Common use of Burdensome Contracts Clause in Contracts

Burdensome Contracts. No Loan Party or Subsidiary is a party or subject to any contract, agreement or charter restriction that would reasonably be expected to have a Material Adverse Change. No Loan Party or Subsidiary is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreement, none of which prohibit the execution or delivery of any Loan Documents by a Loan Party nor the performance by a Loan Party of any obligations thereunder.

Appears in 6 contracts

Samples: Credit Agreement (BOISE CASCADE Co), Credit Agreement (BOISE CASCADE Co), Credit Agreement (BOISE CASCADE Co)

AutoNDA by SimpleDocs

Burdensome Contracts. No Loan Party or Subsidiary is a party or subject to any contract, agreement or charter restriction that would could reasonably be expected to have a Material Adverse ChangeEffect. No Loan Party or Subsidiary is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreementcontract, none of agreement or charter restriction which prohibit prohibits the execution or delivery of any Loan Documents by a Loan Party nor or the performance by a Loan Party of any obligations thereunder, except as shown on Schedule 9.1.16.

Appears in 4 contracts

Samples: Term Loan and Security Agreement (Birks Group Inc.), Term Loan and Security Agreement (Birks Group Inc.), Term Loan and Security Agreement (Birks & Mayors Inc.)

Burdensome Contracts. No Loan Party or Subsidiary is a party or subject to any contract, agreement or charter restriction that would could reasonably be expected to have a Material Adverse ChangeEffect. No Loan Party or Subsidiary is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreementcontract, none of agreement or charter restriction which prohibit prohibits the execution or delivery of any Loan Documents by a Loan Party nor or the performance by a Loan Party of any obligations thereunder, except as identified on Schedule 9.1.16.

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (Birks Group Inc.), Revolving Credit and Security Agreement (Birks Group Inc.), Revolving Credit and Security Agreement (Birks & Mayors Inc.)

Burdensome Contracts. No Loan Party or Subsidiary is a party or subject to any contract, agreement or charter restriction that would have or could reasonably be expected to have a Material Adverse ChangeEffect. No Loan Party or Subsidiary is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreement, none of which prohibit except as shown on Schedule 9.1.16 (Restrictive Agreements) No such Restrictive Agreement prohibits the execution execution, delivery or delivery performance of any Loan Documents Document by a Loan Party nor the performance by a Loan Party of any obligations thereunderParty.

Appears in 2 contracts

Samples: Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan, Security and Guaranty Agreement (Transport America, Inc.)

Burdensome Contracts. No Loan Party or Subsidiary thereof is a party or subject to any contract, agreement or charter restriction that would could reasonably be expected to have a Material Adverse ChangeEffect. No Loan Party or Subsidiary thereof is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreement, none of which prohibit except as shown on Schedule 5.15. No such Restrictive Agreement prohibits the execution execution, delivery or delivery performance of any Loan Documents Document by a Loan Party nor the performance by a Loan Party of any obligations thereunderParty.

Appears in 1 contract

Samples: Term Loan Agreement (Summer Infant, Inc.)

Burdensome Contracts. No Loan Party or Subsidiary is a party or subject to any contract, agreement or charter restriction that would could reasonably be expected to have a Material Adverse ChangeEffect. No Loan Party or Subsidiary is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreement, none of which prohibit except as shown on Schedule 9.1.15. No such Restrictive Agreement prohibits the execution execution, delivery or delivery performance of any Loan Documents Document by a Loan Party nor the performance by a Loan Party of any obligations thereunderan Obligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Craftmade International Inc)

Burdensome Contracts. No Loan Party or Subsidiary is a party or subject to any contract, agreement or charter restriction that would could reasonably be expected to have a Material Adverse ChangeEffect. No Loan Party or Subsidiary is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreement, none of which prohibit except the execution Term Loan Documents and as shown on Schedule 8.1.16. No 69 such Restrictive Agreement prohibits the execution, delivery or delivery performance of any Loan Documents Document by a Loan Party nor the performance by a Loan Party of any obligations thereunderParty.

Appears in 1 contract

Samples: Credit Agreement (Wausau Paper Corp.)

AutoNDA by SimpleDocs

Burdensome Contracts. No Loan Party or Subsidiary is a party or subject to any contract, agreement or charter restriction that would could reasonably be expected to have a Material Adverse ChangeEffect. No Loan Party or Subsidiary is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreement, except as shown on Schedule 9.1.16, or as expressly permitted under this Agreement, none of which prohibit the execution or delivery of any Loan Documents by a Loan Party nor the performance by a Loan Party of any obligations thereunder.

Appears in 1 contract

Samples: Loan Agreement (M/a-Com Technology Solutions Holdings, Inc.)

Burdensome Contracts. No Loan Party or Subsidiary is a party or subject to any contract, agreement or charter restriction that would reasonably be expected to have a Material Adverse Change. No Loan Party or Subsidiary is party or subject to any Restrictive Agreement other than a Permitted 127255152_10 Restrictive Agreement, none of which prohibit the execution or delivery of any Loan Documents by a Loan Party nor the performance by a Loan Party of any obligations thereunder.

Appears in 1 contract

Samples: Credit Agreement (BOISE CASCADE Co)

Burdensome Contracts. No Loan Party or Subsidiary is a party or subject to any contract, agreement or charter restriction that would could reasonably be expected to have a Material Adverse ChangeEffect. No As of the Closing Date, no Loan Party or Subsidiary (other than any Excluded Subsidiary) is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreement, none of which prohibit except as shown on Schedule 9.1.15. No such Restrictive Agreement prohibits the execution execution, delivery or delivery performance of any Loan Documents Document by a Loan Party nor the performance by a Loan Party of any obligations thereunderParty.

Appears in 1 contract

Samples: Loan and Security Agreement (Computer Task Group Inc)

Burdensome Contracts. No Loan Party or Restricted Subsidiary is a party or subject to any contract, agreement or charter restriction that would restriction, the breach of which could reasonably be expected to have a Material Adverse ChangeEffect. No As of the Closing Date, no Loan Party or Restricted Subsidiary is party or subject to any Restrictive Agreement other than a Permitted Restrictive Agreement, none of which prohibit except as shown on Schedule 9.1.14. No Restrictive Agreement prohibits the execution execution, delivery or delivery performance of any Loan Documents Document by a any Loan Party nor the performance by a Loan Party of any obligations thereunderor Restricted Subsidiary.

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (Edgen Group Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.