Common use of No Legal Impediments Clause in Contracts

No Legal Impediments. No law, regulation, order, judgment or decree of any Governmental Authority shall, and no Lender shall have received notice that, in the reasonable judgment of such Lender, litigation is pending or threatened which is likely to, enjoin, prohibit or restrain, or impose or result in the imposition of any material adverse condition upon, such Lender's making of the requested Loan.

Appears in 4 contracts

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

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No Legal Impediments. No law, regulation, order, judgment or decree of any Governmental Authority shall, and no the Lender shall not have received notice that, in the reasonable judgment of such the Lender, litigation is pending or threatened which is likely to, to enjoin, prohibit or restrain, or impose or result in the imposition of any material adverse condition upon, such the Lender's making of the requested LoanBorrowing.

Appears in 3 contracts

Samples: Margin Loan Credit Agreement (Trace International Holdings Inc), Margin Loan Credit Agreement (Trace International Holdings Inc), Credit Agreement (Trace International Holdings Inc)

No Legal Impediments. No law, regulation, order, judgment or decree of any Governmental Authority shall, and no Lender the Payment and Disbursement Agent shall not have received from such Lender notice that, in the reasonable judgment of such Lender, litigation is pending or threatened which is likely to, enjoin, prohibit or restrain, or impose or result in the imposition of any material adverse condition upon, such Lender's making of the requested LoanLoan or participation in or issuance of the requested Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Simon Property Group L P /De/)

No Legal Impediments. No law, regulation, order, judgment or decree of any Governmental Authority shall, and no the Lender shall not have received any notice that, in the reasonable judgment of such Lender, that litigation is pending or threatened which is likely to, to (i) enjoin, prohibit or restrain, restrain the making of the Loan or (ii) impose or result in the imposition of any material adverse condition upon, such Lender's making of the requested Loana Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Trace International Holdings Inc)

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No Legal Impediments. No law, regulation, order, judgment or decree of any Governmental Authority shall, and no Lender the Co-Agents shall not have received from any Lender notice that, in the reasonable judgment of such Lender, litigation is pending or threatened which is likely to, enjoin, prohibit or restrain, or impose or result in the imposition of any material adverse condition upon, such Lender's making of the requested Loan.

Appears in 1 contract

Samples: Term Loan Agreement (General Growth Properties Inc)

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