Common use of Approvals; No Conflicts; Etc Clause in Contracts

Approvals; No Conflicts; Etc. The execution, delivery and performance by it of this Agreement and each other Loan Document, and the borrowing of Loans by it and the use of proceeds therefrom and the use of the Letters of Credit (i) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect, (ii) will not violate any applicable law or regulation or its charter, by-laws or other organizational documents or any order of any Governmental Authority and (iii) will not violate or result in a default under any credit agreement, loan agreement, note, indenture or other financing agreement, or any other material agreement or instrument, binding upon it or its assets, or give rise to a right thereunder to require any payment to be made by it.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Legg Mason Inc), 5 Year Revolving Credit Agreement (Legg Mason, Inc.)

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Approvals; No Conflicts; Etc. The execution, delivery and performance by it of this Agreement and each other Loan Documentof its Notes, and the borrowing of Loans by it and the use of proceeds therefrom and the use of the Letters of Credit (i) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect, (ii) will not violate any applicable law or regulation or its charter, by-laws or other organizational documents or any order of any Governmental Authority Authority, and (iii) will not violate or result in a default under any credit agreement, loan agreement, note, indenture or other financing agreement, or any other material agreement or instrument, binding upon it or its assets, or give rise to a right thereunder to require any payment to be made by it.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Legg Mason Inc), 5 Year Credit Agreement (Legg Mason Inc)

Approvals; No Conflicts; Etc. The execution, delivery and performance by it of this Agreement and each other Loan Documentof its Notes, and the borrowing of Loans by it and the use of proceeds therefrom and the use of the Letters of Credit (i) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect, (ii) will not violate any applicable law or regulation or its charter, by-laws or other organizational documents or any order of any Governmental Authority Authority, and (iii) will not violate or result in a default under any credit agreement, loan agreement, note, indenture or other financing agreement, or any other material agreement or instrument, binding upon it or its assets, or give rise to a right thereunder to require any payment to be made by it.

Appears in 1 contract

Samples: Credit Agreement (Legg Mason Inc)

Approvals; No Conflicts; Etc. The execution, delivery and performance by it of this Agreement and each other Loan Documentthe Note, and the borrowing of Loans by it and the use of proceeds therefrom and the use of the Letters of Credit (ia) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect, (iib) will not violate any applicable law or regulation or its charter, by-laws or other organizational documents or any order of any Governmental Authority Authority, and (iiic) will not violate or result in a default under any credit agreement, loan agreement, note, indenture or other financing agreement, or any other material agreement or instrument, binding upon it or its assets, or give rise to a right thereunder to require any payment to be made by it.

Appears in 1 contract

Samples: Revolving Credit Agreement (Legg Mason Inc)

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Approvals; No Conflicts; Etc. The execution, delivery and performance by it of this Agreement and each other Loan Documentof its Notes, and the borrowing of Loans by it and the use of proceeds therefrom and the use of the Letters of Credit (i) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect, (ii) will not violate any applicable law or regulation or its charter, by-laws or other organizational documents or any order of any Governmental Authority Authority, and (iii) will not violate or result in a default under any credit agreement, loan agreement, note, indenture TERM LOAN AGREEMENT indenture, or other financing agreement, or any other material agreement or instrument, binding upon it or its assets, or give rise to a right thereunder to require any payment to be made by it.

Appears in 1 contract

Samples: Term Loan Agreement (Legg Mason Inc)

Approvals; No Conflicts; Etc. The execution, delivery and performance by it of this Agreement and each other Loan Document, and the borrowing of Loans by it Term Note and the use of proceeds therefrom and the use of the Letters of Credit herefrom (ia) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect, (iib) will not violate any applicable law or regulation or its charter, by-laws or other organizational documents or any order of any Governmental Authority Authority, and (iiic) will not violate or result in a default under any credit agreement, loan agreement, note, indenture or other financing agreement, or any other material agreement or instrument, binding upon it or its assets, or give rise to a right thereunder to require any payment to be made by it.

Appears in 1 contract

Samples: Term Note (Legg Mason Inc)

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