Common use of Transaction Clause in Contracts

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event or the performance by any Credit Party of its obligations under the Documents to which it is party. All actions taken by each Credit Party pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 4 contracts

Samples: Pledge Agreement (Doubletree Corp), Credit Agreement (Doubletree Corp), Credit Agreement (Omniquip International Inc)

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Transaction. At the time of the applicable consummation thereof, the Transaction shall have been consummated in all material respects in accordance with the terms of the respective Transaction Documents and all applicable laws. At the time of the applicable consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, prevents or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event or the performance by any Credit Party of its obligations under the Transaction Documents to which it is a party. All actions taken by each Credit Party pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 2 contracts

Samples: Credit Agreement (Capstar Broadcasting Partners Inc), Credit Agreement (Capstar Broadcasting Corp)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At appropriate portion of the time of consummation thereofTransaction, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate such portion of the Transaction to the extent then required shall have been obtained, given, filed or taken or waived and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained)) except where the failure to obtain, give, file or take would not reasonably be expected to have a Material Adverse Affect. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, have expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, prevents or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, Transaction or the occurrence of any Credit Event the making of the Loans or the performance by any Credit Party the Borrower and its Subsidiaries and the Parent of its their obligations under the Documents to which it is partyand all applicable laws. All actions taken by each Credit Party pursuant to or The Transaction has been consummated in furtherance of the Transaction have been taken in compliance in all material respects accordance with the respective Documents and all applicable laws.

Appears in 2 contracts

Samples: Credit Agreement (Superior Telecom Inc), Credit Agreement (Alpine Group Inc /De/)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event or the performance by any Credit Party of its obligations under the Documents to which it is party. All actions taken by each Credit Party pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 2 contracts

Samples: Credit Agreement (Alpine Group Inc /De/), Credit Agreement (Alpine Group Inc /De/)

Transaction. At the time of consummation thereof, the ----------- Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required have been obtained, given, filed or taken or waived and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event or the performance by any Credit Party Holdings and its Subsidiaries of its their obligations under the Documents to which it is party. All actions taken by each Credit Party pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Collins & Aikman Floor Coverings Inc)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in all material respects in accordance with the terms of the respective applicable Documents and all applicable laws. At the time of consummation thereofof the Transaction, all material third party approvals and all consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required will have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event Transaction or the performance by Holdings or any Credit Party of its Subsidiaries of their respective obligations under the Documents to which it is partyDocuments. All actions taken by each Credit Party Holdings or any of its Subsidiaries pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects in compliance with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Power Ten)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in all material respects in accordance with the terms of the respective Transaction Documents and all applicable laws. At the time of consummation thereof, all necessary and material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required have been obtained, given, filed or taken or waived and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event or the performance by any Credit Party Holdings and its Subsidiaries of its their respective obligations under the Transaction Documents to which it is partyand all applicable laws. All actions taken by each Credit Party pursuant to or in furtherance of the The Transaction have has been taken in compliance consummated in all material respects in accordance with the respective Transaction Documents and all applicable laws.

Appears in 1 contract

Samples: Security Agreement (Marathon Power Technologies Co)

Transaction. At the time of consummation thereof, each component of the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate each component of the Transaction to the extent then required have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon any component of the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon any component of the Transaction, or the occurrence of any Credit Event or the performance by any a Credit Party of its obligations under the Documents to which it is party. All actions taken by each Credit Party pursuant to or in furtherance of each component of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Harrahs Entertainment Inc)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At appropriate portion of the time of consummation thereofTransaction, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate such portion of the Transaction to the extent then required shall have been obtained, given, filed or taken or waived and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained)) except where the failure to obtain, give, file or take would not reasonably be expected to have a Material Adverse Affect. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, prevents or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, Transaction or the occurrence of any Credit Event or the performance by any Credit Party the Parent, the Borrowers and their respective Subsidiaries of its their obligations under the Documents to which it is partyand all applicable laws. All actions taken by each Credit Party pursuant to or The Transaction has been consummated in furtherance of the Transaction have been taken in compliance in all material respects accordance with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Superior Telecom Inc)

