Common use of No Defaults or Violations Clause in Contracts

No Defaults or Violations. There does not exist any Event of Default under this Note and Agreement or any default or violation by such Maker of or under any of the terms, conditions or obligations of: (i) its articles or certificate of incorporation, regulations or bylaws or its other organizational documents as applicable; (ii) any indenture, mortgage, deed of trust, franchise, permit, contract, agreement, note or other instrument to which it is a party or by which it is bound; or (iii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon it by any law, the action of any court or any governmental authority or agency; and the consummation of this Note and Agreement and the transactions set forth herein will not result in any such default or violation.

No Defaults or Violations. There does not exist any Event of Default under this Note and Agreement or any default or violation by such Maker the Borrowers of or under any of the terms, conditions or obligations of: (ia) its any applicable articles or certificate of incorporationincorporation or organization, regulations or regulations, bylaws or its other organizational documents as applicableoperating agreement; (iib) any material indenture, mortgage, deed of trust, franchise, permit, contract, agreement, note or other instrument to which it a Borrower is a party or by which it is bound; or (iiic) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon it a Borrower by any law, the action of by any court or any governmental authority or agency; and the consummation of this Note and Agreement and the transactions set forth herein will not result in any such default or violation.

No Defaults or Violations. There does not exist any Event of Default under this Note and Agreement or any default or violation by such Maker any Loan Party of or under any of the terms, conditions or obligations of: (i) its articles or certificate of incorporation, regulations or bylaws or its other organizational documents as applicablebylaws; (ii) any indenture, mortgage, deed of trust, franchise, permit, contract, agreement, note or other instrument to which it is a party or by which it is bound; or (iii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon it by any law, the action of any court or any governmental authority or agency, except, in the case of clauses (ii) or (iii), for defaults or violations that are immaterial; and the consummation of this Note and Agreement and the transactions set forth herein will not result in any such default or violationviolation or Event of Default.

No Defaults or Violations. There does not exist any Event of Default under this Note and Agreement or any default or violation by such Maker Borrower of or under any of the terms, conditions or obligations of: (i) its articles or certificate of incorporation, incorporation and regulations or bylaws or its other organizational documents as applicablebylaws; (ii) any indenture, mortgage, deed of trust, franchise, permit, contract, agreement, note or other instrument to which it is a party or by which it is bound; or (iii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon it by any law, the action of by any court or any governmental authority or agency; and the consummation of this Note and Agreement and the transactions set forth herein will not result in any such default or violation.

No Defaults or Violations. There does not exist any Event of Default under this Note and Agreement or any material default or violation by such Maker the Borrower of or under any of the terms, conditions or obligations of: (i) its articles or certificate of incorporation, regulations or bylaws or its other organizational documents as applicablebylaws; (ii) any material indenture, mortgage, deed of trust, franchise, permit, contract, agreement, note or other instrument to which it is a party or by which it is bound; or (iii) any material law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon it by any law, the action of by any court or any governmental authority or agency; and the consummation of this Note and Agreement and the transactions set forth herein will not result in any such default or violation.

No Defaults or Violations. There does not exist any Event of Default under this Note and Agreement or any default default, breach or violation by such Maker the Borrower of or under any of the terms, conditions or obligations of: (i) its articles or certificate of incorporation, regulations or bylaws or its other organizational documents as applicableof the Borrower; (ii) any indenture, mortgage, deed of trust, franchise, permit, contract, agreement, note or other instrument to which it is a party or by which it is bound; or (iii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon it by any law, the action of any court or any governmental authority or agencyagency (except solely to the extent that the nature of Borrower’s business violates the Controlled Substances Act); and the consummation of this Note and Agreement and the transactions set forth herein will not result in any such default or violationviolation or Event of Default.

No Defaults or Violations. There does not exist any Event of Default under this Note and Agreement or any default or violation by such Maker the Borrower of or under any of the terms, conditions or obligations of: (i) its articles or certificate of incorporation, regulations or bylaws or its other organizational documents as applicable; (ii) any indenture, mortgage, deed of trust, franchise, permit, contract, agreement, note or other instrument to which it is a party or by which it is bound; or (iii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon it by any law, the action of any court or any governmental authority or agency; and the consummation of this Note and Agreement and the transactions set forth herein will not result in any such default or violationviolation or Event of Default.

No Defaults or Violations. There does not exist any Event of Default under this Note and Agreement or any default default, breach or violation by such Maker the Borrower of or under any of the terms, conditions or obligations of: (i) its articles or certificate of incorporationorganization, regulations or bylaws or its other organizational documents as applicableoperating agreement of the Borrower; (ii) any indenture, mortgage, deed of trust, franchise, permit, contract, agreement, note or other instrument to which it is a party or by which it is bound; or (iii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon it by any law, the action of any court or any governmental authority or agencyagency (except solely to the extent that the nature of Borrower’s business violates the Controlled Substances Act); and the consummation of this Note and Agreement and the transactions set forth herein will not result in any such default or violationviolation or Event of Default.