Common use of No adverse consequences Clause in Contracts

No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 its jurisdiction of incorporation; and (b) no Finance Party is or will be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry into, performance and/or enforcement of any Finance Document.

Appears in 14 contracts

Samples: Facility Agreement (TTM Technologies Inc), Credit Agreement, Facility Agreement (TTM Technologies Inc)

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No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 its jurisdiction of incorporation; and (b) no Finance Party is or will be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry intoexecution, performance and/or enforcement of any Finance Document.

Appears in 9 contracts

Samples: Secured Coordination Agreement (Rhodia), Multicurrency Revolving Credit and Guarantee Facility (Rhodia), Facilities Agreement (Preem Holdings Ab Publ)

No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any a Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 its jurisdiction of incorporation; and. (b) no No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry into, performance and/or enforcement of any Finance Document.

Appears in 8 contracts

Samples: Credit Facility Agreement (Ocean Rig UDW Inc.), Credit Facility Agreement (Ocean Rig UDW Inc.), Credit Facility Agreement (DryShips Inc.)

No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any Finance Party to enforce its rights under any Finance Documentthis Deed; or (ii) by reason of the entry into of any Finance Document this Deed or the performance by it of its obligations under any Finance Documentthis Deed, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in its jurisdiction of incorporation; and. (b) no No Finance Party is or nor will be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry into, performance and/or enforcement of any Finance Documentthis Deed.

Appears in 3 contracts

Samples: Account Charge (Yingli Green Energy Holding Co LTD), Security Agreement (Yingli Green Energy Holding Co LTD), Share Mortgage (Yingli Green Energy Holding Co LTD)

No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any Finance Party the Lender to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 its jurisdiction of incorporation; and (b) no Finance Party the Lender is not or will not be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry into, performance and/or enforcement of any Finance Document.

Appears in 2 contracts

Samples: Facility Agreement (SK Ecoplant Co., Ltd.), Facility Agreement (SK Ecoplant Co., Ltd.)

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

Appears in 2 contracts

Samples: Sponsor Guarantee (Ocean Rig UDW Inc.), Sponsor Guarantee (Ocean Rig UDW Inc.)

No adverse consequences. As at the date of this Agreement and the Closing Date: (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 its jurisdiction of incorporation; and (b) no Finance Party is or will be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry into, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Credit Agreement (MGM Resorts International)

No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any a Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 onbusiness in its jurisdiction of incorporation; and. (b) no No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry into, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Credit Facility Agreement (DryShips Inc.)

No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 its each Borrower's jurisdiction of incorporation; and (b) no No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry intoexecution, performance and/or enforcement of any Finance Document.

Appears in 1 contract

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

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No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 its jurisdiction of incorporation; andthat jurisdiction. (b) no No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its that jurisdiction of incorporation by reason only of the entry into, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Facility Agreement (eHi Car Services LTD)

No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any a Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 its jurisdiction of incorporation; and. (b) no No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry into, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Credit Facility Agreement (Ocean Rig UDW Inc.)

No adverse consequences. (a) It is not necessary under the laws of its jurisdiction of incorporation: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the entry into 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 its jurisdiction of incorporation; and (b) no Finance Party is or will be deemed to be resident, domiciled or carrying on business in its jurisdiction of incorporation by reason only of the entry into, performance and/or enforcement of any Finance Document.

Appears in 1 contract

Samples: Credit Agreement (Merix Corp)

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

Appears in 1 contract

Samples: Facilities Agreement (Mechel OAO)

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

Appears in 1 contract

Samples: Credit Facilities Agreement

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