Contractual Restrictions Sample Clauses
A Contractual Restrictions clause sets out specific limitations or prohibitions on the actions of one or both parties under the agreement. This may include restrictions on disclosing confidential information, engaging in competing business activities, or transferring rights and obligations to third parties. By clearly defining what is not permitted, this clause helps prevent disputes and protects the interests of the parties by ensuring compliance with agreed boundaries.
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Contractual Restrictions. 35 15. INDEMNIFICATIONS.........................................................35 16. GAIN RECOGNITION CONSENT REQUIREMENTS....................................37
Contractual Restrictions. For as long as any shares of Series A Preferred Stock are outstanding, neither the Company nor its Subsidiaries will enter into any Contract that would prohibit or limit the Company's ability to pay dividends on the Series A Preferred Stock or to redeem or effect the conversion of the Series A Preferred Stock in accordance with the Series A Certificate of Designations.
Contractual Restrictions. No party shall be required to comply with the first opportunity and notification rights set forth in Article II of this Agreement if such compliance would violate any confidentiality requirement or other contractual restriction binding on such party.
Contractual Restrictions. Borrower is not a party to any indenture, loan or credit agreement or any lease or other agreement or instrument or subject to any charter or corporate restriction, which would result in a Material Adverse Effect.
Contractual Restrictions. Neither the Borrower nor any of its Subsidiaries shall be subject to any Requirement of Law or any contractual or other restrictions that would be violated by the consummation of the Transactions or the other transactions hereby, including the granting of security interests and guarantees required by this Agreement, except to the extent that any such violation would not reasonably be expected to have a material adverse effect on (i) the business, assets, condition (financial or otherwise) or results of operations of the Borrower and its Subsidiaries taken as a whole, (ii) (A) the validity or enforceability of this Agreement or the other Credit Documents, or (B) the rights or remedies of the Administrative Agent or the Lenders hereunder or thereunder, or (iii) the ability of the Borrower or any of its Subsidiaries taken as a whole to satisfy their obligations hereunder or thereunder.
Contractual Restrictions. You represent and warrant to Quaker that: (a) there are no restrictions, agreements, or understandings to which you are a party that would prevent or make unlawful your employment with Quaker and (b) your employment by Quaker shall not constitute a breach of any contract, agreement, or understanding, oral or written, to which you are a party or by which you are bound.
Contractual Restrictions. The Company and its Subsidiaries shall ------------------------ not be subject to any contractual or other restrictions that would be violated by the Merger or the other transactions contemplated hereby, including the granting of security interests and guarantees under the Credit Documents and the documentation with respect to the Synthetic Lease Facility, except to the extent that any such violation would not reasonably be expected to have a material adverse effect on (i) the business, assets, condition (financial or otherwise) or results of operations of the Company and its Subsidiaries, taken as a whole, (ii) (A) the validity or enforceability of this Agreement, any of the Notes or the other Credit Documents or (B) the rights or remedies of the Administrative Agent or the Lenders hereunder or thereunder, or (iii) the ability of the Borrowers to satisfy their obligations hereunder or thereunder.
Contractual Restrictions. Seller has not entered into any prepayments arrangement, take-or-pay arrangement, buydown, property-specific hedging arrangement, buyout or storage arrangement, or production payment or any other arrangement to deliver oil and gas produced from the Subject Assets at some future time and/or for some future price which would be in effect as to the Subject Assets after the Effective Time.
Contractual Restrictions. There are no contractual restrictions with any Person at Arm’s Length to the Covenantor, the Borrower and each Designated Subsidiary on the declaration of dividends or distributions by any Designated Subsidiary which would reasonably be expected to have a Material Adverse Effect.
Contractual Restrictions. Each Stockholder agrees that he or she will not offer, sell, assign, pledge, hypothecate, transfer or otherwise dispose of or reduce his or her risk with respect to any of the shares of Metals Stock issued to such Stockholder pursuant to this Agreement prior to the date one year after the date hereof. Certificates representing the Metals Stock issued to the Stockholders shall bear a legend or legends reflecting the foregoing restriction as well as the restrictions referred to in Section 14.2 hereof.