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 other Loan Documents, and the performance and consummation of the transactions contemplated hereby and thereby, on the part of Borrower and all other Significant Parties (as applicable), and fulfillment of the terms of the Loan Documents by Borrower and the other Significant Parties (as applicable), (i) do not and will not conflict with, violate, or constitute a default (or a condition or event which, after notice or lapse of time or both, would constitute such a default) under any provision of any Organizational Document or any contractual obligation of Borrower or any other Significant Party, or any Legal Requirement or any court decree or order applicable to the Premises, Borrower or any other Significant Party, and (ii) will not result in, or require, the creation or imposition of any lien or encumbrance on, or conveyance of, any of Borrower's properties pursuant to any contractual obligation, and (iii) do not require the consent or approval of any Governmental Authority or other Person, except for consents and approvals already obtained. Section 3.16

Appears in 1 contract

Samples: Loan Agreement (Mark Centers Trust)

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No Conflict with Law or Agreements. The execution and delivery of this Agreement and the other Loan Documents, and the performance and consummation of the transactions transactions, contemplated hereby and thereby, on the part of Borrower and all other Significant Parties (as applicable), ) and fulfillment of the terms of the Loan Documents by Borrower and the all other Significant Parties (as applicable), ) (ia) do not and will not conflict with, violate, or constitute a default (or a condition or event which, after notice or lapse of time time, or both, would constitute such a default) under any provision of any Organizational Document or any contractual obligation of Borrower or any other Significant Party, or any Legal Requirement or any court decree or order applicable to the Premisesany Property, Borrower or any other Significant Party, and (iib) will not result in, or require, the creation or imposition of any lien or encumbrance on, or conveyance of, any of Borrower's properties pursuant to any contractual obligation, obligation and (iiic) do not require the consent or approval of any Governmental Authority or other Person, except for consents and approvals already obtained. Section 3.16.

Appears in 1 contract

Samples: Loan Agreement (Cedar Income Fund LTD /Md/)

No Conflict with Law or Agreements. The execution and delivery of this Agreement and the other Loan Documents, and the performance and consummation of the transactions contemplated hereby and thereby, on the part of Borrower and all other Significant Parties (as applicable), and fulfillment of the terms of the Loan Documents by Borrower and the other Significant Parties (as applicable), (i) do not and will not conflict with, violate, or constitute a default (or a condition or event which, after notice or lapse of time or both, would constitute such a default) under any provision of any Organizational Document or any contractual obligation of Borrower or any other Significant Party, or any Legal Requirement or any court decree or order applicable to the Premises, Borrower or any other Significant Party, and (ii) will not result in, or require, the creation or imposition of any lien or encumbrance on, or conveyance of, any of Borrower's properties pursuant to any contractual obligation, and (iii) do not require the consent or approval of any Governmental Authority or other Person, except for consents and approvals already obtained. Section 3.16.

Appears in 1 contract

Samples: Loan Agreement (Tower Realty Trust Inc)

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No Conflict with Law or Agreements. The execution and delivery of this Agreement and the other Loan Documents, and the performance and consummation of the transactions transactions, contemplated hereby and thereby, on the part of Borrower and all other Significant Parties (as applicable), ) and fulfillment of the terms of the Loan Documents by Borrower and the all other Significant Parties (as applicable), (ia) do not and will not conflict with, violate, or constitute a default (or a condition or event which, after notice or lapse of time time, or both, would constitute such a default) under any provision of any Organizational Document or any contractual obligation of Borrower or any other Significant Party, or any Legal Requirement or any court decree or order applicable to the Premises, Borrower or any other Significant Party, and (iib) will not result in, or require, the creation or imposition of any lien or encumbrance on, or conveyance of, any of Borrower's properties pursuant to any contractual obligation, and (iiic) do not require the consent or approval of any Governmental Authority or other Person, except for consents and approvals already obtained. Section 3.16.

Appears in 1 contract

Samples: Loan Agreement (Cedar Income Fund LTD /Md/)

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