Common use of No Conflict or Breach Clause in Contracts

No Conflict or Breach. The execution and delivery of the Program Documents by the Servicer in the manner contemplated herein and the performance and compliance with the terms hereof by it will not violate (i) its enabling statute, or (ii) any laws which could have any material adverse effect whatsoever upon the validity, performance or enforceability of any of the terms of this Agreement applicable to the Servicer, and will not constitute a material default (or an event which, with notice or lapse of time, or both, would constitute a material default) under, or result in the breach of, any material contract, agreement or other instrument to which the Servicer is a party or which may be applicable to it or any of its assets.

Appears in 6 contracts

Samples: Mortgage Origination Agreement, Mortgage Origination Agreement, Mortgage Origination Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.