No Breach of Law or Contract. The execution, delivery and performance of the Security Documents will not contravene any contractual restriction or any law binding on any of the Security Parties or on any shareholder (whether legal or beneficial) of any of the Security Parties, or the constitutional documents of any of the Security Parties, nor result in the creation of, nor oblige any of the Security Parties to create, any Encumbrance over all or any of its assets, with the exception of the Encumbrances created by or pursuant to the Security Documents and Permitted Liens.
No Breach of Law or Contract. The execution, delivery and performance of the Security Documents will not contravene any contractual restriction or any law binding on any of the Security Parties or on any shareholder (whether legal or beneficial) of any of the Security Parties, or the constitutional documents of any of the Security Parties, nor result in the creation of, nor oblige any of the Security Parties to create, any Encumbrance over all or any of its assets, with the exception of the Encumbrances created by or pursuant to the Security Documents, and, in entering into those of the Security Documents to which it is, or is to be, a party, and in borrowing the Loan, each of the Borrowers is acting for its own account.
No Breach of Law or Contract. The entry by the Issuer into and the execution (and, where appropriate, delivery) of the Relevant Documents and the performance by the Issuer of its obligations under the Relevant Documents do not and will not conflict with or constitute a breach or infringement by the Issuer of:
No Breach of Law or Contract. The entry by the Seller into and the execution (and, where appropriate, delivery) of the Relevant Transaction Documents and the performance by the Issuer of its obligations under the Relevant Transaction Documents do not and will not conflict with or constitute a breach or infringement of any of the terms of, or constitute a default by the Seller under:
No Breach of Law or Contract. Neither the execution and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (i) violate any domestic or foreign, federal, state or local statute, law, ordinance, rule, administrative interpretation, regulation, order, writ, injunction, decree or other restriction of any governmental authority to which either Shareholder is subject or which otherwise is applicable to either of the Shareholders or the Shares, (ii) violate, conflict with, result in a breach of, constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under any agreement, contract, lease, license, instrument or other arrangement to which either of the Shareholders is a party or by which either of the Shareholders is bound or to which the Shares are subject, or (iii) result in the imposition or creation of any Lien upon or with respect to any of the Shares.
No Breach of Law or Contract. The entry by the Issuer into and the execution (and, where appropriate, delivery) of the Relevant Transaction Documents, the issue of Notes and, if required to be executed and delivered, the Definitive Notes in respect of the Notes and the performance by the Issuer of its obligations under the Relevant Transaction Documents, the issue of the Notes and such Definitive Notes do not and will not conflict with or constitute a breach or infringement of any of the terms of, or constitute a default by the Issuer under:
No Breach of Law or Contract. The entry of the Servicer into and the execution (and, where applicable, delivery) of the Relevant Transaction Documents and the performance by the Servicer of its obligations under the Relevant Transaction Documents do not and will not conflict with or constitute a breach or infringement of any of the terms of, or constitute a default by, the Servicer under:
No Breach of Law or Contract. The entry of the Cash Manager into and the execution (and, where applicable, delivery) of the Relevant Transaction Documents and the performance by the Cash Manager of its obligations under the Relevant Transaction Documents will not conflict with or constitute a breach or infringement of any of the terms of, or constitute a default by the Cash Manager under:
No Breach of Law or Contract. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated by this Agreement, nor the fulfillment of or compliance with the terms and conditions of this Agreement, (a) to the best of the City's knowledge, constitutes a violation of any provision of law governing the City or (b) results in a breach of the terms, conditions or provisions of any contract, agreement or instrument or order, rule or regulation to which the City is a party or by which the City is bound.
No Breach of Law or Contract. The entry by the Issuer into and the execution (and, where appropriate, delivery) of the Trust Documents and this Agreement and the performance by the Issuer of its obligations under the Trust Documents and this Agreement do not and will not conflict with or constitute a breach or infringement by the Issuer of the terms of, or constitute a default by the Issuer under:
