Common use of LEGALITY AND CONTRAVENTIONS Clause in Contracts

LEGALITY AND CONTRAVENTIONS. The signature and delivery on its behalf of the Transaction Documents to which it is a party and the exercise of its rights and performance of its obligations under such Transaction Documents and the creation of Security by it under the Charges (if applicable): (i) are not prohibited by applicable law, regulation or order or by its constitutional documents; (ii) do not require any approval, filing, registration or exemption (other than the perfection of the Security constituted by the Charges by means of registration at H.M. Land Registry, the Land Register, the Register of Sasines, Companies House and the Trade Marks Registry, or as disclosed in any legal opinion delivered under Clause 19.1(W)(iii) relating to its obligations under the Transaction Documents); and (iii) are not prohibited by, and do not constitute an event of default under, and do not result in an obligation to create Security under, any document or arrangement to which it is a party and which is material in the context of this Agreement.

LEGALITY AND CONTRAVENTIONS. The signature and delivery on its behalf of the Transaction Financing Documents to which it is a party and the exercise of its rights and performance of its obligations under such Transaction Financing Documents and the creation of Security by it under the Charges (if applicable): (i) are not prohibited by applicable law, regulation or order or by its constitutional documents; (ii) do not require any approval, filing, registration or exemption (other than the perfection of the Security constituted by the Charges by means of registration at H.M. Land Registry, the Land Register, the Register of Sasines, Companies House and the Trade Marks Registry, or as disclosed in any legal opinion delivered under Clause 19.1(W)(iii) relating to its obligations under the Transaction Documents20.1(R)(i)(c); and (iii) are not prohibited by, and do not constitute an event of default under, and do not result in an obligation to create Security under, any document or arrangement to which it is a party and which is material in the context of this Agreement.