Common use of No Legal Obstacle to Agreement Clause in Contracts

No Legal Obstacle to Agreement. The execution, delivery and performance of this Amendment will not (a) contravene the terms of Borrower's certificate of incorporation, by-laws or other organization document; (b) conflict with or result in any breach or contravention of the provisions of any contract to which Borrower is a party, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to Borrower, or result in the creation under any agreement or instrument of any security interest, lien, charge, or encumbrance upon any of the assets of Borrower. No approval or authorization of any governmental authority is required to permit the execution, delivery or performance by Borrower of this Amendment, or the transactions contemplated hereby.

Appears in 1 contract

Samples: Credit Agreement (Cinemark Usa Inc /Tx)

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No Legal Obstacle to Agreement. The executionNeither the execution of this Second Amendment, delivery and the making by the Borrower of any borrowing under the Agreement, nor the performance of this Amendment the Agreement has constituted or resulted in or will not (a) contravene the terms of Borrower's certificate of incorporation, by-laws or other organization document; (b) conflict with constitute or result in any a breach or contravention of the provisions of any material contract to which the Borrower is a party, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to the Borrower, or result in the creation under any agreement or instrument of any security interest, lien, charge, or encumbrance upon any of the assets of the Borrower. No approval or authorization of any governmental authority is required to permit the execution, delivery or performance by the Borrower of this Second Amendment, the Agreement, or the transactions contemplated herebyhereby or thereby, or the making of any borrowing under the Agreement.

Appears in 1 contract

Samples: Credit Agreement (Todd Ao Corp)

No Legal Obstacle to Agreement. The executionNeither the execution of this Third Amendment, delivery and the making by the Borrower of any borrowing under the Agreement, nor the performance of this Amendment the Agreement has constituted or resulted in or will not (a) contravene the terms of Borrower's certificate of incorporation, by-laws or other organization document; (b) conflict with constitute or result in any a breach or contravention of the provisions of any material contract to which the Borrower is a party, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to the Borrower, or result in the creation under any agreement or instrument of any security interest, lien, charge, or encumbrance upon any of the assets of the Borrower. No approval or authorization of any governmental authority is required to permit the execution, delivery or performance by the Borrower of this Third Amendment, the Agreement, or the transactions contemplated herebyhereby or thereby, or the making of any borrowing under the Agreement.

Appears in 1 contract

Samples: Credit Agreement (Todd Ao Corp)

No Legal Obstacle to Agreement. The executionNeither the execution of this First Amendment, delivery and the making by the Borrower of any borrowing under the Agreement, nor the performance of this Amendment the Agreement has constituted or resulted in or will not (a) contravene the terms of Borrower's certificate of incorporation, by-laws or other organization document; (b) conflict with constitute or result in any a breach or contravention of the provisions of any material contract to which the Borrower is a party, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to the Borrower, or result in the creation under any agreement or instrument of any security interest, lien, charge, or encumbrance upon any of the assets of the Borrower. No approval or authorization of any governmental authority is required to permit the execution, delivery or performance by the Borrower of this First Amendment, the Agreement, or the transactions contemplated herebyhereby or thereby, or the making of any borrowing under the Agreement.

Appears in 1 contract

Samples: Credit Agreement (Todd Ao Corp)

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No Legal Obstacle to Agreement. The executionNeither the execution of this First Amendment, delivery and the making by Borrowers of any borrowing under the Agreement, nor the performance of this Amendment the Agreement has constituted or resulted in or will not (a) contravene the terms of Borrower's certificate of incorporation, by-laws or other organization document; (b) conflict with constitute or result in any a breach or contravention of the provisions of any material contract to which any Borrower is a party, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to any Borrower, or result in the creation under any agreement or instrument of any security interest, lien, charge, or encumbrance upon any of the assets of any Borrower. No approval or authorization of any governmental authority is required to permit the execution, delivery or performance by Borrower the Borrowers of this First Amendment, the Agreement, or the transactions contemplated herebyhereby or thereby, or the making of any borrowing under the Agreement.

Appears in 1 contract

Samples: Credit Agreement (McKesson Hboc Inc)

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