Common use of No Conflict; Satisfaction of Conditions to Membership Transactions Clause in Contracts

No Conflict; Satisfaction of Conditions to Membership Transactions. Neither the execution, acceptance and delivery by the Participant of any Grant Document, nor the performance by the Participant of his or her obligations thereunder, violates, conflicts with or constitutes a default or breach under, or will violate, conflict with or constitute a default or breach under any applicable law or any contract, indenture, agreement, instrument or mortgage binding on the Participant or any of his or her properties. To the best knowledge of the Participant, neither the grant and issuance of the Granted Units to the Participant, nor the ownership by the Participant of the Granted Units, nor the status of the Participant as a Member:

Appears in 3 contracts

Samples: Restricted Unit Award Agreement (Oaktree Capital Group, LLC), Restricted Unit Award Agreement (Oaktree Capital Group, LLC), Restricted Unit Award Agreement (Oaktree Capital Group, LLC)

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No Conflict; Satisfaction of Conditions to Membership Transactions. Neither the execution, acceptance and delivery by the Participant of any Grant Document, nor the performance by the Participant of his or her obligations thereunder, violates, conflicts with or constitutes a default or breach under, or will violate, conflict with or constitute a default or breach under any applicable law or any contract, indenture, agreement, instrument or mortgage binding on the Participant or any of his or her properties. To the best knowledge of the Participant, neither the grant and issuance of the Granted Units to the Participant, nor the ownership by the Participant of the Granted Units, nor the status of the Participant as a MemberLimited Partner:

Appears in 2 contracts

Samples: Restricted Unit Award Agreement (Oaktree Capital Group, LLC), Grant Agreement (Oaktree Capital Group, LLC)

No Conflict; Satisfaction of Conditions to Membership Transactions. Neither the execution, acceptance and delivery by the Participant of any Grant Document, nor the - 4 - performance by the Participant of his or her obligations thereunder, violates, conflicts with or constitutes a default or breach under, or will violate, conflict with or constitute a default or breach under any applicable law or any contract, indenture, agreement, instrument or mortgage binding on the Participant or any of his or her properties. To the best knowledge of the Participant, neither the grant and issuance of the Granted Units to the Participant, nor the ownership by the Participant of the Granted Units, nor the status of the Participant as a MemberLimited Partner:

Appears in 1 contract

Samples: Restricted Unit Award Agreement (Oaktree Capital Group, LLC)

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No Conflict; Satisfaction of Conditions to Membership Transactions. Neither the execution, acceptance execution and delivery by the Participant of any Grant Document, nor the performance by the Participant of his or her obligations thereunder, violates, conflicts with or constitutes a default or breach under, or will violate, conflict with or constitute a default or breach under any applicable law or any contract, indenture, agreement, instrument or mortgage binding on the Participant or any of his or her properties. To the best knowledge of the Participant, neither the grant and issuance of the Granted Units to the Participant, nor the ownership by the Participant of the Granted Units, nor the status of the Participant as a MemberLimited Partner:

Appears in 1 contract

Samples: Grant Agreement (Oaktree Capital Group, LLC)

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