Common use of UK Financial Assistance Clause in Contracts

UK Financial Assistance. Neither the execution, delivery or performance of any of the Loan Documents nor the incurrence of any of the Obligations by any Loan Party constitutes or will constitute unlawful financial assistance for the purposes of sections 151 to 154 (inclusive) of the United Kingdom Companies Act 1985 (as re-enacted or amended from time to time).

Appears in 3 contracts

Samples: Credit Agreement (Magnachip Semiconductor LLC), Credit Agreement (Magnachip Semiconductor LLC), Credit Agreement (MagnaChip Semiconductor LTD (United Kingdom))

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UK Financial Assistance. Neither the execution, delivery or and performance of any of the Loan Documents nor the incurrence of any of the Obligations obligations or liabilities (actual or contingent) thereunder by any Loan Party incorporated under the laws of England and Wales constitutes or will constitute unlawful financial assistance for the purposes of sections Sections 151 to 154 158 (inclusive) of the United Kingdom Companies Act 1985 (as amended or otherwise re-enacted or amended from time to time).

Appears in 2 contracts

Samples: Credit Agreement (SGS International, Inc.), Credit Agreement (Southern Graphic Systems, Inc.)

UK Financial Assistance. Neither the execution, delivery or performance of any of the Loan Documents nor the incurrence of any of the Obligations and liabilities thereunder by any Loan UK Borrower or any other Credit Party constitutes or will constitute unlawful financial assistance for the purposes of sections 151 to 154 158 (inclusive) of the United Kingdom Companies Act 1985 (as re-enacted or amended from time the equivalent provisions of any other jurisdiction applicable to time)any Credit Party.

Appears in 2 contracts

Samples: Credit Agreement (Mobile Storage Group Inc), Credit Agreement (Mobile Storage Group Inc)

UK Financial Assistance. Neither the execution, delivery or and performance of any of the Loan Documents nor the incurrence of any of obligations or liabilities (actual or contingent) thereunder by the Obligations by any Loan Party UK Guarantor constitutes or will constitute unlawful financial assistance for the purposes of sections 151 677 to 154 683 (inclusive) of the United Kingdom Companies Act 1985 2006 (as amended or otherwise re-enacted or amended from time to time).

Appears in 1 contract

Samples: Credit Agreement (Kendle International Inc)

UK Financial Assistance. Neither the execution, delivery or and the performance of any of the Loan Documents nor the incurrence of any of the Obligations obligations or liabilities thereunder by any Loan Party UK Guarantor constitutes or will constitute unlawful financial assistance for the purposes of sections 151 667 to 154 683 (inclusive) of the United Kingdom Companies Act 1985 of 2006 (as amended or otherwise re-enacted or amended from time to time).

Appears in 1 contract

Samples: Senior Secured Interim Loan Agreement (Avis Budget Group, Inc.)

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UK Financial Assistance. Neither the execution, delivery or and the performance of any of the Loan Documents nor the incurrence of any of obligations or liabilities thereunder by the Obligations by any Loan Party UK Borrower constitutes or will constitute unlawful financial assistance for the purposes of sections 151 to 154 158 (inclusive) of the United Kingdom Companies Act of 1985 (as amended or otherwise re-enacted or amended from time to time).

Appears in 1 contract

Samples: Credit Agreement (International Textile Group Inc)

UK Financial Assistance. Neither the execution, delivery or and the performance of any of the Loan Documents nor the incurrence of any of the Obligations obligations or liabilities thereunder by any Loan Party UK Guarantor constitutes or will constitute unlawful financial assistance for the purposes of sections 151 to 154 158 (inclusive) of the United Kingdom Companies Act of 1985 (as amended or otherwise re-enacted or amended from time to time).

Appears in 1 contract

Samples: Credit Agreement (Skillsoft Public Limited Co)

UK Financial Assistance. Neither the execution, delivery or and performance of any of the Loan Documents nor the incurrence of any of obligations or liabilities (actual or contingent) thereunder by the Obligations by any Loan Party UK Guarantor constitutes or will constitute unlawful financial assistance for the purposes of sections 151 to 154 158 (inclusive) of the United Kingdom Companies Act 1985 (as amended or otherwise re-enacted or amended from time to time).

Appears in 1 contract

Samples: Credit Agreement (Kendle International Inc)

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