Common use of Compliance with Environmental Laws; Environmental Reports Clause in Contracts

Compliance with Environmental Laws; Environmental Reports. (a) Except as would not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, (i) comply with all Environmental Laws and Environmental Permits applicable to its operations and Real Property; (ii) obtain and renew all Environmental Permits applicable to its operations and Real Property; and (iii) comply with all lawful orders of a Governmental Authority required of the Group Members by, and in accordance with, Environmental Laws; provided that no Group Member shall be required to comply with such orders to the extent that its obligation to do so is being contested in good faith and by proper proceedings.

Appears in 2 contracts

Samples: Credit Agreement (Transfirst Holdings Corp.), Credit Agreement (Transfirst Holdings Corp.)

AutoNDA by SimpleDocs

Compliance with Environmental Laws; Environmental Reports. (a) Except as would to the extent failure to do so could not reasonably be expected, individually or in the aggregate, expected to result in a Material Adverse Effect, (i) comply comply, and cause all lessees and other Persons occupying real property of any Company to comply, with all Environmental Laws and Environmental Permits applicable to its operations and Real Propertyreal property; (ii) obtain and renew all Environmental Permits applicable to its operations and Real Propertyreal property; and (iii) comply with conduct all lawful orders of a Governmental Authority Responses required of the Group Members by, and in accordance with, Environmental Laws; provided that no Group Member Company shall be required to comply with such orders undertake any Response to the extent that its obligation to do so is being contested in good faith and by proper proceedingsproceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Lifetime Brands, Inc), Senior Secured Credit Agreement (Lifetime Brands, Inc)

AutoNDA by SimpleDocs

Compliance with Environmental Laws; Environmental Reports. (a) Except as would not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, (i) comply Comply in all material respects with all Environmental Laws and Environmental Permits applicable to its operations and Real Property; (ii) obtain and renew all material Environmental Permits applicable to its operations and Real Property; and (iii) comply with all lawful orders of a Governmental Authority conduct any Response required of the Group Members by, and in accordance with, pursuant to Environmental Laws, except in each case with respect to clauses (i), (ii) and (iii) where failure to do so would reasonably be expected to results in a Material Adverse Effect; provided that no Group Member Loan Party shall be required to comply with such orders undertake any Response to the extent that its obligation to do so is being contested in good faith and by proper proceedingsproceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP.

Appears in 2 contracts

Samples: Credit Agreement (Broder Bros., Co.), Credit Agreement (Broder Bros Co)

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