Common use of Authorization; Contravention Clause in Contracts

Authorization; Contravention. The execution, delivery and performance by Banc of America of this Agreement and each Related Document to which it is a party are within Banc of America'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 Banc of America.

Appears in 8 contracts

Samples: Exchange Agreement (Bank of America Corp /De/), Exchange Agreement (Bank of America Corp /De/), Exchange Agreement (Bank of America Corp /De/)

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Authorization; Contravention. The execution, delivery and performance by Banc of America of this Agreement and each Related Document to which it is a party are within Banc of America'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 Banc of America.

Appears in 6 contracts

Samples: Shares Transition Agreement (Bank of America Corp /De/), Purchase Agreement (Bank of America Corp /De/), VMTP Exchange Agreement (Bank of America Corp /De/)

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Authorization; Contravention. The execution, delivery and performance by Banc of America of this Agreement and each Related Document to which it is a party are within Banc of America'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, 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 Banc of America.

Appears in 4 contracts

Samples: VMTP Purchase and Exchange Agreement (Bank of America Corp /De/), VMTP Purchase and Exchange Agreement (Bank of America Corp /De/), VMTP Purchase and Exchange Agreement (Bank of America Corp /De/)

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