Common use of No Legal Bar Clause in Contracts

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 5 contracts

Samples: 364 Day Credit Agreement (Wr Grace & Co/De), Credit Agreement (Wr Grace & Co/De), Execution Copy (W R Grace & Co)

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No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of any Group Member, except to the Parentextent that any such violation could not reasonably be expected to have a Material Adverse Effect, the Company or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual Obligation.

Appears in 4 contracts

Samples: Credit Agreement (Roper Technologies Inc), Credit Agreement (Roper Technologies Inc), Credit Agreement (Roper Industries Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of any Group Member (except where such violation of any Contractual Obligation would not, individually or in the Parentaggregate, the Company or any of its Subsidiaries be likely to have a Material Adverse Effect) and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual Obligation.

Appears in 4 contracts

Samples: Credit Agreement (Synopsys Inc), Guarantee Agreement (Synopsys Inc), Credit Agreement (Synopsys Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Notes, each Application and the each other Loan Document, the grant of the Liens pursuant to the Security Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Borrower or of any of its Subsidiaries Subsidiary and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 3 contracts

Samples: Credit Agreement (Outsource International Inc), Credit Agreement (Outsource International Inc), Credit Agreement (Outsource International Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings Obligations hereunder and the use of the proceeds thereof, hereof will not directly or, to the knowledge of the Company, indirectly, violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or of any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 3 contracts

Samples: Credit Agreement (Western Union CO), Credit Agreement (Western Union CO), Credit Agreement (Western Union CO)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company or any of its Subsidiaries Group Member and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual ObligationObligation (other than the Liens created by the Security Documents).

Appears in 3 contracts

Samples: Credit Agreement (Precision Drilling Trust), Credit Agreement (Interstate Bakeries Corp/De/), Credit Agreement (Interstate Bakeries Corp/De/)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or any material Contractual Obligation of the Parent, the Company Borrower or any of its Restricted Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual ObligationObligation (other than the Liens created by the Security Documents).

Appears in 3 contracts

Samples: Credit Agreement (Rotech Healthcare Inc), Credit Agreement (Rotech Healthcare Inc), Credit Agreement (Rotech Healthcare Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Notes, the Applications and the other Loan DocumentsDocuments by the Borrowers, the borrowings Extensions of Credit extended hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company any Borrower or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues of any Borrower pursuant to any such Requirement of Law or material Contractual Obligation.

Appears in 3 contracts

Samples: Joinder and Assumption Agreement (West Pharmaceutical Services Inc), Credit Agreement (West Pharmaceutical Services Inc), Credit Agreement (West Pharmaceutical Services Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings Obligations hereunder and the use of the proceeds thereof, hereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or of any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 3 contracts

Samples: Term Loan Agreement (Western Union CO), Credit Agreement (Western Union CO), Credit Agreement (Western Union CO)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan DocumentsDocuments by the Borrower, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Borrower or of any of its the Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 3 contracts

Samples: Credit Agreement (Aqua America Inc), Credit Agreement (Aqua America Inc), Credit Agreement (Philadelphia Suburban Corp)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan DocumentsDocuments and the Purchase Agreement by the Borrower, the borrowings hereunder and the use of the proceeds thereof, thereof and the purchase by the Borrower of its Capital Stock pursuant to the Purchase Agreement will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Borrower or of any of its the Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.

Appears in 3 contracts

Samples: Credit Agreement (Philadelphia Suburban Corp), Credit Agreement (Aqua America Inc), Credit Agreement (Philadelphia Suburban Corp)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, will thereof do not violate or contravene any material provision of any Requirement of Law or any material Contractual Obligation of the Parent, the Company or any of its Subsidiaries Group Member and will do not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such material Contractual ObligationObligation (other than the Liens created by the Security Documents and other Liens permitted by Section 6.3).

Appears in 3 contracts

Samples: Credit Agreement (Knight Capital Group, Inc.), Credit Agreement (Knight Capital Group, Inc.), Credit Agreement (Knight Capital Group, Inc.)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Notes, the Guarantees and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or of any of its Subsidiaries Subsidiaries, the violation of which could reasonably be expected to have a Material Adverse Effect and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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: Term Loan Agreement (Atlantic Gulf Communities Corp), Revolving Loan Agreement (Atlantic Gulf Communities Corp)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of any Group Member (except where such violation of any Contractual Obligation could not, individually or in the Parentaggregate, the Company or any of its Subsidiaries reasonably be expected to have a Material Adverse Effect) and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual Obligation.

Appears in 2 contracts

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

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company or any of its Subsidiaries Group Member and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any Requirement of Law or any such Contractual Obligation (other than the Liens created by the Security Documents). No Requirement of Law or Contractual ObligationObligation applicable to Holdings or any of its Subsidiaries as of the date of this Agreement could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

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

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company or any of its Subsidiaries Group Member and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective material properties or revenues pursuant to any such Requirement of Law or any such Contractual ObligationObligation (other than the Liens created by the Security Documents).

