Authorization and No Contravention. Its execution, delivery and performance of this Exchange Note Supplement (i) have been duly authorized by all necessary action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Closed-End Unit or Closed-End Collections.
Appears in 36 contracts
Samples: Exchange Note Supplement to Collateral Agency Agreement (World Omni LT), Exchange Note Supplement to Collateral Agency Agreement (World Omni LT), Exchange Note Supplement to Collateral Agency Agreement (World Omni LT)