Common use of Material Contracts; Burdensome Restrictions Clause in Contracts

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party, including all employee benefit plans and Labor Contracts, are valid, binding and enforceable upon such Loan Party and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party. No contract, lease, agreement or other instrument to which Borrower or any of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have a Material Adverse Change.

Appears in 2 contracts

Sources: Revolving Credit and Letter of Credit Issuance Agreement (Rti International Metals Inc), Revolving Credit and Letter of Credit Issuance Agreement (Rmi Titanium Co)

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts, Contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan PartyParty or Subsidiary. No contractNone of the Loan Parties or their Subsidiaries is bound by any contractual obligation, leaseor subject to any restriction in any organization document, agreement or other instrument to which Borrower or any requirement of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have which could result in a Material Adverse Change.

Appears in 2 contracts

Sources: Credit Agreement (Too Inc), Credit Agreement (Papa Johns International Inc)

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts, are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan PartyParty or Subsidiary. No contractNone of the Loan Parties or their Subsidiaries is bound by any contractual obligation, lease, agreement or other instrument subject to which Borrower any restriction in any organization document or any requirement of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have Law, which could result in a Material Adverse Change.

Appears in 2 contracts

Sources: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)

Material Contracts; Burdensome Restrictions. All The material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts, Contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan PartyParty or Subsidiary. No contractNone of the Loan Parties or their Subsidiaries is bound by any contractual obligation, leaseor subject to any restriction in any organization document, agreement or other instrument to which Borrower or any requirement of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have which could result in a Material Adverse Change.

Appears in 2 contracts

Sources: Credit Agreement (Ii-Vi Inc), Revolving Credit Facility (Ii-Vi Inc)

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party, including all employee benefit plans Party and Labor Contracts, each Subsidiary of each Loan Party are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan PartyParty or Subsidiary. No contractNone of the Loan Parties or their Subsidiaries is bound by any contractual obligation, leaseor subject to any restriction in any organization document, agreement or other instrument to which Borrower or any requirement of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have which could result in a Material Adverse Change.

Appears in 2 contracts

Sources: Credit Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/)

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts, Contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan PartyParty or Subsidiary. No contractNone of the Loan Parties or their Subsidiaries is bound by any contractual obligation, leaseor subject to any restriction in any organization document, agreement or other instrument to which Borrower or any requirement of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have that could result in a Material Adverse Change.

Appears in 1 contract

Sources: Credit Agreement (Whiteford Partners L P)

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts, Contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default claimed thereunder with respect that would enable the non-defaulting party to such Loan Party, and there is no default thereunder, to terminate the contract. None of the Loan Parties' knowledgeParties or their Subsidiaries is bound by any contractual obligation, with respect or subject to parties other than such Loan Party. No contractany restriction in any organization document, lease, agreement or other instrument to which Borrower or any requirement of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have which could result in a Material Adverse Change.

Appears in 1 contract

Sources: Credit Agreement (Ii-Vi Inc)

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts, Contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan PartyParty or Subsidiary. No contractNone of the Loan Parties or their Subsidiaries is bound by any contractual obligation, leaseor subject to any restriction in any organization document, agreement or other instrument to which Borrower or any requirement of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have which could result in a Material Adverse Change.

Appears in 1 contract

Sources: Credit Agreement (Too, Inc.)