Transaction. At the time of consummation thereof, each element of the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to in accordance with the extent then required terms of the Documents and all applicable laws have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority authority, which restrains, prevents, or imposes material adverse conditions upon the consummation of any element of the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the consummation of any element of the Transaction, or the occurrence of any Credit Event Event, or the performance by any Credit Party of its obligations under the Documents to which it is partyDocuments. All actions taken by each any Credit Party pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects in compliance with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Jordan Industries Inc)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in all material respects in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained) (other than immaterial consents relating to the Acquisition). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, at the time of the consummation thereof, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event or the performance by any Credit Party of its obligations under the Documents to which it is party. All actions taken by each Credit Party pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects in compliance with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Infousa Inc)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in all respects in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereofof the Transaction, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required will have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, Transaction or the occurrence of any Credit Event or the performance by any the Credit Party Parties of its their obligations under the Documents to which it is partyrespective Documents. All actions taken by each the Credit Party Parties pursuant to or in furtherance of the Transaction have been taken in material compliance in all material respects with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Furniture Brands International Inc)

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Transaction. At the time of consummation thereof, each component of the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate each component of the Transaction to the extent then required have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon any component of the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon any component of the Transaction, or the occurrence incurrence of any Credit Event Loan or the performance by any a Credit Party of its obligations under the Documents to which it is party. All actions taken by each Credit Party pursuant to or in furtherance of each component of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Harrahs Entertainment Inc)

Transaction. At the time of consummation thereof, the The Transaction shall have has been consummated in all material respects in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material All consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities (including the consent from the FCC approving the transfer of the FCC Licenses contemplated by the Documents which consent shall have become final) required in order to make or consummate the Transaction to the extent then required will have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained), except where the failure to so obtain, give, file or take would not have a material adverse effect on the business, operations, property, assets, liabilities, condition (financial or otherwise) or prospects of the Borrower or of Holdings and its Subsidiaries taken as whole. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event or the performance by any Credit Party of its obligations under the Documents to which it is partyrespective Documents. All actions taken by each Credit Party pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Chancellor Broadcasting Co /De/)

Transaction. At the time of consummation thereof, the ----------- Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to in accordance with the extent then required terms of the Documents and all applicable laws have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon any element of the Transaction, or the occurrence of any Credit Event Event, or the performance by any Credit Party the Borrower and its Subsidiaries of its their respective obligations under the Documents to which it is party. All actions taken by each Credit Party pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Alliance Imaging of Michigan Inc)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in all respects in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereofof the Transaction, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required will have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained), except where the failure to so obtain, give, file or take would not have a material adverse effect on the business, operations, property, assets, liabilities, condition (financial or otherwise) or prospects of the Borrowers taken as a whole or of the Borrowers and their Restricted Subsidiaries taken as a whole. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, Transaction or the occurrence of any Credit Event or the performance by any the Credit Party Parties of its their obligations under the Documents to which it is partyrespective Documents. All actions taken by each the Credit Party Parties pursuant to or in furtherance of the Transaction have been taken in material compliance in all material respects with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Furniture Brands International Inc)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities instrumentality's required in order to make or consummate the Transaction to the extent then required have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained)) except where the failure to obtain, give, file, or take has not had, and could not reasonably be expected to have, a Material Adverse Effect. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event or the performance by any Credit Party of its their obligations under the Documents to which it is partyand all applicable laws. All actions taken by each Credit Party the Borrower and its Subsidiaries pursuant to or in furtherance of the Transaction have been taken taken, and the Transaction has been consummated, in compliance in all material respects accordance with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Eye Care Centers of America Inc)

Transaction. At the time of consummation thereof, the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence making of any Credit Event the Loans or the performance by any Credit Party of its obligations under the Documents to which it is party. All actions taken by each Credit Party pursuant to or in furtherance of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Term Loan Agreement (Alpine Group Inc /De/)

Transaction. At the time of consummation thereofof the Transaction, the Transaction shall have been consummated in accordance with the terms of the respective Documents and all applicable laws. At the time of consummation thereof, all material consents and approvals of, and filings and registrations with, and all other actions in respect of, all governmental agencies, authorities or instrumentalities required in order to make or consummate the Transaction to the extent then required have been obtained, given, filed or taken and are or will be in full force and effect (or effective judicial relief with respect thereto has been obtained). All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Transaction. Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the Transaction, or the occurrence of any Credit Event or the performance by any Credit Party the Borrower of its obligations under the Documents to which it is partyrespective Documents. All actions taken by each Credit Party the Borrower pursuant to or in furtherance of and the consummation of the Transaction have been taken in compliance in all material respects with the respective Documents and all applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Tracor Inc /De)

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