Common use of Laws Generally Clause in Contracts

Laws Generally. Each Loan Party and each Subsidiary is in compliance in all material respects with the requirements of all applicable Laws, except where noncompliance would not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Sources: Credit Agreement (Universal Technical Institute Inc), Credit Agreement (Universal Technical Institute Inc), Credit Agreement (Universal Technical Institute Inc)

Laws Generally. Each Loan Party and each Subsidiary is in compliance in all material respects with the requirements of all applicable Laws, including any Anti-Corruption Laws and Anti-Terrorism Laws, except where for such noncompliance would which could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Mammoth Energy Services, Inc.), Revolving Credit Agreement (Mammoth Energy Services, Inc.)

Laws Generally. Each Loan Party and each Subsidiary is in compliance in all material respects with the requirements of all applicable Laws, except where noncompliance would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Lincoln Educational Services Corp)

Laws Generally. Each Loan Party and each Subsidiary of such Loan Party is in compliance in all material respects with the requirements of all applicable Laws, except where noncompliance the failure to be in compliance would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Universal Logistics Holdings, Inc.)