Common use of No breach of laws Clause in Contracts

No breach of laws. 11.20.1 None of the Security Parties has breached any law or regulation which breach has or is reasonably likely to have a Material Adverse Effect. 11.20.2 No labour disputes are current or (to the best of the Borrower’s knowledge and belief) threatened against any member of the Group which have or are reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Secured Loan Agreement (Teekay LNG Partners L.P.), Secured Loan Agreement (Teekay LNG Partners L.P.)

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No breach of laws. 11.20.1 None of the Security Parties has breached any law or regulation which breach has or is reasonably likely to have a Material Adverse Effect. 11.20.2 No labour disputes are current or (to the best of the Borrower’s Borrowers’ knowledge and belief) threatened against any member of the Guarantor Group which have or are reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Secured Term Loan Facility Agreement, Secured Term Loan Facility Agreement (Teekay LNG Partners L.P.)

No breach of laws. 11.20.1 11.23.1 None of the Security Parties has breached any law or regulation which breach has or is reasonably likely to have a Material Adverse Effect. 11.20.2 11.23.2 No labour disputes are current or (to the best of the Borrower’s knowledge and belief) threatened against any member of the Group which have or are reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Facility Agreement, Senior Secured Revolving Credit Facility Agreement (Teekay Offshore Partners L.P.)

No breach of laws. 11.20.1 None of the Security Parties has breached any law or regulation which breach has or is reasonably likely to have a Material Adverse Effect. 11.20.2 No labour disputes are current or (to the best of the Borrower’s knowledge and belief) threatened against any member of the Borrower Group which have or are reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Secured Term Loan Facility Agreement (Teekay Tankers Ltd.)

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No breach of laws. 11.20.1 1. None of the Security Parties has breached any law or regulation which breach has or is reasonably likely to have a Material Adverse Effect. 11.20.2 2. No labour disputes are current or (to the best of the Borrower’s Borrowers' knowledge and belief) threatened against any member of the Guarantor Group which have or are reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Secured Term Loan Facility Agreement (Teekay LNG Partners L.P.)

No breach of laws. 11.20.1 11.22.1 None of the Security Parties has breached any law or regulation which breach has or is reasonably likely to have a Material Adverse Effect. 11.20.2 11.22.2 No labour disputes are current or (to the best of the Borrower’s knowledge and belief) threatened against any member of the a Group which have or are reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement

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