Common use of Inconsistent Agreements Clause in Contracts

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assets.

Appears in 5 contracts

Samples: Credit Agreement (U S Plastic Lumber Corp), Credit Agreement (U S Plastic Lumber Corp), Credit Agreement (Regal Beloit Corp)

AutoNDA by SimpleDocs

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any material agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 4 contracts

Samples: Credit Agreement (Layne Christensen Co), Credit Agreement (Weston Roy F Inc), Credit Agreement (Video Update Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 3 contracts

Samples: Credit Agreement (American Italian Pasta Co), Credit Agreement (American Italian Pasta Co), Credit Agreement (American Italian Pasta Co)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assets.

Appears in 3 contracts

Samples: Credit Agreement (United Road Services Inc), Credit Agreement (U S Liquids Inc), Credit Agreement (U S Liquids Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, ----------------------- enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company Parent or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit Parent, the Company or any Subsidiary of the Company (other than any Special Purpose Vehicle) from granting to the Administrative Collateral Agent, for the benefit of the BanksLenders, a Lien on any of its assets.

Appears in 3 contracts

Samples: Quarterly Report, Term Loan Agreement (United Rentals North America Inc), Term Loan Agreement (United Rentals North America Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assets.

Appears in 3 contracts

Samples: Credit Agreement (Synagro Technologies Inc), Credit Agreement (Santi Group Inc /Ga), Credit Agreement (Synagro Technologies Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company Borrower hereunder or by the performance by the Company Borrower or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 2 contracts

Samples: Credit Agreement (Bingham Financial Services Corp), Credit Agreement (Bingham Financial Services Corp)

Inconsistent Agreements. Not, and not permit any Subsidiary to, ----------------------- enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assets.

Appears in 2 contracts

Samples: Credit Agreement (United Rentals Inc), Credit Agreement (United Road Services Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company Borrower hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetshereunder.

Appears in 2 contracts

Samples: Multicurrency Credit Agreement (Applied Power Inc), Multicurrency Credit Agreement (Applied Power Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, ----------------------- enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company a Borrower hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetshereunder.

Appears in 2 contracts

Samples: Credit Agreement (Applied Power Inc), Multicurrency Credit Agreement (Applied Power Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, ----------------------- enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assets.

Appears in 1 contract

Samples: Credit Agreement (United Rentals Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, ----------------------- enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company Parent or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary of the Company from granting to the Administrative Collateral Agent, for the benefit of the BanksLenders, a Lien on any of its assets.

Appears in 1 contract

Samples: Term Loan Agreement (United Rentals Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company Parent or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit Parent, the Company or any Subsidiary of the Company (other than any Special Purpose Vehicle) from granting to the Administrative Collateral Agent, for the benefit of the BanksLenders, a Lien on any of its assets.

Appears in 1 contract

Samples: Term Loan Agreement (United Rentals Inc /De)

Inconsistent Agreements. Not, and not permit any Subsidiary to, ----------------------- enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company Parent or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary of the Company from granting to the Administrative Collateral Agent or either Agent, for the benefit of the Banks, a Lien on any of its assets.

Appears in 1 contract

Samples: Credit Agreement (United Rentals Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining making of any Letter of Credit, by the Company hereunder Loan or by the performance by the Company or any Subsidiary of any Borrower of its obligations hereunder or under any Related Agreement or the performance by any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any Obligor of its assetsobligations under any Related Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Elxsi Corp /De//)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any material agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company either Borrower hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 1 contract

Samples: Credit Agreement (Heisley Michael E Et Al)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company Borrower hereunder or by the performance by the Company Borrower or any Subsidiary of any of its their obligations hereunder or under any other Loan Document or (b) would prohibit the Company Borrower or any Subsidiary from granting to the Administrative Agent, for the benefit of the BanksBank, a Lien on any of its their assets.

Appears in 1 contract

Samples: Credit Agreement (Mechanical Technology Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any material agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, Borrowing by the Company Borrower hereunder or by the performance by the Company Borrower or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 1 contract

Samples: Credit Agreement (Capital Environmental Resource Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Subordinated Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (Synagro Technologies Inc)

AutoNDA by SimpleDocs

Inconsistent Agreements. Not, and not permit any Subsidiary to, ----------------------- enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 1 contract

Samples: Credit Agreement (Elgin National Industries Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company Borrowers hereunder or by the performance by the Company Borrowers or any Subsidiary of any of its their obligations hereunder or under any other Loan Document or (b) would prohibit the Company Borrowers or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its their assets.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, ----------------------- enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company Parent or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit Parent, the Company or any Subsidiary of the Company from granting to the Administrative Collateral Agent, for the benefit of the BanksLenders, a Lien on any of its assets.

Appears in 1 contract

Samples: Term Loan Agreement (United Rentals North America Inc)

Inconsistent Agreements. Not, and not permit any Domestic Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company Borrowers hereunder or by the performance by the Company Borrowers or any Subsidiary of any of its their obligations hereunder or under any other Loan Document or (b) would prohibit the Company Borrowers or any Subsidiary from granting to the Administrative Agent, for the benefit of the BanksBank, a Lien on any of its their assets.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 1 contract

Samples: Credit Agreement (United Waste Systems Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter ----------------------- into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assets.

Appears in 1 contract

Samples: Credit Agreement (United Road Services Inc)

Inconsistent Agreements. Not, and not permit any Restricted Subsidiary in the Financial Group to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of borrowing by any Letter of Credit, by the Company Borrower hereunder or by the performance by the Company or any Restricted Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 1 contract

Samples: Credit Agreement (Hollinger International Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, ----------------------- enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, by the Company hereunder or by the performance by the Company Parent or any Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit Parent, the Company or any Subsidiary of the Company from granting to the Administrative Collateral Agent or either Agent, for the benefit of the Banks, a Lien on any of its assets.

Appears in 1 contract

Samples: Credit Agreement (United Rentals North America Inc)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter ----------------------- into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Subordinated Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (GTCR Golder Rauner LLC)

Inconsistent Agreements. Not, and not permit any Subsidiary to, enter into any agreement containing any provision which would (a) would be violated or breached by any borrowing, or the obtaining of any Letter of Credit, borrowing by the Company hereunder or by the performance by the Company or any Subsidiary of any of its obligations hereunder or under any other Loan Document or Document, (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the BanksLenders, a Lien on any of its assets.assets or (c)

Appears in 1 contract

Samples: Credit Agreement (Cupertino Electric Inc)

Inconsistent Agreements. Not, and not permit any Restricted Subsidiary to, enter into any agreement containing any provision which (a) would be violated or breached by any borrowing, or the obtaining of borrowing by any Letter of Credit, by the Company Borrower hereunder or by the performance by the Company or any Restricted Subsidiary of any of its obligations hereunder or under any other Loan Document or (b) would prohibit the Company or any Subsidiary from granting to the Administrative Agent, for the benefit of the Banks, a Lien on any of its assetsDocument.

Appears in 1 contract

Samples: Fifth Amended and Restated Credit Agreement (Hollinger International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!