Appears in 2 contracts

Samples: Credit Agreement (M & F Worldwide Corp), Credit Agreement (M & F Worldwide Corp)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law Law, any Constituent Document of the Borrower or any of its Subsidiaries or any material Contractual Obligation of the Parent, the Company Borrower or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual Obligation.

Appears in 2 contracts

Samples: Term Loan Agreement (Boardwalk Pipeline Partners, LP), Term Loan Agreement (Boardwalk Pipeline Partners, LP)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Securities Documents, the borrowings hereunder and the use of the proceeds thereof, will not (i) violate or contravene in any material provision of respect any Requirement of Law applicable to the Company or (ii) violate any material Contractual Obligation of the Parent, the Company or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or such material Contractual Obligation, except as permitted by to the Note Documents.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Global Eagle Entertainment Inc.), Securities Purchase Agreement (Global Eagle Entertainment Inc.)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Documents, the borrowings its Borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or any of its Subsidiaries such Borrower and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation, except to the extent that all such violations and creation or imposition of Liens could not, in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Capmark Financial Group Inc.), Credit Agreement (Capmark Finance Inc.)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Documents, the borrowings its Borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation, except to the extent that all such violations and creation or imposition of Liens could not, in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan Agreement (Capmark Finance Inc.), Bridge Loan Agreement (Capmark Financial Group Inc.)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company or any of its Subsidiaries Group Member in any material respect and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual ObligationObligation (other than the Liens permitted by Section 7.3).

Appears in 2 contracts

Samples: Credit Agreement (First Solar, Inc.), Fourth Amendment (First Solar, Inc.)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings borrowing hereunder and the use of the proceeds thereof, will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company any Borrower or any of its Subsidiaries Guarantor and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation other than the Liens for the benefit of Lender expressly contemplated by this Agreement and the Security Documents.

Appears in 2 contracts

Samples: Credit Agreement (Lexington Corporate Properties Trust), Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan DocumentsDocuments by the Borrower, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Borrower or of any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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 (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Note and the other Loan Documents, and the borrowings hereunder and the use of the proceeds thereofhereunder, will not violate any law or contravene any material provision of any Requirement of Law regulation (including, without limitation, Regulations G, T, U or material Contractual Obligation of the Parent, the Company X) or any contractual obligation of its Subsidiaries either Borrower and will not result in, or require, in the creation or imposition of a Lien on any material Lien (property of a Borrower, other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligationsecurity interests created by the Loan Documents.

Appears in 2 contracts

Samples: Term Loan Agreement (DWG Acquisition Group L P), Credit Agreement (Triarc Companies Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or any material Contractual Obligation of any Group Member (other than the Parent, the Company or any of its Subsidiaries Magellan Note Documents) and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual ObligationObligation (other than the Liens created by the Mortgages).

Appears in 2 contracts

Samples: Term Loan Agreement (Rem Arrowhead, Inc.), Term Loan Agreement (Rem Consulting of Ohio, Inc.)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, Documents will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company or of any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation.Law. No material contract between the Company and any Governmental Authority forbids assignment and no material contract between any of its Subsidiaries and any Governmental Authority forbids assignment, to the best knowledge of the Company;

Appears in 1 contract

Samples: Credit Agreement (Precision Standard Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan DocumentsDocuments by the Borrower, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Borrower or of any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation. 3.6.

Appears in 1 contract

Samples: Credit Agreement (Dover Downs Entertainment Inc)

No Legal Bar. The execution, delivery and performance of the Purchase Agreement, this Agreement, the Notes and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Holdings or of any of its Subsidiaries and Subsidiaries, and, except pursuant to the Pledge Agreement, will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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 (General Cigar Holdings Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan DocumentsNotes, the borrowings hereunder and the use of the proceeds thereof, will not violate the organizational or contravene any material provision governing documents of any Requirement of Law or material Contractual Obligation of the Parent, the Company or any of its Subsidiaries Significant Subsidiaries, any other material Requirement of Law or any material Contractual Obligation of the Company or of any Significant Subsidiary, and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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: Senior Revolving Credit Agreement (Lazard LTD)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereof, will not violate or contravene any material provision of any Requirement of Law or any material Contractual Obligation of the Parent, the Company or any of its Subsidiaries Loan Party and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual ObligationObligation (other than the Liens created by the Guarantee and Collateral Agreement or not prohibited by Section 7.3).

Appears in 1 contract

Samples: Credit Agreement (Cco Holdings LLC)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Documents, the borrowings hereunder Documents and the use consummation of the proceeds thereoftransactions contemplated thereby, will not violate or contravene any material provision of any Requirement Requirements of Law or material any Contractual Obligation of the ParentBorrower or the Guarantor, subject to the Company or any receipt of its Subsidiaries consents, filings and will notifications which have not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligationbeen obtained as described in Section 4.2.

