Common use of Corporate Authority; No Conflicts Clause in Contracts

Corporate Authority; No Conflicts. The execution, delivery and performance by such Loan Party of this Amendment and all other documents, instruments and agreements contemplated in Section 3 to which it is a party (a) are within such Loan Party’s corporate, constitutional, or other organizational powers, (b) have been duly authorized by all necessary corporate, constitutional or other organizational actions, (c) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect and except for filings necessary to perfect Liens created pursuant to the Loan Documents, (d) will not violate any Requirement of Law applicable to such Loan Party or any Organizational Document of such Loan Party, (e) will not violate or result in a default under any indenture, agreement or other instrument governing any Material Indebtedness binding upon such Loan Party or the assets of such Borrower, or give rise to a right thereunder to require any payment to be made by such Loan Party, and (f) will not result in the creation or imposition of any Lien on any asset of such Loan Party, except Xxxxx created pursuant to the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Tetra Technologies Inc), Credit Agreement (Tetra Technologies Inc)

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Corporate Authority; No Conflicts. The execution, delivery and performance by such Loan Party Borrower of this Amendment and all other documents, instruments and agreements contemplated in Section 3 2 to which it is a party (a) are within such Loan PartyBorrower’s corporate, constitutional, or other organizational powers, (b) have been duly authorized by all necessary corporate, constitutional or other organizational actions, (c) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect and except for filings necessary to perfect Liens created pursuant to the Loan Documents, (d) will not violate any Requirement of Law applicable to such Loan Party Borrower or any Organizational Document of such Loan PartyBorrower, (e) will not violate or result in a default under any indenture, agreement or other instrument governing any Material Indebtedness binding upon such Loan Party Borrower or the assets of such Borrower, or give rise to a right thereunder to require any payment to be made by such Loan PartyBorrower, and (f) will not result in the creation or imposition of any Lien on any asset of such Loan PartyBorrower, except Xxxxx created pursuant to the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Tetra Technologies Inc), Credit Agreement (Tetra Technologies Inc)

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Corporate Authority; No Conflicts. The execution, delivery and performance by such Loan Party Borrower of this Amendment and all other documents, instruments and agreements contemplated in Section 3 5 to which it is a party (a) are within such Loan PartyBorrower’s corporate, constitutional, or other organizational powers, (b) have been duly authorized by all necessary corporate, constitutional or other organizational actions, (c) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect and except for filings necessary to perfect Liens created pursuant to the Loan Documents, (d) will not violate any Requirement of Law applicable to such Loan Party Borrower or any Organizational Document of such Loan PartyBorrower, (e) will not violate or result in a default under any indenture, agreement or other instrument governing any Material Indebtedness binding upon such Loan Party Borrower or the assets of such Borrower, or give rise to a right thereunder to require any payment to be made by such Loan PartyBorrower, and (f) will not result in the creation or imposition of any Lien on any asset of such Loan PartyBorrower, except Xxxxx Liens created pursuant to the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Tetra Technologies Inc)

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