Common use of Adverse Transactions Clause in Contracts

Adverse Transactions. The Borrower shall not enter into or be a party to, or permit any of its Subsidiaries to enter into or be a party to, any transaction the performance of which in the future would be inconsistent with or has any reasonable likelihood of resulting in a breach of any covenant contained herein or give rise to a Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (Elder Beerman Stores Corp), Credit Agreement (Elder Beerman Stores Corp)

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Adverse Transactions. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into or be a party to, or permit any of its Subsidiaries to enter into or be a party to, any transaction the performance of which in the future would be inconsistent with or has any reasonable likelihood of resulting in a breach of any covenant contained herein or give rise to a Default or Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Elder Beerman Stores Corp)

Adverse Transactions. The Borrower shall not enter into or be a -------------------- party to, or permit any of its Restricted Subsidiaries to enter into or be a party to, any transaction the performance of which in the future would be inconsistent with or has any a reasonable likelihood of resulting in a breach of any covenant contained herein or give rise to a Default or Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Katz Media Group Inc)

Adverse Transactions. The Borrower shall will not enter into or be a party to, or and shall not permit any of its Subsidiaries to enter into or be a party to, any transaction the performance of which in the future would be inconsistent with or has would have any reasonable likelihood of resulting in a breach of any covenant contained herein or give rise to a Default or Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Reunion Industries Inc)

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Adverse Transactions. The Borrower shall not enter into or be a party to, or permit any of its Subsidiaries to enter into or be a party to, any transaction the performance of which in the future would be inconsistent 106 with or has any reasonable likelihood of resulting in a breach of any covenant contained herein or give rise to a Default or Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Elder Beerman Stores Corp)

Adverse Transactions. The Borrower shall not enter into or be a party to, or permit any of its Subsidiaries to enter into or be a party to, any transaction the performance of which in the future would be inconsistent with or has any reasonable likelihood of resulting in a could require the breach of any covenant contained herein or give rise to a Default or Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Heritage Media Corp)

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