Common use of No Legal Obstacle to Agreement Clause in Contracts

No Legal Obstacle to Agreement. Neither the execution and delivery of this Agreement or any other Loan Agreement, nor the making by the Company of any borrowings hereunder, nor the consummation of any transaction herein or therein referred to or contemplated hereby or thereby, nor the fulfillment of the terms hereof or thereof or other agreement or instrument referred to in this Agreement or any other Loan Agreement has constituted or resulted in or will constitute or result in a breach of the provisions of any contract or any Franchise to which the Company is a party or by which it is or will be bound or of the Partnership Agreement or the Charter or By-laws of Enstar Communications or the violation of any law, judgment, decree or governmental order, rule or regulation application to the Company or any of the General Partners, or result in the creation under any agreement or instrument of any Lien upon any of the assets of the Company. No consent, approval, authorization, order, or other action by any governmental authority or unit or any other Person is required to be obtained by the Company or any of the General Partners in connection with the execution, delivery and performance of this Agreement or any other Loan Agreement, or the transactions contemplated hereby or thereby including the creation of a security interest in the Loan Security pursuant to Section 5.2.5 hereof, or the making of any borrowing by the Company hereunder.

No Legal Obstacle to Agreement. Neither the execution and delivery of this Agreement or any other Loan Agreement, nor the making by the Company of any borrowings hereunder, nor the consummation of any transaction herein or therein referred to or contemplated hereby or thereby, nor the fulfillment of the terms hereof or thereof or other agreement or instrument referred to in this Agreement or any other Loan Agreement has constituted or resulted in or will constitute or result in a breach of the provisions of any contract or any Franchise to which the Company is a party or by which it is or will be bound or of the Partnership Agreement or the Charter or By-laws of Enstar Communications or the violation of any law, judgment, decree or governmental order, rule or regulation application to the Company or any of the General Partners, or result in the creation under any agreement or instrument of any Lien upon any of the assets of the Company. No consent, approval, authorization, order, or other action by any governmental authority or unit or any other Person is required to be obtained by the Company or any of the General Partners in connection with the execution, delivery and performance of this Agreement or any other Loan Agreement, or the transactions contemplated hereby or thereby including the creation of a security interest in the Loan Security pursuant to Section 5.2.5 hereof, or the making of any borrowing by the Company hereunder.Loan