Common use of Restrictions on the Borrower Clause in Contracts

Restrictions on the Borrower. The Borrower is not party to or bound by any contract, agreement or instrument, nor subject to any charter or other corporate restriction which will, under current or foreseeable conditions, materially and adversely affect the business, property, assets, operations or conditions, financial or otherwise of the Borrower or any of its Subsidiaries.

Appears in 3 contracts

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

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Restrictions on the Borrower. The Borrower is not party to or bound by any contract, agreement or instrument, nor subject to any charter or other corporate restriction which will, under current or foreseeable conditions, materially and adversely affect the business, property, assets, operations or conditions, financial or otherwise of the Borrower or any of its Subsidiarieshave a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Microfinancial Inc)

Restrictions on the Borrower. The Borrower is not party to or bound by any contract, agreement or instrument, nor subject Subject to any charter or other corporate restriction which will, under current or foreseeable conditions, materially and adversely affect the business, property, assets, operations or conditions, financial or otherwise of the Borrower or any of its Subsidiaries.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boyle Leasing Technologies Inc)

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Restrictions on the Borrower. The Borrower is not party to or bound by any contract, agreement or instrument, nor subject to any charter or other corporate restriction which will, under current or reasonably foreseeable conditions, materially and adversely affect the business, property, assets, operations or conditions, financial or otherwise otherwise, of the Borrower or any of its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Signal Technology Corp)

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