Common use of Continued Compliance with Applicable Law Clause in Contracts

Continued Compliance with Applicable Law. Except as disclosed in Borrower's prospectus and other filings with the SEC prior to the Effective Date, Borrower shall conduct its business in a lawful manner and in material compliance with all applicable federal, state, and local laws, ordinances, rules, regulations, and orders; shall maintain in good standing all licenses and organizational or other qualifications reasonably necessary to its business and existence; and shall not engage in any business not authorized by and not in accordance with its Organizational Documents and other governing documents. Except as disclosed in Borrower's prospectus and other filings with the SEC prior to the Effective Date, Borrower shall cause Acquisition to conduct its business in a lawful manner and in material compliance with all applicable laws, ordinances, rules, regulations, and orders; shall cause Acquisition to maintain in good standing all licenses and organizational or other qualifications reasonably necessary to its business and existence; and shall not permit Acquisition to engage in any business not authorized by and not in accordance with its Organizational Documents and other governing documents.

Continued Compliance with Applicable Law. Except as disclosed in Borrower's ’s prospectus and other filings with the SEC prior to the Effective Date, Borrower shall conduct its business in a lawful manner and in material compliance with all applicable federal, state, and local laws, ordinances, rules, regulations, and orders; shall maintain in good standing all licenses and organizational or other qualifications reasonably necessary to its business and existence; and shall not engage in any business not authorized by and not in accordance with its Organizational Documents and other governing documents. Except as disclosed in Borrower's ’s prospectus and other filings with the SEC prior to the Effective Date, Borrower shall cause Acquisition all Subsidiaries to conduct its their respective business in a lawful manner and in material compliance with all applicable laws, ordinances, rules, regulations, and orders; shall cause Acquisition all Subsidiaries to maintain in good standing all licenses and organizational or other qualifications reasonably necessary to its business and existence; and shall not permit Acquisition any Subsidiaries to engage in any business not authorized by and not in accordance with its their respective Organizational Documents and other governing documents.