Common use of No Legal Bar Clause in Contracts

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 43 contracts

Samples: Credit Agreement (US Foods Holding Corp.), Abl Credit Agreement (US Foods Holding Corp.), Credit Agreement (US Foods Holding Corp.)

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No Legal Bar. The execution, delivery and performance of the Loan Documents by any of to which the Loan PartiesBorrower is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any material Requirement of Law (including, without limitation, the 0000 Xxx) or Contractual Obligation of such Loan Party in the Borrower or any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any material Lien (other than Permitted Liens) on any of its their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 15 contracts

Samples: Credit Agreement, Credit Agreement (Kayne Anderson MLP Investment CO), Credit Agreement (Kayne Anderson Midstream/Energy Fund, Inc.)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of to which the Loan PartiesBorrower is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in the Borrower or of any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 10 contracts

Samples: Credit Agreement (Reebok International LTD), Credit Agreement (Brown Tom Inc /De), Credit Agreement (Mastercard Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of to which the Loan PartiesBorrower is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any material Requirement of Law (including, without limitation, the 0000 Xxx) or Contractual Obligation of such Loan Party in the Borrower or any respect that would reasonably be expected to have a Material Adverse Effect of its Restricted Subsidiaries and (b) will not result in, or require, the creation or imposition of any material Lien (other than Permitted Liens) on any of its their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 6 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement (Kayne Anderson Energy Infrastructure Fund, Inc.)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by subsection 8.3) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 5 contracts

Samples: Credit Agreement (VWR International, Inc.), Credit Agreement (VWR International, Inc.), Credit Agreement (Hertz Corp)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Credit Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by subsection 8.3) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 5 contracts

Samples: Credit Agreement (Graphic Packaging Holding Co), Credit Agreement (Graphic Packaging International, LLC), Credit Agreement (Graphic Packaging International, LLC)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of to which the Loan Parties, Borrower is a party and the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) by the Borrower will not violate any Requirement of Law or any Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect the Borrower, and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation, except those in favor of the Lender provided herein.

Appears in 5 contracts

Samples: Loan Agreement (American Realty Capital - Retail Centers of America, Inc.), Loan Agreement (American Realty Capital Daily Net Asset Value Trust, Inc.), Loan Agreement (American Realty Capital Healthcare Trust Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of to which the Loan Parties, the Extensions of Credit hereunder Borrower is a party and the use of the proceeds thereof (a) borrowings hereunder will not violate any Requirement of Law or Contractual Obligation (other than as set forth on Schedule 3.4) of such Loan Party in the Borrower or of any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation (other than Liens created by the Security Documents).

Appears in 5 contracts

Samples: Term Loan Agreement (Infocrossing Inc), Term Loan Agreement (Midocean Capital Partners Lp), Acquisition Loan Agreement (Infocrossing Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, require the creation or imposition of any Lien (other than Permitted LiensLiens securing the Obligations) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 5 contracts

Samples: Credit Agreement (Atkore International Group Inc.), Credit Agreement (Atkore International Group Inc.), Credit Agreement (Atkore International Group Inc.)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan PartiesDocuments, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such any Loan Party in or of any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 4 contracts

Samples: Credit and Guarantee Agreement (Nbty Inc), Credit Agreement (Swisher International Group Inc), Credit and Guarantee Agreement (Anacomp Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would could reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by subsection 8.3) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 4 contracts

Samples: Credit Agreement (RSC Equipment Rental, Inc.), Credit Agreement (RSC Equipment Rental, Inc.), Credit Agreement (RSC Holdings Inc.)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of to which the Loan PartiesBorrower is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in the Borrower or of any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensany Lien created by the Loan Documents) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 4 contracts

Samples: Credit Agreement (Cogentrix Delaware Holdings Inc), Credit Agreement (Cogentrix Energy Inc), Credit Agreement (Cogentrix Energy Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Partiesto which each Obligor is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect Obligor and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 4 contracts

Samples: Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by Section 8.3) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 3 contracts

Samples: Credit Agreement (Herc Holdings Inc), Credit Agreement (Hertz Corp), Credit Agreement (Hertz Global Holdings Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents and the Transaction Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by subsection 8.3) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 3 contracts

Samples: Credit Agreement (Telex Communications Inc), Credit Agreement (Global Decisions Group LLC), Credit Agreement (Ev International Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the to which each Loan PartiesParty is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such any Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation (other than Liens created by the Security Documents in favor of the Lender).

