Common use of Statutory Compliance Clause in Contracts

Statutory Compliance. Each of the Company and its Subsidiaries shall comply in all material respects with all valid and applicable statutes, laws, ordinances, zoning and building codes and other rules and regulations of the United States of America, of the states and territories thereof and their counties, municipalities and other subdivisions and of any foreign country or other jurisdictions applicable to such Person, except where failure so to comply would not reasonably be expected to result in the aggregate in any Material Adverse Effect; provided, however, that compliance with Environmental Laws shall be governed solely by Section 6.18.

Appears in 7 contracts

Samples: Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc)

AutoNDA by SimpleDocs

Statutory Compliance. Each of the Company and its -------------------- Subsidiaries shall comply in all material respects with all valid and applicable statutes, laws, ordinances, zoning and building codes and other rules and regulations of the United States of America, of the states and territories thereof and their counties, municipalities and other subdivisions and of any foreign country or other jurisdictions applicable to such Person, except where failure so to comply would with such provisions has not reasonably be expected to result resulted, and does not create a material risk of resulting, in the aggregate in any Material Adverse Effect; provided, however, that compliance with Environmental Laws shall be governed solely by Section 6.18Change.

Appears in 2 contracts

Samples: Credit Agreement (Transmontaigne Oil Co), Credit Agreement (Transmontaigne Inc)

Statutory Compliance. Each of the Company and its Subsidiaries shall comply in all material respects with all valid and applicable statutes, laws, ordinances, zoning and building codes and other rules and regulations of the United States of America, of the states and territories thereof and their counties, municipalities and other subdivisions and of any foreign country or other jurisdictions applicable to such Person, except where failure so to comply would has not reasonably be expected to result resulted, and does not create a material risk of resulting, in the aggregate in any Material Adverse Effect; provided, however, that compliance with Environmental Laws shall be governed solely by Section 6.18Change.

Appears in 2 contracts

Samples: Credit Agreement (Racing Champions Corp), Credit Agreement (Racing Champions Corp)

Statutory Compliance. Each of the Company and its Subsidiaries shall comply in all material respects with all valid and applicable statutes, laws, ordinances, zoning and building codes and other rules and regulations of the United States of America, of the states and territories thereof and their counties, municipalities and other subdivisions and of any foreign country or other jurisdictions applicable to such Person, except where failure so to comply would not reasonably be expected to result in the aggregate in any Material Adverse EffectChange; provided, however, that compliance with Environmental Laws shall be governed solely by Section 6.186.19.

Appears in 1 contract

Samples: Credit Agreement (Buckeye Cellulose Corp)

AutoNDA by SimpleDocs

Statutory Compliance. Each of the Company and its Subsidiaries shall comply in all material respects with all valid and 45 applicable statutes, laws, ordinances, zoning and building codes and other rules and regulations of the United States of America, of the states and territories thereof and their counties, municipalities and other subdivisions and of any foreign country or other jurisdictions applicable to such Person, except where failure so to comply would not reasonably be expected to result in the aggregate in any Material Adverse EffectChange; provided, however, that compliance with Environmental Laws shall be governed solely by Section 6.18.

Appears in 1 contract

Samples: Credit Agreement (Buckeye Technologies Inc)

Statutory Compliance. Each of the Company and its Subsidiaries shall comply in all material respects with all valid and applicable statutes, laws, ordinances, zoning and building codes and other rules and regulations of the United States of America, of the states and territories thereof and their counties, municipalities and other subdivisions and of any foreign country or other jurisdictions applicable to such Person, except where failure so to comply would not reasonably be expected to result in the aggregate in any Material Adverse EffectChange; provided, however, that compliance with Environmental Laws shall be governed solely by Section 6.18.

Appears in 1 contract

Samples: Credit Agreement (Buckeye Technologies Inc)

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