Common use of Compliance of Agreement Clause in Contracts

Compliance of Agreement. LOAN DOCUMENTS AND BORROWING WITH LAWS, ETC. The execution, delivery and performance by the Credit Parties and their Subsidiaries of the Loan Documents to which each such Person is a party, in accordance with their respective terms, the borrowings hereunder and the transactions contemplated hereby do not and will not, by the passage of time, the giving of notice or otherwise, (i) require any of the Credit Parties or any of their Subsidiaries to obtain any Governmental Approval not otherwise already obtained or violate any Applicable Law relating to the Credit Parties or any of their Subsidiaries, (ii) conflict with, result in a breach of or constitute a default under the articles of incorporation, bylaws or other organizational documents of the Credit Parties or any of their Subsidiaries or any indenture or other material agreement or instrument to which such Person is a party or by which any of its properties may be bound or any Governmental Approval relating to such Person except as could not reasonably be expected to have a Material Adverse Effect, or (iii) result in or require the creation or imposition of any material Lien upon or with respect to any property now owned or hereafter acquired by such Person.

Appears in 2 contracts

Samples: Credit Agreement (Wausau Mosinee Paper Mills Corp), Credit Agreement (Wausau Mosinee Paper Mills Corp)

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Compliance of Agreement. LOAN DOCUMENTS AND BORROWING WITH LAWSThe execution and delivery by the Borrower and each Credit Party of this Agreement, ETC. The execution, the execution and delivery by the Borrower of the Amended and Restated Notes and the performance by each Credit Party of this Agreement and the performance by the Credit Parties and their Subsidiaries Borrower of the Loan Documents to which each such Person is a party, in accordance with their respective termsof this Agreement, the borrowings hereunder Credit Agreement and the transactions contemplated hereby Amended and Restated Notes do not and will not, by the passage of time, the giving of notice or otherwise, (i) require any of the Credit Parties or any of their Subsidiaries to obtain any Governmental Approval that has not otherwise already been obtained or violate any Applicable Law relating to any Credit Party where the Credit Parties failure to obtain such Governmental Approval or any of their Subsidiariessuch violation would reasonably be expected to have a Material Adverse Effect, (ii) conflict with, result in a breach of or constitute a default under the articles of incorporation, bylaws or other organizational documents of the any Credit Parties Party, (iii) conflict with, result in a breach of or constitute a default under any of their Subsidiaries or any indenture indenture, agreement or other material agreement or instrument to which such Person is a party or by which any of its properties may be bound or any Governmental Approval relating to such Person except as could not Person, which could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, or (iiiiv) result in or require the creation or imposition of any material Lien upon or with respect to any property now owned or hereafter acquired by such PersonPerson other than Permitted Liens.

Appears in 1 contract

Samples: Commitment Increase Agreement and Second Amendment to Credit Agreement (SYNAPTICS Inc)

Compliance of Agreement. LOAN DOCUMENTS AND BORROWING WITH LAWS, ETC. The execution, delivery and performance by the Credit Parties Borrowers and their Subsidiaries of the Loan Documents to which each such Person is a party, in accordance with their respective terms, the borrowings hereunder and the transactions contemplated hereby do not and will not, by the passage of time, the giving of notice or otherwise, (i) require any of the Credit Parties Borrowers or any of their Subsidiaries to obtain any Governmental Approval or approval of any other Person not otherwise already obtained or violate any Applicable Law relating to the Credit Parties Borrowers or any of their Subsidiaries, (ii) conflict with, result in a breach of or constitute a default under the articles of incorporation, bylaws or other organizational documents of the Credit Parties Borrowers or any of their Subsidiaries or any indenture or other material agreement or instrument to which such Person is a party or by which any of its properties may be bound or any Governmental Approval relating to such Person except as could not reasonably be expected to have a Material Adverse Effect, or (iii) result in or require the creation or imposition of any material Lien (other than a Lien permitted under Section 9.2) upon or with respect to any property now owned or hereafter acquired by such Person.

Appears in 1 contract

Samples: Credit Agreement (Equifax Inc)

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Compliance of Agreement. LOAN DOCUMENTS AND BORROWING WITH LAWSLoan Documents and Borrowing with Laws, ETC---------------------------------------------------------------- Etc. The execution, delivery and performance by the Credit Parties Borrowers and their --- Subsidiaries of the Loan Documents to which each such Person is a party, in accordance with their respective terms, the borrowings hereunder and the transactions contemplated hereby do not and will not, by the passage of time, the giving of notice or otherwise, (i) require any of the Credit Parties Borrowers or any of their Subsidiaries to obtain any Governmental Approval or approval of any other Person not otherwise already obtained or violate any Applicable Law relating to the Credit Parties Borrowers or any of their Subsidiaries, (ii) conflict with, result in a breach of or constitute a default under the articles of incorporation, bylaws or other organizational documents of the Credit Parties Borrowers or any of their Subsidiaries or any indenture or other material agreement or instrument to which such Person is a party or by which any of its properties may be bound or any Governmental Approval relating to such Person except as could not reasonably be expected to have a Material Adverse Effect, or (iii) result in or require the creation or imposition of any material Lien (other than a Lien permitted under Section 9.2) upon or with respect to any property now owned or hereafter acquired by such Person.

Appears in 1 contract

Samples: Credit Agreement (Equifax Inc)

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