Compliance With Other Instruments; None Burdensome. Neither Borrower nor any Subsidiary is a party to any contract or agreement or subject to any charter or other corporate or other restriction which could reasonably be expected to have a Material Adverse Effect and which is not disclosed on Borrower's or any Subsidiary's financial statements heretofore submitted to the Banks; neither the execution and delivery by Borrower and the Subsidiaries of the Transaction Documents nor the consummation of the transactions therein contemplated has violated or will violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on Borrower or any Subsidiary, or any of the provisions of Borrower's or any Subsidiary's Articles of Incorporation, Bylaws, Articles of Organization, Operating Agreement or Partnership Agreement or any of the provisions of any indenture, agreement, document, instrument or undertaking to which Borrower or any Subsidiary is a party or subject, or by which it or its Property is bound, or conflict with or constitute a default thereunder or result in the creation or imposition of any Lien pursuant to the terms of any such indenture, agreement, document, instrument or undertaking (other than in favor of the Agent and/or the Banks pursuant to the Transaction Documents). No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any Governmental Authority, or any other Person is required to authorize, or is required in connection with, the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents that has not already been obtained.
Appears in 1 contract
Samples: Revolving Credit Agreement (Halter Marine Group Inc)
Compliance With Other Instruments; None Burdensome. Neither Borrower the Company nor any Subsidiary is a party to any contract or agreement or subject to any charter or other corporate corporate, limited liability company or other restriction which could reasonably be expected to have a Material Adverse Effect and which is not disclosed on Borrower's or any Subsidiarythe Company's financial statements heretofore submitted to the BanksAgent and each Lender; neither none of the execution and delivery by Borrower and the Subsidiaries Company and/or any Subsidiary of the Transaction Documents nor Documents, the consummation of the transactions therein contemplated has violated or the compliance with the provisions thereof will violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on Borrower the Company or any Subsidiary, or any of the provisions of Borrower's the Certificate or any Subsidiary's Articles of Incorporation, BylawsBy-Laws, Articles Certificate of Organization, Formation and/or Operating Agreement of the Company or Partnership Agreement any Subsidiary or any of the provisions of any indenture, agreement, document, instrument or undertaking to which Borrower the Company or any Subsidiary is a party or subject, or by which it the Company or its any Subsidiary or any Property of the Company or any Subsidiary is bound, or conflict with or constitute a default thereunder or result in the creation or imposition of any Lien pursuant to the terms of any such indenture, agreement, document, instrument or undertaking (other than in favor of the Agent and/or the Banks pursuant to the Transaction Documents). No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any Governmental Authoritygovernmental, regulatory, administrative or public body or authority, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents that has not already been obtainedDocuments.
Appears in 1 contract
Samples: Loan Agreement (Labarge Inc)
Compliance With Other Instruments; None Burdensome. Neither Borrower the Company nor any Subsidiary is a party to any contract or agreement or subject to any charter or other corporate or other restriction which could reasonably be expected to have a Material Adverse Effect and which is not disclosed on Borrower's or any Subsidiarythe Company's financial statements heretofore submitted to the BanksLender; neither none of the execution and delivery by Borrower and the Subsidiaries Company and/or any Subsidiary of the Transaction Documents nor Documents, the consummation of the transactions therein contemplated has violated or the compliance with the provisions thereof will violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on Borrower the Company or any Subsidiary, or any of the provisions of Borrower's the Certificate or Articles of Incorporation or By-Laws of the Company or any Subsidiary's Articles of Incorporation, Bylaws, Articles of Organization, Operating Agreement or Partnership Agreement Subsidiary or any of the provisions of any indenture, agreement, document, instrument or undertaking to which Borrower the Company or any Subsidiary is a party or subject, or by which it the Company or its any Subsidiary or any Property of the Company or any Subsidiary is bound, or conflict with or constitute a default thereunder or result in the creation or imposition of any Lien pursuant to the terms of any such indenture, agreement, document, instrument or undertaking (other than in favor of the Agent and/or the Banks Lender pursuant to the Transaction Documents). No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any Governmental Authoritygovernmental, regulatory, administrative or public body or authority, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents that has not already been obtainedDocuments.