Appears in 3 contracts

Samples: Credit Agreement (Merisel Inc /De/), Credit Agreement (Merisel Inc /De/), Credit Agreement (Merisel Inc /De/)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by Section 7.3) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 3 contracts

Samples: Credit Agreement (Nci Building Systems Inc), Credit Agreement (Nci Building Systems Inc), Investment Agreement (Nci Building Systems Inc)

No Legal Bar. The execution, delivery delivery, and performance of the Loan Documents by any of to which the Loan PartiesBorrower is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) thereof, will not violate any Requirement requirement of Law law or Contractual Obligation any contractual obligation of such Loan Party the Borrower or create or result in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (lien on the Collateral in favor of any party other than Permitted Liens) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligationthe Bank.

Appears in 2 contracts

Samples: Credit Agreement (Aero Systems Engineering Inc), Credit Agreement (Aero Systems Engineering Inc)

No Legal Bar. The execution, delivery and performance of the ------------ Loan Documents by any of the to which each Loan PartiesParty is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in or of any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensexcept pursuant to the Loan Documents to which it is a party) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 2 contracts

Samples: Credit Agreement (Pierce Leahy Corp), Credit Agreement (Pierce Leahy Corp)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan PartiesParty, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such any Loan Party entered into on or after the Petition Date in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by subsection 8.3) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 2 contracts

Samples: Credit and Guarantee Agreement (Sirva Inc), Credit and Guarantee Agreement

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Partiesto which each Borrower is a party, the Extensions issuance of Credit Letters of Credit, the Borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in Borrower or of any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 2 contracts

Samples: Credit and Guarantee Agreement (Reebok International LTD), Credit and Guarantee Agreement (Reebok International LTD)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of and the Loan PartiesInterest Rate Hedge Agreements, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan any Credit Party in or of any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (Lien, other than Permitted Liens) the Liens created pursuant to the Loan Documents, on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 2 contracts

Samples: Credit Agreement (Swisher International Group Inc), Credit Agreement (Swisher International Group Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder Term Loans and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 2 contracts

Samples: Credit Agreement (Servicemaster Global Holdings Inc), Credit Agreement (Servicemaster Global Holdings Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan PartiesDocuments, the Extensions of Credit hereunder and the use of the proceeds thereof (a) by each applicable Loan Party will not violate any Requirement of Law or Contractual Obligation of such any Loan Party in any respect that would which could reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation other than as contemplated in or permitted by the Loan Documents.

Appears in 2 contracts

Samples: Credit and Guarantee Agreement (Warren S D Co /Pa/), Credit and Guarantee Agreement (Twinlab Corp)

No Legal Bar. The execution, delivery and performance of the ------------ Loan Documents by any of the Loan Partiesto which Borrower is a party, the Extensions of Credit borrowing hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect Borrower and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Afc Enterprises Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such any Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by subsection 8.3) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Imagex Com Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by to which any of the Loan PartiesParty is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in the Company or of any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation (other than as required by the Loan Documents) in each case, which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Apogent Technologies Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.Effect,

Appears in 1 contract

Samples: Credit Agreement (Envision Healthcare Corp)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of to which the Loan Parties, the Extensions of Credit hereunder Lender is or is to become a party and the use of the proceeds thereof (a) Direct Loans hereunder will not violate result in a violation by the Lender of any material Requirement of Law or material Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect the Lender and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its properties or revenues pursuant to any such material Requirement of Law or material Contractual ObligationObligation of the Lender.

