Common use of Burdensome Provisions Clause in Contracts

Burdensome Provisions. No Borrower or any of its Subsidiaries is a party to any indenture, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law compliance with the terms of which could reasonably be expected to have a Materially Adverse Effect on such Borrower and its Subsidiaries, taken as a whole.

Appears in 3 contracts

Samples: Loan and Security Agreement (Trism Inc /De/), Loan and Security Agreement (Trism Inc /De/), Trism Inc /De/

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Burdensome Provisions. No Neither such Borrower or nor any of its Subsidiaries is a party to any indenture, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law compliance with the terms of which could reasonably be expected to have a Materially Adverse Effect on such Borrower and its Subsidiaries, taken as a wholeEffect.

Appears in 2 contracts

Samples: Loan and Security Agreement (Winsloew Furniture Inc), Loan and Security Agreement (Winston Furniture Co of Alabama Inc)

Burdensome Provisions. No Neither the Borrower or nor any of its Subsidiaries is a party to any indenture, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law compliance with the terms of which could reasonably be expected to might have a Materially Adverse Effect on such the Borrower and or any of its Subsidiaries, taken as a whole.

Appears in 2 contracts

Samples: Loan and Security Agreement (Meadowcraft Inc), Loan and Security Agreement (Standard Commercial Corp)

Burdensome Provisions. No Neither the Borrower or nor any of its Subsidiaries is a party to any indenture, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law Law, compliance with the terms of which could reasonably be expected to have a Materially Adverse Effect on such the Borrower and or any of its Subsidiaries, taken as a whole.

Appears in 2 contracts

Samples: Loan and Security Agreement (Texfi Industries Inc), Loan and Security Agreement (Texfi Industries Inc)

Burdensome Provisions. No Borrower or any of its respective Subsidiaries is a party to any indenture, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law compliance with the terms of which could reasonably be expected to have a Materially Adverse Effect on such any Borrower and its Subsidiaries, taken as a whole.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tropical Sportswear International Corp), And Security Agreement (Tropical Sportswear International Corp)

Burdensome Provisions. No Neither the Borrower or nor any of its Subsidiaries is a party to any indenture, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law applicable law, compliance with the terms of which could reasonably be expected to have a Materially Adverse Effect on such Borrower and its Subsidiaries, taken as a wholeEffect.

Appears in 2 contracts

Samples: Loan and Security Agreement (International Comfort Products Corp), Loan and Security Agreement (International Comfort Products Corp)

Burdensome Provisions. No Borrower or nor any of its Subsidiaries is a party to any indenture, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law compliance with the terms of which could reasonably be expected to might have a Materially Adverse Effect on such Borrower and its Subsidiaries, taken as a wholeEffect.

Appears in 1 contract

Samples: Loan and Security Agreement (Ridgeview Inc)

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Burdensome Provisions. No Borrower None of the Borrowers or any of its their Subsidiaries is a party to or bound by any indenturecontract or applicable law, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law compliance with the terms of which could reasonably be expected to will have a Materially Adverse Effect materially adverse effect on such Borrower (a) the Borrowers and its Subsidiaries, their consolidated Subsidiaries taken as a whole, or (b) any Loan Document to which any of the Borrowers is a party or (c) the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Hvide Marine Inc)

Burdensome Provisions. No Borrower Borrower, no Guarantor or any of its their respective Subsidiaries is a party to any indenture, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law compliance with the terms of which could reasonably be expected to have a Materially Adverse Effect on such Borrower or such Guarantor and its their respective Subsidiaries, taken as a whole.

Appears in 1 contract

Samples: Loan and Security Agreement (Trism Inc /De/)

Burdensome Provisions. No Neither Borrower or nor any of its --------------------- Subsidiaries is a party to any indenture, agreement, lease or other instrument, or subject to any charter or corporate restriction, Governmental Approval or Applicable Law applicable law, compliance with the terms of which could reasonably be expected to might have a Materially Adverse Effect on such Borrower and its Subsidiaries, taken as a wholeEffect.

Appears in 1 contract

Samples: Loan and Security Agreement (Acr Group Inc)

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