Common use of Burdensome Restrictions Clause in Contracts

Burdensome Restrictions. Neither the Borrower nor any of its Subsidiaries is a party to or otherwise bound by any indenture, loan or credit agreement or any lease or other agreement or instrument or subject to any charter, corporate, limited liability company or partnership restriction action which could reasonably be expected to have a Material Adverse Effect.

Appears in 7 contracts

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.)

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Burdensome Restrictions. Neither the The Borrower nor any of its Subsidiaries is not a party to or otherwise bound by any indenture, loan or credit agreement or any lease or other agreement or instrument or subject to any charter, corporate, limited liability company corporate or partnership restriction action which could reasonably be expected to have would foreseeably constitute a Material Adverse EffectOccurrence.

Appears in 2 contracts

Samples: Credit Agreement (Electromed, Inc.), Credit Agreement (Electromed, Inc.)

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Burdensome Restrictions. Neither of the Borrower nor any Borrowers and none of its their Subsidiaries is a party to or otherwise bound by any indenture, loan or credit agreement or any lease or other agreement or instrument or subject to any charter, corporate, limited liability company corporate or partnership restriction action which could reasonably be expected to would foreseeably have a Material Adverse Effectmaterial adverse effect on the business, properties, assets, operations or condition (financial or otherwise) of the Borrowers and the Subsidiaries taken as a whole or on the ability of the Borrowers and the Subsidiaries to carry out their obligations under any Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Pilgrim America Capital Corp)

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