Common use of Material Contracts; Burdensome Restrictions Clause in Contracts

Material Contracts; Burdensome Restrictions. Schedule 6.1.21 lists, as of the Closing Date, all Material Contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts. All such Material Contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party or Subsidiary. None of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse Change.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Freemarkets Inc), Credit Agreement (Freemarkets Inc)

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Material Contracts; Burdensome Restrictions. Schedule SCHEDULE 6.1.21 lists, as of the Closing Date, lists all Material Contracts material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts. All such Material Contracts material contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party or Subsidiary. None of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse Change.

Appears in 2 contracts

Samples: Revolving Credit Facility (Rainbow Rentals Inc), Credit Agreement (Rent Way Inc)

Material Contracts; Burdensome Restrictions. Schedule 6.1.21 lists, as of the Closing Date, 6.20 lists all Material Contracts material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts, as of the date of this Agreement. All such Material Contracts material contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunderthereunder with respect to any Loan Party or, to the any Loan Parties' Party’s actual knowledge, with respect to parties other than such Loan Party or SubsidiaryParty. None of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which which, individually or in the aggregate, could reasonably be expected to result in a any Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)

Material Contracts; Burdensome Restrictions. Schedule 6.1.21 lists, as of the Closing Date, 5.1.21 lists all Material Contracts material contracts relating to the business --------------- operations of each Loan Party and each Subsidiary of any Loan Party, including excluding all employee benefit plans and Labor Contracts. All such Material Contracts material contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party or Subsidiary. None of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could reasonably result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Audio Communications Network Inc)

Material Contracts; Burdensome Restrictions. Schedule 6.1.21 lists, as As of the Closing Date, Schedule 6.1.21 lists all Material Contracts material --------------- contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts. All such Material Contracts material contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party or Subsidiary. None of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Suburban Lodges of America Inc)

Material Contracts; Burdensome Restrictions. Schedule 6.1.21 lists, as of the Closing Date, 0 lists all Material Contracts material contracts relating to the business operations as of the date hereof of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts. All such Material Contracts material contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party or Subsidiary. None of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Compudyne Corp)

Material Contracts; Burdensome Restrictions. Schedule 6.1.21 lists, as of the Closing Date, SCHEDULE 5.1.20 lists all Material Contracts material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts. All such Material Contracts material contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party or Subsidiary. None To their knowledge, none of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Blair Corp)

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Material Contracts; Burdensome Restrictions. Schedule 6.1.21 lists, as of the Closing Date, 6.1.20 lists all Material Contracts material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts. All such Material Contracts material contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party or Subsidiary. None of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Compudyne Corp)

Material Contracts; Burdensome Restrictions. Schedule 6.1.21 5.1.20 lists, as of the Closing Date, all Material Contracts material contracts relating to the business operations of each the Loan Party and each Subsidiary of any Loan PartyParties, including all employee benefit plans and Labor Contracts. All such Material Contracts material contracts are valid, binding and enforceable upon such the Loan Party or Subsidiary Parties and each of the other parties thereto in accordance with their respective terms, terms subject to bankruptcy laws and other laws affecting creditors' rights generally and except as enforcement thereof is subject to the general principals of equity and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such . No Loan Party or Subsidiary. None of the Loan Parties or their Subsidiaries is nor is any Subsidiary bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Integrated Alarm Services Group Inc)

Material Contracts; Burdensome Restrictions. Schedule 6.1.21 lists, as of the Closing Date, lists all Material Contracts material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts. All such Material Contracts material contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party or Subsidiary. None To their knowledge, none of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Blair Corp)

Material Contracts; Burdensome Restrictions. Schedule 6.1.21 lists, as of the Closing Date, lists all Material Contracts material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts. All such Material Contracts material contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party or Subsidiary. None of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Standard Automotive Corp)

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