Contravention. Neither the execution and delivery of this Agreement nor consummation by B Participant of the transactions contemplated hereby nor compliance by B Participant with the terms, conditions and provisions herein set forth (or any of them) will conflict with or result in a breach of any of the material terms, conditions or provisions of (a) any material contractual obligation to which B Participant is now a party or the terms of the Loan Documents, (b) any judgment or order, writ, injunction, decree or demand of any court applicable to B Participant, or (c) any applicable requirement of law in any material respect.
Appears in 2 contracts
Samples: Loan Participation Agreement (Fremont General Corp), Asset Purchase Agreement (Istar Financial Inc)
Contravention. Neither the execution and delivery of this Agreement nor consummation by B A Participant of the transactions contemplated hereby nor compliance by B A Participant with the terms, conditions and provisions herein set forth (or any of them) will conflict with or result in a breach of any of the material terms, conditions or provisions of (a) any material contractual obligation to which B A Participant is now a party or the terms of the Loan Documents, (b) any judgment or order, writ, injunction, decree or demand of any court applicable to B A Participant, or (c) any applicable requirement of law in any material respect.
Appears in 2 contracts
Samples: Loan Participation Agreement (Fremont General Corp), Asset Purchase Agreement (Istar Financial Inc)