Common use of Statutory Compliance Clause in Contracts

Statutory Compliance. The Borrower is in compliance with all federal, state, county and municipal laws, ordinances, rules or regulations applicable to it, its property or the conduct of its business, including, without limitation, those pertaining to or concerning the employment of labor, employee benefits, public health, safety and the environment.

Appears in 3 contracts

Samples: Fleet National Bank (Swiss Army Brands Inc), Credit Agreement (Swiss Army Brands Inc), Commercial Loan Agreement (Swiss Army Brands Inc)

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Statutory Compliance. The Borrower is in compliance with all federal, state, county and municipal laws, ordinances, rules or regulations applicable to it, its property or the conduct of its business, including, without limitation, those pertaining to or concerning the employment of labor, employee benefits, public health, safety and the environment, except for such failures to comply which do not, alone or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Cybex International Inc), Credit Agreement (Cybex International Inc)

Statutory Compliance. The Borrower is in material compliance with all federal, state, county and municipal laws, ordinances, rules or regulations applicable to it, its property or the conduct of its business, including, without limitation, those pertaining to or concerning the employment of labor, employee benefits, public health, safety and the environment.

Appears in 2 contracts

Samples: Credit Agreement (Able Laboratories Inc), Able Laboratories Inc

Statutory Compliance. The Borrower is in compliance with all federal, state, county and municipal material laws, ordinances, rules or rules, regulations and orders of any Governmental Authority applicable to it, its property or properties and assets and the conduct of its businessbusiness conducted by it, including, without limitation, those pertaining to or concerning ERISA, the employment United States Occupational Safety and Health Act of labor, employee benefits, public health, safety 1970 and the environmentall Environmental Laws except where non-compliance would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Edac Technologies Corp), Loan Agreement (Achillion Pharmaceuticals Inc)

Statutory Compliance. The Borrower is in compliance with all federal, state, county and municipal -------------------- material laws, ordinances, rules or rules, regulations and orders of any Governmental Authority applicable to it, its property or properties and assets and the conduct of its businessbusiness conducted by it, including, without limitation, those pertaining to or concerning ERISA, the employment United States Occupational Safety and Health Act of labor, employee benefits, public health, safety 1970 and the environmentall Environmental Laws except where non- compliance would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Master Credit Agreement (Aristotle Corp)

Statutory Compliance. The Borrower is in compliance in all material respects with all federal, state, county and municipal laws, ordinances, rules or regulations applicable to it, its property or the conduct of its business, including, without limitation, those pertaining to or concerning the employment of labor, employee benefits, public health, safety and the environment.

Appears in 1 contract

Samples: Loan Agreement (Brookstone Inc)

Statutory Compliance. The Borrower is in material compliance with, -------------------- and shall hereafter comply in all material respects with and use its assets in material compliance with, all statutes, regulations, ordinances, directives, and orders of every federal, state, county municipal, and municipal lawsother governmental authority which has or claims jurisdiction over the Borrower, ordinancesany of the Borrower's assets, rules or regulations applicable to it, its property or any person in any capacity for which the Borrower would be responsible for the conduct of its business, including, without limitation, those pertaining to or concerning the employment of labor, employee benefits, public health, safety and the environmentsuch person.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Bright Horizons Holdings Inc)

Statutory Compliance. The Borrower is in compliance with all federal, state, county and municipal material laws, ordinances, rules or rules, regulations and orders of any Governmental Authority applicable to it, its property or properties and assets and the conduct of its businessbusiness conducted by it, including, without limitation, those pertaining to or concerning ERISA, the employment United States Occupational Safety and Health Act of labor, employee benefits, public health, safety 1970 and the environmentall Environmental Laws except where non- compliance would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Master Credit Agreement (Aristotle Corp)

Statutory Compliance. The Borrower is in compliance shall comply with any statute and all federal, state, county byelaws and municipal laws, ordinances, rules regulations relating to its trade or regulations applicable to it, its property business or the conduct whole or any part of its business, including, without limitation, those pertaining to or concerning the employment of labor, employee benefits, public health, safety and the environmentCharged Property.

Appears in 1 contract

Samples: Agreement (Advance Nanotech, Inc.)

Statutory Compliance. The Borrower is in compliance in all material respects with all federal, state, county and municipal laws, ordinances, rules or regulations applicable to it, its property of all federal, state or the conduct of its businesslocal governments or any instrumentality or agency thereof, including, without limitation, those pertaining the Employee Retirement Income Security Act of 1974, the United States Occupational Safety and Health Act of 1970 and all federal, state and municipal laws, ordinances, rules and regulations relating to or concerning the employment of labor, employee benefits, public health, safety and the environment, as such may be amended. Borrower has not received any notice arising out of a violation or possible violation of any of the foregoing.

Appears in 1 contract

Samples: Loan Agreement (Birmingham Utilities Inc)

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Statutory Compliance. The Borrower is in compliance in all material respects with all federal, state, county and municipal laws, ordinances, rules or regulations applicable to it, its property of all federal, state or the conduct of its businesslocal governments or any instrumentality or agency thereof, including, without limitation, those pertaining the Employee Retirement Income Security Act of 1974, the United States Occupational Safety and Health Act of 1970 and all federal, state and municipal laws, ordinances, rules and regulations relating to or concerning the employment of labor, employee benefits, public health, safety and the environment, as such may be amended.

Appears in 1 contract

Samples: Commercial Loan Agreement (Cas Medical Systems Inc)

Statutory Compliance. The Borrower is in compliance compliance, in all material respects, with all statutes, regulations, ordinances, directives, and orders of every federal, state, county and municipal lawsor other governmental authority which has or claims jurisdiction over them, ordinancesany of its assets, rules or regulations applicable to it, its property or any person in any capacity under which it would be responsible for the conduct of such person and does not use any of its business, including, without limitation, those pertaining to or concerning the employment assets in violation of labor, employee benefits, public health, safety and the environmentany insurance policy carried by it.

Appears in 1 contract

Samples: Loan Agreement (Pennichuck Corp)

Statutory Compliance. The Borrower is in compliance with all federal, state, county and municipal laws, ordinances, rules rules, regulations and orders of all Federal, state or regulations local governmental bodies, instrumentalities or agencies applicable to it, its property or properties and assets and the conduct of its businessbusiness conducted by it, including, without limitation, those pertaining ERISA, the United States Occupational Safety and Health Act of 1970 and all laws, ordinances, rules and regulations relating to or concerning the employment of labor, employee benefits, public health, safety and the environment, as such may be amended.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Discas Inc)

Statutory Compliance. The Borrower is in compliance with -------------------- all federal, state, county and municipal material laws, ordinances, rules or rules, regulations and orders of any Governmental Authority applicable to it, its property or properties and assets and the conduct of its businessbusiness conducted by it, including, without limitation, those pertaining to or concerning ERISA, the employment United States Occupational Safety and Health Act of labor, employee benefits, public health, safety 1970 and the environmentall Environmental Laws except where non-compliance would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Master Credit Agreement (Aristotle Corp)

Statutory Compliance. The Borrower is in substantial compliance with all federal, state, county and municipal laws, ordinances, rules or regulations applicable to it, its property or the conduct of its business, including, without limitation, those pertaining to or concerning the employment of labor, employee benefits, public health, safety and the environment.

Appears in 1 contract

Samples: Credit Agreement (Foilmark Inc)

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