Common use of Observance of Legal Requirements Clause in Contracts

Observance of Legal Requirements. The Borrower shall observe and comply in all material respects, and cause each of its Subsidiaries so to do, with all laws, regulations and orders of any Governmental Authority which now or at any time hereafter may be applicable to it, including ERISA and all Environmental Laws, a violation of which would individually or collectively reasonably be expected to have a Material Adverse Effect, except such thereof as shall be contested in good faith and, if applicable, by appropriate proceedings diligently conducted by it.

Appears in 13 contracts

Samples: Credit Agreement (Cleco Corp), Term Loan Agreement (Allete Inc), Term Loan Agreement (Cleco Corp)

AutoNDA by SimpleDocs

Observance of Legal Requirements. The Borrower shall observe and comply in all material respects, and cause each of its Subsidiaries so to do, with all laws, regulations and orders of any Governmental Authority which now or at any time hereafter may be applicable to it, including ERISA and all Environmental Laws, a violation of which would individually or collectively 45ALLETE Credit Agreement reasonably be expected to have a Material Adverse Effect, except such thereof as shall be contested in good faith and, if applicable, by appropriate proceedings diligently conducted by it.

Appears in 1 contract

Samples: Credit Agreement (Allete Inc)

AutoNDA by SimpleDocs

Observance of Legal Requirements. The Borrower shall observe and comply in all material respects, and cause each of its Subsidiaries so to do, with all laws, regulations and orders of any Governmental Authority which now or at any time hereafter may be applicable to it, including ERISA and all Environmental Laws, a violation of which would individually or collectively reasonably be expected to have a Material Adverse Effect, except such thereof as shall be contested in good faith and, if applicable, by appropriate proceedings diligently conducted by it.. Cleco Corporation Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Cleco Power LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.