Burdensome Obligations; Future Expenditures. No Company Party or any of its Subsidiaries is a party to or bound by any agreement, instrument, deed, lease or other document, or is subject to any charter, bylaw or other restriction, commitment or requirement, which, in the opinion of its management, is so unusual or burdensome that in the foreseeable future it could have a Material Adverse Effect. No Company Party or any of its Subsidiaries anticipates that future expenditures, if any, by the Company Parties or any of their respective Subsidiaries needed to meet the provisions of any Applicable Law will be so burdensome as to have or cause, or create a material risk of having or causing, a Material Adverse Effect.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp), Securities Purchase Agreement (Overhill Farms Inc), Securities Purchase Agreement (Overhill Farms Inc)
Burdensome Obligations; Future Expenditures. No Company Party or any of its Subsidiaries Subsidiary is a party to or bound by any agreement, instrument, deed, lease or other document, or is subject to any charter, bylaw or other restriction, commitment or requirement, which, in the opinion of its management, is so unusual or burdensome that in the foreseeable future it could have a Material Adverse Effect. No Company Party or any of its Subsidiaries Subsidiary anticipates that future expenditures, if any, by the Company Parties or any of their respective Subsidiaries the Subsidiaries, as the case may be, needed to meet the provisions of any Applicable Law Laws will be so burdensome as to have or cause, or create a material risk of having or causing, a Material Adverse Effect.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Interdent Inc), Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp)
Burdensome Obligations; Future Expenditures. No Company Borrower Party or any of its Subsidiaries is a party to or bound by any agreement, instrument, deed, lease or other document, or is subject to any charter, bylaw or other restriction, commitment or requirement, which, in the opinion of its management, is so unusual or burdensome that in the foreseeable future it could have a Material Adverse Effect. No Company Borrower Party or any of its Subsidiaries anticipates that future expenditures, if any, by the Company Borrower Parties or any of their respective Subsidiaries needed to meet the provisions of any Applicable Law will be so burdensome as to have or cause, or create a material risk of having or causing, a Material Adverse Effect.
Appears in 2 contracts
Samples: Loan and Security Agreement (Levine Leichtman Capital Partners Ii Lp), Loan and Security Agreement (Overhill Farms Inc)