No Burdensome Agreements Sample Clauses

No Burdensome Agreements. To the best of the knowledge of the Company, other than this Agreement and the related documents, the Company is not a party to any contract or agreement with any Affiliate of the Company, the terms of which are less favorable to the Company than those which might have been obtained, at the time such contract or agreement was entered into, from a person who was not such an Affiliate.
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No Burdensome Agreements. None of Borrower or any Subsidiary is a party to any agreement, instrument or undertaking or subject to any other restriction (a) which presently has a material adverse affect upon the property, financial condition or business operations of Borrower or any Subsidiary, or (b) under or pursuant to which Borrower or any Subsidiary is or will be required to place (or under which any other Person may place) a lien upon any of its properties securing indebtedness either upon demand or upon the happening of a condition, with or without such demand.
No Burdensome Agreements. Neither the Company nor any Subsidiary is a party to any agreement, instrument or undertaking, or subject to any other restriction, (i) which materially adversely affects the property, financial condition or business operations of the Company and its Subsidiaries taken as a whole, or (ii) under or pursuant to which the Company or any Subsidiary is or will be required to place (or under which any other person may place) a lien upon any of its properties securing indebtedness either upon demand or upon the happening of a condition, with or without such demand, other than Permitted Liens.
No Burdensome Agreements. Except as may have been disclosed by the Borrower in writing to the Lenders prior to the Closing Date or that would otherwise be permitted under the Loan Documents, neither the Borrower nor the Guarantor is a party to any agreement or instrument or subject to any other obligation or any charter or corporate or partnership restriction, as the case may be, which, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.
No Burdensome Agreements. Neither the Borrower, nor any of its Restricted Subsidiaries, is bound by any Contractual Obligation that limits the ability of any Restricted Subsidiary to pay dividends or make other payments or distributions to the Borrower or any Restricted Subsidiary or to otherwise transfer property to the Borrower or any Restricted Subsidiary; provided that any such Contractual Obligation of a Person existing at the time such Person is merged with or into or consolidated with or acquired, or existing at the time of the acquisition of assets that are subject to such a Contractual Obligation, shall be permitted so long as such Contractual Obligation was not entered into in contemplation of, and was in existence prior to such merger, consolidation or acquisition and does not extend to any assets other than those acquired or the assets of the Person merged into or consolidated that were subject to such Contractual Obligation prior to such merger, consolidation or acquisition. No Holding Company Unrestricted MLP Subsidiary is bound by any Contractual Obligation that limits the ability of any Holding Company Unrestricted MLP Subsidiary to pay dividends or make other payments or distributions to the owners of equity interests in such Holding Company Unrestricted MLP Subsidiary in any manner that is more restrictive than those existing and in effect as of the Closing Date as described on Schedule 5.17; provided that the issuance by an MLP of limited partnership interests with preferential distribution rights shall not be deemed to violate this provision.
No Burdensome Agreements. The Lessee is a party to any agreement the terms of which now have, or, as far as can be reasonably foreseen, may have, a material adverse affect on its respective financial condition or business or on the operation of the Leased Property.
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No Burdensome Agreements. Neither the Borrower nor any Subsidiary is a party to or has assumed any indenture, loan or credit agreement or any lease or other agreement or instrument or subject to any charter or other corporate restriction that could result in a Material Adverse Change.
No Burdensome Agreements. Borrower warrants that Borrower is not a party to any contract or agreement and is not subject to any contingent liability that does or may impair Borrower's ability to perform under the terms of this Agreement. Borrower further warrants that the execution and performance of this Agreement will not cause a default, acceleration or other event under any other contract or agreement to which Borrower or any property of Borrower is subject, and will not result in the imposition of any charge, penalty, lien or other encumbrance against any of Borrower's property except in favor of Lender.
No Burdensome Agreements. 36 10.1.8 Commercial Acts.......................................................................36 10.1.9 Adequate Capital, Not Insolvent.......................................................36 10.1.10 Not Delinquent....................................................................36 10.1.11 No Affiliate Debt.................................................................36 10.1.12
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