Common use of No Illegality Clause in Contracts

No Illegality. No law or regulation shall be applicable in the judgment of the Agent or the Board that restrains, prevents or imposes materially adverse conditions upon the transactions contemplated hereby.

Appears in 5 contracts

Samples: Loan Agreement (Us Airways Group Inc), Loan Agreement (Us Airways Group Inc), Loan Agreement (Us Airways Inc)

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No Illegality. No law or regulation shall be applicable in the judgment of the Administrative Agent or the Board that restrains, prevents or imposes materially adverse conditions upon the transactions contemplated hereby.

Appears in 3 contracts

Samples: Loan Agreement (Us Airways Inc), Loan Agreement (Us Airways Inc), Loan Agreement (Us Airways Group Inc)

No Illegality. No law or regulation shall be applicable in the judgment of the Agent any Lender or the Board that restrains, prevents or imposes materially adverse conditions upon the transactions contemplated hereby.

Appears in 3 contracts

Samples: Loan Agreement (Frontier Airlines Inc /Co/), Loan Agreement (Ata Holdings Corp), Loan Agreement (World Airways Inc /De/)

No Illegality. No law or regulation shall be applicable in the reasonable judgment of the Administrative Agent or the Board Lenders that restrains, prevents or imposes materially adverse conditions upon the transactions contemplated herebyTransactions.

Appears in 2 contracts

Samples: Second Lien Term Loan and Guaranty Agreement (Delta Air Lines Inc /De/), Second Lien Term Loan and Guaranty Agreement (Delta Air Lines Inc /De/)

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No Illegality. No law or regulation shall be applicable in the reasonable judgment of the Agent Agents or the Board Lenders that restrains, prevents or imposes materially adverse conditions upon the transactions contemplated herebyTransactions.

Appears in 1 contract

Samples: Revolving Credit, Term Loan and Guaranty Agreement (Ual Corp /De/)

No Illegality. No law or regulation shall be applicable in the reasonable judgment of the Administrative Agent or the Board Lenders that restrains, prevents or imposes materially adverse conditions upon the transactions contemplated hereby.Transactions. (s)

Appears in 1 contract

Samples: Second Lien Term Loan and Guaranty Agreement

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