Common use of No Legal Obstacle to Agreement Clause in Contracts

No Legal Obstacle to Agreement. The execution of this Agreement has not constituted or resulted in and will not constitute or result in a breach of any provision of any contract to which the Company is a party, or the violation of any law, judgment, decree or governmental order, rule or regulation applicable to, 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 Company, except in favor of the Agent and the Banks or as permitted by the Reimbursement Agreement. No approval or authorization of any governmental authority is required to permit the execution, delivery or performance of this Agreement, or the transactions contemplated hereby or thereby.

Appears in 4 contracts

Samples: Reimbursement Agreement (Hilton Hotels Corp), Reimbursement Agreement (Hilton Hotels Corp), Reimbursement Agreement (Hilton Hotels Corp)

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