Common use of No Violation of Law or Agreements Clause in Contracts

No Violation of Law or Agreements. The execution and delivery by the Borrower of each Loan Document and performance by it hereunder and thereunder, will not violate any provision of law and will not, except as set forth on Schedule 3.2 annexed hereto, conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, or any charter or by-laws of the Borrower or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture to which the Borrower is a party, or by which the Borrower is bound or any of its properties or assets is affected, or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of the Borrower.

Appears in 2 contracts

Samples: Loan Agreement by and Among National Consumer Cooperative Bank and Certain Banks Named Therein and Fleet National (National Consumer Cooperative Bank /Dc/), Loan Agreement (National Consumer Cooperative Bank /Dc/)

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No Violation of Law or Agreements. The execution execution, delivery and delivery performance by the Borrower and each of each Loan Document and performance by it hereunder and thereunder, its Subsidiaries of this Third Amendment will not violate any provision of law presently in effect and will not, except as set forth on Schedule 3.2 annexed hereto, not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument presently in effect of any court or governmental authority, bureau or agency, domestic or foreign, or any charter the certificate of incorporation or by-laws of the Borrower or such Subsidiary, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture presently in effect to which the Borrower or any Subsidiary is a party, or by which the Borrower any of them is bound or any of its their properties or assets is affected, or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of the BorrowerBorrower or any of its Subsidiaries, except for the Liens created and granted pursuant to the Collateral Documents as acknowledged and confirmed herein.

Appears in 2 contracts

Samples: Credit Agreement (Cantel Medical Corp), Credit Agreement (Cantel Medical Corp)

No Violation of Law or Agreements. The execution and delivery by the Borrower of each Loan Document to which it is a party and performance by it each hereunder and thereunder, will not violate any provision of law and will not, except as set forth on Schedule 3.2 Exhibit B annexed hereto, conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, or any charter certificate of incorporation or by-laws of the Borrower Borrower, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture to which the Borrower is a party, or by which the Borrower it is bound or any of its their respective properties or assets is affected, or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of the Borrower, except for the Liens created and granted pursuant to the Security Documents.

Appears in 2 contracts

Samples: Loan Agreement (A C Moore Arts & Crafts Inc), Loan Agreement (A C Moore Arts & Crafts Inc)

No Violation of Law or Agreements. The execution and delivery by the Borrower and each Guarantor of each Loan Document this First Amendment and the Allonges, as applicable, and performance by it each of them hereunder and thereunder, will not violate any provision of law and will not, except as set forth on Schedule 3.2 annexed hereto, not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, or any charter certificate of incorporation or by-laws of the Borrower or any Guarantor, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture to which the Borrower or any Guarantor is a party, or by which the Borrower any of them is bound or any of its their respective properties or assets is affected, or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of the BorrowerBorrower or any Guarantor.

Appears in 1 contract

Samples: Loan Agreement (Lazare Kaplan International Inc)

No Violation of Law or Agreements. The execution and delivery by the --------------------------------- Borrower of each Loan Document and performance by it hereunder and thereunder, does not and will not violate any provision of law and does not and will not, except as set forth on Schedule 3.2 annexed hereto, not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, or any charter certificate of incorporation or by-laws of the Borrower Borrower, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, instrument, document, bond, note or indenture to which the Borrower is a party, or by which the Borrower it is bound or any of its properties or assets is affected, or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of Borrower, except for the BorrowerLiens created and granted hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Positron Corp)

No Violation of Law or Agreements. The execution and delivery by the Borrower and each other Loan Party of each Loan Document to which it is a party and performance by it hereunder and thereunder, will not violate any provision of law and will not, except as set forth on Schedule 3.2 annexed hereto, not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, including, without limitation, any ordinance, rule, regulation or any charter or by-laws order of the Borrower FCC, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture to which the Borrower or any other Loan Party is a party, or by which the Borrower any of them is bound or any of its their respective properties or assets is affected, or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of the BorrowerBorrower or any other Loan Party, except for the Liens created and granted pursuant to the Security Documents.

Appears in 1 contract

Samples: Loan Agreement (National Wireless Holdings Inc)

No Violation of Law or Agreements. The execution and delivery by the Borrower of each Loan Document to which it is a party and performance by it hereunder and thereunder, will not violate any provision of law and will not, except as set forth on Schedule 3.2 annexed hereto, not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, or any charter its certificate of incorporation or by-laws of the Borrower laws, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture to which the Borrower it is a party, or by which the Borrower it is bound or any of its properties or assets is affected, except for such defaults and breaches which in the aggregate could not have a Material Adverse Effect, or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Omega Worldwide Inc)

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No Violation of Law or Agreements. The execution and delivery by the Borrower and each Guarantor of each Loan Document this Second Amendment and the Allonges, as applicable, and performance by it each of them hereunder and thereunder, will not violate any provision of law and will not, except as set forth on Schedule 3.2 annexed hereto, not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, or any charter certificate of incorporation or by-laws of the Borrower or any Guarantor, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture to which the Borrower or any Guarantor is a party, or by which the Borrower any of them is bound or any of its their respective properties or assets is affected, or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of the BorrowerBorrower or any Guarantor.

Appears in 1 contract

Samples: Loan Agreement (Lazare Kaplan International Inc)

No Violation of Law or Agreements. The execution execution, delivery and delivery performance by the Borrower of each Loan Document and performance by to which it hereunder and thereunder, is a party will not (i) violate or conflict with any provision of law and will notor any rule or regulation, except as set forth on Schedule 3.2 annexed hereto(ii) violate or conflict with any provision of the Amended Articles or by-laws of the Borrower, (iii) violate or conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, or any charter or by-laws of the Borrower or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture to which the Borrower is a party, or by which the Borrower it is bound or any of its properties or assets is affected, are affected or (iv) result in the imposition of any Lien of any nature whatsoever upon any of the its properties or assets owned by or used in connection with the business of the Borrower, except for the Liens created and granted pursuant to the Security Documents.

Appears in 1 contract

Samples: Agreement (Marlin Business Services Inc)

No Violation of Law or Agreements. The execution and --------------------------------- delivery by of this Agreement and the Borrower of each other Loan Document Documents and any other agreements, instruments or documents to be executed and delivered hereunder, and performance by it hereunder and thereunder, will not violate any provision of law and will not, except as set forth on Schedule 3.2 annexed hereto, not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court Governmental Body or governmental authority, bureau the agreement of limited partnership or agency, domestic certificate of limited partnership of the Borrower or foreign, or any the charter or by-laws of the Borrower General Partner, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture to which the Borrower or the General Partner is a party, party or by which the Borrower it is bound or any of its properties or assets respective Assets is affected, or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets Assets owned by or used in connection with the business of the BorrowerBorrower or the General Partner, except for the Liens created and granted to the Collateral Agent pursuant to the terms hereof or of any other Loan Document.

Appears in 1 contract

Samples: Acquisition Loan Agreement (Atlantic Acquistion Limited Partnership Et Al)

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