Common use of No Legal Bar to Loans Clause in Contracts

No Legal Bar to Loans. The execution, delivery and performance of this Credit Agreement and the other Credit Documents by each of the Borrowers will not violate any provision of any existing law, treaty or regulation or of any order, judgment, award or decree of any court, arbitrator or Governmental Authority or of any Requirement of Law or Contractual Obligation applicable to the Borrowers and will not result in the creation or imposition of any Lien on any of the material properties or assets of any of the Borrowers pursuant to the provisions of any such Requirement of Law or Contractual Obligation except, to the extent such violation or Lien could not, individually or in the aggregate, reasonably be expected to cause a Material Adverse Change.

No Legal Bar to Loans. The execution, delivery and performance of this Credit Agreement and the other Credit Documents by each of the Borrowers Borrower will not violate any provision of any existing law, treaty or regulation or of any order, judgment, award or decree of any court, arbitrator or Governmental Authority or of any Requirement of Law or Contractual Obligation applicable to the Borrowers Borrower and will not result in the creation or imposition of any Lien on any of the material properties or assets of any of the Borrowers Borrower pursuant to the provisions of any such Requirement of Law or Contractual Obligation except, to the extent such violation or Lien could not, individually or in the aggregate, reasonably be expected to cause a Material Adverse Change.