Common use of Conflicting Laws and Contracts Clause in Contracts

Conflicting Laws and Contracts. Neither the execution and delivery by any 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 be a material violation of any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Debtor or such Debtor's articles or certificate of incorporation, bylaws, articles of organization or operating agreement or other charter documents, as the case may be, the provisions of any indenture, instrument or agreement to which such Debtor is a party or is subject, or by which it, or its property, is bound, or conflict with or constitute a material 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 Secured Party).

Appears in 2 contracts

Samples: Pledge and Security Agreement (Home Solutions of America Inc), Pledge and Security Agreement (Home Solutions of America Inc)

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Conflicting Laws and Contracts. Neither the execution and delivery by any the 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 be a material violation of violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such the Debtor or such the Debtor's articles or certificate of incorporation, bylaws, articles of organization or operating agreement or other charter documents, as the case may be, the provisions of any indenture, instrument or agreement to which such the Debtor is a party or is subject, or by which it, or its property, is bound, or conflict with or constitute a material 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 the Secured Party).

Appears in 1 contract

Samples: Security Agreement (Isecuretrac Corp)

Conflicting Laws and Contracts. Neither the execution and delivery by any 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 be a material violation of violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Debtor or such Debtor's articles or certificate of incorporation, bylaws, articles of organization or operating agreement or other charter documents, as the case may be, the provisions of any indenture, instrument or agreement to which such Debtor is a party or is subject, or by which it, or its property, is bound, or conflict with or constitute a material 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 Secured Party).

Appears in 1 contract

Samples: Pledge and Security Agreement (Integrated Performance Systems Inc)

Conflicting Laws and Contracts. Neither the execution and delivery by any 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 be a material violation of violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Debtor or such Debtor's ’s articles or certificate of incorporation, bylaws, partnership agreement, certificate of partnership, articles of organization or operating agreement or other charter documents, as the case may be, the provisions of any indenture, instrument or agreement to which such Debtor is a party or is subject, or by which it, or its propertyProperty, is bound, or conflict with or constitute a material 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 Secured Partythe Administrative Agent on behalf of the Lenders).

Appears in 1 contract

Samples: Pledge and Security Agreement (SCP Pool Corp)

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Conflicting Laws and Contracts. Neither the execution and delivery by any Debtor the Term Borrower 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 be a violate any material violation of any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Debtor the Term Borrower or such Debtor's articles or the Term Borrower’s certificate of incorporation, bylaws, articles of organization or operating agreement or other charter documentsmanagement agreement, as the case may be, the provisions of any material indenture, instrument or agreement to which such Debtor the Term Borrower is a party or is subject, or by which it, or its property, is bound, or conflict with or constitute a material default thereunder, or result in the creation or imposition of any Lien lien pursuant to the terms of any such indenture, instrument or agreement (other than any Lien lien of Secured Partythe Agent on behalf of the Lenders).

Appears in 1 contract

Samples: Pledge and Security Agreement (Sand Springs Railway CO)

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