Appears in 1 contract
Samples: Loan Agreement (Labarge Inc)
Compliance With Other Instruments; None Burdensome. Neither Borrower the Company nor any Subsidiary is a party to any contract or agreement or subject to any charter or other corporate corporate, limited liability company or other restriction which could reasonably be expected to have a Material Adverse Effect and which is not disclosed on Borrower's or any Subsidiary's the Company’s financial statements heretofore submitted to the BanksAgent and each Lender; neither none of the execution and delivery by Borrower and the Subsidiaries Company and/or any Subsidiary of the Transaction Documents nor Documents, the consummation of the transactions therein contemplated has violated or the compliance with the provisions thereof will violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on Borrower the Company or any Subsidiary, or any of the provisions of Borrower's the certificate or articles of incorporation, by-laws or other organizational documents of the Company or any Subsidiary's Articles of Incorporation, Bylaws, Articles of Organization, Operating Agreement or Partnership Agreement Subsidiary or any of the provisions of any indenture, agreement, document, instrument or undertaking to which Borrower the Company or any Subsidiary is a party or subject, or by which it the Company or its any Subsidiary or any Property of the Company or any Subsidiary is bound, or conflict with or constitute a default thereunder or result in the creation or imposition of any Lien pursuant to the terms of any such indenture, agreement, document, instrument or undertaking (other than in favor of the Agent and/or the Banks pursuant to the Transaction Documents). No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any Governmental Authoritygovernmental, regulatory, administrative or public body or authority, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents that has not already been obtainedDocuments.
Appears in 1 contract
Samples: Loan Agreement (Labarge Inc)
Compliance With Other Instruments; None Burdensome. Neither Borrower None of the -------------------------------------------------- Borrowers nor any Subsidiary is a party to any contract or agreement or subject to any charter or other corporate or other restriction which could reasonably be expected to have a Material Adverse Effect and which is not disclosed on Borrower's or any Subsidiary's Borrowers' financial statements heretofore submitted to the BanksLender; neither none of the execution and delivery by Borrower and any of the Subsidiaries Borrowers of the Transaction Documents nor Documents, the consummation of the transactions therein contemplated has violated or the compliance with the provisions thereof will violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on Borrower or any Subsidiaryof the Borrowers, or any of the provisions of Borrower's the Articles or Certificates of Incorporation or Bylaws of any Subsidiary's Articles of Incorporation, Bylaws, Articles of Organization, Operating Agreement or Partnership Agreement the Borrowers or any of the provisions of any indenture, agreement, document, instrument or undertaking to which Borrower or any Subsidiary of the Borrowers is a party or subject, or by which it any of the Borrowers or its any Property of any of the Borrowers is bound, or conflict with or constitute a default thereunder or result in the creation or imposition of any Lien pursuant to the terms of any such indenture, agreement, document, instrument or undertaking (other than in favor of the Agent and/or the Banks Lender pursuant to the Transaction Documents). No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any Governmental Authoritygovernmental, regulatory, administrative or public body or authority, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents that has not already been obtainedDocuments, other than filing of financing statements with respect to the Collateral and other than the recording of the Illinois Mortgage and the Ohio Mortgage.
Appears in 1 contract
Samples: Loan Agreement (Amrep Corp)
Compliance With Other Instruments; None Burdensome. Neither Borrower nor any Subsidiary is a party to any contract or agreement or subject to any charter or other corporate or other restriction which could reasonably be expected to have a Material Adverse Effect and which is not disclosed on Borrower's or any Subsidiary's ’s financial statements heretofore submitted to the Banks; neither Lender. None of the execution and delivery by Borrower and the Subsidiaries of the Transaction Documents nor Documents, the consummation of the transactions therein contemplated has violated or the compliance with the provisions thereof will violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on Borrower or any Subsidiary, or any of the provisions of Borrower's ’s Certificate or any Subsidiary's Articles of Incorporation, Bylaws, Articles of Organization, Operating Agreement Incorporation or Partnership Agreement By-Laws or any of the provisions of any indenture, agreement, document, instrument or undertaking to which Borrower or any Subsidiary is a party or subject, or by which it Borrower or its any Subsidiary or any Property of Borrower or any Subsidiary is bound, or conflict with or constitute a default thereunder or result in the creation or imposition of any Lien pursuant to the terms of any such indenture, agreement, document, instrument or undertaking (other than in favor of the Agent and/or the Banks Lender pursuant to the Transaction Documents). No order, consent, approval, permit, license, authorization or validation of, or filing, recording or registration with, or exemption by, any Governmental Authoritygovernmental, regulatory, administrative or public body or authority, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents that has not already been obtainedother than the filing of Uniform Commercial Code financing statements as described in Sections 3.01(aa) and 3.03(h).
Appears in 1 contract
Samples: Financing Agreement (Vanguard Car Rental Group Inc.)