Common use of No Legal Impediments Clause in Contracts

No Legal Impediments. The making of the Loans on such date does not violate any Requirement of Law on the date of or immediately following such Loan and is not enjoined, temporarily, preliminarily or permanently.

Appears in 7 contracts

Samples: Credit Agreement (Trico Marine Services Inc), Secured Super Priority Debtor in Possession Credit Agreement (Trico Marine Services Inc), Secured Super Priority Debtor in Possession Credit Agreement (Sea Containers LTD /Ny/)

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No Legal Impediments. The making of the Loans on such date (i) does not violate any Requirement of Law applicable to any Loan Party on the date of or immediately following the making of such Loan and (ii) is not enjoined, enjoined temporarily, preliminarily or permanently.

Appears in 2 contracts

Samples: Secured Super Priority Debtor in Possession Multiple Draw Term Loan Agreement (Greenville Tube CO), Secured Super Priority Debtor in Possession Multiple Draw Term Loan Agreement (Pliant Corp)

No Legal Impediments. The making of the Term Loans on such date does not violate any Requirement of Law with respect to the Borrower, its Subsidiaries or the Lender on the date of or immediately following such Term Loan and is not enjoined, temporarily, preliminarily or permanently.

Appears in 2 contracts

Samples: Term Loan Agreement (Arv Assisted Living Inc), Term Loan Agreement (Arv Assisted Living Inc)

No Legal Impediments. The making of the Loans on such date does not violate any Requirement Requirements of Law on the date of or immediately following such Loan and is not enjoined, temporarily, preliminarily or permanently.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Merisant Co)

No Legal Impediments. The making of the Loans on such date (a) does not violate any Requirement of Law applicable to any Obligor on the date of or immediately following the making of such Loan Loan, and (b) is not enjoined, enjoined temporarily, preliminarily or permanently.

Appears in 1 contract

Samples: Debtor in Possession Credit Agreement (Champion Enterprises Inc)

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No Legal Impediments. The making of the Term Loans on such date does not violate any Requirement of Law on the date of or immediately following such Term Loan and is not enjoined, temporarily, preliminarily or permanently.

Appears in 1 contract

Samples: Term Loan Agreement (Geneva Steel Co)

No Legal Impediments. The making of the Loans on such date the Funding Date does not violate any Requirement of Law in any material respect on the date of or immediately following such Loan and is not enjoined, temporarily, preliminarily or permanently.

Appears in 1 contract

Samples: Senior Unsecured Term Loan Agreement (Psychiatric Solutions Inc)

No Legal Impediments. The making of the Loans on such date does not violate any Requirement of Law on the date of or immediately following the making of such Loan and is not enjoined, temporarily, preliminarily or permanentlypermanently enjoined.

Appears in 1 contract

Samples: Secured Super Priority Debtor in Possession Credit Agreement (Conseco Inc)

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