Common use of Adverse Change; Approvals; etc Clause in Contracts

Adverse Change; Approvals; etc. (a) Since September 27, 1996, nothing shall have occurred (and the Banks shall have become aware of no facts or conditions not previously known) which the Administrative Agent or the Required Banks shall reasonably determine (i) has, or could have, a material adverse effect on the rights or remedies of the Banks or the Administrative Agent, or on the ability of the Company to perform its obligations to the Administrative Agent and the Banks under this Agreement or any other Credit Document, (ii) which has, or would reasonably be expected to have, a Material Adverse Effect or (iii) indicates the inaccuracy in any material respect of the information previously provided to the Administrative Agent or the Banks (taken as a whole) or indicates that the information previously provided omitted to disclose any material information. (b) On or prior to the Restatement Effective Date, all necessary governmental (domestic and foreign) and third party approvals in connection with this Agreement and the Transaction and the transactions contemplated by the Documents and otherwise referred to herein or therein shall have been obtained and remain in effect, and all applicable waiting periods shall have expired without any action being taken by any competent authority which restrains, prevents or imposes materially adverse conditions upon the consummation of all or any part of the Transaction or the other transactions contemplated by the Documents and otherwise referred to herein or therein. Additionally, there shall not exist any judgment, order, injunction or other restraint issued or filed or a hearing seeking injunctive relief or other restraint pending or notified prohibiting or imposing materially adverse conditions upon all or any part of the Transaction, the transactions contemplated by the Documents or otherwise referred to herein or therein or the making of the Loans or the issuance of Letters of Credit.

Adverse Change; Approvals; etc. (a) Since September 27June 30, 19962003, nothing shall have occurred (and neither the Banks Joint Lead Arrangers nor any Lender shall have become aware of no any facts or conditions not previously knownknown by, or disclosed in writing to, the Joint Lead Arrangers or such Lender) which the Administrative Agent or the Required Banks shall could reasonably determine (i) has, or could have, be expected to have a material adverse effect (i) on the rights or remedies of the Banks Administrative Agent or the Administrative AgentLenders, or on the ability of the Company any Credit Party to perform its respective obligations to the Administrative Agent and the Banks under this Agreement or any other Credit Document, (ii) which has, or would reasonably be expected to have, a Material Adverse Effect or (iii) indicates the inaccuracy in any material respect of the information previously provided to the Administrative Agent or the Banks Lenders under the Credit Documents or (ii) on the business, property, assets, liabilities (actual or contingent), operations or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole) or indicates that the information previously provided omitted to disclose any material information. (b) On or prior to the Restatement Effective Date, all necessary governmental (domestic and foreign) and third party approvals and/or consents (if any) required in connection with this Agreement (i) the making of the Loans and the Transaction and (ii) the transactions contemplated by the Credit Documents and otherwise referred to herein or therein therein, in each case shall have been obtained and remain in effect, except in the case of clause (ii) above for such consents and/or approvals the failure of which to obtain could not reasonably be expected to have a material adverse effect on the trans­actions contemplated by this Agreement or the other Credit Documents or on the business, prop­erty, assets, liabilities (actual or contingent), operations or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole and all applicable waiting periods shall have expired without any action being taken by any competent authority which restrains, prevents or imposes materially adverse conditions upon the consummation of all or any part making of the Transaction or Loans and the other transactions contemplated by the Credit Documents and or otherwise referred to herein or therein. Additionally, there shall not exist any judgmentjudg­ment, order, injunction or other restraint issued or filed or a hearing seeking injunctive relief or other restraint pending or notified prohibiting or imposing materially adverse conditions upon all or any part of the Transaction, the transactions contemplated by the Documents or otherwise referred to herein or therein or the making of the Loans or the issuance consummation of Letters of Creditthe Transaction or the other transactions contem­plated by the Credit Documents.

