Common use of Conflicting Transactions of Borrower Clause in Contracts

Conflicting Transactions of Borrower. The consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, lease, loan or credit agreement, partnership agreement or other instrument, document or agreement to which the Borrower or any Guarantor is a party or by which it is bound or affected.

Appears in 44 contracts

Samples: Loan Agreement, Loan Agreement, Agreement

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Conflicting Transactions of Borrower. The consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default underunder the Organizational Documents, any mortgage, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is may be bound or affected.

Appears in 3 contracts

Samples: Management Agreement (REX AMERICAN RESOURCES Corp), Loan and Security Agreement (Millennium Ethanol, LLC), Construction Loan Agreement (Bluegreen Corp)

Conflicting Transactions of Borrower. The consummation of the transactions transaction hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, lease, loan or credit agreement, partnership agreement or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is they may be bound or affected.

Appears in 3 contracts

Samples: Loan Agreement (LGL Group Inc), Loan Agreement (Coda Octopus Group, Inc.), Loan Agreement (LGL Group Inc)

Conflicting Transactions of Borrower. The consummation of the transactions transaction hereby contemplated and the performance of the obligations of the Borrower and Guarantor under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, lease, loan or credit agreement, partnership agreement or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is they may be bound or affected.

Appears in 2 contracts

Samples: Loan Agreement (ARC Group, Inc.), Loan Agreement (Optibase LTD)

Conflicting Transactions of Borrower. The That the consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a any default under, any mortgage, security deed, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement corporate charter or by-laws or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is bound or affected.

Appears in 2 contracts

Samples: Construction and Land Acquisition Loan Agreement (Across America Real Estate Development Corp), Construction and Land Acquisition Loan Agreement (Across America Real Estate Development Corp)

Conflicting Transactions of Borrower. The That the consummation of the transactions hereby contemplated and the performance of the Borrower's obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, under any mortgage, security deed, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement corporate charter or bylaws or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is may be bound or affected.

Appears in 2 contracts

Samples: Construction Loan Agreement (Vacation Break Usa Inc), Construction Loan Agreement (Newmark Homes Corp)

Conflicting Transactions of Borrower. The consummation of the transactions transaction hereby contemplated and the performance of the obligations of the Borrower and Guarantor under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, material lease, loan or credit agreement, partnership agreement or other instrument, document or agreement material instrument to which the Borrower or any Guarantor is a party or by which it is bound or affectedthey are bound.

Appears in 2 contracts

Samples: Loan Agreement (Venus Concept Inc.), Loan Agreement (Venus Concept Inc.)

Conflicting Transactions of Borrower. The consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, lease, loan or credit agreement, partnership agreement corporate charter, bylaws, or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is or the Property may be bound or affected.

Appears in 2 contracts

Samples: Construction Loan Agreement (North American Technologies Group Inc /Mi/), Construction Loan Agreement (North American Technologies Group Inc /Mi/)

Conflicting Transactions of Borrower. The That the consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, under any mortgage, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement agreement, or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is may be bound or affected.

Appears in 2 contracts

Samples: Revolving Loan Agreement, Revolving Loan Agreement (Superior Uniform Group Inc)

Conflicting Transactions of Borrower. The consummation of the transactions transaction hereby contemplated and the performance of the obligations of the Borrower and Guarantor under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, lease, loan or credit agreement, partnership agreement or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is bound any of their respective properties or affectedassets are bound, except for such breaches or defaults (in the aggregate) which would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Ivax Diagnostics Inc)

Conflicting Transactions of Borrower. The That the consummation of the transactions hereby contemplated and the performance of the Borrower’s obligations of the Borrower under and by virtue of the Loan Documents will not result result, to the best of Borrower’s knowledge, in any breach of, or constitute a default under, under any mortgage, security deed, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement corporate charter or bylaws or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is may be bound or affected.

Appears in 1 contract

Samples: Revolving Loan Agreement (Levitt Corp)

Conflicting Transactions of Borrower. The consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default underunder the Organizational Documents, any mortgage, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement or any other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is or its properties may be bound or affected.

