Common use of Statutory Indebtedness Restrictions Clause in Contracts

Statutory Indebtedness Restrictions. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, state or local statute, ordinance or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated hereby.

Appears in 10 contracts

Samples: Credit Agreement (Sonic Automotive Inc), Credit Agreement (Transportation Components Inc), Credit Agreement (Lithia Motors Inc)

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Statutory Indebtedness Restrictions. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, state or local statute, ordinance or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated herebyhereby or in connection with Initial Acquisitions, the Mergers, the Public Offering and the Related Transactions.

Appears in 4 contracts

Samples: Credit Agreement (Metals Usa Inc), Credit Agreement (Transportation Components Inc), Credit Agreement (Homeusa Inc)

Statutory Indebtedness Restrictions. Neither the Borrower Borrower, nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, federal or state or local statute, ordinance statute or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: Credit Agreement (Wabash National Corp /De), Credit Agreement (SCP Pool Corp), Credit Agreement (SCP Pool Corp)

Statutory Indebtedness Restrictions. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federalforeign, federal or state or local statute, ordinance statute or regulation which limits its ability to incur indebtedness as contemplated hereby or its ability to consummate the transactions contemplated herebyhereby or in connection with the Xxxxxxxx Acquisition.

Appears in 2 contracts

Samples: Long Term Credit Agreement (Ball Corp), Term Credit Agreement (Ball Corp)

Statutory Indebtedness Restrictions. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, federal or state or local statute, ordinance statute or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated herebyhereby or in connection with Specified Acquisitions and the related transactions.

Appears in 1 contract

Samples: Credit Agreement (Spartan Stores Inc)

Statutory Indebtedness Restrictions. Neither None of the Borrower Borrowers nor any of its their Subsidiaries is are subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, federal or state or local statute, ordinance statute or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Credit Agreement (American Architectural Products Corp)

Statutory Indebtedness Restrictions. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, federal or state or local statute, ordinance statute or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated herebyhereby or in connection with Acquisition and the Related Transactions.

Appears in 1 contract

Samples: Credit Agreement (Finishmaster Inc)

Statutory Indebtedness Restrictions. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, federal or state or local statute, ordinance statute or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated herebyhereby or in connection with the Marconi Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Ifr Systems Inc)

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Statutory Indebtedness Restrictions. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, state or local statute, ordinance or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated herebyhereby or in connection with Initial Acquisitions, the Mergers, the Public Offerings and the Related Transactions.

Appears in 1 contract

Samples: Credit Agreement (Metals Usa Inc)

Statutory Indebtedness Restrictions. Neither None of the Borrower nor Parent, the Borrower, or any of its their respective Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, Act or the Investment Company Act of 1940, or any other federal, federal or state or local statute, ordinance statute or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated herebyhereby including, without limitation, the application of the proceeds thereof.

Appears in 1 contract

Samples: Credit Agreement (Archibald Candy Corp)

Statutory Indebtedness Restrictions. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, federal or state or local statute, ordinance statute or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated herebyhereby or in connection with the Tender Offer and the Merger.

Appears in 1 contract

Samples: Credit Agreement (CTS Corp)

Statutory Indebtedness Restrictions. Neither the Borrower nor any of its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federal, state or local statute, ordinance or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated herebyhereby or in connection with the Related Transactions.

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

Statutory Indebtedness Restrictions. Neither the Borrower nor any of ----------------------------------- its Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, or the Investment Company Act of 1940, or any other federalforeign, federal or state or local statute, ordinance statute or regulation which limits its ability to incur indebtedness or its ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Credit Agreement (Roper Industries Inc /De/)

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