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

No Violation of Law or Agreements. The execution, delivery and performance by the Borrower and each of its Subsidiaries of this Third Amendment will not violate any provision of law presently in effect and will 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 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 any of them is bound or any of 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 Borrower 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)

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No Violation of Law or Agreements. The execution, execution and delivery by the Borrower of each Loan Document to which it is a party and performance by the Borrower each hereunder and each of its Subsidiaries of this Third Amendment thereunder, will not violate any provision of law presently in effect and will not not, except as set forth on 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 presently in effect of any court or governmental authority, bureau or agency, domestic or foreign, or the any certificate of incorporation or by-laws of the Borrower or such SubsidiaryBorrower, 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 any of them it is bound or any of 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 or any of its SubsidiariesBorrower, except for the Liens created and granted pursuant to the Collateral Documents as acknowledged and confirmed hereinSecurity 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, delivery and performance by the Borrower and of each of its Subsidiaries of this Third Amendment Loan Document to which it is a party will not (i) violate or conflict with any provision of law presently in effect and will not or any rule or regulation, (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 presently in effect of any court or governmental authority, bureau or agency, domestic or foreign, or 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 any of them it is bound or any of their 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 or any of its SubsidiariesBorrower, except for the Liens created and granted pursuant to the Collateral Documents as acknowledged and confirmed hereinSecurity Documents.

Appears in 1 contract

Samples: Warehouse Revolving Credit Facility Agreement (Marlin Business Services Inc)

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No Violation of Law or Agreements. The execution, execution and delivery and performance by the Borrower and each other Loan Party of its Subsidiaries of this Third Amendment each Loan Document to which it is a party and performance by it hereunder and thereunder, will not violate any provision of law presently in effect and will 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, including, without limitation, any ordinance, rule, regulation or the certificate of incorporation or by-laws order of the Borrower or such SubsidiaryFCC, 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 other Loan Party is a party, or by which any of them is bound or any of 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 or any of its Subsidiariesother Loan Party, except for the Liens created and granted pursuant to the Collateral Documents as acknowledged and confirmed hereinSecurity Documents.

Appears in 1 contract

Samples: Loan Agreement (National Wireless Holdings Inc)

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