Common use of Corporate, Limited Liability Company, Partnership and Governmental Authorization; Contravention Clause in Contracts

Corporate, Limited Liability Company, Partnership and Governmental Authorization; Contravention. The execution, delivery and performance of this Agreement, the Notes, the Mortgages and the other Loan Papers by each Credit Party (as applicable) (a) are within such Credit Party’s corporate, partnership, or limited liability company powers (as applicable), (b) have been duly authorized by all necessary corporate, partnership, or limited liability company action (as applicable), (c) except to the extent that such performance requires actions or filings in connection with the conduct of a Credit Party’s business or maintenance of its existence or good standing, require no action by or in respect of, or filing with, any Governmental Authority or official, (d) do not contravene, or constitute a default under, the articles of association, partnership agreement, certificate of limited partnership, articles of incorporation, certificate of incorporation, bylaws, regulations or other organizational documents (as applicable) of any such Credit Party or the Margin Regulations, (e) do not in any material respect contravene, or constitute a default under, any provision of applicable Law or any provision of any agreement, judgment, injunction, order, decree or other instrument binding upon any such Credit Party, and (f) do not result in the creation or imposition of any Lien on any asset of any such Credit Party except Liens securing the Obligations.

Corporate, Limited Liability Company, Partnership and Governmental Authorization; Contravention. The execution, delivery and performance of this Agreement, the Notes, the Mortgages and the other Loan Papers by each Credit Party (as applicable) (a) are within such Credit Party’s corporate, partnership, or limited liability company powers (as applicable), (b) have been duly authorized by all necessary corporate, partnership, or limited liability company action (as applicable), (c) except to the extent that such performance requires actions or filings in connection with the conduct of a Credit Party’s business or maintenance of its existence or good standing, require no action by or in respect of, or filing with, any Governmental Authority or official, (d) do not contravene, or constitute a default under, the articles of association, partnership agreement, certificate of limited partnership, articles of incorporation, certificate of incorporation, bylaws, regulations or other organizational documents (as applicable) of any such Credit Party or the Margin Regulations, (e) do not in any material respect contravene, or constitute a default under, any provision of applicable Law or any provision of any agreement, judgment, injunction, order, decree or other instrument binding upon any such Credit PartyParty or under any Sitio Credit Facility, and (f) do not result in the creation or imposition of any Lien on any asset of any such Credit Party except Liens securing the Obligations.