Common use of No Legal Obstacle to Agreements Clause in Contracts

No Legal Obstacle to Agreements. Neither the execution of this Amendment, the making by the Company of any borrowings under the Agreement, as amended hereby, nor the performance of the Agreement by the Company has constituted or resulted in or will constitute or result in a breach of the provisions of any material agreement, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to the Company, or result in the creation under any material agreement of any security interest, lien, charge, or encumbrance upon any of the assets of the Company. No approval or authorization of any Governmental Person is required to be obtained by the Company to permit the execution, delivery or performance by the Company of this Amendment, the Agreement as amended hereby, or the transactions (other than the sale or disposition of the Discontinued Operations) contemplated hereby or thereby, or the making of any borrowing by the Company under the Agreement, as amended hereby.

Appears in 2 contracts

Samples: Credit Agreement (Mattel Inc /De/), Credit Agreement (Mattel Inc /De/)

AutoNDA by SimpleDocs

No Legal Obstacle to Agreements. Neither the execution of this Amendment, the making by the Company of any borrowings under the Agreement, as amended hereby, nor the performance of the Agreement Agreement, as amended hereby, by the Company has constituted or resulted in or will constitute or result in a breach of the provisions of any material agreementagreement to which the Company is a party or subject, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to the Company, or result in the creation under any material agreement of any security interest, lien, charge, or encumbrance upon any of the assets of the Company. No approval or authorization of any Governmental Person is required to be obtained by the Company to permit the execution, delivery or performance by the Company of this Amendment, the Agreement as amended hereby, or the transactions (other than the sale or disposition of the Discontinued Operations) contemplated hereby or thereby, or the making of any borrowing by the Company under the Agreement, as amended hereby.

Appears in 1 contract

Samples: Term Loan Agreement (Mattel Inc /De/)

No Legal Obstacle to Agreements. Neither the execution of this Amendment, the making by the Company of any borrowings under the Agreement, as amended hereby, nor the performance of the Agreement by the Company has constituted or resulted in or will constitute or result in a breach of the provisions of any material agreement, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to the Company, or result in the creation under any material agreement of any security interest, lien, charge, or encumbrance upon any of the assets of the Company. No approval or authorization of any Governmental Person is required to be obtained by the Company to permit the execution, delivery or performance by the Company of this Amendment, the Agreement as amended hereby, or the transactions (other than the sale or disposition of the Discontinued Operations) contemplated hereby or thereby, or the making of any borrowing by the Company under the Agreement, as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Mattel Inc /De/)

AutoNDA by SimpleDocs

No Legal Obstacle to Agreements. Neither the execution of this First Amendment, the making by the Company of any borrowings under the Agreement, as amended hereby, nor the performance of the Agreement by the Company has constituted or resulted in or will constitute or result in a breach of the provisions of any material agreement, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to the Company, or result in the creation under any material agreement of any security interest, lien, charge, or encumbrance upon any of the assets of the Company. No approval or authorization of any Governmental Person is required to be obtained by the Company to permit the execution, delivery or performance by the Company of this First Amendment, the Agreement as amended hereby, or the transactions (other than the sale or disposition of the Discontinued Operations) contemplated hereby or thereby, or the making of any borrowing by the Company under the Agreement, as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Dames & Moore Inc /De/)

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