Appears in 1 contract

Samples: Funding Agreement (Republic Airways Holdings Inc)

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No Legal Bar. The execution, execution and delivery and performance of the Loan Documents by any obligations of the Loan PartiesParties under, the Extensions of Credit Loan Documents to which each Loan Party is a party, the borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such any Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation (other than Liens created by the Security Documents in favor of the Administrative Agent).

Appears in 1 contract

Samples: Credit Agreement (Steinway Musical Instruments Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by to which any of the Loan PartiesParty is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation (the violation of such Loan Party in any respect that would which could reasonably be expected to have a Material Adverse Effect Effect) or Contractual Obligation of such Loan Party or of any of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Deeptech International Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by Section 8.1) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Hertz Global Holdings Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by subsection 8.1) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Hertz Global Holdings Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan PartiesDocuments, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such any Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation (other than Liens created by the Security Documents in favour of the Agent).

Appears in 1 contract

Samples: Credit Agreement (Dominion Bridge Corp)

No Legal Bar. The execution, delivery and performance of the Loan Documents by to which the Borrower or any of the other Loan PartiesParties is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or material Contractual Obligation of such the Borrower or of any of the other Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect Parties and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.Obligation (other than the Loan Documents). 72 66

Appears in 1 contract

Samples: Credit Agreement (Hayes Lemmerz International Inc)

No Legal Bar. The execution, delivery and performance of the Loan ------------ Documents by any to which each of the Loan PartiesFunds and the Borrowers is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any material Requirement of Law (including, without limitation, the 0000 Xxx) or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect Fund or any Borrower and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Excelsior Tax Exempt Funds Inc)

No Legal Bar. The execution, delivery and performance of the Loan Credit Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement

No Legal Bar. The execution, delivery and performance of the Loan ------------ Documents by any to which each of the Loan PartiesFunds and the Borrowers is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any material Requirement of Law (including, without limitation, the 1940 Act) or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect Fund or any Borrower and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Excelsior Funds Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of to which the Loan PartiesBorrower is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in the Borrower or of any respect that would reasonably be expected to have a Material Adverse Effect of its Subsidiaries and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) Lien, except as contemplated by this Agreement, on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Security Agreement (Standard Microsystems Corp)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual ObligationLaw.

Appears in 1 contract

Samples: Credit Agreement (Abacus Life, Inc.)

No Legal Bar. The execution, delivery and performance of the Loan Documents by and Acquisition Documents to which any of the Loan PartiesParty is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such any indenture, agreement or other instrument to which any Loan Party in is a party or by which it or any respect that would reasonably be expected to have a Material Adverse Effect of its Property is bound and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligationany such indenture, agreement or other instrument.

Appears in 1 contract

Samples: Credit Agreement (Gencor Industries Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by Holding or any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Holding or any Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liensthe Liens permitted by subsection 8.3) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Sirva Inc)

No Legal Bar. The execution, delivery and performance of the Loan Documents by to which any of the Loan PartiesCredit Party is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan any Credit Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation (other than the Liens created by the Security Documents).

Appears in 1 contract

Samples: Credit Agreement (UNITED THERAPEUTICS Corp)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of to which the Borrower and each other Loan PartiesParty is a party, the Extensions of Credit borrowings hereunder and the use 29 of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such the Borrower or of any of its Restricted Subsidiaries or any other Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Adams Outdoor Advertising LTD Partnership)

No Legal Bar. The execution, delivery and performance of the Loan Documents by to which the Borrower or any of the other Loan PartiesParties is a party, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such the Borrower or of any of the other Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect Parties and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation (other than the Loan Documents).

Appears in 1 contract

Samples: Credit Agreement (Digital Television Services of Kansas LLC)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any of the Loan Parties, the Extensions of Credit hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, require the creation or imposition of any Lien (other than Permitted Liens) on any of its properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (New Sally Holdings, Inc.)

No Legal Bar. The execution, delivery and performance of the Loan Documents by any Documents, the issuance of the Loan PartiesLetters of Credit, the Extensions of Credit borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or Contractual Obligation of such any Loan Party in any respect that would reasonably be expected to have a Material Adverse Effect and (b) will not result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (Capstar Hotel Co)

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