Common use of No Violation; Compliance with Laws Clause in Contracts

No Violation; Compliance with Laws. (a) The Company is not in violation of its charter or by-laws in any material respect, and (b) no other Company Party is in violation of its respective charter or by-laws, certificate of formation or limited liability company operating agreement or similar organizational document in any material respect. None of the Company Parties is or has been at any time since February 16, 2017 deemed to be in violation of any Law or order, except for any such violations that have not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Joinder Agreement (Halcon Resources Corp), Backstop Commitment Agreement

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No Violation; Compliance with Laws. (a) The Company is not in violation of its certificate of incorporation, charter or by-laws in any material respect, bylaws and (b) no other Company Party Debtor or any of its Subsidiaries is in violation of its respective charter or by-laws, certificate of formation incorporation or formation, charter, bylaws, limited liability company operating agreement or similar organizational document in any material respect. None of the Company Parties or its Subsidiaries is or has been at any time since February 16, 2017 deemed to be the Spin-Off Date in violation of any Law or orderOrder, except for any such violations that have not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Replacement Equity Backstop Commitment Agreement (Garrett Motion Inc.), Equity Backstop Commitment Agreement (Garrett Motion Inc.)

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No Violation; Compliance with Laws. (a) The Company is not in violation of its charter certificate of formation or by-laws in any material respectlimited liability company operating agreement, and (b) no other Company Party Debtor or any of its Subsidiaries is in violation of its respective charter or by-lawsbylaws, certificate of formation or limited liability company operating agreement or similar organizational document in any material respect. None of the Company Parties Debtors or their Subsidiaries is or has been at any time since February 16December 31, 2017 deemed to be in violation of any Law or orderOrder, except for any such violations that have not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Equity Commitment Agreement (Phi Inc)

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