Common use of No Illegalities Clause in Contracts

No Illegalities. It shall not be unlawful for the LENDER to perform any of the agreements or obligations imposed upon the LENDER by any of the LOAN DOCUMENTS or for any of the BORROWERS or the GUARANTOR to perform any of their respective agreements or obligations as provided by the LOAN DOCUMENTS.

Appears in 2 contracts

Samples: Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Avatech Solutions Inc)

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No Illegalities. It shall not be unlawful for the LENDER LENDERS to perform any of the agreements or obligations imposed upon the LENDER LENDERS by any of the LOAN CREDIT DOCUMENTS or for the BORROWER or any of the BORROWERS or the GUARANTOR GUARANTORS to perform any of their respective agreements or obligations as provided by the LOAN CREDIT DOCUMENTS.

Appears in 2 contracts

Samples: Loan and Security Agreement (Martek Biosciences Corp), Loan and Security Agreement (Martek Biosciences Corp)

No Illegalities. It shall not be unlawful for the LENDER to perform any of the agreements or obligations imposed upon the LENDER by any of the LOAN DOCUMENTS or for any of the BORROWERS BORROWERS, the GUARANTORS or the GUARANTOR LIMITED GUARANTORS to perform any of their respective agreements or obligations as provided by the LOAN DOCUMENTS.

Appears in 1 contract

Samples: Loan and Security Agreement (Gse Systems Inc)

No Illegalities. It shall not be unlawful for the LENDER LENDERS to perform any of the agreements or obligations imposed upon the LENDER LENDERS by any of the LOAN DOCUMENTS or for any of the BORROWERS or the GUARANTOR to perform any of their respective agreements or obligations as provided by the LOAN DOCUMENTS.

Appears in 1 contract

Samples: Credit Agreement (Dover Motorsports Inc)

No Illegalities. It shall not be unlawful for the LENDER to perform any of the agreements or obligations imposed upon the LENDER by any of the LOAN DOCUMENTS or for any either of the BORROWERS or the GUARANTOR GUARANTORS to perform any of their respective agreements or obligations as provided by the LOAN DOCUMENTS.

Appears in 1 contract

Samples: Loan and Security Agreement (Imtek Office Solutions Inc)

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No Illegalities. It shall not be unlawful for the LENDER to perform any of the agreements or obligations imposed upon the LENDER by any of the LOAN DOCUMENTS or for any of the BORROWERS BORROWER or the GUARANTOR GUARANTORS to perform any of their respective agreements or obligations as provided by the LOAN DOCUMENTS.

Appears in 1 contract

Samples: Loan and Security Agreement (Avatech Solutions Inc)

No Illegalities. It shall not be unlawful for the LENDER to perform any of the agreements or obligations imposed upon the LENDER by any of the LOAN DOCUMENTS or for any of the BORROWERS or the GUARANTOR BORROWER to perform any of their respective its agreements or obligations as provided by the LOAN DOCUMENTS.

Appears in 1 contract

Samples: Loan and Security Agreement (Accom Inc)

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