Adverse Change; Approvals; etc. (ai) Since September 27, 1996On the Restatement Effective Date, nothing shall have occurred (and the Co-Arrangers and the Banks shall have become aware of no facts facts, conditions or conditions other information not previously known) which the Administrative Agent Co-Arrangers or the Required Banks shall reasonably determine (i) hashas had, or could reasonably be expected to have, a material adverse effect (x) on the rights or remedies of the Banks Agents or the Administrative AgentBanks, or on the ability of the Company any Credit Party to perform its their respective obligations to the Administrative Agent Agents and the Banks under this Agreement or any other Credit Document, (ii) which has, or would reasonably be expected to have, a Material Adverse Effect or (iiiy) indicates on the inaccuracy in any material respect business, operations, property, assets, liabilities, condition (financial or otherwise) or prospects of the information previously provided to the Administrative Agent or the Banks (OFSI and its Subsidiaries taken as a whole) , the Borrower and its Subsidiaries taken as a whole, Caterair, Caterair and its Subsidiaries taken as a whole or indicates Caterair Holdings and its Subsidiaries taken as a whole from that set forth in the information previously provided omitted to disclose any material informationaudited financial statements of such Persons for their fiscal year ended December 31, 1996. (b) On or prior to the Restatement Effective Date, all necessary governmental (domestic and foreign) and third party approvals and/or consents in connection with this Agreement the consummation of the Transaction, the occurrence of any Credit Event and the Transaction and the any transactions contemplated by the Documents and otherwise referred to or contemplated herein or therein shall have been (or will, within the time frame required, be) obtained and remain in full effect, and all applicable waiting periods shall have expired without any action being taken by any competent authority which restrains, prevents or imposes materially adverse conditions upon the consummation of all the Transaction, the occurrence of any Credit Event or any part the consummation of the Transaction or the other transactions contemplated by this Agreement and the other Documents and or otherwise referred to herein or therein. Additionally, there shall not exist any judgment, order, injunction or other restraint issued or filed or a hearing seeking injunctive relief or other restraint pending or notified prohibiting or imposing materially adverse conditions upon all or any part the consummation of the Transaction, the occurrence of any Credit Event or the consummation of any other transactions contemplated by this Agreement and the Documents or otherwise referred to herein or therein or the making of the Loans or the issuance of Letters of Creditother Documents.

Adverse Change; Approvals; etc. (a) Since September 27June 30, 19962000, nothing shall have occurred (and the Banks no Agent nor any Lender shall have become aware of no any facts or conditions not previously knownknown by, or disclosed in writing to, such Agent or such Lender) which the Administrative Agent or the Required Banks shall could reasonably determine (i) has, or could have, be expected to have a material adverse effect (i) on the rights or remedies of the Banks any Agent or the Administrative AgentLenders, or on the ability of the Company any Credit Party to perform its respective obligations to any Agent or the Administrative Agent and Lenders under the Banks under this Agreement Credit Documents or any other Credit Document, (ii) which hason the business, property, assets, liabilities (actual or would reasonably be expected to havecontingent), a Material Adverse Effect operations or condition (iiifinancial or otherwise) indicates the inaccuracy in any material respect of the information previously provided to the Administrative Agent or the Banks (Borrower and its Subsidiaries taken as a whole) or indicates that the information previously provided omitted to disclose any material information. (b) On or prior to the Restatement Effective Date, all necessary governmental (domestic and foreign) and third party approvals and/or consents (if any) required in connection with this Agreement (i) the making of the Loans and the Transaction and (ii) the transactions contemplated by the Credit Documents and otherwise referred to herein or therein therein, in each case shall have been obtained and remain in effect, except in the case of clause (ii) above for such consents and/or approvals the failure of which to obtain could not reasonably be expected to have a material adverse effect on the transactions contemplated by this Agreement or the other Documents or on the business, property, assets, liabilities (actual or contingent), operations or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole and all applicable waiting periods shall have expired without any action being taken by any competent authority which restrains, prevents or imposes materially adverse conditions upon the consummation of all or any part making of the Transaction or Loans and the other transactions contemplated by the Credit Documents and or otherwise referred to herein or therein. Additionally, there shall not exist any judgment, order, injunction or other restraint issued or filed or a hearing seeking injunctive relief or other restraint pending or notified prohibiting or imposing materially adverse conditions upon all or any part of the Transaction, the transactions contemplated by the Documents or otherwise referred to herein or therein or the making of the Loans or the issuance consummation of Letters of Creditthe Transaction or the other transactions contemplated by the Documents.

Adverse Change; Approvals; etc. (a) Since September 27June 30, 19962004, nothing shall have occurred (and after giving effect to the Banks shall have become aware of no facts or conditions not previously knownTransaction) which the Administrative Agent or the Required Banks shall could reasonably determine (i) has, or could have, be expected to have a material adverse effect on the rights business, assets, liabilities, operations or remedies condition (financial or otherwise) of the Banks or the Administrative Agent, or on the ability of the Company to perform VHS Holdco I and its obligations to the Administrative Agent and the Banks under this Agreement or any other Credit Document, (ii) which has, or would reasonably be expected to have, a Material Adverse Effect or (iii) indicates the inaccuracy in any material respect of the information previously provided to the Administrative Agent or the Banks (Subsidiaries taken as a whole) or indicates that the information previously provided omitted to disclose any material information. (b) On or prior to the Restatement Effective Initial Borrowing Date, all necessary governmental (domestic and foreign) and third party approvals and/or consents (if any) required in connection with this Agreement and the Transaction and the other transactions contemplated by the Documents and otherwise referred to herein or therein in the other Credit Documents, in each case shall have been obtained and remain in effect, except such consents and/or approvals the failure of which to obtain could not reasonably be expected to have a material adverse effect on the Transaction, the transactions contemplated by this Agreement or the other Credit Documents or on the business, assets, liabilities, operations or condition (financial or otherwise) of VHS Holdco I and its Subsidiaries taken as a whole (after giving effect to the Transaction), and all applicable waiting periods shall have expired without any action being taken by any competent authority which restrains, prevents or imposes materially adverse conditions upon the consummation of all Transaction or any part of the Transaction or the other transactions contemplated by the Credit Documents and or otherwise referred to herein or therein. Additionally, there shall not exist any judgment, order, injunction or other restraint issued or filed or a hearing seeking injunctive relief or other restraint pending or notified prohibiting or imposing materially adverse conditions upon all or any part of the Transaction, the transactions contemplated by the Documents or otherwise referred to herein or therein or the making of the Loans or the issuance consummation of Letters of Creditthe Transaction or the other transactions contemplated by the Credit Documents.

