Authority and Compliance with Instruments and Government Regulations Sample Clauses

Authority and Compliance with Instruments and Government Regulations. The execution, delivery and performance by Seller of all of its obligations under this Agreement have been duly authorized by all necessary actions and do not and will not: 7.2.1 require any consent or approval not heretofore obtained, of any person or entity holding any security or interest, or entitled to receive any security or interest, in Seller or the Property; 7.2.2 violate any provision, restriction or requirements of any other governing business entity, document or certificate of Seller; 7.2.3 result in or require the creation or imposition of any encumbrance, deed of trust, mortgage, pledge, lien, security interest, claim, charge, right of others or other encumbrance of any nature; 7.2.4 violate any provision of any law, order, writ, judgment, injunction, decree, determination or award presently in effect having applicability to Seller or the Property; or 7.2.5 to Seller’s actual knowledge, result in a breach of or constitute a default under, cause or permit the acceleration of any obligation owned under, or require any consent under, any indenture or loan or credit agreement or any other agreement, lease or instrument in which Seller is a party or by which Seller or any property of Seller is bound or affected; and Seller is not in default in any respect that is materially adverse to the interests of Buyer or that would have any material adverse effect on the financial condition of Seller or the conduct of its business under any law, indenture, agreement, lease or instrument to which Seller or its property is bound or affected.
Sample 1
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Authority and Compliance with Instruments and Government Regulations. The execution, delivery and performance by Buyer of all of Buyer’s obligations under this Agreement have been duly authorized by all necessary actions and do not and will not: 8.2.1 require any consent or approval not heretofore obtained of any person for the purchase and sale transaction contemplated herein; 8.2.2 violate any provision, restriction or requirements of any other governing business entity, document or certificate of Buyer; 8.2.3 result in or require the creation or imposition of any encumbrance, deed of trust, mortgage, pledge, lien, security interest, claim, charge, right of others or other encumbrance of any nature, other than under any financing transaction (by which Buyer may be financing the purchase and sale transaction contemplated herein, and which encumbrance is only created at or after Closing); 8.2.4 violate any provision of any law, order, writ, judgment, injunction, decree, determination or award presently in effect having applicability to Buyer; or 8.2.5 to Buyer’s actual knowledge, result in a breach of or constitute a default under, cause or permit the acceleration of any obligation owed under, or require any consent under, any indenture or loan or credit agreement or any other agreement, lease or instrument to which Buyer is a party or by which Buyer or any property of Buyer, is bound or affected; and Buyer is not in default in any respect that is materially adverse to the interests of Seller or that would have any material adverse effect on the financial condition of Buyer or the conduct of Buyer’s business under any law, indenture, agreement, lease or instrument to which Buyer or Buyer’s property is bound or affected.
Sample 1
Authority and Compliance with Instruments and Government Regulations. The execution, delivery and performance by Borrower of all of their obligations under each Loan Document have been duly authorized by all necessary action and do not and will not: (a) require any consent or approval not heretofore obtained of any Person holding any security or interest or entitled to receive any security or interest in Borrower; (b) result in or require the creation or imposition of any mortgage, deed of trust, pledge, lien, security interest, claim, charge, right of others or other encumbrance of any nature, other than under the Loan Documents, upon or with respect to any property now owned or leased or hereafter acquired by Borrower; (c) violate any provision of any Law, order, writ, judgment, injunction, decree, determination or award presently in effect having applicability to Borrower; (d) result in a breach of or constitute a default under, cause or permit the acceleration of any obligation owed under, or require any consent under, any indenture or loan or credit agreement or any other agreement lease or instrument to which Borrower is a party or by which Borrower or any property of Borrower, is bound or affected; and (e) Borrower is not in default in any respect that is materially adverse to the interest of Lender or that would have any material adverse effect on the financial condition of Borrower or the conduct of its business under any Law, order, writ, judgment, injunction, decree, determination, award, indenture, agreement, lease or instrument described in Sections 4.2(c) and 4.2(d).
Sample 1
Authority and Compliance with Instruments and Government Regulations. The execution, delivery and performance by Borrower of each Loan Document to which it is or will be a party have been duly authorized by all necessary action and do not: (a) require any consent or approval not heretofore obtained of any Person; (b) violate any provision of the Partnership Agreement or any Partner's charter documents of formation and organization; (c) result in or require the creation or imposition of any mortgage, deed of trust, pledge, lien, security interest, claim, charge, right of others or other encumbrance of any nature, other than under the Loan Documents, upon or with respect to the Collateral; (d) to Borrower's knowledge, violate any provision of any Law, order, writ, judgment, injunction, decree, determination or award; or (e) result in a breach of or constitute a default under, cause or permit the acceleration of any obligation owed under, or require any consent under, any indenture or loan or credit agreement or any other agreement (including but not limited to the Transit Agreement), lease or instrument to which Borrower is a party or by which Borrower or any of the Collateral is bound or affected; and, to Borrower's knowledge, there does not exist a default by Borrower under any Law, order, writ, judgment, injunction, decree, determination, award, indenture, agreement, lease or instrument described in subparagraphs (d) and (e) of this Section 5.2 where such default would have a material adverse effect on the ability of Borrower to perform its obligations under the Loan Documents or which would otherwise be materially adverse to the interests of the Lender with respect to the Loan.
Sample 1
Authority and Compliance with Instruments and Government Regulations. The execution, delivery and performance by Borrower of all of its obligations under each Loan Document have been duly authorized by all necessary action and do not and will not: (a) require any consent or approval not heretofore obtained of any Person holding any security or interest or entitled to receive any security or interest in Borrower; (b) violate any provision of any corporation document or certificate of Borrower; (c) result in or require the creation or imposition of any mortgage, deed of trust, pledge, lien, security interest, claim, charge, right of others or other encumbrance of any nature, other than under the Loan Documents, upon or with respect to any property now owned or leased or hereafter acquired by Borrower; (d) violate any provision of any Law, order, writ, judgment, injunction, decree, determination or award presently in effect having applicability to Borrower; (e) result in a breach of or constitute a default under, cause or permit the acceleration of any obligation owed under, or require any consent under, any indenture or loan or credit agreement or any other agreement, lease or instrument to which Borrower is a party or by which Borrower or any property of Borrower, is bound or affected; and Borrower is not in default in any respect that is materially adverse to the interest of Lender or that would have any material adverse effect on the financial condition of Borrower or the conduct of its business under any Law, order, writ, judgment, injunction, decree, determination, award, indenture, agreement, lease or instrument described in Sections 5.2(d) and 5.2(e).
Sample 1

