Common use of Authorization of Agreement; No Conflicts Clause in Contracts

Authorization of Agreement; No Conflicts. The execution and delivery by Seller of this Agreement and the performance by Seller of their obligations hereunder have been duly authorized by all requisite action on the part of Seller and will not violate any provision of law, any order of any court or other agency of government, the organizational document or by-laws of Seller, or any provision of any indenture, agreement or other instrument to which it is a party or by which it or any of its properties is bound or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of Seller.

Authorization of Agreement; No Conflicts. The execution and delivery by Seller Purchaser of this Agreement and the performance by Seller Purchaser of their its obligations hereunder have been duly authorized by all requisite corporate action on the part of Seller Purchaser and will not violate any provision of law, any order of any court or other agency of government, the organizational document or by-laws of SellerPurchaser, or any provision of any indenture, agreement or other instrument to which it is a party or by which it or any of its properties is bound or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or of assets of SellerPurchaser.

Authorization of Agreement; No Conflicts. The execution and delivery by Seller Buyer of this Agreement and the performance by Seller Buyer of their its obligations hereunder have been duly authorized by all requisite corporate action on the part of Seller Buyer and will not violate any provision of law, any order of any court or other agency of government, the organizational document or by-laws of SellerBuyer, or any provision of any indenture, agreement or other instrument to which it is a party or by which it or any of its properties is bound or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or of assets of SellerBuyer.