Common use of Legality, etc Clause in Contracts

Legality, etc. The making of the requested extension of credit shall not (a) subject any Lender to any penalty or special tax (other than a Tax for which the Borrowers are required to reimburse the Lenders under Section 3.5.2), or (b) be prohibited by any Legal Requirement.

Appears in 3 contracts

Sources: Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD), Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD), Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD)

Legality, etc. The making of the requested extension of credit shall not (a) subject any Lender to any penalty or special tax (other than a Tax for which the Borrowers are Borrower is required to reimburse the Lenders under Section 3.5.2), 3.5) or (b) be prohibited by any Legal Requirement.

Appears in 2 contracts

Sources: Credit Agreement (Racing Champions Corp), Credit Agreement (Racing Champions Corp)

Legality, etc. The making of the requested extension of credit ------------- shall not (a) subject any Lender to any penalty or special tax (other than a Tax for which the Borrowers are required to reimburse the Lenders under Section 3.5.2), or (b) be prohibited by any Legal Requirement.

Appears in 1 contract

Sources: Senior Unsecured Revolving Credit Agreement (Ch2m Hill Companies LTD)

Legality, etc. The making of the requested extension of ------------- credit shall not (a) subject any Lender to any penalty or special tax (other than a Tax for which the Borrowers are Borrower is required to reimburse the Lenders under Section 3.5.2), 3.5) or (b) be prohibited by any Legal Requirement.

Appears in 1 contract

Sources: Credit Agreement (Westower Corp)

Legality, etc. The making of the requested extension of credit shall not (a) subject any Lender the Lenders to any penalty or special tax (other than a Tax for which the Borrowers are required to reimburse the Lenders under Section 3.5.2), or (b) be prohibited by any Legal Requirementlaw or governmental order or regulation applicable to the Lenders.

Appears in 1 contract

Sources: Credit Agreement (Geerlings & Wade Inc)

Legality, etc. The making of the requested extension of credit shall not (ai) subject any the Lender to any penalty or special tax (other than a Tax for which the Borrowers are required to reimburse the Lenders under Section 3.5.2), or (bii) be prohibited by any Legal Requirementlaw or governmental order or regulation applicable to the Lender.

Appears in 1 contract

Sources: Equipment Loan Agreement (Soluna Holdings, Inc)

Legality, etc. The making of the requested extension of credit shall not (a) subject any Lender to any penalty or special tax (other than a Tax for which the Borrowers are Company is required to reimburse the Lenders under Section 3.5.2), 3.6) or (b) be prohibited by any Legal Requirement (and the Lenders shall provide prompt notice to the Borrowers of any such penalty, special tax or Legal Requirement).

Appears in 1 contract

Sources: Credit Agreement (Marquee Group Inc)