Common use of Absence of Violations Clause in Contracts

Absence of Violations. Neither the execution nor delivery of this Agreement or of any of the other agreements and instruments contemplated by this Agreement, nor the consummation of the Transactions, will (a) conflict with or result in the breach of any term or provision of, or constitute a default under, or give any third party the right to accelerate any obligation under, any charter provision, bylaw, contract, agreement, indenture, deed of trust, instrument, order, law or regulation to which the Company is a party or by which the Company or any of its assets or properties is in any way bound or obligated; or (b) result in the creation of any Encumbrance upon any of the assets or properties of the Company.

Appears in 2 contracts

Samples: Exchange Agreement (First Mariner Bancorp), Exchange Agreement (First Mariner Bancorp)

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Absence of Violations. Neither the execution nor delivery of this Agreement or of any of the other agreements and instruments contemplated by this Agreement, nor the consummation of the Transactions, Transactions or such other agreements and instruments will (a) conflict with or result in the breach of any term or provision of, or constitute a default under, or give any third party the right to accelerate any obligation under, any charter provision, bylaw, contract, agreement, indenture, deed of trust, instrument, order, law or regulation to which the Company Investor is a party or by which the Company Investor is, or any of its his assets or properties is are, in any way bound or obligated; obligated or (b) result in the creation of any Encumbrance upon any of the assets or properties of the CompanyInvestor’s Preferred Securities.

Appears in 2 contracts

Samples: Exchange Agreement (First Mariner Bancorp), Exchange Agreement (First Mariner Bancorp)

Absence of Violations. Neither the execution nor delivery of this Agreement or of any of the other agreements and instruments contemplated by this Agreement, nor the consummation of the Transactions, transaction contemplated by this Agreement or such other agreements and instruments will (a) conflict with or result in the breach of any term or provision of, or constitute a default under, or give any third party the right to accelerate any obligation under, any charter provision, bylaw, contract, agreement, indenture, deed of trust, instrument, order, law or regulation to which the Company Investor is a party or by which the Company Investor, or any of its his assets or properties is are in any way bound or obligated; obligated or (b) result in the creation of any Encumbrance upon any of the assets or properties of the CompanyTruPS.

Appears in 1 contract

Samples: Exchange Agreement (PVF Capital Corp)

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Absence of Violations. Neither the execution nor delivery of this Agreement or of any of the other agreements and instruments contemplated by this Agreement, nor the consummation of the Transactions, transactions contemplated by this Agreement or such other agreements and instruments will (a) conflict with or result in the breach of any term or provision of, or constitute a default under, or give any third party the right to accelerate any obligation under, any charter provision, bylaw, contract, agreement, indenture, deed of trust, instrument, order, law or regulation to which the Company Investor is a party or by which the Company Investor, or any of her/its assets or properties is are in any way bound or obligated; obligated or (b) result in the creation of any Encumbrance Encumbrances upon any of the assets or properties of the CompanyTruPS.

Appears in 1 contract

Samples: Exchange Agreement (Impac Mortgage Holdings Inc)

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