Common use of Legal Investment Clause in Contracts

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock or any of the other transactions contemplated by this Agreement or the other Transaction Agreements not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock or any of Notes and Warrants and the other transactions contemplated by this Agreement or the other Transaction Agreements Documents not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock or any of Transferred Shares and the other transactions contemplated by this Agreement or any of the other Transaction Agreements Operative Documents not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock or any of Notes and the Option and the other transactions contemplated by this Agreement, the Notes and the Securityholders Agreement or the other Transaction Agreements not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock or any of the other transactions contemplated by this Agreement or and the other Transaction Agreements not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock or any of Notes and the other transactions contemplated by this Agreement, the Notes and the Securityholders Agreement or the other Transaction Agreements not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the Closing Date, there shall not be in ---------------------- effect any Law or Order directing that the purchase and sale of the Purchased Stock or any of Transferred Shares and the other transactions contemplated by this Agreement or any of the other Transaction Agreements Operative Documents not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock Securities or the Trust Preferred Securities or any of the other transactions contemplated by this Agreement or the other Transaction Agreements not be consummated or which has the effect of rendering it unlawful to consummate such transactionstransactions (other than solely as a result of any actions of the Company taken other than in accordance with the provisions of the Transaction Agreements).

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock or any of Warrant and the other transactions contemplated by this Agreement, the Warrant and the Restated Rights Agreement or the other Transaction Agreements not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the such Closing Date, there shall not be in effect ---------------- any Applicable Law or Order directing that the purchase and sale of the Purchased Stock or any of Shares and the other transactions contemplated by this Agreement or and the other Transaction Agreements Stockholders Agreement not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the Closing Date, there shall not be in effect ---------------- any Applicable Law or Order directing that the purchase and sale of the Purchased Stock or any of Shares and the other transactions contemplated by this Agreement or and the other Transaction Agreements Stockholders Agreement not be consummated or which has the effect of rendering it unlawful to consummate such transactions.

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock Securities or the Trust Preferred Securities or any of the other transactions contemplated by this Agreement or and the other Transaction Agreements not be consummated or which has the effect of rendering it unlawful to consummate such transactionstransactions (other than solely as a result of any actions of the Purchasers taken other than in accordance with the provisions of the Transaction Documents).

Legal Investment. On the Closing Date, there shall not be in effect any Law or Order directing that the purchase and sale of the Purchased Stock or any of the other transactions contemplated by this Agreement or the other Transaction Agreements not be consummated or which has the effect of rendering it unlawful to consummate such transactions.