No Conflict; Material Agreements; Consents. Neither the execution and delivery of this Guaranty or the other Loan Documents by any Guarantor party thereto nor the consummation of the transactions herein or therein contemplated or compliance with the terms and provisions hereof or thereof by any of them will conflict with, constitute a default under or result in any breach of (i) the terms and conditions of the certificate of incorporation, bylaws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents of any Guarantor, or (ii) any Law or any material agreement or instrument or order, writ, judgment, injunction or decree to which any Guarantor is a party or by which it is bound or to which it is subject, or result in the creation or enforcement of any Lien, charge or encumbrance whatsoever upon any property (now or hereafter acquired) of any Guarantor (other than Liens granted under such Loan Documents). No consent, approval, exemption, order or authorization of, or a registration or filing with, any Official Body or any other Person is required by any Law or any agreement in connection with the execution, delivery and performance of this Guaranty and the other Loan Documents to which each Guarantor is a party except (A) for filings and recordings with respect to the Collateral to be made, or otherwise delivered to the Collateral Agent for filing and/or recordation, as of the Closing Date, (B) for those approvals, consents, exemptions, registrations, authorizations, actions, notices and filings which have been duly obtained, taken, given or made and are in full force and (C) with respect carrying out only, approvals, consents, exemptions, registrations, authorizations, actions, notices and filings, which are not material to the operation of the Guarantors or the rights of the Collateral Agent, the Issuing Lender or the Lenders.
Appears in 1 contract
Samples: Revolving Credit Facility (Advanced Drainage Systems, Inc.)
No Conflict; Material Agreements; Consents. Neither the execution and delivery of this Guaranty Agreement or the other Loan Documents by any Guarantor party thereto Loan Party nor the consummation of the transactions herein or therein contemplated or compliance with the terms and provisions hereof or thereof by any of them will conflict with, constitute a default under or result in any breach of (i) the terms and conditions of the certificate of incorporation, bylaws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents of any Guarantor, Loan Party or (ii) any Law or any material agreement or instrument or order, writ, judgment, injunction or decree to which any Guarantor Loan Party is a party or by which it is bound or to which it is subject, or result in the creation or enforcement of any Lien, charge or encumbrance whatsoever upon any property (now or hereafter acquired) of any Guarantor Loan Party (other than Liens granted under such the Loan Documents). No consent, approval, exemption, order or authorization of, or a registration or filing with, any Official Body or any other Person is required by any Law or any agreement in connection with the execution, delivery and performance of this Guaranty Agreement and the other Loan Documents to which each Guarantor is a party except (Aa) for filings and recordings with respect to the Collateral to be made, or otherwise delivered to the Collateral Agent for filing and/or recordation, as of the Closing Date, (Bb) for those approvals, consents, exemptions, registrations, authorizations, actions, notices and filings which have been duly obtained, taken, given or made and are in full force and (Cc) with respect carrying out only, approvals, consents, exemptions, registrations, authorizations, actions, notices and filings, which are not material to the operation of the Guarantors Loan Parties or the rights of the Collateral AgentAgent , the Issuing Lender or the Lenders.
Appears in 1 contract
Samples: Revolving Credit Facility (Advanced Drainage Systems, Inc.)
No Conflict; Material Agreements; Consents. Neither the execution and delivery of this Guaranty Agreement or the other Loan Documents by any Guarantor party thereto the Borrower nor the consummation of the transactions herein or therein contemplated or compliance with the terms and provisions hereof or thereof by any of them will conflict with, constitute a default under or result in any breach of (i) the terms and conditions of the certificate of incorporation, bylaws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents of any Guarantorthe Borrower or ADV Corporativo, or (ii) any Law or any material agreement or instrument or order, writ, judgment, injunction or decree to which any Guarantor the Borrower or ADS Corporativo is a party or by which it or the Borrower or ADS Corporativo is bound or to which it is subject, or result in the creation or enforcement of any Lien, charge or encumbrance whatsoever upon any property (now or hereafter acquired) of any Guarantor the Borrower or ADS Corporativo (other than Liens granted under such the Loan Documents). No consent, approval, exemption, order or authorization of, or a registration or filing with, any Official Body or any other Person is required by any Law or any agreement in connection with the execution, delivery and performance of this Guaranty Agreement and the other Loan Documents to which each Guarantor is a party except (A) for filings and recordings with respect to the Collateral to be made, or otherwise delivered to the Collateral Agent for filing and/or recordation, as of the Closing Date, (B) for those approvals, consents, exemptions, registrations, authorizations, actions, notices and filings which have been duly obtained, taken, given or made and are in full force and (CB) with respect carrying out only, approvals, consents, exemptions, registrations, authorizations, actions, notices and filings, which are not material to the operation of the Guarantors Borrower or the rights of the Collateral Agent, the Issuing Lender or the Lenders.
Appears in 1 contract
Samples: Revolving Credit Facility (Advanced Drainage Systems, Inc.)
No Conflict; Material Agreements; Consents. Neither the execution and delivery of this Guaranty Agreement or the other Loan Documents by any Guarantor party thereto Loan Party nor the consummation of the transactions herein or therein contemplated or compliance with the terms and provisions hereof or thereof by any of them will conflict with, constitute a default under or result in any breach of (i) the terms and conditions of the certificate of incorporation, bylaws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents of any Guarantor, Loan Party or (ii) any Law or any material agreement or instrument or order, writ, judgment, injunction or decree to which any Guarantor Loan Party or any of its Material Subsidiaries is a party or by which it or any of its Material Subsidiaries is bound or to which it is subject, or result in the creation or enforcement of any Lien, charge or encumbrance whatsoever upon any property (now or hereafter acquired) of any Guarantor Loan Party or any of its Material Subsidiaries (other than Liens granted under such the Loan Documents). No consent, approval, exemption, order or authorization of, or a registration or filing with, any Official Body or any other Person is required by any Law or any agreement in connection with the execution, delivery and performance of this Guaranty Agreement and the other Loan Documents to which each Guarantor is a party except (A) for filings and recordings with respect to the Collateral to be made, or otherwise delivered to the Collateral Agent for filing and/or recordation, as of the Closing Date, (B) for those approvals, consents, exemptions, registrations, authorizations, actions, notices and filings which have been duly obtained, taken, given or made and are in full force and (C) with respect carrying out only, approvals, consents, exemptions, registrations, authorizations, actions, notices and filings, which are not material to the operation of the Guarantors Loan Parties or the rights of the Collateral Agent, the Issuing Lender or the Lenders.
Appears in 1 contract