Common use of No Actions or Proceedings Clause in Contracts

No Actions or Proceedings. No action or proceeding shall have been instituted nor shall any governmental action be threatened before any Governmental Authority, nor shall any order, judgment or decree have been issued or proposed to be issued by any Governmental Authority that would have a material adverse effect on the ability of the Borrower, the Borrower Parent or Guarantor to perform their respective obligations under the Basic Agreements;

Appears in 6 contracts

Samples: Loan Agreement (Atlas Air Worldwide Holdings Inc), Loan Agreement (Atlas Air Worldwide Holdings Inc), Loan Agreement (Atlas Air Worldwide Holdings Inc)

AutoNDA by SimpleDocs

No Actions or Proceedings. No action or proceeding shall have been instituted nor shall any governmental action be threatened before any Governmental Authority, nor shall any order, judgment or decree have been issued or proposed to be issued by any Governmental Authority that would have a material adverse effect Authority, on the ability Advance Date to set aside, restrain, enjoin or prevent the completion and consummation of this Loan Agreement or the Borrower, the Borrower Parent or Guarantor to perform their respective obligations under the Basic Agreements;transactions contemplated hereby.

Appears in 2 contracts

Samples: Framework Agreement (Spirit Airlines, Inc.), Framework Agreement (Spirit Airlines, Inc.)

AutoNDA by SimpleDocs

No Actions or Proceedings. No action or proceeding shall have been instituted nor shall any governmental action be threatened before any Governmental Authority, nor shall any order, judgment or decree have been issued or proposed to be issued by any Governmental Authority that would have a material adverse effect Authority, on the ability Advance Date to set aside, restrain, enjoin or prevent the completion and consummation of this Loan Agreement or the Borrower, the Borrower Parent or Guarantor to perform their respective obligations under the Basic Agreements;transactions contemplated hereby. Exhibit 10.1

Appears in 1 contract

Samples: Framework Agreement (Spirit Airlines, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.