Common use of Compliance with Law and Other Agreements Clause in Contracts

Compliance with Law and Other Agreements. Each Grantor shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which a Grantor is a party or by which such Grantor or any of its properties is bound, except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect.

Appears in 13 contracts

Samples: Global Security Agreement (CoroWare, Inc,), Security Agreement (Cantabio Pharmaceuticals Inc.), Security Agreement (Cantabio Pharmaceuticals Inc.)

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Compliance with Law and Other Agreements. Each Grantor shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which a the Grantor is a party or by which such the Grantor or any of its properties is bound, except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect.

Appears in 11 contracts

Samples: Securities Purchase Agreement (Infinity Resources Holdings Corp.), Security Agreement (Wherify Wireless Inc), Security Agreement (Telkonet Inc)

Compliance with Law and Other Agreements. Each Grantor shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which a any Grantor is a party or by which such any Grantor or any of its properties is bound, except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect.

Appears in 9 contracts

Samples: Security Agreement (Kona Gold Beverage, Inc.), Security Agreement (Kraig Biocraft Laboratories, Inc), Security Agreement (Kona Gold Beverage, Inc.)

Compliance with Law and Other Agreements. Each Grantor of the Grantors shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which a Grantor is a party or by which such Grantor Grantors or any of its properties is bound, except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect.

Appears in 7 contracts

Samples: Security Agreement (Bitzio, Inc.), Security Agreement (Premier Beverage Group Corp), Security Agreement (Us Fuel Corp)

Compliance with Law and Other Agreements. Each The Grantor shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which a the Grantor is a party or by which such the Grantor or any of its properties is bound, except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Amended and Restated Security Agreement (Homeland Security Capital CORP), Amended and Restated Security Agreement (Homeland Security Capital CORP), Security Agreement (CombiMatrix Corp)

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Compliance with Law and Other Agreements. Each Grantor of the Grantors shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which a Grantor is a party or by which such Grantor or any of its properties is bound, except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Security Agreement (Carbonics Capital Corp), Security Agreement (Carbonics Capital Corp), Global Security Agreement (Greenshift Corp)

Compliance with Law and Other Agreements. Each Grantor shall maintain its business operations and property owned or used in connection therewith in compliance with (a) all applicable federal, state and local laws, regulations and ordinances governing such business operations and the use and ownership of such property, and (b) all agreements, licenses, franchises, indentures and mortgages to which a Grantor is a party or by which such Grantor or any of its properties is bound, except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Unit Purchase Agreement (Medivie USA Inc.)

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