Corporate Authority; No Conflicts. The execution, delivery and performance by the Borrower of this Agreement, the Note (as amended hereby) (a) are within the Borrower’s powers, (b) have been duly authorized by all necessary action, (c) require no action by or in respect of, or filing with, any Governmental Authority, (d) do not violate any applicable laws or regulations relating to the Borrower, in any material respect or (e) do not violate or constitute a default under any indenture, agreement for borrowed money or similar instrument or any other material agreement binding upon the Borrower or any of its subsidiaries.
Appears in 5 contracts
Samples: Next Bridge Hydrocarbons, Inc., Next Bridge Hydrocarbons, Inc., Next Bridge Hydrocarbons, Inc.
