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 issue such Letter of Credit.

Appears in 6 contracts

Samples: Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (JDN Realty 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 Lender would make it illegal for such Lender to make such Loan or issue to hold an interest in such Letter of Credit.

Appears in 6 contracts

Samples: Revolving Credit and Guaranty Agreement (Sl Green Realty Corp), Revolving Credit Agreement (Amerivest Properties Inc), Credit Agreement (Liberty Property Limited 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 Lender would make it illegal for such Lender to make such Loan or issue 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 or any Issuing Bank would make it illegal for such Lender to make such any Loan or any Issuing Bank to issue such Letter 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 the Lender would make it illegal for such the Lender to make such Loan or issue such Letter of CreditLoan.

Appears in 4 contracts

Samples: Loan Agreement (Franklin Street Partners Lp), Credit Agreement (Boston Celtics Limited Partnership), Revolving 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 issue to 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/), Revolving Credit Agreement (CML 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 Lender would make it illegal for such Lender to make such Loan or for Agent to 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 any Lender would make it illegal for such Lender to make such Loan or issue for the Issuing Bank to 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 the Administrative Agent or any Lender would make it illegal for such any Lender to make such Loan or issue 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 issue to 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 issue for such Issuing Bank to 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 in the reasonable opinion of any Lender would make it illegal for such Lender to make such Loan or issue to participate in the issuance, amendment, extension or renewal of such Letter of Credit or in the reasonable opinion of the Fronting Bank would make it illegal for the Fronting Bank to issue, extend or renew such Letter of Credit.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Timberland Co), 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 pursuant to the provisions of this Credit Agreement, or issue to 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 in the reasonable opinion of any Lender would make it illegal for such Lender to make such Loan or issue 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 which in the reasonable opinion of any the Lender would make it illegal for such the Lender to make such Loan Loans or issue such Letter to 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 the Lender would make it illegal for such the Lender to make such Loan or issue 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 Lender would make it illegal for such Lender to make such Loan or issue 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 issue such Letter of Creditany Loan.

Appears in 2 contracts

Samples: Term Loan Agreement (Florida Power & Light Co), Term 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 Revolving Credit Loan or for the Agent to issue such Letter Letters of Credit.

Appears in 1 contract

Samples: Revolving 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 would make it illegal for such Lender to make such Loan and no order of any court or issue 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 Lender would make it illegal for such Lender to make such Loan or issue 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 the Lender would make it illegal for such the Lender to make such Loan or issue to issue, extend, or renew such Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit 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 issue such Letter of Creditits Term Loan.

Appears in 1 contract

Samples: Subordination 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 or any Issuing Bank would make it illegal for such Lender to make such any Loan or any Issuing Bank to issue such Letter any Letters of Credit.. 108

Appears in 1 contract

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

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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 would make it illegal for such Lender to make such Loan or issue such Letter pursuant to 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 the Lender would make it illegal for such the Lender to make such Loan issue, extend or issue renew such Letter of Credit.

Appears in 1 contract

Samples: Standby Letter of Credit Agreement (Ade 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 Lender would make it illegal for such Lender to make such Loan or issue such Letter of CreditAgent.

Appears in 1 contract

Samples: Senior Secured Revolving Credit 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 issue such Letter of Credita Loan.

Appears in 1 contract

Samples: Revolving 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 such Loan or issue such to participate in the issuance, extension or renewal of any Letter of Credit.

Appears in 1 contract

Samples: Revolving 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 Loan or issue to 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 or to issue such 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 issue to 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 Lender would make it illegal for such Lender to make or convert such Loan or issue such Letter pursuant to the provisions of Creditthis Agreement.

Appears in 1 contract

Samples: Senior Subordinated Note Purchase Agreement (Transtechnology 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 Lender would make it illegal for such Lender to make such Loan or issue such to incur any Letter of CreditCredit Obligations.

Appears in 1 contract

Samples: Revolving 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 the Lender would make it illegal for such the Lender to make such Loan or issue such to issue, extend or renew any Letter of Credit.

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Credit Agreement (Alliancebernstein Holding 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 issue to 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 the Lender would make it illegal for such the Lender to make such Loan or issue such Letter of CreditCredit Loan.

Appears in 1 contract

Samples: Line of 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 issue to 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: Revolving Credit Agreement (Lexmark International Inc /Ky/)

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