Common use of No Conflict with Law or Agreements Clause in Contracts

No Conflict with Law or Agreements. The execution and delivery of this Agreement and the performance by the Mortgage Loan Seller of its obligations hereunder will not conflict with any provisions of any law or regulations to which the Mortgage Loan Seller is subject, or conflict with, result in a breach of or constitute a default under any of the terms, conditions or provisions of the certificate of incorporation or the by-laws of the Mortgage Loan Seller or any indenture, agreement or instrument to which the Mortgage Loan Seller is a party or by which it is bound, or any order or decree applicable to the Mortgage Loan Seller, or result in the creation or imposition of any lien on any of the Mortgage Loan Seller's assets or property, which would materially and adversely affect the ability of the Mortgage Loan Seller to carry out the transactions contemplated by this Agreement; the Mortgage Loan Seller has obtained any consent, approval, authorization or order of any court or governmental agency or body required for the execution, delivery and performance by the Mortgage Loan Seller of this Agreement;

Appears in 4 contracts

Samples: Mortgage Loan Purchase and Sale Agreement (Painewebber Mortgage Acceptance Corp V), Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1), Mortgage Loan Purchase and Sale Agreement (Painewebber Mortgage Acceptance Corp V)

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No Conflict with Law or Agreements. The execution and delivery of this Agreement and the performance by the Mortgage Loan Seller of its obligations hereunder will not conflict with any provisions of any law or regulations to which the Mortgage Loan Seller is subject, or conflict with, result in a breach of or constitute a default under any of the terms, conditions or provisions of the certificate of incorporation formation, limited liability company agreement or the by-laws other organizational documents of the Mortgage Loan Seller or any indenture, agreement or instrument to which the Mortgage Loan Seller is a party or by which it is bound, or any order or decree applicable to the Mortgage Loan Seller, or result in the creation or imposition of any lien on any of the Mortgage Loan Seller's assets or property, which would materially and adversely affect the ability of the Mortgage Loan Seller to carry out the transactions contemplated by this Agreement; the Mortgage Loan Seller has obtained any consent, approval, authorization or order of any court or governmental agency or body required for the execution, delivery and performance by the Mortgage Loan Seller of this Agreement;

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Merrill Lynch Mort Invest Inc Mort Pass THR Cert Ser 1999 C1)

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