Conflicting Transactions. The consummation of the transaction hereby contemplated and the performance of the obligations of Borrower under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any lease, loan or credit agreement, or other instrument to which Borrower is a party or by which they may be bound or affected.
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Samples: Loan and Security Agreement (ARC Group, Inc.), Loan and Security Agreement (ARC Group, Inc.)
Conflicting Transactions. The consummation of the transaction hereby contemplated and the performance of the obligations of Borrower and the Guarantor under and by virtue of the other Loan Documents will not result in any breach of, or constitute a default under, any lease, bank loan or credit agreement, or other agreement or instrument to which either the Borrower or the Guarantor is a party or by which they may be party, bound or affected.
Appears in 2 contracts
Samples: Lot Acquisition Loan Agreement (Newmark Homes Corp), Lot Acquisition Loan Agreement (Newmark Homes Corp)
Conflicting Transactions. The consummation of the transaction hereby contemplated and the performance of the obligations of Borrower and Guarantor under and by virtue of the Loan Documents will not result in any breach of, or constitute a default under, any lease, loan or credit agreement, or other instrument to which Borrower or Guarantor is a party or by which they may be bound or affected.
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