Common use of Authorization; Contravention Clause in Contracts

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 46 contracts

Samples: Amtp Shares Transition Agreement (Bank of America Corp /De/), Amtp Shares Transition Agreement (Wells Fargo & Company/Mn), Amtp Shares Purchase Agreement (Deutsche Bank Ag\)

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Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each other Related Document are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, order or decree or other material instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 28 contracts

Samples: Additional Series a Munifund Preferred Shares Purchase Agreement (Bank of America Corp /De/), Additional Series B Munifund Preferred Shares Purchase Agreement (Toronto Dominion Investments, Inc.), Series a Munifund Preferred Shares Purchase and Exchange Agreement (Wells Fargo & Company/Mn)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document are within the Fund’s 's powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 12 contracts

Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Bank of America Corp /De/), Variable Rate Muni Term Preferred Shares Purchase Agreement (Bank of America Corp /De/)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each other Related Document are within the Fund’s 's powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, order or decree or other material instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 3 contracts

Samples: Purchase Agreement (Bank of America Corp /De/), Series a Munifund Preferred Shares Purchase Agreement (Bank of America Corp /De/), Exchange Agreement (Bank of America Corp /De/)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document the Offer to Exchange are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance Lien on any asset of the Fund.

Appears in 1 contract

Samples: Share Exchange Agreement (Gabelli Utility Trust)

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Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do will not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 1 contract

Samples: VMTP Exchange Agreement (Wells Fargo & Company/Mn)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document the Offer to Purchase are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance Lien on any asset of the Fund.

Appears in 1 contract

Samples: Share Tender Agreement (Gabelli Equity Trust Inc)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charterCharter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in cause the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 1 contract

Samples: VMTP Purchase Agreement (Wells Fargo & Company/Mn)

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