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 Lender would make it illegal for such Lender to make such Loan or to hold an interest in such Letter of Credit.

Appears in 6 contracts

Samples: Revolving Credit and Guaranty Agreement (Sl Green Realty Corp), Credit Agreement (Liberty Property Limited Partnership), Credit Loan Agreement (Koger Equity 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 Lender or any Issuing Bank would make it illegal for such Lender to make such any Loan or any Issuing Bank to hold an interest in such Letter issue any Letters of Credit.

Appears in 5 contracts

Samples: Revolving Credit Agreement (DESRI Inc.), Revolving Credit Agreement (NextEra Energy Partners, LP), 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest in such Letter of Creditany Term Loan.

Appears in 5 contracts

Samples: Term Loan Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest participate in the issuance, extension or renewal of such Letter of Credit or in the reasonable opinion of the Issuing Bank would make it illegal for the Issuing Bank to issue, extend or renew such Letter of Credit.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Seneca Foods Corp /Ny/), Multicurrency Revolving Credit Agreement (Borders Group Inc), Revolving Credit Agreement (CML Group 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 Lender would make it illegal for such the Lender to make such Loan or to hold an interest in such Letter of Credit.the Loan; and

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement (Thor Industries Inc), Credit Agreement (Thor 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 the Lender would make it illegal for such the Lender to make such Loan or to hold an interest in such Letter of CreditLoan.

Appears in 4 contracts

Samples: Credit Agreement (Boston Celtics Limited Partnership), Loan Agreement (Franklin Street Partners Lp), Credit Agreement (Nutramax Products 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest participate in the issuance, extension or renewal of such Letter of Credit or in the reasonable opinion of each Issuing Bank would make it illegal for such Issuing Bank to issue, extend or renew such Letter of Credit.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Borders Group Inc), Multicurrency Revolving Credit Agreement (Borders Group Inc), Multicurrency Revolving Credit Agreement (Borders Group 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 Lender would make it illegal for such Lender to make such Loan or for Agent to hold an interest in issue such Letter of Credit.

Appears in 3 contracts

Samples: Revolving and Term Credit Agreement (Forestar Group Inc.), Revolving and Term Credit Agreement (Forestar Group Inc.), Revolving and Term Credit Agreement (Forestar Real Estate Group Inc.)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of the Administrative Agent or any Lender would make it illegal for such any Lender to make such Loan or to hold an interest in such Letter of CreditLoan.

Appears in 3 contracts

Samples: Term Loan Agreement (Mack Cali Realty L P), Term Loan Agreement (Mack Cali Realty Corp), Term Loan Agreement (Mack Cali Realty L P)

No Legal Impediment. No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Lender would make it illegal for such Lender to make such Loan or for the Issuing Bank to hold an interest in issue, extend or renew such Letter of Credit.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Staples Inc), Revolving Credit Agreement (Staples Inc), 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 Lender would make it illegal for such Lender to make such Loan pursuant to the provisions of this Credit Agreement, or to hold an interest participate in the issuance, extension or renewal of such Letter of Credit or in the reasonable opinion of the Issuing Bank would make it illegal for the Issuing Bank to issue, extend or renew such Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Transtechnology Corp), Credit Agreement (Transtechnology Corp)

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 the Lender would make it illegal for such the Lender to make such Loan Loans or to hold an interest in such Letter issue, extend, or renew Letters of CreditCredit hereunder.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Geowaste Inc), Revolving Credit Agreement (Geowaste 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest in such Letter of CreditLoan.

Appears in 2 contracts

Samples: Master Financing and Security Agreement (Ranger Energy Services, Inc.), Credit Agreement (Sauer Danfoss 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 Lender would make it illegal for such Lender to make such Loan or for such Issuing Bank to hold an interest in issue, extend or renew such Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Staples Inc), Credit Agreement (Staples 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 Lender would make it illegal for such Lender to make such Loan Loans hereunder or to hold an interest participate in the issuance, extension or renewal of letters of credit or in the reasonable opinion of the Issuing Bank would make it illegal for the Issuing Bank to issue, extend or renew such Letter of Credit.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Nationsrent Inc), Credit and Term Loan Agreement (Nationsrent 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest in such Letter of CreditRevolving Credit Loan.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Dynamics Research Corp), 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 the Lender would make it illegal for such the Lender to make such Loan or to hold an interest in such Letter of Creditthe Loan.

