Common use of Authorization; No Conflicts Clause in Contracts

Authorization; No Conflicts. The execution, delivery and performance of this Amendment by each Loan Party (i) has been duly authorized by all requisite organizational action of such Loan Party and (ii) will not (A) violate (1) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents or by-laws of such Loan Party, (2) any order of any Governmental Authority or arbitrator or (3) any provision of any indenture, agreement or other instrument to which such Loan Party is a party or by which it or any of its property is or may be bound, (B) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, or give rise to any right to accelerate or to require the prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument or (C) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by such Loan Party (other than Liens created under the Security Documents).

Appears in 6 contracts

Samples: Credit Agreement, Credit Agreement (Cheniere Energy Inc), Credit Agreement (Cheniere Energy Inc)

AutoNDA by SimpleDocs

Authorization; No Conflicts. The execution, delivery and performance of this Amendment by each Loan Cheniere Party (i) has been duly authorized by all requisite organizational action of such Loan Cheniere Party and (ii) will not (A) violate (1) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents or by-laws of such Loan Cheniere Party, (2) any order of any Governmental Authority or arbitrator or (3) any provision of any indenture, agreement or other instrument to which such Loan Cheniere Party is a party or by which it or any of its property is or may be bound, (B) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, or give rise to any right to accelerate or to require the prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument or (C) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by such Loan Cheniere Party (other than Liens created under the Security Documents).

Appears in 6 contracts

Samples: Credit Agreement, Guarantee and Collateral Agreement, Credit Agreement

Authorization; No Conflicts. The execution, delivery and performance of this Amendment by each Loan Party Transactions (ia) has have been duly authorized by all requisite organizational corporate, partnership or limited liability company and, if required, stockholder, partner or member action of such Loan Party and (iib) will not (Ai) violate (1A) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents or by-laws of such Loan Party, (2B) any order of any Governmental Authority or arbitrator or (3C) any provision of any indenture, agreement or other instrument to which such a Loan Party is a party or by which it any of them or any of its their property is or may be bound, (Bii) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, or give rise to any right to accelerate or to require the prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument or (Ciii) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by such any Loan Party (other than Liens created under the Security Documents).

Appears in 4 contracts

Samples: Term Loan Agreement (Maxxam Inc), Revolving Credit Agreement (Maxxam Inc), Term Loan Agreement (Maxxam Inc)

Authorization; No Conflicts. The execution, delivery and performance of this Amendment by each Loan Party (i) has been duly authorized by all requisite organizational action of such Loan Party Person and (ii) will not (A) violate (1) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents or by-laws of such Loan PartyPerson, (2) any order of any Governmental Authority or arbitrator or (3) any provision of any indenture, agreement or other instrument to which such Loan Party Person is a party or by which it or any of its property is or may be bound, (B) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, or give rise to any right to accelerate or to require the prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument or (C) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by such Loan Party Person (other than Liens created under the Security Documents).

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement and Investors’ Agreement (Cheniere Energy Inc), Credit Agreement (Cheniere Energy Inc)

Authorization; No Conflicts. The execution, delivery and performance of this Amendment by each Loan Party Party (i) has been duly authorized by all requisite organizational action of such Loan Party Person and (ii) will not (A) violate (1) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents or by-laws of such Loan PartyPerson, (2) any order of any Governmental Authority or arbitrator or (3) any provision of any indenture, agreement or other instrument to which such Loan Party Person is a party or by which it or any of its property is or may be bound, (B) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, or give rise to any right to accelerate or to require the prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument or (C) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by such Loan Party Person (other than Liens created under the Security Documents).

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Inc)

AutoNDA by SimpleDocs

Authorization; No Conflicts. The execution, delivery and performance of this Amendment by each such Loan Party Party, Guarantor or Grantor, as applicable, (i) has been duly authorized by all requisite organizational action of such Loan Party Person and (ii) will not (A) violate (1) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents or by-laws of such Loan PartyPerson, (2) any order of any Governmental Authority or arbitrator or (3) any provision of any indenture, agreement or other instrument to which such Loan Party Person is a party or by which it or any of its property is or may be bound, (B) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, or give rise to any right to accelerate or to require the prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument or (C) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by such Loan Party Person (other than Liens created under the Security Documents).

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Inc)

Authorization; No Conflicts. The execution, delivery and performance of this Amendment and Consent by each Loan Party (i) has been duly authorized by all requisite organizational action of such Loan Party Person and (ii) will not (A) violate (1) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents or by-laws of such Loan PartyPerson, (2) any order of any Governmental Authority or arbitrator or (3) any provision of any indenture, agreement or other instrument to which such Loan Party Person is a party or by which it or any of its property is or may be bound, (B) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, or give rise to any right to accelerate or to require the prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument or (C) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by such Loan Party Person (other than Liens created under the Security Documents).

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Inc)

Authorization; No Conflicts. The executionTransactions, delivery the equitization of the CCTP intercompany loans required by Section 4.01(c), and performance the contributions of this Amendment the Units required by each Section 4.01(b): (a) to the extent required from such Loan Party (i) has Party, have been duly authorized by all requisite organizational corporate, partnership or limited liability company and, if required, stockholder, partner or member action of such Loan Party and (iib) will not (Ai) violate (1A) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents or by-laws of such Loan PartyParty or CQP or Sabine, (2B) any order of any Governmental Authority or arbitrator or (3C) any provision of any indenture, agreement or other instrument to which such Loan Party or CQP or Sabine is a party or by which it or any of its property is or may be bound, (Bii) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, or give rise to any right to accelerate or to require the prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument or (Ciii) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by such Loan Party (other than Liens created under the Security Documents).

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!