Common use of Burdensome Contracts Clause in Contracts

Burdensome Contracts. No Obligor is a party or subject to any contract, agreement or charter restriction that could reasonably be expected to have a Material Adverse Effect. No Obligor or Subsidiary is party or subject to any Restrictive Agreement, except as shown on Schedule 8.1.15 (as such schedule may be amended or supplemented from time to time), none of which prohibit the execution or delivery of any Loan Documents by an Obligor nor the performance by an Obligor of any obligations thereunder.

Appears in 9 contracts

Samples: Term Loan Agreement (Apparel Holding Corp.), Term a Loan Agreement (Apparel Holding Corp.), Term Loan Agreement (Apparel Holding Corp.)

AutoNDA by SimpleDocs

Burdensome Contracts. No Obligor is a party or subject to any contract, agreement or charter restriction that could reasonably be expected to have a Material Adverse Effect. No Obligor or Subsidiary is party or subject to any Restrictive Agreement, except as shown on Schedule 8.1.15 9.1.16 (as such schedule may be amended or supplemented from time to time), none of which prohibit the execution or delivery of any Loan Documents by an Obligor nor the performance by an Obligor of any obligations thereunder.

Appears in 3 contracts

Samples: Credit Agreement (Apparel Holding Corp.), Credit Agreement (Apparel Holding Corp.), Loan and Security Agreement (Kellwood Co)

Burdensome Contracts. No Obligor is a party or subject to any contract, agreement or charter restriction that could reasonably be expected to have a Material Adverse Effect. No Obligor or Subsidiary is party or subject to any Restrictive Agreement, except as shown on Schedule 8.1.15 (as permitted under Section 10.2.14. No such schedule may be amended Restrictive Agreement prohibits the execution, delivery or supplemented from time to time), none of which prohibit the execution or delivery performance of any Loan Documents Document by an Obligor nor the performance by an Obligor of any obligations thereunderObligor.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Guess Inc), Loan, Guaranty and Security Agreement (Guess Inc)

Burdensome Contracts. No Obligor is a party or subject to any contract, agreement or charter restriction that could reasonably be expected to have a Material Adverse Effect. No Obligor or Subsidiary is party or subject to any Restrictive Agreement, except as shown on Schedule 8.1.15 (as permitted under Section 10.2.14. No such schedule may be amended Restrictive Agreement prohibits the execution, delivery or supplemented from time to time), none of which prohibit the execution or delivery performance of any Loan Documents Document by an Obligor nor the performance by an Obligor of any obligations thereunderObligor.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Guess Inc), Loan, Guaranty and Security Agreement (Guess Inc)

AutoNDA by SimpleDocs

Burdensome Contracts. No Obligor is a party or subject to any contract, agreement agreement, or charter restriction that or other corporate restriction, which has or could be reasonably be expected to have a Material Adverse Effect. No Obligor or Subsidiary Borrower nor PLC nor any of PLC's other Subsidiaries is a party or subject to any Restrictive AgreementAgreements, except as shown on Schedule 8.1.15 (as such schedule may be amended or supplemented from time to time)permitted in this Agreement, none of which prohibit the execution or delivery of any of the Loan Documents by an any Obligor nor or the performance by an any Obligor of its obligations under any obligations thereunderof the Loan Documents to which it is a party, in accordance with the terms of such Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Danka Business Systems PLC)

Burdensome Contracts. No Obligor is a party or subject to any contract, agreement or charter restriction that could reasonably be expected to have a Material Adverse Effect. No Obligor or Subsidiary is party or subject to any Restrictive Agreement, except as disclosed in any filing with the Securities and Exchange Commissions or shown on Schedule 8.1.15 9.1.15 (as such schedule Schedule may be amended or supplemented updated from time to timetime pursuant to Section 10.1.8). No such Restrictive Agreement prohibits the execution, none of which prohibit the execution delivery or delivery performance of any Loan Documents Document by an Obligor nor the performance by an Obligor of any obligations thereunderObligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Stonemor Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!