Common use of Legality of Transactions Clause in Contracts

Legality of Transactions. It shall not be unlawful (a) for any Bank to perform any of its agreements or obligations under any of the Loan Documents to which the Bank is a party on the Drawdown Date of such Loans, or (b) for any of the Hasbro Companies to perform any of its material agreements or obligations under any of the Loan Documents to which it is a party on such date.

Legality of Transactions. It With respect to any such obligation of any Bank, it shall not be unlawful (a) for any such Bank to perform any of its agreements or obligations under any of the Loan Documents to which the such Bank is a party on the Drawdown Date of such Loans, or (b) for any of the Hasbro Companies to perform any of its material agreements or obligations under any of the Loan Documents to which it is a party on such date.. Page 109

Legality of Transactions. It shall not be unlawful (a) for any Bank to perform any of its agreements or obligations under any of the Loan Documents to which the Bank is a party on the Drawdown Date of date on which such Loans, subsequent borrowing is to be made or (b) for any of the Hasbro Companies Loan Party to perform any of its material agreements or obligations under any of the Loan Documents to which it is a party on such dateDocuments.

Legality of Transactions. It shall not be unlawful (a) for any Bank to perform any of its agreements or obligations under any of the Loan Documents to which the such Bank is a party on the Drawdown Date of such Loans, Loan or Letter of Credit or (b) for the Company or any of the Hasbro Companies Guarantor to perform any of its their material agreements or obligations under any of the Loan Documents to which it the Company or such Guarantor is a party on such date.

Legality of Transactions. It shall not be unlawful (ai) for any Bank Borrower to perform any of its agreements or obligations under any of the Loan Documents to which such Borrower is a party on the Closing Date or (ii) with respect to obligations of each Bank to make any Revolving Credit Loans or to issue Letters of Credit subsequent to the first Revolving Credit Loan, for such Bank to perform any of its agreements or obligations under any of such Loan Documents to which such Bank is a party on the Drawdown Date of such Loans, or (b) for any of the Hasbro Companies to perform any of its material agreements or obligations under any of the Loan Documents to which it is a party on such dateRevolving Credit Loan.

Legality of Transactions. It shall not be unlawful (a) for any Bank of the Banks to perform any of its the agreements or obligations under any of the Loan Documents to which the Bank any of them is a party on the Drawdown Date of such LoansLoan or the date of issuance of such Letter of Credit other than those waived by Borrower, or (b) for any of each party other than the Hasbro Companies Banks and the Agent to perform any of its material their respective agreements or obligations under any of the Loan Documents to which it any of them is a party on such date.