Material Compliance. Buyer is in material compliance with all applicable Laws and Buyer Contracts relating to this Agreement, and the operation of its business.
Material Compliance. If Provider fails to keep, observe, or perform any material agreement, term, or provision of this Contract for a period of thirty (30) calendar days after notice from the Board specifying the event or events of default. However, no Event of Default shall be deemed to exist where the act, event, or condition is one which by its nature or circumstances reasonably requires more than thirty (30) days to cure and Provider, promptly following receipt of the Board’s notice, in good faith initiates and diligently pursues measures which, upon their conclusion, may reasonably be expected to cure or eliminate the noticed act, event, or condition;
Material Compliance. To the Knowledge of Company, there are no circumstances that are reasonably likely to prevent or interfere with material compliance with Environmental Laws by Company or its Subsidiaries in the future;
Material Compliance. To the Knowledge of Parent, there are no circumstances that are reasonably likely to prevent or interfere with compliance with Environmental Laws by Parent or its Subsidiaries in the future.
Material Compliance. If Operator fails to keep, observe, or perform any material agreement, term, or provision of this Agreement, and such default continues for a period of thirty (30) calendar days after notice thereof has been given to Operator by the Board specifying the event or events constituting the default, provided that no Event of Default shall be deemed to exist hereunder where the act, event, or condition noticed as constituting the default is one which by its nature or circumstances reasonably requires more than thirty (30) days to cure, and promptly following receipt of notice, Operator in good faith initiates and diligently pursues measures which upon conclusion may reasonably be expected to have cured or eliminated the noticed act, event, or condition;
Material Compliance. Each of the Company Plans is, and has been, maintained, administered, and operated in all material respects in accordance with its terms and in compliance in all material respects with applicable Laws including, but not limited to, the Code and ERISA. The IRS has issued, or is deemed to have issued, a favorable determination letter with respect to each Company Plan that is intended to be a “qualified plan” within the meaning of Code Section 401(a); and, to the Company’s Knowledge, no fact or event has occurred before or since the date of such letter or letters that could adversely affect the qualified status of such Company Plan. In particular and without limiting the foregoing:
Material Compliance. To the Company’s Knowledge, each Employee Benefit Plan that is intended to be qualified under Code Section 401(a) is so qualified. All Employee Benefit Plans are materially in compliance with their terms and with the presently applicable provisions of ERISA and the Code. Nothing has occurred with respect to any Employee Benefit Plan that has subjected or would reasonably be expected to subject the Company to a penalty under Section 502 of ERISA or to an excise tax under the Code, or that has subjected or would reasonably be expected to subject any participant in, or beneficiary of, a Company Plan, to a tax under Code Section 4973. All required contributions to, and premium payments on account of, each Employee Benefit Plan have been made on a timely basis and have been properly accrued in accordance with GAAP.
Material Compliance. The Borrowers shall have performed ------------------- and complied in all material respects with all covenants and conditions hereof;
Material Compliance. Except as otherwise set forth in Section 2.16(d) of the Company Disclosure Schedule, each of the Company Plans (including each predecessor plan thereto) is, and has been, maintained, administered, and operated in all material respects in accordance with its terms in compliance in all material respects with applicable Laws including, but not limited to, the Code and ERISA. The IRS has issued, or is deemed to have issued, a favorable determination letter with respect to each Company Plan (including each predecessor plan thereto) that is intended to be a “qualified plan” within the meaning of Code Section 401(a); and, to the Company’s Knowledge, no fact or event has occurred before or since the date of such letter or letters that could adversely affect the qualified status of such Company Plan or any predecessor plan thereto. In particular and without limiting the foregoing, except as set forth in Section 2.16(d)
Material Compliance. Seller has complied in all material respects with all laws, regulations and orders applicable to its business, except where the failure so to comply would not have a material adverse effect on the financial condition of Seller or the Purchased Assets.