Appears in 1 contract

Samples: Construction Loan Agreement (Ammo, Inc.)

Conflicting Transactions of Borrower. The consummation of the transactions transaction hereby contemplated and the performance of the obligations of the Borrower or any Guarantor under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is they may be bound or affected.;

Appears in 1 contract

Samples: Construction Loan Agreement (CNL Growth Properties, Inc.)

Conflicting Transactions of Borrower. The consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, security deed, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is Borrower may be bound or affected.

Appears in 1 contract

Samples: Loan Agreement (First Choice Healthcare Solutions, Inc.)

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Conflicting Transactions of Borrower. The That the consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Agreement and the other Financing Documents to be executed by Borrower will not result in any breach of, or constitute a default under, any mortgage, security deed, deed of trust, promissory notesecurity agreement, lease, bank loan or credit agreement, partnership trust indenture, corporate charter or by-laws or any other agreement or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is bound or of affected.

Appears in 1 contract

Samples: Commercial Credit Agreement (Vinings Investment Properties Trust/Ga)

Conflicting Transactions of Borrower. The consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, security deed, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement or other instrument, document or agreement to which the Borrower or any Guarantor is a party or by which it is bound or affectedparty.

Appears in 1 contract

Samples: Loan Agreement (PMT Services Inc /Tn/)

Conflicting Transactions of Borrower. The That the consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, security deed, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement corporate charter or bylaws, or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is may be bound or affected.

Appears in 1 contract

Samples: Loan Agreement for Construction and Other Matters (Goldfield Corp)

Conflicting Transactions of Borrower. The consummation of the transactions transaction hereby contemplated and the performance of the obligations of Borrower and the Borrower Guarantor under and by virtue of the other Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, lease, bank loan or credit agreement, partnership or other agreement or other instrument, document or agreement instrument to which either the Borrower or any the Guarantor is a party or by which it is party, bound or affected.

Appears in 1 contract

Samples: Loan Agreement (Newmark Homes Corp)

Conflicting Transactions of Borrower. The consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, security deed, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is Borrower may be bound or affected.

Appears in 1 contract

Samples: Loan Agreement (First Choice Healthcare Solutions, Inc.)

Conflicting Transactions of Borrower. The That the consummation of the transactions hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, security deed, deed of trust, promissory note, lease, bank loan or credit agreement, partnership agreement agreement, or other instrument, document or agreement instrument to which the Borrower or any Guarantor is a party or by which it is they may be bound or affected.

Appears in 1 contract

Samples: Loan Agreement 12 (Starfighters Space, Inc.)

Conflicting Transactions of Borrower. The consummation Consummation of the transactions transaction hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory notedeed to secure debt, lease, loan or credit agreement, partnership agreement articles of incorporation, bylaws, or any other instrument, document instrument or agreement to which the Borrower or any Guarantor is a party or by which it is Borrower may be bound or affected.

Appears in 1 contract

Samples: Loan Agreement (Elevate.Money REIT I, Inc.)

Conflicting Transactions of Borrower. The consummation of the transactions transaction hereby contemplated and the performance of the obligations of the Borrower and Guarantor under and by virtue of the Loan Documents will not not, upon executing of the Intercreditor Agreement, result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, material lease, loan or credit agreement, partnership agreement or other instrument, document or agreement material instrument to which the Borrower or any Guarantor is a party or by which it is bound or affectedthey are bound.

Appears in 1 contract

Samples: Loan Agreement (Venus Concept Inc.)

Conflicting Transactions of Borrower. The consummation of the transactions transaction hereby contemplated and the performance of the obligations of the Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any mortgage, deed of trust, promissory note, lease, loan or credit agreement, partnership agreement or other instrument, document or agreement Agreement to which the Borrower or any Guarantor is a party or by which it is may be bound or affected.

Appears in 1 contract

Samples: Housing Developer Agreement

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