Adverse Change; Approvals; etc. (a) Since September 2730, 19961999, nothing shall have occurred (and neither the Agent nor the Banks shall have become aware of no any facts or conditions not previously known) which the Administrative Agent or the Required Banks shall reasonably determine (i) has, or could have, a material adverse effect on the rights or remedies of the Banks or the Administrative Agent, or on the ability of the Company Credit Parties to perform its their respective obligations to the Administrative Agent and the Banks under this Agreement or any other Credit Document, (ii) which has, or would reasonably be expected to have, a Material Adverse Effect or (iii) indicates the inaccuracy in any material respect of the information previously provided to the Administrative Agent or the Banks (taken as a whole) or indicates that the information previously provided omitted to disclose any material information. (b) On or prior to the Restatement Effective Date, all necessary governmental (domestic and foreign) and third party approvals in connection with this Agreement and the Transaction and the transactions contemplated by the Documents and otherwise referred to herein or therein shall have been obtained and remain in effect, and all applicable waiting periods shall have expired without any action being taken by any competent authority which restrains, prevents or imposes materially adverse conditions upon the consummation of all or any part of the Transaction or the other transactions contemplated by the Documents and otherwise referred to herein or therein. Additionally, there shall not exist any judgment, order, injunction or other restraint issued or filed or a hearing seeking injunctive relief or other restraint pending or notified prohibiting or imposing materially adverse conditions upon all or any part of the Transaction, the transactions contemplated by the Documents or otherwise referred to herein or therein or the making of the Loans or the issuance of Letters of Credit.

Adverse Change; Approvals; etc. (a) Since September 27, 1996On or prior to the Closing Date, nothing shall have occurred (and neither the Co-Arrangers nor the Banks shall have become aware of no facts any facts, conditions or conditions other information not previously known) which the Administrative Agent Co-Arrangers or the Required Banks shall reasonably determine (i) hashas had, or could reasonably be expected to have, a material adverse effect (x) on the rights or remedies of the Banks Agents or the Administrative AgentBanks, or on the ability of the Company any Credit Party to perform its their respective obligations to the Administrative Agent Agents and the Banks under this Agreement or any other Credit Document, (ii) which has, or would reasonably be expected to have, a Material Adverse Effect or (iiiy) indicates on the inaccuracy in business, operations, property, assets, liabilities, condition (financial or otherwise) or prospects of any material respect of the information previously provided to the Administrative Agent or the Banks (Borrower, OFSI and its Subsidiaries taken as a whole) , any Borrower and its Subsidiaries taken as a whole or indicates Caterair Holdings and its Subsidiaries taken as a whole from that set forth in the information previously provided omitted to disclose any material informationaudited financial statements of such Persons for their fiscal year ended December 31, 1996. (b) On or prior to the Restatement Effective Closing Date, all necessary governmental (domestic and foreign) and third party approvals and/or consents in connection with this Agreement and the consummation of the Transaction and the transactions contemplated by the Documents and otherwise referred to or contemplated herein or therein shall have been (or will, within the time frame required, be) obtained and remain in full effect, and all applicable waiting periods shall have expired without any action being taken by any competent authority which restrains, prevents or imposes materially adverse conditions upon the consummation of all or any part of the Transaction or the other consummation of the transactions contemplated by this Agreement and the other Documents and or otherwise referred to herein or therein. Additionally, there shall not exist any judgment, order, injunction or other restraint issued or filed or a hearing seeking injunctive relief or other restraint pending or notified prohibiting or imposing materially adverse conditions upon all or any part the consummation of the Transaction, Transaction or the consummation of any other transactions contemplated by this Agreement and the Documents or otherwise referred to herein or therein or the making of the Loans or the issuance of Letters of Creditother Documents.