Common use of Violation of Law Clause in Contracts

Violation of Law. Borrower shall not violate any law, statute, ordinance, rule, regulation, judgment, decree, order, writ or injunction of any federal, state or local authority, court, agency, bureau, board, commission, department or governmental body if such violation could have a Material Adverse Effect.

Appears in 4 contracts

Samples: Securities Purchase Agreement, Bridge Financing Agreement (Jaguar Animal Health, Inc.), Bridge Financing Agreement (Intercloud Systems, Inc.)

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Violation of Law. Borrower shall comply with all federal, state and local laws, regulations and orders applicable to Borrower and its assets, including, but not violate limited to, all Environmental Laws, in each case except where the failure to do so would not result in a Material Adverse Effect, and shall promptly notify Agent of any lawmaterial violation of any material rule, regulation, statute, ordinance, order or law relating to the public health or the environment and of any complaint or notifications received by Borrower regarding any environmental or safety and health rule, regulation, judgmentstatute, decree, order, writ ordinance or injunction of any federal, state or local authority, court, agency, bureau, board, commission, department or governmental body if such violation could have a Material Adverse Effectlaw.

Appears in 2 contracts

Samples: Loan and Security Agreement (Agritech Worldwide, Inc.), Loan and Security Agreement (Agritech Worldwide, Inc.)

Violation of Law. Borrower shall not violate be in violation of any law, applicable statute, ordinanceregulation or ordinance of the United States of America, ruleany state, regulationcity, judgmenttown, decreemunicipality, ordercounty, writ or injunction of any federalother jurisdiction, state or local authorityany agency thereof, courtin any material respect affecting its business, agencyproperty, bureauassets, boardoperations or condition, commission, department financial or governmental body if such violation could have a Material Adverse Effectotherwise.

Appears in 2 contracts

Samples: Loan and Security Agreement (Total Apparel Group , Inc.), Loan and Security Agreement (United American Healthcare Corp)

Violation of Law. Borrower shall not violate be in violation of any law, applicable statute, ordinanceregulation or ordinance of the United States of America, ruleany state, regulationcity, judgmenttown, decreemunicipality, ordercounty, writ or injunction of any federalother jurisdiction, state or local authorityany agency thereof, courtin any material respect affecting its business, agencyproperty, bureauassets, boardoperations or condition, commissionfinancial or otherwise, department or governmental body if such violation which could have reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Better Choice Co Inc.)

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Violation of Law. Borrower shall not violate any law, statute, ordinance, rule, regulation, judgment, decree, order, writ or injunction of any federal, state or local authority, court, agency, bureau, board, commission, department or governmental body body, if any such violation could have a Material Adverse Effect.

Appears in 1 contract

Samples: Note Purchase Agreement (Blue Calypso, Inc.)

Violation of Law. The Borrower shall is not violate in violation of any applicable law, statute, ordinance, rule, regulation, order, writ, judgment, injunction, decree, orderdetermination or award binding on it, writ the violation or injunction breach of any federal, state or local authority, court, agency, bureau, board, commission, department or governmental body if such violation which could be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (US Power Generating CO)

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