary to conduct its business, ; and (ii) is in full compliance with all requirements imposed by law, regulation or rule, whether federal, state or local, which that are applicable to it, its operations, or its properties and assets, including without limitation, applicable requirements of Environmental Laws, except for any failure to obtain and maintain in effect, or noncompliance, whichthat, individually or in the aggregate, could would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Memc Electronic Materials Inc)

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