Common use of No Defaults or Restrictions Clause in Contracts

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1) the Articles or Bylaws of the Company; (2) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, the Bank or Trust, as applicable, is now a party or by which it or any of its properties may be bound or affected; (3) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, the Bank or Trust; or (4) any statute, rule or regulation applicable to the Company, except, in the case of items (2), (3) or (4), for such violations and conflicts that would not, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a whole, or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of the Company, the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, the Bank or Trust, as applicable, is a party or by which the Company, the Bank or Trust, as applicable, or any of its properties may be bound or affected, except, in each case, for defaults that would not, singularly or in the aggregate, result in a Material Adverse Effect on the Company.

No Defaults or Restrictions. Neither the execution and delivery of this Agreement or the Transaction Documents by the Company Subordinated Note nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (ia) violate, conflict with or result in a breach of, or constitute a default under: (1i) the Articles of Incorporation or the Bylaws of the Company or any Subsidiary of the Company, in each case, as amended; (2ii) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, Company or any Subsidiary of the Bank or Trust, as applicable, Company is now a party or by which it any of them or any of its their properties may be bound or affected; (3iii) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, the Bank or TrustAgency; or (4iv) any statute, rule or regulation applicable to the Company, except, in the case of items (2ii), (3iii) or (4iv), for such violations and conflicts that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a wholeCompany, or (iib) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None Company or any Subsidiary of the Company, . Neither the Bank Company nor Trust any Subsidiary of the Company is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or any Subsidiary of the Bank or Trust, as applicable, Company is a party or by which the Company, the Bank or Trust, as applicable, Company or any such Subsidiary of its the Company or their respective properties may be bound or affected, except, in each case, for only such defaults that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1) the Articles Charter or Bylaws of the Company; (2) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, the Bank Company or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affected; (3) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4) any statute, rule or regulation applicable to the CompanyCompany or the Bank, except, (x) in the case of item (2) for such violations and conflicts consented to or approved by the counterparty to the Company or the Bank under any contract, agreement or instrument, and (y), except, in the case of items (2), (3) or (4), for such violations and conflicts that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a whole, or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is a party or by which the Company, Company or the Bank or TrustBank, as applicable, or any of its properties may be bound or affected, except, in each case, for only such defaults that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company. The Bank is not a party to, or otherwise subject to, any legal restriction or any agreement (other than customary limitations imposed by corporate law statutes, banking law statutes, rules and policies, or other regulatory requirements) restricting the ability of the Bank to pay dividends or make any other distributions to the Company.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1) the Articles of Incorporation or Bylaws of the CompanyRegulations; (2) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affectedis now bound; (3) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4) any statute, rule or regulation applicable to the CompanyCompany or the Bank, except, (A) in the case of items (2), (3) or and (4), for such violations violations, conflicts, breaches, and conflicts defaults that would not, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a wholeCompany, or (B) in the case of item (2), have otherwise been consented to or waived; or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is a party or by which the Company, Company or the Bank or TrustBank, as applicable, or any of its properties may be bound or affectedis now bound, except, in each case, for only such defaults that would not, singularly or in the aggregate, result in a Material Adverse Effect on the Company.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1) the Articles of Incorporation or Bylaws of the CompanyBylaws; (2) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, the Bank Company or Trustany Subsidiary, as applicable, is now a party or by which it or any of its properties may be bound or affectedis now bound; (3) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, the Bank Company or Trustany Subsidiary; or (4) any statute, rule or regulation applicable to the CompanyCompany or any Subsidiary, except, (A) in the case of items (2), (3) or and (4), for such violations violations, conflicts, breaches, and conflicts defaults that would not, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a wholeCompany, or (B) in the case of item (2), have otherwise been consented to or waived; or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, the Bank Company nor Trust any Subsidiary is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, the Bank Company or Trustany Subsidiary, as applicable, is a party or by which the Company, the Bank Company or Trustany Subsidiary, as applicable, or any of its properties may be bound or affectedis now bound, except, in each case, for only such defaults that would not, singularly or in the aggregate, result in a Material Adverse Effect on the Company.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1) the Articles Certificate of Incorporation or Bylaws of the CompanyBylaws; (2) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affected; (3) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4) any statute, rule or regulation applicable to the Company, except, in the case of items (2), (3) or (4), for such violations violations, conflicts breaches and conflicts default that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a whole, or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is a party or by which the Company, Company or the Bank or TrustBank, as applicable, or any of its properties may be bound or affected, except, in each case, for only such defaults that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1A) the Articles Charter or Bylaws of the Company; (2B) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, the Bank Company or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affected; (3C) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4D) any statute, rule or regulation applicable to the Company, except, in the case of items (2B), (3C) or (4D), for such violations and conflicts that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a whole, or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is a party or by which the Company, Company or the Bank or TrustBank, as applicable, or any of its properties may be bound or affected, except, in each case, for only such defaults that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1A) the Articles of Incorporation or Bylaws of the Company; (2B) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, the Bank Company or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affected; (3C) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4D) any statute, rule or regulation applicable to the Company, except, in the case of items (2B), (3C) or (4D), for such violations and conflicts that would not, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a whole, or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is a party or by which the Company, Company or the Bank or TrustBank, as applicable, or any of its properties may be bound or affected, except, in each case, for defaults that would not, singularly or in the aggregate, result in a Material Adverse Effect on the Company.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1A) the Articles Certificate of Incorporation or Bylaws of the Company; (2B) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, the Bank Company or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affected; (3C) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4D) any statute, rule or regulation applicable to the Company, except, in the case of items (2B), (3C) or (4D), for such violations and conflicts that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a whole, or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is a party or by which the Company, Company or the Bank or TrustBank, as applicable, or any of its properties may be bound or affected, except, in each case, for only such defaults that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1) the Articles Charter or Bylaws of the Company; (2) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, the Bank Company or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affected; (3) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4) any statute, rule or regulation applicable to the Company, except, in the case of items (2), (3) or (4), for such violations and conflicts violations, conflicts, breaches or defaults that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a whole, or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture indenture, note or other agreement or instrument creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is a party or by which the Company, Company or the Bank or TrustBank, as applicable, or any of its properties may be bound or affected, except, in each case, for only such defaults that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the CompanyCompany and its Subsidiaries taken as a whole.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1) the Articles Charter or Bylaws of the Company; (2) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, the Bank Company or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affected; (3) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4) any statute, rule or regulation applicable to the CompanyCompany or the Bank, except, (x) in the case of item (2) for such violations and conflicts consented to or approved by the counterparty to the Company or the Bank under any contract, agreement or instrument, and (y) in the case of items (2), (3) or (4), for such violations and conflicts that would not, singularly or in the aggregate, not result in a Material Adverse Effect on the Company and its Subsidiaries taken as a wholeEffect, or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust or any of their Subsidiaries is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, the Bank or Trustany of their Subsidiaries, as applicable, is a party or by which the Company, the Bank Bank, or Trust, any of their Subsidiaries as applicable, or any of its properties may be bound or affected, except, in each case, for only such defaults that would not, singularly or in the aggregate, not result in a Material Adverse Effect on the CompanyEffect.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1) the Articles Certificate of Formation or Bylaws of the Company; (2) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affectedbound; (3) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4) any statute, rule or regulation applicable to the Company, except, in the case of items (2), (3) or (4), for such violations violations, conflicts, breaches and conflicts defaults that would not, either singularly or in the aggregate, reasonably be expected to result in in, a Material Adverse Effect on the Company and its Subsidiaries Subsidiaries, taken as a whole, or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any material property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is a party or by which the Company, Company or the Bank or TrustBank, as applicable, or any of its properties may be bound or affectedbound, except, in each case, for only such defaults that would notnot reasonably be expected to have, either singularly or in the aggregate, result in a Material Adverse Effect on the Company.

