Common use of No Burdensome Restrictions; No Defaults Clause in Contracts

No Burdensome Restrictions; No Defaults. (a) None of the Company or any of its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Marquee Holdings Inc.), Credit Agreement (Marquee Holdings Inc.), Credit Agreement (Amc Entertainment Inc)

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No Burdensome Restrictions; No Defaults. (a) None No Loan Party and none of the Company or any of its their respective Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Hayes Lemmerz International Inc), Credit Agreement (Hli Operating Co Inc)

No Burdensome Restrictions; No Defaults. (a) None of the Company Borrowers or any of its their respective Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

No Burdensome Restrictions; No Defaults. (a) None of Neither the Company or Borrower nor any of its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, have a Material Adverse Effect in the aggregate or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the property or assets of any thereof or (ii) is subject to one or more any charter or corporate restrictions restriction that would, in the aggregate, would have a Material Adverse EffectEffect in the aggregate.

Appears in 2 contracts

Samples: Credit Agreement (Washington Group International Inc), Credit Agreement (Washington Group International Inc)

No Burdensome Restrictions; No Defaults. (a) None of Neither the Company or Borrower nor any of its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, be reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Letter of Credit Agreement (FMC Corp), Credit Agreement (FMC Corp)

No Burdensome Restrictions; No Defaults. (a) None of the Company or any of its Subsidiaries No Debtor (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien (x) permitted under Section 8.2 or (Liens, Etc.)y) created pursuant to the Related Documents) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: And Guarantee Agreement (Us Concrete Inc)

No Burdensome Restrictions; No Defaults. (a) None of Neither the Company or U.S. Borrower nor any of its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (FMC Corp)

No Burdensome Restrictions; No Defaults. (a) None of Neither the Company or nor any of its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 8.1 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (FMC Corp)

No Burdensome Restrictions; No Defaults. (a) None of the Company Borrower or any Subsidiary of its Subsidiaries the Borrower (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)6.1) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Tekni Plex Inc)

No Burdensome Restrictions; No Defaults. (a) None of the Company Borrower or any of its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 5.2 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Amc Entertainment Holdings, Inc.)

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No Burdensome Restrictions; No Defaults. (a) None of Neither the Company or Borrower nor any of its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)5.04(b) on the assets of any thereof or (ii) is subject to one or more charter or corporate corporate, limited liability company or partnership restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Massey Energy Co)

No Burdensome Restrictions; No Defaults. (a) None of Neither Holdings, the Company or Borrower nor any of its their respective Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Massey Energy Co)

No Burdensome Restrictions; No Defaults. (a) None of the Company Holdings or any of its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (S&c Resale Co)

No Burdensome Restrictions; No Defaults. (a) None of the Company or Neither Holdings nor any of its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, have a Material Adverse Effect in the aggregate over all such Contractual Obligations or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the property or assets of any thereof or (ii) is subject to one or more any charter or corporate restrictions restriction that would, in the aggregate, would have a Material Adverse EffectEffect in the aggregate over all such restrictions.

Appears in 1 contract

Samples: Credit Agreement (Aviall Inc)

No Burdensome Restrictions; No Defaults. (a) None of the Company or any of Borrower and its Subsidiaries (i) is a party to any Contractual Obligation the compliance with one or more of which would have, in the aggregate, a Material Adverse Effect or the performance of which by any thereof, either unconditionally or upon the happening of an event, would result in the creation of a Lien (other than a Lien permitted under Section 8.2 (Liens, Etc.)) on the assets of any thereof or (ii) is subject to one or more charter or corporate restrictions that would, in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Premcor Inc)

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