Common use of Consent and Approvals Clause in Contracts

Consent and Approvals. No consent or approval of any party is required in connection with the execution and delivery of this Agreement by any Loan Party, and the execution and delivery of this Agreement does not (i) contravene or result in a breach or default under any certificate or articles of incorporation, code of regulations or bylaws or any other agreement or instrument to which any Loan Party is a party or by which any of such Person’s respective properties are bound, or (ii) violate any law, rule, regulation, order, writ, judgment, injunction, decree, determination or award applicable to any Loan Party.

Appears in 3 contracts

Samples: Forbearance Agreement, Forbearance Agreement (Franklin Credit Management Corp/De/), Forbearance Agreement and Amendment to Credit Agreements (Franklin Credit Management Corp/De/)

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Consent and Approvals. No consent or approval of any party is required in connection with the execution and delivery of this Agreement by any Loan PartyBorrower, and the execution and delivery of this Agreement does not (i) contravene or result in a breach or default under any certificate or the articles of incorporation, code articles of regulations or bylaws organization, bylaws, operating agreement or any other governing document, agreement or instrument to which any Loan Party Borrower is a party or by which any of such Person’s their respective properties are bound, or (ii) violate any law, rule, regulation, order, writ, judgment, injunction, decree, determination or award applicable to any Loan PartyBorrower.

Appears in 1 contract

Samples: Forbearance Agreement (Dpac Technologies Corp)

Consent and Approvals. No consent or approval of any party is required in connection with the execution and delivery of this Agreement by any Loan Partythe Borrowers, and the execution and delivery of this Agreement does not (i) contravene or result in a breach or default under any certificate or the articles of incorporation, code articles of regulations or bylaws organization, bylaws, operating agreement or any other governing document, agreement or instrument to which any Loan Party is a party the Borrowers are parties or by which any of such Person’s their respective properties are bound, or (ii) violate any law, rule, regulation, order, writ, judgment, injunction, decree, determination or award applicable to any Loan Partythe Borrowers.

Appears in 1 contract

Samples: Forbearance Agreement (Dpac Technologies Corp)

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Consent and Approvals. No consent or approval of any party is required in connection with the execution and delivery of this Agreement by any Loan PartyBxxxxxxx, and the execution and delivery of this Agreement does not (i) contravene or result in a breach or default under any certificate or its articles of incorporation, code of regulations or bylaws organization or any other agreement governing document, agreement, or instrument to which any Loan Party Borrower is a party or by which any of such Person’s their respective properties are bound, or (ii) violate any law, rule, regulation, order, writ, judgment, injunction, decree, determination determination, or award applicable to any Loan PartyBorrower.

Appears in 1 contract

Samples: Forbearance Agreement (Clearday, Inc.)

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