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 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 Exhibit C 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 certificate of incorporation or by-laws of the Borrower or any other corporate Loan Party or partnership agreement or other organizational document or instrument of any Loan Party that is not a corporation, 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 any of them is bound or any of their respective properties or assets is affected (which default or breach would have a material adverse effect on the business, financial conditions or operations of the Borrower, the Parent and the Subsidiaries taken as a whole), 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 other Loan Party, except for the Liens created and granted pursuant to the Security Documents.

Appears in 2 contracts

Samples: Loan Agreement (G Iii Apparel Group LTD /De/), Loan Agreement (G Iii Apparel Group LTD /De/)

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No Violation of Law or Agreements. The execution and delivery by the Borrower and each other Loan Party of each Loan Document this Fifth Amendment (and with respect to which it is a party the Borrower, the Second Substituted Note) and the performance by it hereunder and thereundereach of them hereunder, will not violate any provision of law and will not, except as set forth on Exhibit C hereto, or conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, decree or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, or any the certificate of incorporation or by-laws of the Borrower or any other corporate Loan Party or the partnership agreement or any other organizational document or instrument of any Loan Party that is not a corporation, 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 any of them is bound or any of their respective properties or assets is affected (which default or breach would have a material adverse effect on the business, financial conditions or operations of the Borrower, the Parent and the Subsidiaries taken as a whole), 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 other Loan Party, of them except for the Liens created and granted pursuant to the Security Documents, as confirmed hereby.

Appears in 1 contract

Samples: Loan Agreement (G Iii Apparel Group LTD /De/)

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No Violation of Law or Agreements. The execution and delivery by the Borrower and each other Loan Party of each Loan Document this First Amendment (and with respect to which it is a party the Borrower, the Substituted Note) and the performance by it hereunder and thereundereach of them hereunder, will not violate any provision of law and will not, except as set forth on Exhibit C hereto, or conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, decree or other similar document or instrument of any court or governmental authority, bureau or agency, domestic or foreign, or any the certificate of incorporation or by-laws of the Borrower or any other corporate Loan Party or the partnership agreement or any other organizational document or instrument of any Loan Party that is not a corporation, 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 any of them is bound or any of their respective properties or assets is affected (which default or breach would have a material adverse effect on the business, financial conditions or operations of the Borrower, the Parent and the Subsidiaries taken as a whole), 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 other Loan Party, of them except for the Liens created and granted pursuant to the Security Documents, as confirmed hereby.

Appears in 1 contract

Samples: Loan Agreement (G Iii Apparel Group LTD /De/)

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