Appears in 1 contract

Samples: Credit Agreement (Us Home & Garden Inc)

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No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the ParentGrace New York, the Company or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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 (Grace W R & Co /Ny/)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Notes, each Application and the each other Loan Document, the grant of the Liens pursuant to the Security Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or of any of its Subsidiaries Designated Subsidiary and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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 (Dairy Mart Convenience Stores Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan DocumentsDocuments by the Borrowers, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Borrowers or of any of its the Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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 (Ceco Environmental Corp)

No Legal Bar. 54. The execution, delivery and performance of this Agreement, the Notes Notes, the Guarantees and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or of any of its Subsidiaries Subsidiaries, the violation of which could reasonably be expected to have a Material Adverse Effect and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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: Revolving Loan Agreement (Atlantic Gulf Communities Corp)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings borrowing and the guaranty hereunder and the use of the proceeds thereof, will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the ParentBorrower, the Company either Guarantor or any of its Subsidiaries Borrower's other Subsidiaries, and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation other than pursuant to the Loan Documents.

Appears in 1 contract

Samples: Revolving Loan Agreement (Senior Housing Properties Trust)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Note and the other Loan Documents, and the borrowings hereunder and the use of the proceeds thereof, will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Borrower or any of its Subsidiaries Subsidiary, and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or such Contractual Obligation, except pursuant to the Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Seracare Life Sciences Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Documents, and the borrowings hereunder and the use of the proceeds thereof, will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Borrower or any of its Subsidiaries Subsidiary, and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or such Contractual Obligation, except pursuant to the Loan Documents.

Appears in 1 contract

Samples: Credit and Security Agreement (Seracare Life Sciences Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of any Loan Party, or, to the Parentbest knowledge of the Borrower, the Company or any Joint Venture any of its Subsidiaries the interests in which is owned by a Restricted Subsidiary, and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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 (El Paso Energy Partners Lp)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings issuance of Facility LCs, the Credit Extensions hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company Borrower or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual ObligationObligation (other than the Liens created by the Collateral Documents).

Appears in 1 contract

Samples: Credit Agreement (Department 56 Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereofthereof does not contravene, will not violate or contravene any material provision of constitute a default under, any Requirement of Law or any material Contractual Obligation of the Parent, the Company or any of its Subsidiaries Group Member and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual Obligation.

Appears in 1 contract

Samples: Credit Agreement (MSC Industrial Direct Co Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings borrowing hereunder and the use of the proceeds thereof, will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company or any of its Subsidiaries Borrower and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual ObligationObligation other than the Liens for the benefit of Lender expressly contemplated by this Agreement and the Security Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lexington Corporate Properties Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Documents, the borrowings Borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation, except to the extent that all such violations and creation or imposition of Liens could not, in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Residential Capital, LLC)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or Contractual Obligation, except to the extent that all such violations and creation or imposition of Liens could not, in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Residential Funding Corp

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or any material Contractual Obligation in respect of the Parent, the Company Indebtedness or any Governing Document of its Subsidiaries any Loan Party and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law Contractual Obligation (other than the Liens created by the Collateral Documents and the Second Lien Loan Documents or Contractual ObligationLiens permitted pursuant to Section 9.3).

Appears in 1 contract

Samples: Credit Agreement (International Market Centers, Inc.)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company or any of its Subsidiaries Group Member and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective material properties or revenues pursuant to any such Requirement of Law or any such Contractual Obligation.Obligation (other than the Liens created by the Security Documents)..

Appears in 1 contract

Samples: Credit Agreement (M & F Worldwide Corp)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, in each case in accordance with the terms hereof, will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company or any of its Subsidiaries Group Member and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual ObligationObligation (other than the Liens created by the Security Documents).

Appears in 1 contract

Samples: Credit Agreement (New World Restaurant Group Inc)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes and Notes, the Security Documents, the other Loan Documents, any Application and any Acceptance Request, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company Borrower or of any of its Subsidiaries that is a party to any such document and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) 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 (Audiovox Corp)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material any Contractual Obligation of the Parent, the Company or any of its Subsidiaries Group Member and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any Requirement of Law or any such Contractual Obligation. No Requirement of Law or Contractual Obligation.Obligation applicable to any Group Member could reasonably be expected to have a Material Adverse Effect. 4.6

Appears in 1 contract

Samples: Credit Agreement (Chatham Lodging Trust)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan DocumentsNotes, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or material Contractual Obligation of the Parent, the Company or any of its Subsidiaries Borrower and will not result in, or require, the creation or imposition of any material Lien (other than the Liens permitted created under subsection 9.2any Loan Document) 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 (Franklin Credit Holding Corp/De/)

No Legal Bar. The execution, delivery and performance of this Agreement, the Notes Agreement and the other Loan Documents, the borrowings hereunder and the use of the proceeds thereof, thereof will not violate or contravene any material provision of any Requirement of Law or any material Contractual Obligation of the Parent, the Company Borrower or any of its Subsidiaries and will not result in, or require, the creation or imposition of any material Lien (other than Liens permitted under subsection 9.2) on any of its or their respective properties or revenues pursuant to any such Requirement of Law or any such Contractual ObligationObligation (other than the Liens created by the Security Documents).

Appears in 1 contract

Samples: Loan Agreement (Spanish Broadcasting System Inc)

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