Common use of Conflicting Laws and Contracts Clause in Contracts

Conflicting Laws and Contracts. Neither the execution and delivery by the Issuer of this Security Agreement, the creation and perfection of the security interest in the Collateral granted hereunder, nor compliance with the terms and provisions hereof will violate any Governmental Requirement binding on the Issuer or the Issuer’s Organizational Documents, the provisions of any indenture, instrument or agreement to which the Issuer is a party or is subject, or by which the Issuer, or the Issuer’s property, is bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien pursuant to the terms of any such indenture, instrument or agreement (other than any Lien of permitted under Section 5.1.6).

Appears in 2 contracts

Samples: Pledge and Security Agreement, Intercreditor Agreement (Vanguard Natural Resources, Inc.)

AutoNDA by SimpleDocs

Conflicting Laws and Contracts. Neither the execution and delivery by the Issuer such Debtor of this Security Agreement, the creation and perfection of the security interest in the Collateral granted hereunder, nor compliance with the terms and provisions hereof will violate any Governmental Requirement binding on the Issuer such Debtor or the Issuer’s such Debtor's Organizational Documents, the provisions of any indenture, instrument or agreement to which the Issuer such Debtor is a party or is subject, or by which the Issuerit, or the Issuer’s its property, is bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien pursuant to the terms of any such indenture, instrument or agreement (other than any Lien of permitted under Section 5.1.6).

Appears in 2 contracts

Samples: Intercreditor Agreement (Vanguard Natural Resources, Inc.), Intercreditor Agreement (Vanguard Natural Resources, LLC)

AutoNDA by SimpleDocs

Conflicting Laws and Contracts. Neither the execution and delivery by the such Issuer of this Security Agreement, the creation and perfection of the security interest in the Collateral granted hereunder, nor compliance with the terms and provisions hereof will violate any Governmental Requirement binding on the such Issuer or the such Issuer’s Organizational Documents, the provisions of any indenture, instrument or agreement to which the such Issuer is a party or is are subject, or by which the Issuerthey, or the Issuer’s their property, is are bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien pursuant to the terms of any such indenture, instrument or agreement (other than any Lien of permitted under Section 5.1.6).

Appears in 1 contract

Samples: Intercreditor Agreement (Vanguard Natural Resources, LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!