Common use of Observe Laws Clause in Contracts

Observe Laws. Each of the Facility Agent and the Security Trustee may refrain from doing anything which would or might in its reasonable opinion either be contrary to any law or render it liable to any person and may do anything which in its reasonable opinion is necessary to comply with any law.

Appears in 2 contracts

Sources: Syndicated Facility Agreement (Resmed Inc), Syndicated Facility Agreement (Resmed Inc)