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 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 contract, agreement, indenture, deed of trust, instrument, order, law or regulation to which the Investor is a party or by which the Investor is, or any of his assets or properties are, in any way bound or obligated or (b) result in the creation of any Encumbrance upon any of the Investor’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 or such other agreements and instruments 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 Investor Company is a party or by which the Investor is, Company or any of his its assets or properties are, is in any way bound or obligated obligated; or (b) result in the creation of any Encumbrance upon any of the Investor’s Preferred Securitiesassets or properties of the Company.
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 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 contract, agreement, indenture, deed of trust, instrument, order, law or regulation to which the Investor is a party or by which the Investor isInvestor, or any of his her/its assets or properties are, are in any way bound or obligated or (b) result in the creation of any Encumbrance Encumbrances upon any of the Investor’s Preferred SecuritiesTruPS.
Appears in 1 contract
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 contract, agreement, indenture, deed of trust, instrument, order, law or regulation to which the Investor is a party or by which the Investor isInvestor, or any of his assets or properties are, are in any way bound or obligated or (b) result in the creation of any Encumbrance upon any of the Investor’s Preferred SecuritiesTruPS.
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