Common use of No Legal Prohibition Clause in Contracts

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject any Agent or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a Material Adverse Change.

Appears in 13 contracts

Samples: Credit Agreement (Whiting Petroleum Corp), Credit Agreement (Denbury Resources Inc), Credit Agreement (Whiting Petroleum Corp)

AutoNDA by SimpleDocs

No Legal Prohibition. The transactions contemplated by this Agreement and the other Loan Papers shall be permitted by applicable Law and regulation and such Laws and regulations shall not subject Administrative Agent, any Agent Bank, or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a any Material Adverse Change.

Appears in 7 contracts

Samples: Credit Agreement (Laredo Petroleum, Inc.), Credit Agreement (Laredo Petroleum - Dallas, Inc.), Credit Agreement (Laredo Petroleum, Inc.)

No Legal Prohibition. The transactions contemplated by this Agreement and the other Loan Papers shall be permitted by applicable Law and regulation and such Laws shall not subject Administrative Agent, any Agent Bank, or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a any Material Adverse Change.

Appears in 5 contracts

Samples: Credit Agreement (Brigham Minerals, Inc.), Credit Agreement (Sitio Royalties Corp.), Credit Agreement (Brigham Minerals, Inc.)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject Administrative Agent, any Agent Bank, or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a any Material Adverse Change.

Appears in 4 contracts

Samples: Credit Agreement (Venus Exploration Inc), Credit Agreement (Exco Resources Inc), Credit Agreement (Encore Acquisition Co)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject any Agent or any Bank Lender to any material adverse change Material Adverse Change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Credo Petroleum Corp), Credit Agreement (Earthstone Energy Inc)

No Legal Prohibition. The transactions contemplated by this Agreement and the other Loan Documents shall be permitted by applicable Law law and regulation and such laws and regulations shall not subject Administrative Agent, any Agent Lender, or any Bank Loan Party to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a Material Adverse ChangeEffect.

Appears in 2 contracts

Samples: Credit Agreement (Midstates Petroleum Company, Inc.), Credit Agreement (Midstates Petroleum Company, Inc.)

No Legal Prohibition. The transactions contemplated by this -------------------- Agreement shall be permitted by applicable Law and regulation and shall not subject any Agent Agent, any Bank, or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a any Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Quicksilver Resources Inc), Credit Agreement (Quicksilver Resources Inc)

No Legal Prohibition. The transactions contemplated by this Agreement and the other Loan Papers shall be permitted by applicable Law law and regulation and shall not subject Agents, any Agent Bank, Borrower or any Bank of its Subsidiaries to any material adverse change in its their assets, liabilities, financial condition, operations condition or prospects or subject any Credit Party to a Material Adverse Changeprospects.

Appears in 1 contract

Samples: Credit Agreement (Patina Oil & Gas Corp)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject any Agent or any Bank Lender to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

No Legal Prohibition. The transactions contemplated by this Agreement and the other Loan Papers shall be permitted by applicable Law and regulation and shall not subject any Agent Agent, any Bank, or any Bank Credit Party to any material adverse change in its their assets, liabilities, financial condition, operations condition or prospects or subject any Credit Party to a Material Adverse Changeprospects.

Appears in 1 contract

Samples: Credit Agreement (Prize Energy Corp)

No Legal Prohibition. The transactions contemplated by this Agreement and the other Loan Documents shall be permitted by applicable Law and regulation and shall not subject any Agent Agent, any Bank, or any Bank Credit Party to any material adverse change in its their assets, liabilities, financial condition, operations condition or prospects or subject any Credit Party to a Material Adverse Changeprospects.

Appears in 1 contract

Samples: Credit Agreement (Castle Energy Corp)

No Legal Prohibition. The transactions contemplated by this ---------------------- Agreement shall be permitted by applicable Law and regulation and shall not subject any Agent or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Denbury Resources Inc)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject Agent, any Agent Bank, Borrower or any Bank Subsidiary of Borrower to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

AutoNDA by SimpleDocs

No Legal Prohibition. The transactions contemplated by this Agreement and the other Loan Papers shall be permitted by applicable Law Governmental Requirement and regulation and such Governmental Requirements and regulations shall not subject the Administrative Agent, any Agent Bank, or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a any Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Vital Energy, Inc.)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject any Agent Agent, any Bank, or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a any Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation Regulation and shall not subject Administrative Agent, any Agent Bank, or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a any Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Encore Acquisition Co)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject Agent, any Agent Bank, or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a any Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject any Agent or any Bank to any material adverse change in its assets, liabilities, financial condition, condition or operations or prospects or subject any Credit Party to a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject Administrative Agent, any Agent Bank, Borrower or any Bank Subsidiary of Borrower to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject any Agent Agent, any Bank, or any Bank to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a any Material Adverse Change.. (d) (e)

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

No Legal Prohibition. The transactions contemplated by this Agreement shall be permitted by applicable Law and regulation and shall not subject Administrative Agent, any Agent Bank, Borrower or any Bank Guarantor to any material adverse change in its assets, liabilities, financial condition, operations or prospects or subject any Credit Party to a Material Adverse Changeprospects.

Appears in 1 contract

Samples: Credit Agreement (Mariner Energy Inc)

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