No conflict with other obligations. its execution and delivery of, the performance of its obligations under, and compliance with the provisions of, this Deed by it will not (i) contravene any material existing applicable law, statute, rule or regulation or any judgment, decree or permit to which it is subject, (ii) conflict with, or result in any breach of any of the terms of, or constitute a default under, any material agreement or other instrument to which it is a party or is subject or by which it or any of its property is bound, (iii) contravene or conflict with any material provision of its Memorandum and Articles of Association, or (iv) result in the creation or imposition of or oblige it to create any security interest over any of its undertaking, assets, rights or revenues; and
Appears in 3 contracts
Samples: Master Hire Purchase Agreement (Vanguard Car Rental Group Inc.), Master Operating Lease Agreement (Vanguard Car Rental Group Inc.), Vanguard Car Rental Group Inc.
No conflict with other obligations. its the execution and the delivery of, the performance of its obligations under, and compliance with the provisions of, of this Deed Agreement by it the Borrower will not (i) contravene any material existing applicable law, statute, rule or regulation or any judgment, decree or permit to which it the Borrower is subject, (ii) conflict with, or result in any breach of any of the terms of, or constitute a default under, any material agreement or other instrument to which it the Borrower is a party or is subject or by which it or any of its property is bound, (iii) contravene or conflict with any material provision of its Memorandum the memorandum and Articles articles of Association, association or (iv) result in the creation or imposition of or oblige it the Borrower to create any security interest over Encumbrance on any of its undertakingthe undertakings, assets, rights or revenues; andrevenues of the Borrower;
Appears in 2 contracts
Samples: Loan Facility Agreement (Bookham, Inc.), Agreement (Bookham, Inc.)