Common use of No adverse consequences Clause in Contracts

No adverse consequences. (a) It is not necessary under the laws of its Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 23 contracts

Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.), Facilities Agreement (StarTek, Inc.)

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No adverse consequences. (a) It is not necessary under the laws of its Relevant Jurisdictions: (i) in order to enable any Finance Party the Lender to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party the Lender should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party The Lender is not or will not be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 4 contracts

Samples: Uncommitted Borrowing Base Facility Agreement (Hafnia LTD), Uncommitted Borrowing Base Facility Agreement (Hafnia LTD), Uncommitted Borrowing Base Facility Agreement (Hafnia LTD)

No adverse consequences. (a) It Subject to the Legal Reservations, it is not necessary under the laws of its Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 4 contracts

Samples: Facility Agreement, Permanent Facility Agreement (Groupe Eurotunnel SA), Permanent Facility Agreement (Groupe Eurotunnel SA)

No adverse consequences. (a) It is not necessary under the laws of its the Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 4 contracts

Samples: Revolving Facilities Agreement (Molson Coors Brewing Co), Unsecured Uncommitted Revolving Facilities Agreement (Molson Coors Brewing Co), Revolving Facilities Agreement (Molson Coors Brewing Co)

No adverse consequences. (a) It is not necessary under the laws of its Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance DocumentDocument other than pursuant to Clause 20 (Tax gross up and indemnities); or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 3 contracts

Samples: Term Facility Agreement (Manchester United PLC), Term Facility Agreement (Manchester United PLC), Revolving Facilities Agreement (Manchester United Ltd.)

No adverse consequences. (a) 19.30.1 It is not necessary under the laws of its Relevant Jurisdictions: (ia) in order to enable any Finance Party to enforce its rights under any Finance Document; or (iib) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, , (c) that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) 19.30.2 No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 2 contracts

Samples: Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD)

No adverse consequences. (a) It is not necessary under the laws of its Relevant Jurisdictionsjurisdiction of incorporation: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions.Original Jurisdiction; and (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions Jurisdiction by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 2 contracts

Samples: Facility Agreement (Global Ship Lease, Inc.), Credit Agreement (Global Ship Lease, Inc.)

No adverse consequences. (a) It is not necessary under the laws of its Relevant Jurisdictions: relevant jurisdictions, (i) in order to enable any Finance Financing Party to enforce its rights under any Finance Financing Document; or , or (ii) by reason of the execution of any Finance Financing Document or the performance by it of any of its obligations under any Finance Financing Document, that any Finance Financing Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictionsrelevant jurisdictions. (b) No Finance Financing Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions relevant jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Financing Document.

Appears in 2 contracts

Samples: Credit Agreement (Nii Holdings Inc), Credit Agreement (Nii Holdings Inc)

No adverse consequences. (a) It is not necessary under the laws of its Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document, provided that certain enforcement actions may require a Finance Party to qualify in applicable Relevant Jurisdictions.

Appears in 1 contract

Samples: Term Facility Agreement (Enstar Group LTD)

No adverse consequences. (a) It is not necessary under the laws of its any Obligor’s Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Loan Agreement (Melco Crown Entertainment LTD)

No adverse consequences. (a) It is not necessary under the laws of its Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations obligation under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Term Facility Agreement (Tongjitang Chinese Medicines Co)

No adverse consequences. (aA) It is not necessary under the laws of its Relevant Jurisdictions: (i1) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii2) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (bB) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Endava PLC)

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No adverse consequences. (a) It is not necessary under the laws of its Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Secured Revolving Facility Agreement (Klondex Mines LTD)

No adverse consequences. (a) It is not necessary under the laws of its any Obligor’s Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions.; and (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Senior Facilities Agreement (Melco PBL Entertainment (Macau) LTD)

No adverse consequences. (a) 20.29.1 It is not necessary under the laws of its Relevant Jurisdictions: (ia) in order to enable any Finance Party to enforce its rights under any Finance Document; or (iib) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) 20.29.2 No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Enstar Group LTD)

No adverse consequences. (a) It is not necessary under the laws of its Relevant Jurisdictions: (i) in order to enable any Finance Party the Lender to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party the Lender should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or The Lender will not be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Loan Agreement (Melco Crown Entertainment LTD)

No adverse consequences. (a) 20.28.1 It is not necessary under the laws of its Relevant JurisdictionsJurisdiction: (ia) in order to enable any a Finance Party to enforce its rights under any Finance Document; or (iib) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant JurisdictionsJurisdiction. (b) 20.28.2 No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions Jurisdiction by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Facility Agreement (Central European Distribution Corp)

No adverse consequences. (a) 19.26.1 It is not necessary under the laws of its Relevant JurisdictionsJurisdiction: (ia) in order to enable any a Finance Party to enforce its rights under any Finance Document; or (iib) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant JurisdictionsJurisdiction. (b) 19.26.2 No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions Jurisdiction by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Distribution Agreement (Central European Distribution Corp)

No adverse consequences. (a) 19.30.1 It is not necessary under the laws of its any Relevant JurisdictionsJurisdiction: (ia) in order to enable any a Finance Party to enforce its rights under any Finance Document; or (iib) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any a Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No 19.30.2 A Finance Party is not or will not be deemed to be resident, domiciled or carrying on business in its any Relevant Jurisdictions Jurisdiction by reason only of the execution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Facilities Agreement (Elbit Imaging LTD)

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