Common use of Restrictions on the Borrowers Clause in Contracts

Restrictions on the Borrowers. Neither any Borrower nor any Subsidiary of any Borrower is party to or bound by any contract, agreement or instrument, nor subject to any charter or other corporate restriction, materially and adversely affecting the condition (financial or otherwise), properties, business or results of operations of the Borrowers and their respective Subsidiaries taken as a whole.

Appears in 4 contracts

Samples: Credit Agreement (COURIER Corp), Revolving Credit Agreement (Courier Corp), Revolving Credit Agreement (Courier Corp)

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Restrictions on the Borrowers. Neither any Borrower nor any Subsidiary None of any Borrower the Borrowers is party to or bound by any contract, agreement or instrument, nor or subject to any charter or other corporate restriction, materially and adversely affecting the condition (its business, property, assets, operations or conditions, financial or otherwise), properties, business or results of operations of the Borrowers and their respective Subsidiaries taken as a whole.

Appears in 2 contracts

Samples: Credit and Security Agreement (Allou Health & Beauty Care Inc), Credit and Security Agreement (Allou Health & Beauty Care Inc)

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