Common use of No Burdensome Agreements Clause in Contracts

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. 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 could reasonably be expected to result in a wholeMaterial Adverse Effect, 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 Indebtedness either upon demand or upon the happening of a condition, with or without such demand, other than Permitted Liens.

No Burdensome Agreements. Neither the Company nor any Subsidiary is a party to or bound by any agreement, instrument or undertaking, or subject to any other restriction, restriction (ia) which materially adversely affects affects, or is likely in the future to so affect, the property, financial condition or business operations of the Company and its Subsidiaries taken as a whole, or any Subsidiary or (iib) under or pursuant to which the Company or any Subsidiary is or will be required to place grant (or under which any other person Person may placeobtain) a security interest or lien upon any of its properties securing indebtedness property (other than a Permitted Lien), either upon demand or upon the happening fulfillment of a condition, with or without such demand, other than Permitted Liens.

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 or may in the future so affect the property, financial condition or business operations of the Company and its Subsidiaries taken as a wholeor any Subsidiary, 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. Neither the Company nor any Subsidiary is a party to to, or is bound by, any agreement, instrument or undertaking, or subject to any other restriction, restriction (ia) which materially adversely affects or is likely in the future to so affect the property, financial condition or business operations of the Company and its Subsidiaries taken as a wholeor any Subsidiary, or (iib) 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 Indebtedness either upon demand or upon the happening fullfillment of a condition, with or without such demand, other than Permitted Liens.

No Burdensome Agreements. Neither the Company nor any Subsidiary ------------------------ is a party to any agreement, agreement or instrument or undertaking, or nor is subject to any other restrictionRequirement of Law, (i) or any restriction under its certificate of incorporation or by-laws which materially adversely affects the propertybusiness, properties, assets, operations or 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 LiensSubsidiary.