Common use of EFFECT OF LAW Clause in Contracts

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Decrane Aircraft Holdings Inc), Loan and Security Agreement (Unifrax Investment Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Robertson Ceco Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Oregon Metallurgical Corp)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Pioneer East Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Pioneer Companies Inc)

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