Common use of Authorization; Non-Contravention Clause in Contracts

Authorization; Non-Contravention. The Lender has all necessary power and authority to enter into this Agreement, to carry out its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement by the Lender, the performance by the Lender of its obligations hereunder and the consummation by the Lender of the transactions contemplated hereby have been duly authorized by all requisite action on the part of the Lender, and do not contravene or constitute a default under (x) any provision of applicable law or regulation, (y) the articles of incorporation or by-laws of the Lender or (z) any material agreement, judgment, injunction, order, decree or other instrument binding upon the Lender.

Authorization; Non-Contravention. The Lender has all necessary power and authority to enter into this Agreement, to carry out its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement by the Lender, the performance by the Lender of its obligations hereunder and the consummation by the Lender of the transactions contemplated hereby have been duly authorized by all requisite action on the part of the Lender, and do not contravene or constitute a default under (x) any provision of applicable law or regulation, (y) the articles of incorporation or by-laws association of the Lender or (z) any material agreement, judgment, injunction, order, decree or other instrument binding upon the Lender.

Authorization; Non-Contravention. The Lender has all necessary power and authority to enter into this Agreement, to carry out its obligations obligation hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement by the Lender, the performance by the Lender of its obligations hereunder and the consummation by the Lender of the transactions contemplated hereby have been duly authorized by all requisite action on the part of the Lender, and do not contravene or constitute a default under (x) any provision of applicable law or regulation, (y) the articles of incorporation or by-laws of the Lender or (z) any material agreement, judgment, injunction, order, decree or other instrument binding upon the Lender.