Common use of No Illegalities Clause in Contracts

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

Appears in 2 contracts

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

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

Appears in 2 contracts

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

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

Appears in 1 contract

Samples: Credit Agreement (Dover Motorsports Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Accom Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Gse Systems Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Avatech Solutions Inc)

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