No Defaults or Restrictions. Neither the execution and delivery of the Transaction Documents by the Company nor compliance by the Company with their respective terms and conditions will (whether with or without the giving of notice or lapse of time or both) (i) violate, conflict with or result in a breach of, or constitute a default under: (1) the Articles of Incorporation or Bylaws of the CompanyBylaws; (2) any of the terms, obligations, covenants, conditions or provisions of any corporate restriction or of any contract, agreement, indenture, note, mortgage, deed of trust, pledge, bank loan or credit agreement, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is now a party or by which it or any of its properties may be bound or affectedis now bound; (3) any judgment, order, writ, injunction, decree or demand of any court, arbitrator, grand jury, or Governmental Agency applicable to the Company, Company or the Bank or TrustBank; or (4) any statute, rule or regulation applicable to the Company, except, (A) in the case of items (2), (3) or and (4), for such violations violations, conflicts, breaches, and conflicts defaults that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company and its Subsidiaries taken as a wholeCompany, or (B) in the case of item (2), have otherwise been consented to or waived; or (ii) result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any property or asset of the Company. None of Neither the Company, Company nor the Bank nor Trust is in default in the performance, observance or fulfillment of any of the terms, obligations, covenants, conditions or provisions contained in any indenture or other agreement creating, evidencing or securing Indebtedness of any kind or pursuant to which any such Indebtedness is issued, or any other agreement or instrument to which the Company, Company or the Bank or TrustBank, as applicable, is a party or by which the Company, Company or the Bank or TrustBank, as applicable, or any of its properties may be bound or affectedis now bound, except, in each case, for only such defaults that would notnot reasonably be expected to have, singularly or in the aggregate, result in a Material Adverse Effect on the Company.