No Injunctions; etc. No action, proceeding, investigation, regulation or legislation shall have been instituted, threatened or proposed before any court, governmental agency or legislative body to enjoin, restrain or prohibit or to obtain substantial damages in respect of or which is related to or arises out of this Agreement or the consummation of the transactions contemplated hereby or which, in the Lender's sole discretion, would make it inadvisable to consummate the transactions contemplated by this Agreement.
Appears in 5 contracts
Samples: Loan and Security Agreement (Centennial Specialty Foods Corp), Loan Agreement (Us Franchise Systems Inc/), Loan and Security Agreement (Denali Inc)
No Injunctions; etc. No action, proceeding, investigation, regulation or legislation shall have been instituted, threatened or proposed before any court, governmental agency or legislative body to enjoin, restrain restrain, or prohibit prohibit, or to obtain substantial damages in respect of of, or which is related to or arises out of this Agreement or the consummation of the transactions contemplated hereby or which, in the Lender's ’s sole discretion, would make it inadvisable to consummate the transactions contemplated by this Agreement.
Appears in 3 contracts
Samples: Credit Agreement, Security Agreement (Benefitfocus,Inc.), Security Agreement (Benefitfocus,Inc.)
No Injunctions; etc. No action, proceeding, investigation, regulation or legislation shall have been instituted, threatened or proposed before any court, governmental agency or legislative body to enjoin, restrain or prohibit or to obtain substantial damages in respect of or which is related to or arises out of this Agreement or the consummation of the transactions contemplated hereby or which, in the Lender's Lenders' sole discretion, would make it inadvisable to consummate the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Supreme International Corp)
No Injunctions; etc. No action, proceeding, investigation, regulation or legislation shall have been instituted, threatened or proposed by or before any court, governmental agency or legislative body Governmental Authority to enjoin, restrain or prohibit prohibit, or to obtain substantial damages in respect of of, or which is related to or arises out of this Agreement or the consummation of the transactions contemplated hereby by this Agreement or which, in Agent's or the Lender's sole Lenders' reasonable discretion, would make it inadvisable to consummate the transactions contemplated by this Agreement.
Appears in 1 contract