Common use of Legality Clause in Contracts

Legality. The making of the initial Loans or the issuance of any Letters of Credit shall not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C Issuer.

Appears in 20 contracts

Samples: Financing Agreement (Funko, Inc.), Financing Agreement (Funko, Inc.), Financing Agreement (Funko, Inc.)

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Legality. The making of the initial Loans or and the issuance of any Letters the initial Letter of Credit shall not contravene any law, rule or regulation applicable to any AgentCIT, any Lender the Lenders or the L/C Letter of Credit Issuer.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Best Products Co Inc), Credit Agreement (Genesis Direct Inc), Revolving Credit Agreement (Sun Television & Appliances Inc)

Legality. The making of the initial Loans or the issuance of any Letters of Credit shall not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C IssuerSecured Party.

Appears in 6 contracts

Samples: Financing Agreement (Alj Regional Holdings Inc), Financing Agreement (Alj Regional Holdings Inc), Financing Agreement (Alj Regional Holdings Inc)

Legality. The making of the initial Loans or the issuance of any Letters of Credit shall not contravene any law, rule or regulation applicable to any Agent, Agent or any Lender or the L/C IssuerLender.

Appears in 5 contracts

Samples: Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC)

Legality. The making of the initial Loans or the issuance of any Letters Letter of Credit Accommodations shall not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C Issuer.

Appears in 5 contracts

Samples: Financing Agreement (Oglebay Norton Co /Ohio/), Financing Agreement (Oglebay Norton Co /Ohio/), Financing Agreement (Solutia Inc)

Legality. The making of the initial Loans or the issuance of any Letters the -------- initial Letter of Credit shall not contravene any law, rule or regulation applicable to any Agent, any Lender the Lenders or the L/C Issuer.

Appears in 2 contracts

Samples: Financing Agreement (McNaughton Apparel Group Inc), Financing Agreement (Happy Kids Inc)

Legality. The making of the any initial Loans or the issuance of any Letters of Credit shall not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C IssuerSecured Party.

Appears in 2 contracts

Samples: Financing Agreement (Alj Regional Holdings Inc), Financing Agreement (Alj Regional Holdings Inc)

Legality. The making of the initial Loans or the issuance of any Letters the initial Letter of Credit shall not contravene any law, rule or regulation applicable to any Agent, any Lender the Lenders or the L/C Issuer.

Appears in 2 contracts

Samples: Financing Agreement (Aris Industries Inc), Financing Agreement (Norton McNaughton Inc)

Legality. The making of the initial Loans or the issuance of any initial Letters of Credit shall not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C Issuer.

Appears in 2 contracts

Samples: Financing Agreement (Aaipharma Inc), Financing Agreement (Aaipharma Inc)

Legality. The making of the initial Revolving Loans or the issuance of any Letters of Credit shall not contravene any law, rule or regulation applicable to any the Agent, any Lender the Lenders, or the L/C Issuer.

Appears in 2 contracts

Samples: Financing Agreement (Frederick's of Hollywood Group Inc /Ny/), Financing Agreement (Movie Star Inc /Ny/)

Legality. The making of the initial Loans or the issuance of any Letters of Credit shall not contravene any law, rule or regulation applicable to any Agentthe Agents, any Lender the Lenders or the L/C Issuer.

Appears in 2 contracts

Samples: Financing Agreement (Outsource International Inc), Financing Agreement (High Voltage Engineering Corp)

Legality. The making of the initial Loans or -------- the issuance of any Letters Letter of Credit Accommodations shall not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C Issuer.

Appears in 1 contract

Samples: Financing Agreement (Solutia Inc)

Legality. The making of the initial Loans or and the issuance of any Letters the initial Letter of Credit shall not contravene any law, rule or regulation applicable to any the Agent, any Lender or the L/C Indemnitor, the Lenders or the Letter of Credit Issuer.

Appears in 1 contract

Samples: Revolving Credit Agreement (Planet Hollywood International Inc)

Legality. The making of the initial Loans or the issuance of any Letters Letter of Credit shall Accommodations did not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C Issuer.

Appears in 1 contract

Samples: Financing Agreement (Milacron Inc)

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Legality. The making of the initial Loans or the issuance of any Letters Letter of Credit Accommodations shall not contravene any law, rule or regulation applicable to any the Agent, any Lender or the L/C Issuer.

Appears in 1 contract

Samples: Financing Agreement (Milacron Inc)

Legality. The making of the initial Loans or -------- the issuance of any Letters Letter of Credit shall not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C any Issuer.

Appears in 1 contract

Samples: Financing Agreement (Solutia Inc)

Legality. The making of the initial Loans or the issuance of any Letters of Credit Credit, if any, shall not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C Issuer.

Appears in 1 contract

Samples: Financing Agreement (Motorcar Parts America Inc)

Legality. The making of the initial Loans or the issuance of any Letters of Credit shall not contravene any law, rule or regulation applicable to any Agent, Borrowing Base Agent, any Lender or the L/C Issuerany Issuing Bank.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Proliance International, Inc.)

Legality. The making of the initial Loans or and the issuance of any Letters the initial Letter of Credit Credit, as applicable, shall not contravene any law, rule or regulation of any Governmental Authority applicable to any AgentCIT, any Lender the Lenders or the L/C Letter of Credit Issuer.

Appears in 1 contract

Samples: Credit Agreement (Gs Technologies Operating Co Inc)

Legality. The making of the initial Loans or the issuance of any Letters of Credit shall not contravene any law, rule or regulation applicable to any Agent, any Lender or the L/C Issuer.

Appears in 1 contract

Samples: Financing Agreement (Redback Networks Inc)

Legality. The making of the initial Loans or the issuance -------- of any Letters the initial Letter of Credit shall not contravene any law, rule or regulation applicable to any Agent, any Lender the Lenders or the L/C Issuer.

Appears in 1 contract

Samples: Financing Agreement (Norton McNaughton Inc)

Legality. The making of the initial Loans or the issuance of any Letters of Credit shall not contravene any law, rule or regulation applicable to any the Agent, any Lender or the L/C Issuer.

Appears in 1 contract

Samples: Financing Agreement (North Atlantic Trading Co Inc)

Legality. The making of the initial Loans or the issuance of any Letters the Support Letter of Credit shall not contravene any law, rule or regulation applicable to any Agentthe Agents, any Lender the Lenders or the L/C Issuer.

Appears in 1 contract

Samples: Financing Agreement (Decora Industries Inc)

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