Common use of Consummation of Transaction Clause in Contracts

Consummation of Transaction. As of the Restatement Effective Date, the Transaction shall have been consummated in accordance with the terms and conditions of the Transaction Documents and all applicable laws. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the consummation of the Transaction. As of the Restatement Effective Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of the Loans or the performance by any Credit Party of its respective obligations under the Documents.

Appears in 3 contracts

Sources: Credit Agreement (Geo Specialty Chemicals Inc), Credit Agreement (Geo Specialty Chemicals Inc), Credit Agreement (Town Sports International Inc)

Consummation of Transaction. As of the Restatement Effective Date, the Transaction shall have been consummated in accordance with the terms and conditions of the Transaction Documents and all applicable laws. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the consummation of the Transaction. As of the Restatement Effective Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of the Loans or the performance by any Credit Party the Borrower of its respective obligations under the Documents.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Universal Outdoor Holdings Inc), Acquisition Credit Agreement (Universal Outdoor Inc), Consolidation and Amendment (Universal Outdoor Inc)

Consummation of Transaction. As of the Restatement Effective Initial Borrowing Date, the Transaction shall have been consummated in accordance with the terms and conditions of the Transaction Documents and all applicable laws. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the consummation of the Transaction. As of the Restatement Effective Initial Borrowing Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of the Loans or the performance by any Credit Party of its respective obligations under the Documents.

Appears in 1 contract

Sources: Credit Agreement (Penhall Co)

Consummation of Transaction. As of the Restatement Effective --------------------------- Date, the Transaction shall have been consummated in accordance with the terms and conditions of the Transaction Documents and all applicable laws. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, have expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the consummation of the Transaction. As of the Restatement Effective Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of the Loans or the performance by any Credit Party of its respective obligations under the Documents.

Appears in 1 contract

Sources: Credit Agreement (Geo Specialty Chemicals Inc)

Consummation of Transaction. As of the Restatement Effective Date, the Transaction shall have been consummated in accordance with the terms and conditions of the Transaction Documents and all applicable laws. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the consummation of the Transaction. As of the Restatement Effective Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of the Loans or the issuance of Letters of Credit or the performance by any Credit Party of its respective obligations under the Documents.

Appears in 1 contract

Sources: Credit Agreement (Universal Hospital Services Inc)

Consummation of Transaction. As of the Restatement Effective Initial Borrowing Date, the Transaction shall have been consummated in accordance with the material terms and conditions of the Transaction Documents and all applicable laws. All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the consummation of the Transaction. As of the Restatement Effective Initial Borrowing Date, there does not exist any judgment, order, or injunction prohibiting the consummation of the Transaction, or the making of the Loans or the performance by any Credit Party of its their respective obligations under the Documents.

Appears in 1 contract

Sources: Credit Agreement (Amtrol Inc /Ri/)