Common use of Absence of Violations Clause in Contracts

Absence of Violations. Such Credit Party and each Affiliate of such Credit Party is not in violation of any charter document, corporate minute or resolution, any instrument or agreement, in each case binding on it or affecting its property, or any Law, in a manner which could have a Materially Adverse Effect.

Appears in 2 contracts

Samples: Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD), Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD)

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Absence of Violations. Such Credit Party and each Affiliate of such --------------------- Credit Party is not in violation of a any charter document, corporate minute or resolution, any instrument or agreement, in each case binding on it or affecting its property, or any Law, in a manner which could have a Materially Adverse Effect.

Appears in 1 contract

Samples: Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD)

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Absence of Violations. Such Credit Party and each Affiliate of such Credit Party is not in violation of a any charter document, corporate minute or resolution, any instrument or agreement, in each case binding on it or affecting its property, or any Law, in a manner which could have a Materially Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Xl Capital LTD)

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