Common use of Conflict; Breach Clause in Contracts

Conflict; Breach. The Borrower’s execution and delivery of and compliance with the Loan Documents will not conflict with or result in a breach of any applicable law, judgment, order, writ, injunction, decree, rule, or regulation of any court, administrative agency, or other governmental authority, or of any provision of the Borrower’s Organizational Documents or of any agreement or other document or instrument to which the Borrower is a party or by which the Borrower or any of its property is bound, and such actions by the Borrower will not result in the creation or imposition of any lien, charge or encumbrance upon any property of the Borrower in favor of anyone other than the Bank.

Appears in 4 contracts

Samples: Loan Agreement (Immucell Corp /De/), Loan Agreement (Immucell Corp /De/), Loan Agreement (Immucell Corp /De/)

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