Common use of EFFECT OF LAW Clause in Contracts

EFFECT OF LAW. No law or regulation affecting the Lender's entering into the secured financing transaction contemplated by this Agreement shall impose upon the Lender any material obligation, fee, liability, loss, cost, expense or damage.

Appears in 7 contracts

Samples: Credit and Security Agreement (Primegg LTD), Credit and Security Agreement (Premiumwear Inc), Credit and Security Agreement (Simon Transportation Services Inc)

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EFFECT OF LAW. No law or regulation affecting the Lender's entering into the secured financing transaction contemplated by this Agreement shall impose upon the Lender any material obligation, fee, liability, loss, cost, expense or damage.

Appears in 4 contracts

Samples: Loan and Security Agreement (Elxsi Corp /De//), Loan and Security Agreement (Elxsi Corp /De//), Loan and Security Agreement (Elxsi Corp /De//)

EFFECT OF LAW. No law or regulation affecting the Lender's entering into the secured financing transaction contemplated by this Agreement shall impose upon the Lender any material obligation, fee, liability, loss, penalty, cost, expense or damage.

Appears in 1 contract

Samples: Loan and Security Agreement (Rainbow Rentals Inc)

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EFFECT OF LAW. No law or regulation affecting the Lender's entering into the secured financing transaction contemplated by this Agreement shall impose upon the Lender any material obligation, fee, liability, loss, cost, expense or damage.

Appears in 1 contract

Samples: Loan and Security Agreement (CMC Industries Inc)

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