Common use of Corporate and Governmental Authorization; No Contravention Clause in Contracts

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant of this Lease and the other Transaction Documents (i) are within the Tenant's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction Documents.

Appears in 3 contracts

Samples: Master Lease (Helmstar Group Inc), Master Lease (Carmike Cinemas Inc), Master Lease (Carmike Cinemas Inc)

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Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrowers of this Lease Agreement and the other Transaction Credit Documents (i) are within each of the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of each of the Tenant Borrowers or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrowers or any of its their Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrowers or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction Documentstheir Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (Mbia Inc), Credit Agreement (Mbia Inc), Credit Agreement (Mbia Inc)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate actionaction on the part of the Borrower, (iii) require no action by or in respect of, of or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Culp Inc), Credit Agreement (Culp Inc)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrowers of this Lease Agreement and the other Transaction Credit Documents (i) are within each of the Tenant's Borrower’s corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of each of the Tenant Borrowers or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrowers or any of its their Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrowers or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction Documentstheir Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Mbia Inc), Credit Agreement (Mbia Inc)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, of or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Restricted Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsRestricted Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Flowers Industries Inc /Ga), Credit Agreement (Flowers Industries Inc /Ga)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement and the other Transaction Loan Documents (i) are within the Tenant's Borrower’s corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, of or filing with, with any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or any Subsidiary or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Valspar Corp), Revolving Credit Agreement (Valspar Corp)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Note and the other Transaction Loan Documents (i) are within the Tenant's Borrower’s corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, which has not been obtained, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction Documentsprovided therein.

Appears in 2 contracts

Samples: Credit Agreement (Atlantic American Corp), Credit Agreement (Atlantic American Corp)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Note and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (First Citizens Bancorporation of South Carolina Inc)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, of or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default defau1t under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Starrett L S Co)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant such Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the Tenantsuch Borrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, of or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant such Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant such Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant such Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Southern Electronics Corp)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction Documents.Borrower

Appears in 1 contract

Samples: Credit Agreement (Liberty Corp)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, of or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Parent or any Subsidiary or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Parent or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Parent or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Valspar Corp)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate articles of incorporation or by-laws of the Tenant Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Meredith Corp)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Loan Parties of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the Tenant's Loan Parties' corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Woodward Governor Co)

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Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrowers of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the Tenanteach Borrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrowers or any of them or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrowers or any of its them or any of their respective Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrowers or any Subsidiary of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsBorrower.

Appears in 1 contract

Samples: Credit Agreement (Source Information Management Co)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Note and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, which has not been obtained, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction Documentsprovided therein.

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the Tenant's Borrower’s corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, of or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default defau1t under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Starrett L S Co)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, of or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Significant Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSignificant Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Home Depot Inc)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (ia) are within the TenantBorrower's corporate powers, (iib) have been duly authorized by all necessary corporate action, (iiic) require no action by or in respect of, or filing with, any governmental body, agency or official, (ivd) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate articles of incorporation or by-laws of the Tenant Borrower or of any contract or agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (ve) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction Documents.Subsidiaries. <PAGE>

Appears in 1 contract

Samples: Credit Agreement (Meredith Corp)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (ia) are within the TenantBorrower's corporate powers, (iib) have been duly authorized by all necessary corporate action, (iiic) require no action by or in respect of, or filing with, any governmental body, agency or official, (ivd) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate articles of incorporation or by-laws of the Tenant Borrower or of any contract or agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (ve) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Meredith Corp)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Tenant Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result Subsidiaries, except in favor of the Transaction Agent and the Banks as provided in the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Cadmus Communications Corp/New)

Corporate and Governmental Authorization; No Contravention. The execution, delivery and performance by the Tenant Borrower of this Lease Agreement, the Notes and the other Transaction Loan Documents (i) are within the TenantBorrower's corporate powers, (ii) have been duly authorized by all necessary corporate action, (iii) require no action by or in respect of, of or filing with, any governmental body, agency or official, (iv) do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws by_laws of the Tenant Borrower or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Tenant Borrower or any of its Significant Subsidiaries, and (v) do not result in the creation or imposition of any Lien on any asset of the Tenant Borrower or any of its Subsidiaries other than the Lien created by or arising as a result of the Transaction DocumentsSignificant Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Home Depot Inc)

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