Common use of No Conflict/Violation of Law Clause in Contracts

No Conflict/Violation of Law. The execution, delivery and performance of the Loan Documents by the Borrower will not cause or constitute a default under or conflict with the organizational documents of Borrower, any Indemnitor or any Constituent Entity (as defined in Section 1.27) of either of them. The execution, delivery and performance of the obligations imposed on Borrower under the Loan Documents will not cause Borrower or any Indemnitor or any Constituent Entity of either of them to be in default, including after due notice or lapse of time or both, under the provisions of any agreement, judgment or order to which Borrower or any Indemnitor or any Constituent Entity of either of them is a party or by which Borrower or any Indemnitor or any Constituent Entity of either of them is bound.

Appears in 6 contracts

Samples: Deed of Trust, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp), Open End Mortgage, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp), Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Gladstone Commercial Corp)

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No Conflict/Violation of Law. The execution, delivery and performance of the Loan Documents by the Borrower will not cause or constitute a default under or conflict with the organizational documents of Borrower or, to Borrower’s knowledge, any Indemnitor Guarantor or any Constituent Entity (as defined in Section 1.27) of either of them. The execution, delivery and performance of the obligations imposed on Borrower under the Loan Documents will not cause Borrower or or, to Borrower’s knowledge, any Indemnitor Guarantor or any Constituent Entity of either of them to be in default, including after due notice or lapse of time or both, under the provisions of any agreement, judgment or order to which Borrower or any Indemnitor Guarantor or any Constituent Entity of either of them is a party or by which Borrower or any Indemnitor Guarantor or any Constituent Entity of either of them is bound.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Global Self Storage, Inc.)

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