Common use of No Legal Impediment Clause in Contracts

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Loan.

Appears in 41 contracts

Samples: Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust)

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No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank Lender would make it illegal for such Bank Lender to make such Loan.

Appears in 41 contracts

Samples: Master Credit Agreement (Howard Hughes Corp), Revolving Credit Agreement (CorEnergy Infrastructure Trust, Inc.), Term Credit Agreement (Emeritus Corp\wa\)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such LoanLoan or to participate in the issuance, extension or renewal of such Letter of Credit or in the reasonable opinion of the Agent would make it illegal for the Agent to issue, extend or renew such Letter of Credit.

Appears in 30 contracts

Samples: Credit Agreement (HPSC Inc), Revolving Credit Agreement (HPSC Inc), Credit Agreement (HPSC Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that which in the reasonable opinion of any Bank the Banks would make it illegal for such Bank the Banks to make such LoanLoans hereunder.

Appears in 11 contracts

Samples: Revolving Credit Agreement (Iteq Inc), Revolving Credit and Term Loan Agreement (Casella Waste Systems Inc), Revolving Credit Agreement (Mastec Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that which in the reasonable opinion of any Bank the Banks would make it illegal for such the Banks to make Loans, for any Issuing Bank to make such Loanissue, extend or renew, or the Banks to participate in, Letters of Credit hereunder.

Appears in 11 contracts

Samples: Loan Agreement, Loan Agreement, Revolving Credit Agreement

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Revolving Credit Loan.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Staples Inc), Revolving Credit Agreement (Freedom Securiteis Corp /De/), Revolving Credit Agreement (Freedom Securities Corp /De/)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of the Agent or any Bank would make it illegal for such any Bank to make such Loan.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Grove Property Trust), Revolving Credit Agreement (Grove Real Estate Asset Trust), Revolving Credit Agreement (Grove Property Trust)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any the Bank would make it illegal for such the Bank to make such Loan.

Appears in 2 contracts

Samples: Credit Agreement (Triton Systems Inc / Fa), Loan and Security Agreement (Imc Mortgage Co)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any the Bank would make it illegal for such the Bank to make such Term Loan.

Appears in 2 contracts

Samples: Term Loan Agreement (Sovran Self Storage Inc), Term Loan Agreement (Sovran Acquisition LTD Partnership)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Loan. 11.3.

Appears in 2 contracts

Samples: Loan Agreement (Liberty Property Limited Partnership), Revolving Credit Agreement (Watts Industries Inc)

No Legal Impediment. No change shall have occurred in any law or ------------------- regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Loan.

Appears in 2 contracts

Samples: Revolving Credit Agreement (New England Business Service Inc), Credit Agreement (New England Business Service Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such LoanLoan or to issue any Letter of Credit.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Berkshire Realty Co Inc /De), 1992 Credit Agreement (Berkshire Realty Co Inc /De)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Loanthe Loans.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Allbritton Communications Co), Credit Agreement (Allbritton Communications Co)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any the Bank would make it illegal for such the Bank to make such Loan.. (ix)

Appears in 1 contract

Samples: Credit Agreement (Eltrax Systems Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such LoanLoan or purchase such Bond.

Appears in 1 contract

Samples: Credit Agreement (Bacou Usa Inc)

No Legal Impediment. No change shall have occurred in any law or regulations regula- tions thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Loan.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Trailer Bridge Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such LoanLoans.

Appears in 1 contract

Samples: Credit Agreement (United States Cellular Corp)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any the Bank would make it illegal for such the Bank to make such Loan.. (x)

Appears in 1 contract

Samples: Revolving Credit Agreement (Eltrax Systems Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such LoanLoan or for the Letter of Credit Bank to issue such Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Staples Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any the Bank would make it illegal for such the Bank to make such Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Transact Technologies Inc)

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No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any the Bank would make it illegal for such Bank it to make such Loan.

Appears in 1 contract

Samples: Credit Agreement (Compudyne Corp)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank Banks would make it illegal for such Bank Banks to make such Loan.

Appears in 1 contract

Samples: Credit Agreement (Xomed Surgical Products Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Loan. 10.3.

Appears in 1 contract

Samples: Revolving Credit Agreement (New England Business Service Inc)

No Legal Impediment. No change shall have occurred in any law Law or regulations thereunder or interpretations thereof that which in the reasonable opinion of any Bank would make it illegal for such Bank to make such LoanLoans hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Edison Co)

No Legal Impediment. No change shall have occurred in any law or -------------------- regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such the Loan.

Appears in 1 contract

Samples: Term Loan Agreement (Fairfield Communities Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such any Loan.

Appears in 1 contract

Samples: Credit Agreement (Raytel Medical Corp)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any the Bank would make it illegal for such the Bank to make such any Loan.

Appears in 1 contract

Samples: Credit and Security Agreement (Maxxam Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Loan. It shall not be unlawful for the Issuing Bank, with respect to any request relating to the issuance, extension or renewal of a Letter of Credit, to issue, extend, or renew, or for any Bank to participate in the issuance, extension or renewal of, such Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Trico Marine Services Inc)

No Legal Impediment. No change shall have occurred in any ------------------- law or regulations thereunder or interpretations thereof that in the reasonable opinion of any the Bank would make it illegal for such the Bank to make such Loan.

Appears in 1 contract

Samples: Loan Agreement (Copley Pharmaceutical Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Loanthe Revolving Credit Loans or issue Letters of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Au Bon Pain Co Inc)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion opinion, as determined in good faith, of the Agent or any Bank would make it illegal for such any Bank to make such Loan.

Appears in 1 contract

Samples: Credit Agreement (Boston Properties LTD Partnership)

No Legal Impediment. No change shall have occurred in any law or ------------------- regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Revolving Credit Loan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Answer Think Consulting Group Inc)

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