Appears in 2 contracts

Samples: Loan Agreement (Applied Opsec Corp), Loan Agreement (Optical Security Group 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 Lender would make it illegal for such the Lender to make such Loan or to hold an interest in such Letter of Creditany Loan.

Appears in 2 contracts

Samples: Term Loan Agreement (Florida Power & Light Co), Loan Agreement (Nextera Energy 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest participate in the issuance, extension or renewal of such Letter of Credit or in the reasonable opinion of the Issuing Lender would make it illegal for the Issuing Lender to issue, extend or renew such Letter of Credit.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Lexmark International Inc /Ky/)

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

Appears in 1 contract

Samples: Revolving Credit Agreement (Blue Steel Capital 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 Lender would make it illegal for such the Lender to make such Loan or to hold an interest in issue, extend, or renew such Letter of Credit.

Appears in 1 contract

Samples: Pledge Agreement (Kronos 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest in such Letter of Credita Loan.

Appears in 1 contract

Samples: Credit Agreement (First Virtual Communications 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 Lender would make it illegal for such Lender to make or convert such Loan or pursuant to hold an interest in such Letter the provisions of Creditthis Agreement.

Appears in 1 contract

Samples: Senior Subordinated Note Purchase Agreement (Transtechnology Corp)

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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 Lender would make it illegal for such the Lender to make such Loan or to hold an interest in such Letter of CreditCredit Loan.

Appears in 1 contract

Samples: Credit Agreement (Toymax International 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest participate in such the issuance, extension or renewal of any Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement and Guaranty (Heritage Property Investment Trust 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest in such incur any Letter of CreditCredit Obligations.

Appears in 1 contract

Samples: Credit Agreement (Nationsrent 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 Lender would make it illegal for such Lender to make such Loan Loan, or to hold an interest participate in the issuance , extension or renewal of such Letter of Credit or in the reasonable opinion of the Issuing Bank would make it illegal for the Issuing Bank to issue, extend or renew such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Wichita Manufacturing 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest in such Letter of Creditthe Loan.

Appears in 1 contract

Samples: Loan Agreement (Finova Group 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 Lender would make it illegal for such Lender to make such Loan or pursuant to hold an interest in such Letter the provisions of Creditthis Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ict Group 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest participate in the issuance, amendment, extension or renewal of such Letter of Credit or in the reasonable opinion of the Issuing Lender would make it illegal for the Issuing Lender to issue, extend or renew such Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Timberland 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest in such Letter of CreditAgent.

Appears in 1 contract

Samples: Entire Agreement (California Coastal 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest in such issue any Letter of Credit.

Appears in 1 contract

Samples: Revolving and Term Credit Agreement (Heritage Property Investment Trust 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 Lender would make it illegal for such Lender to make such Revolving Credit Loan or for the Agent to hold an interest in such Letter issue Letters of Credit.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Humphrey Hospitality Trust 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 Lender or any Issuing Bank would make it illegal for such Lender to make such any Loan or any Issuing Bank to hold an interest in such Letter issue any Letters of Credit.. 108

Appears in 1 contract

Samples: Revolving Credit Agreement (Nextera Energy Partners, Lp)

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

Appears in 1 contract

Samples: Subordinated Credit Agreement (Whitehall Jewelers Holdings, 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 Lender would make it illegal for such Lender to make such Loan or to hold an interest participate in the issuance, amendment, extension or renewal of such Letter of -56- Credit or in the reasonable opinion of the Issuing Lender would make it illegal for the Issuing Lender to issue, extend or renew such Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Timberland 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 Lender would make it illegal for such Lender to make such Loan and no order of any court or to hold an interest in such Letter Governmental Body has been entered prohibiting the consummation of Creditthe transactions contemplated by the Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Omnipoint 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 any the Lender would make it illegal for such the Lender to make such Loan or to hold an interest in such issue, extend or renew any Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (DSL Net Inc)

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