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

Authorization of Agreement; No Violation. The execution, delivery, and performance by Borrower of this Agreement and of the Loan Documents (i) are within the Borrower's powers, (ii) have been duly authorized by all necessary action, and (iii) do not violate or create a default under any Requirement of Law, the Borrower's Certificate of Incorporation and By-Laws or any Contractual Obligation binding on or affecting the Borrower or its property (other than any violation or default that would not constitute a Material Adverse Change).

Appears in 3 contracts

Samples: Credit Agreement (Homestead Village Inc), Credit Agreement (Homestead Village Inc), Credit Agreement (Homestead Village Inc)

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Authorization of Agreement; No Violation. The execution, delivery, and performance by Borrower of this Agreement and of the Loan Documents (i) are within the Borrower's powers, (ii) have been duly authorized by all necessary action, and (iii) do not violate or create a default under any Requirement of Law, the Borrower's Certificate of Incorporation and By-Laws organizational documents or any Contractual Obligation binding on or affecting the Borrower or its property (other than any violation or default that would not constitute a Material Adverse Change)property.

Appears in 2 contracts

Samples: Credit Agreement (G Reit Inc), Credit Agreement (G Reit Inc)

Authorization of Agreement; No Violation. The execution, delivery, delivery and performance by the Borrower of this Agreement and of the Loan Documents (ia) are within the corporate powers of the Borrower's powers, (iib) have been duly authorized by all necessary corporate action, and (iiic) do not violate or create a default under any Requirement of Lawlaw, or the Borrower's Certificate of Incorporation and or By-Laws laws of the Borrower, or any Contractual Obligation contractual provision binding on or affecting the Borrower or its property (other than property, and each such representation will be true upon the execution, delivery and performance by the Borrower of any violation or default that would not constitute a Material Adverse Change)Note made by it.

Appears in 1 contract

Samples: Agreement (General American Transportation Corp /Ny/)

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Authorization of Agreement; No Violation. The execution, delivery, and performance by Borrower of this Agreement and of the Loan Documents (i) are within the Borrower's ’s powers, (ii) have been duly authorized by all necessary action, and (iii) do not violate or create a default under any Requirement of Law, the Borrower's Certificate of Incorporation and By-Laws ’s organizational documents or any Contractual Obligation binding on or affecting the Borrower or its property (other than any violation or default that would not constitute a Material Adverse Change)property.

Appears in 1 contract

Samples: Credit Agreement (G Reit Inc)

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