Authority, No Conflicts, Etc. The execution, delivery and performance by Rxxxxxx of this Amendment and the consummation of the transactions contemplated hereby, (i) are within the corporate powers of Rxxxxxx and have been duly authorized by all necessary corporate action on the part of Rxxxxxx, (ii) do not require any approval or consent of, or notice to or filing with, any governmental agency or authority, any court or other tribunal, or any other Person which has not been given or obtained, (iii) do not violate any provisions of any law, rule, or regulation or any provision of any order, judgment, injunction, or decree presently in effect, or any provision of the charter documents or by-laws of Rxxxxxx, (iv) do not result in any breach of or constitute a default under any other agreement or instrument to which Rxxxxxx is a party or by which it or any of its properties are bound, and (v) do not result in or require the creation or imposition of any mortgage, deed of trust, pledge, lien, security interest or other charge or encumbrance of any nature upon any of the assets or properties of Rxxxxxx.
Appears in 2 contracts
Samples: Bank Credit Agreement (Rollins Truck Leasing Corp), Bank Credit Agreement (Rollins Truck Leasing Corp)
Authority, No Conflicts, Etc. The execution, delivery and performance by Rxxxxxx the Borrower of this Amendment and the consummation of the transactions contemplated hereby, (i) are within the corporate powers of Rxxxxxx the Borrower and have been duly authorized by all necessary corporate action on the part of Rxxxxxxthe Borrower, (ii) do not require any approval or consent of, or notice to or filing with, any governmental agency or authority, any court or other tribunal, or any other Person which has not been given or obtained, (iii) do not violate any provisions of any law, rule, or regulation or any provision of any order, judgment, injunction, or decree presently in effect, or any provision of the charter documents or by-laws of Rxxxxxxthe Borrower, (iv) do not result in any breach of or constitute a default under any other agreement or instrument to which Rxxxxxx the Borrower is a party or by which it or any of its properties are bound, and (v) do not result in or require the creation or imposition of any mortgage, deed of trust, pledge, lien, security interest or other charge or encumbrance of any nature upon any of the assets or properties of Rxxxxxxthe Borrower.
Appears in 2 contracts
Samples: Bank Credit Agreement (Rollins Truck Leasing Corp), Bank Credit Agreement (Rollins Truck Leasing Corp)