Common use of Ability to Carry Out Obligations Clause in Contracts

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaws, or other agreement or instrument to which either is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCC, or (c) any event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCC.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC LBI of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaws, or other agreement or instrument to which either is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCLBI., or (c) any event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCCLBI.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC ACEI and the performance by ACEI of its obligations hereunder in the time and in the manner contemplated will not cause, constitute constitute, or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylawsby-laws, or other agreement or instrument to which either ACEI is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, ; (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCC, ACEI; or (c) any an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCCACEI.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC ICT and the performance by ICT of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles article of incorporation, bylawsbylaw, or other agreement or instrument to which either ICT is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCICT, or (c) any an event that would result in the creation or imposition of any lien, charge, charge or encumbrance on any asset of FCCICT.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC Holdings and the performance by Holdings of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (ai) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles article of incorporation, bylawsbylaw, or other agreement or instrument to which either Holdings is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (bii) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCHoldings, or (ciii) any an event that would result in the creation or imposition of any lien, charge, charge or encumbrance on any asset of FCCHoldings.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC ATC and the performance by ATC of its obligations hereunder in the time and in the manner contemplated will not cause, constitute constitute, or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, chartercharge, instrument, articles certificate of incorporation, bylawsbylaw, or other agreement or instrument to which either ATC is a party, or by which it may be bound, nor will waive any consents or authorizations of any party part other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCATC, or (c) any an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCCATC.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC PASTA of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaws, or other agreement or instrument to which either is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCPASTA, or (c) any event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCCPASTA.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC SDOT and the performance by SDOT of its obligations hereunder in the time and in the manner contemplated will not cause, constitute constitute,, or conflict with or result in (a) any any, breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles certificate of incorporation, bylawsbylaw, or other agreement or instrument to which either SDOT is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCSDOT, or (c) any an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCCSDOT.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC FBS of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaws, or other agreement or instrument to which either is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCFBS, or (c) any event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCCFBS.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC IAC of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaws, or other agreement or instrument to which either is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCIAC, or (c) any event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCCIAC.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaws, or other agreement or instrument to which either is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCFCC or KFC, or (c) any event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCCFCC or KFC.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC NCPI and the performance of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (aI) any breach or violation of any of the provisions or constitute a default under of any license, indenture, mortgage, charter, instrument, articles certificate of incorporation, bylaws, bylaw or other agreement or instrument to which either it is a party, party or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be by required, (bii) an event that would permit any party to any agreement or instrument to terminate would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCobligation, or (ciii) any an event that would result in the creation or imposition of any lien, charge, charge or encumbrance on any asset of FCCasset.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC RCI of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaws, or other agreement or instrument to which either is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCRCI, or (c) any event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of FCCRCI.

Ability to Carry Out Obligations. The execution and delivery of this Agreement by FCC EP and the performance by EP of its obligations hereunder in the time and in the manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles article of incorporation, bylawsbylaw, or other agreement or instrument to which either EP is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of FCCEP, or (c) any an event that would result in the creation or imposition of any lien, charge, charge or encumbrance on any asset of FCCEP.