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

No Violation of Law or Agreements. The execution and delivery by each Loan Party of each Loan Document to which it is a party, the performance by it thereunder and the extensions of credit hereunder, will not (a) violate any provision of law and will 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 certificate of incorporation or by-laws or other organizational document of such Loan Party, except for such defaults and breaches which in the aggregate could not have a Material Adverse Effect, (b) 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 such Loan Party (other than Liens permitted by Section 7.02) or (c) 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 in an aggregate principal amount in excess of the Threshold Amount to which such Loan Party is a party, or by which such Loan Party 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.

No Violation of Law or Agreements. The execution and delivery by each the Borrowereach Loan Party of each Loan Document to which it is a party, the performance by it thereunder and the extensions of credit hereunder, will not (a) violate any provision of law and will 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 certificate of incorporation or by-laws or other organizational document of such the Borrowersuch Loan Party, except for such defaults and breaches which in the aggregate could not have a Material Adverse Effect, (b) 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 such the Borrowersuch Loan Party (other than Liens permitted by Section 7.02) or (c) 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 in an aggregate principal amount in excess of the Threshold Amount to which such the Borrowersuch Loan Party is a party, or by which such the Borrowersuch Loan Party 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.

No Violation of Law or Agreements. The execution and delivery by each Loan Party the Borrower of each Loan Document to which it is a party, the performance by it thereunder and the extensions of credit hereunder, will not (a) violate any provision of law and will 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 certificate of incorporation or by-laws or other organizational document of such Loan Partythe Borrower, except for such defaults and breaches which in the aggregate could not have a Material Adverse Effect, (b) 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 such Loan Party the Borrower (other than Liens permitted by Section 7.02) or (c) 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 in an aggregate principal amount in excess of the Threshold Amount to which such Loan Party the Borrower is a party, or by which such Loan Party the Borrower 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.