Common use of Company and Governmental Authorization, Contravention Clause in Contracts

Company and Governmental Authorization, Contravention. The execution, delivery and performance by such Servicer of this Agreement and each other Transaction Document to which it is a party are within such Servicer’s organizational powers, have been duly authorized by all necessary organizational action, require no action by or in respect of, or filing with, any governmental body, agency or official, and do not contravene, or constitute a default under, any provision of applicable law or regulation or of the Certificate of Incorporation of each Servicer or of any judgment, injunction, order or decree or material agreement or other material instrument binding upon such Servicer (unless such contravention or default would not reasonably be expected to have a Material Adverse Effect) or result in the creation or imposition of any lien (other than Permitted Adverse Claims) on assets of such Servicer or any of its Subsidiaries.

Company and Governmental Authorization, Contravention. The execution, delivery and performance by such the Servicer of this Agreement and each other Transaction Document to which it is a party are within such the Servicer’s organizational powers, have been duly authorized by all necessary organizational action, require no action by or in respect of, or filing with, any governmental body, agency or official, and do not contravene, or constitute a default under, any provision of applicable law or regulation or of the Certificate of Incorporation of each the Servicer or of any judgment, injunction, order or decree or material agreement or other material instrument binding upon such the Servicer (unless such contravention or default would not reasonably be expected to have a Material Adverse Effect) or result in the creation or imposition of any lien (other than Permitted Adverse Claims) on assets of such the Servicer or any of its Subsidiaries.

Company and Governmental Authorization, Contravention. The execution, delivery and performance by such the Servicer of this Agreement and each other Transaction Document to which it is a party are within such the Servicer’s organizational powers, have been duly authorized by all necessary organizational action, require no action by or in respect of, or filing with, any governmental body, agency or officialofficial other than filings and disclosures made under securities laws, and do not contravene, or constitute a default under, any provision of applicable law any material agreement to which it is a party or regulation of any Applicable Law or of the Certificate certificate of Incorporation formation of each the Servicer or of any judgment, injunction, order or decree or material agreement or other material instrument binding upon such the Servicer (unless such contravention or default would not reasonably be expected to have a Material Adverse Effect) or result in the creation or imposition of any lien on assets of the Servicer (other than Permitted any Adverse Claims) on assets of such Servicer Claim created in connection with this Agreement and the other Transaction Documents or any of its SubsidiariesAdverse Claim that would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect).

Company and Governmental Authorization, Contravention. The execution, delivery and performance by such the Servicer of this Agreement and each other Transaction Document to which it is a party are within such the Servicer’s 's organizational powers, have been duly authorized by all necessary organizational action, require no action by or in respect of, or filing with, any governmental body, agency or official, and do not contravene, or constitute a default under, any provision of applicable law or regulation or of the Certificate of Incorporation of each the Servicer or of any judgment, injunction, order or decree or material agreement or other material instrument binding upon such the Servicer (unless such contravention or default would not reasonably be expected to have a Material Adverse Effect) or result in the creation or imposition of any lien (other than Permitted Adverse Claims) on assets of such the Servicer or any of its Subsidiaries.