Related to Authority and Compliance with Instruments and Government Regulations

  • Compliance with Government Regulations The Company covenants that if any share of Common Stock required to be reserved for purposes of exercise or conversion of Warrants require, under any federal or state law or applicable governing rule or regulation of any national securities exchange, registration with or approval of any governmental authority, or listing on any such national securities exchange, before such shares may be issued upon exercise, the Company will use its commercially reasonable efforts to cause such shares to be duly registered, approved or listed on the relevant national securities exchange, as the case may be.

  • Authority; Compliance With Other Agreements and Instruments and Government Regulations The execution, delivery and performance by Borrower and the Subsidiary Guarantors of the Loan Documents to which it is a Party have been duly authorized by all necessary corporate action, and do not and will not: (a) Require any consent or approval not heretofore obtained of any partner, director, stockholder, security holder or creditor of such Party; (b) Violate or conflict with any provision of such Party's charter, articles of incorporation or bylaws, as applicable; (c) Result in or require the creation or imposition of any Lien (other than pursuant to the Loan Documents) or Right of Others upon or with respect to any Property now owned or leased or hereafter acquired by such Party; (d) Violate any Requirement of Law applicable to such Party; (e) Result in a breach of or constitute a default under, or cause or permit the acceleration of any obligation owed under, any material indenture or loan or credit agreement or any other Contractual Obligation to which such Party is a party or by which such Party or any of its Property is bound or affected; and such Party is not in violation of, or default under, any Requirement of Law or Contractual Obligation, or any material indenture, loan or credit agreement described in Section 4.2(e), in any respect that constitutes a Material Adverse Effect.

  • Compliance with Governmental Regulations Landlord and Tenant shall comply with all rules, regulations and requirements promulgated by national, state or local governmental agencies or utility suppliers concerning the use of utility services, including any rationing, limitation or other control. Tenant shall not be entitled to terminate this Lease nor to any abatement in rent by reason of such compliance.

  • Compliance with Law and Government Regulations The Company is in compliance with, and is not in violation of, applicable federal, state, local or foreign statutes, laws and regulations (including without limitation, any applicable environmental, building, zoning or other law, ordinance or regulation) affecting the Company or its properties or the operation of its business. The Company is not subject to any order, decree, judgment or other sanction of any court, administrative agency or other tribunal.

  • Compliance with Governmental Rules and Regulations Except as otherwise provided in the Agreement and except for the accuracy of information furnished to the Fund by Price Services, each Fund assumes full responsibility for the preparation, contents and distribution of its prospectuses and compliance with all applicable requirements of the ’40 Act, the ‘34 Act, the ‘33 Act, and any other laws, rules and regulations of governmental authorities having jurisdiction over the Fund. Price Services shall be responsible for complying with all laws, rules and regulations of governmental authorities having jurisdiction over transfer agents and their activities and cooperating with respect to examinations and requests from such governmental authorities.

  • Compliance with Instruments The execution, delivery and performance of this Agreement and the Escrow Agreement, the compliance with the terms and provisions hereof and the consummation of the transactions contemplated herein, therein and in the Registration Statement and Prospectus by the Company, do not and will not violate or constitute a breach of, or default under (i) the memorandum or articles of association of the Company; (ii) any of the material terms, provisions, or conditions of any material instrument, agreement, or indenture to which the Company is a party or by which it is bound or by which its business, assets, investments or properties may be affected; or (iii) any order, statute, rule, or regulation applicable to the Company, or any of its business, investments, assets or properties, of any court or (to the knowledge of the Company) any governmental authority or agency having jurisdiction over the Company, or any of its business, investments, properties or assets; and to the knowledge of the Company do not and will not result in the creation or imposition of any lien, charge, claim, or encumbrance upon any property or asset of the Company.

  • COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS The Trust assumes full responsibility for its compliance with all securities, tax, commodities and other laws, rules and regulations applicable to it.

  • Compliance with Regulations The contractor (hereinafter includes consultants) will comply with the Acts and the Regulations relative to Non-discrimination in Federally-assisted programs of the U.S. Department of Transportation, Federal Highway Administration, as they may be amended from time to time, which are herein incorporated by reference and made a part of this contract.

  • Compliance with OFAC Rules and Regulations None of the Credit Parties or their Subsidiaries or their respective Affiliates (a) is a Sanctioned Person, (b) has more than 15% of its assets in Sanctioned Countries, or (c) derives more than 15% of its operating income from investments in, or transactions with Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Extension of Credit hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

  • Compliance with Federal Law, Regulations, and Executive Orders This is an acknowledgement that FEMA financial assistance will be used to fund all or a portion of the contract. The contractor will comply with all applicable Federal law, regulations, executive orders, FEMA policies, procedures, and directives.

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