Common use of Authorization; Non-Contravention Clause in Contracts

Authorization; Non-Contravention. The execution, delivery and performance by Borrower and Guarantor of this Agreement and other Loan Documents to which each is a party are within its power, have been duly authorized as may be required and, if necessary, by making appropriate filings with any governmental agency or unit and are the legal, binding, valid and enforceable obligations of Borrower and any Guarantor; and do not (i) to Borrower’s knowledge, contravene, or constitute (with or without the giving of notice or lapse of time or both) a violation of any provision of applicable law, a violation of the organizational documents of Borrower or Guarantor, or a default under any agreement, judgment, injunction, order, decree or other instrument binding upon or affecting Borrower or Guarantor, (ii) result in the creation or imposition of any lien (other than the lien(s) created by the Loan Documents) on Borrower’s or Guarantor’s assets, or (iii) give cause for the acceleration of any obligations of Borrower or Guarantor to any other creditor.

Authorization; Non-Contravention. The execution, delivery and performance by Borrower and Guarantor any guarantor, as applicable, of this Agreement and other Loan Documents to which each it is a party are within its power, have been duly authorized as may be required and, if necessary, by making appropriate filings with any governmental agency or unit and are the legal, binding, valid and enforceable obligations of Borrower and any Guarantorguarantors; and do not (i) to Borrower’s knowledge, contravene, or constitute (with or without the giving of notice or lapse of time or both) a violation of any provision of applicable law, a violation of the organizational documents of Borrower or Guarantorany guarantor, or a default under any agreement, judgment, injunction, order, decree or other instrument binding upon or affecting Borrower or Guarantorany guarantor, (ii) result in the creation or imposition of any lien (other than the lien(s) created by the Loan Documents) on any of Borrower’s or Guarantorany guarantor’s assets, or (iii) give cause for the acceleration of any obligations of Borrower or Guarantor any guarantor to any other creditor.

Authorization; Non-Contravention. The execution, delivery and performance by Borrower and Guarantor any guarantor, as applicable, of this Agreement and other Loan Documents to which each it is a party are within its power, have been duly authorized as may be required and, if necessary, by making appropriate filings with any governmental agency or unit and are the legal, binding, valid and enforceable obligations of Borrower and any Guarantorguarantors; and do not (i) to Borrower’s knowledge, contravene, or constitute (with or without the giving of notice or lapse of time or both) a violation of any provision of applicable law, a violation of the organizational documents of Borrower or Guarantorany guarantor, or a default under any agreement, judgment, injunction, order, decree or other instrument binding upon or affecting Borrower or Guarantorany guarantor, (ii) result in the creation or imposition of any lien (other than the lien(s) created by the Loan Documents) on any of Borrower’s or Guarantorany guarantor’s assets, or (iii) give cause for the acceleration of any obligations of Borrower or Guarantor any guarantor to any other creditor.other

Authorization; Non-Contravention. The execution, delivery and performance by Borrower and Guarantor of this Agreement and other Loan Documents to which each is a party are within its power, have been duly authorized as may be required and, if necessary, by making appropriate filings with any governmental agency or unit and are the legal, binding, valid and enforceable obligations of Borrower and any Guarantor; and do not (i) to Borrower’s knowledge, contravene, or constitute (with or without the giving of notice or lapse of time or both) a violation of any provision of applicable law, a violation of the organizational documents of Borrower or Guarantor, or a default under any agreement, judgment, injunction, order, decree or other instrument binding upon or affecting Borrower or Guarantor, (ii) result in the creation or imposition of any lien (other than the lien(s) created by the Loan Documents) on Borrower’s 's or Guarantor’s 's assets, or (iii) give cause for the acceleration of any obligations of Borrower or Guarantor to any other creditor.

Authorization; Non-Contravention. The execution, delivery and performance by Borrower and Guarantor any guarantor, as applicable, of this Agreement and other Loan Documents to which each it is a party are within its power, have been duly authorized as may be required and, if necessary, by making appropriate filings with any governmental agency or unit and are the legal, binding, valid and enforceable obligations of Borrower and any Guarantorguarantors; and do not (i) to Borrower’s knowledge, contravene, or constitute (with or without the giving of notice or lapse of time or both) a violation of any provision of applicable law, a violation of the organizational documents of Borrower or Guarantorany guarantor, or a default under any agreement, judgment, injunction, order, decree or other instrument binding upon or affecting Borrower or Guarantorany guarantor, (ii) result in the creation or imposition of any lien (other than the lien(s) created by the Loan Documents) on any of Borrower’s 's or Guarantor’s any guarantor's assets, or (iii) give cause for the acceleration of any obligations of Borrower or Guarantor any guarantor to any other creditor.