Licences etc. Each of the Borrower and each Material Subsidiary shall (i) obtain, hold and maintain in full force and good standing all Permits applicable to it or necessary to own its assets and to carry on its business and (ii) duly observe, conform and comply in all material respects with all valid requirements of all Permits, except, in each case, to the extent that not doing so would not have a Material Adverse Effect.
Appears in 2 contracts
Sources: Credit Agreement (Agnico Eagle Mines LTD), Third Amended and Restated Credit Agreement (Agnico Eagle Mines LTD)