Common use of Consummation of Transaction Clause in Contracts

Consummation of Transaction. As of the Restatement Effective Date, the Transaction shall have been consummated in accordance with the terms and conditions of the Transaction Documents and all applicable laws. 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 consummation of the Transaction. As of the Restatement Effective Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of Loans or the performance by the Borrower of its obligations under the Documents.

Appears in 3 contracts

Samples: Credit Agreement (Universal Outdoor Holdings Inc), Consolidation And (Universal Outdoor Inc), Credit Agreement (Universal Outdoor Inc)

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Consummation of Transaction. As of the Restatement Effective Date, the Transaction shall have been consummated in accordance with the terms and conditions of the Transaction Documents and all applicable laws. 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 consummation of the Transaction. As of the Restatement Effective Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of the Loans or the performance by the Borrower any Credit Party of its respective obligations under the Documents.

Appears in 3 contracts

Samples: Credit Agreement (Geo Specialty Chemicals Inc), Credit Agreement (Geo Specialty Chemicals Inc), Credit Agreement (Town Sports International Inc)

Consummation of Transaction. As of the Restatement Effective --------------------------- Date, the Transaction shall have been consummated in accordance with the terms and conditions of the Transaction Documents and all applicable laws. 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, or imposes material adverse conditions upon the consummation of the Transaction. As of the Restatement Effective Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of the Loans or the performance by the Borrower any Credit Party of its respective obligations under the Documents.

Appears in 1 contract

Samples: Credit Agreement (Geo Specialty Chemicals Inc)

Consummation of Transaction. As of the Restatement Effective Initial Borrowing Date, the Transaction shall have been consummated in accordance with the material terms and conditions of the Transaction Documents and all applicable laws. 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 consummation of the Transaction. As of the Restatement Effective Initial Borrowing Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of Loans or the performance by the Borrower any Credit Party of its their respective obligations under the Documents.

Appears in 1 contract

Samples: Credit Agreement (Amtrol Inc /Ri/)

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Consummation of Transaction. As of the Restatement Effective Initial Borrowing Date, the Transaction shall have been consummated in accordance with the terms and conditions of the Transaction Documents and all applicable laws. 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 consummation of the Transaction. As of the Restatement Effective Initial Borrowing Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of the Loans or the performance by the Borrower any Credit Party of its respective obligations under the Documents.

Appears in 1 contract

Samples: Credit Agreement (Penhall Co)

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