Common use of Compliance with Restrictions Clause in Contracts

Compliance with Restrictions. Each Pledgor agrees that in any sale of any of the Pledged Collateral whenever an Event of Default shall have occurred and be continuing, the Administrative Agent is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary:

Appears in 3 contracts

Samples: Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data Facilities Company, Inc.), Credit Agreement (Switch & Data, Inc.)

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Compliance with Restrictions. Each The Pledgor agrees that in any sale of any of the Pledged Collateral whenever an Event of Default shall have occurred and be continuing, the Administrative Agent is Agents are hereby authorized to comply with any limitation or restriction in connection with such sale as it they may be advised by counsel is necessary:necessary in order to avoid any violation of applicable law (including compliance 19

Appears in 1 contract

Samples: Parent Pledge Agreement (Leiner Health Products Inc)

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