No Violation of Laws or Agreements. The execution, delivery and performance of the Loan Documents (a) will not violate or contravene any material provision of any material law, rule, regulation, administrative order or judicial decree (federal, state or local), and (b) will not violate or contravene any provision of the Organic Documents of any Borrower, and (c) will not result in any material breach or violation of (or constitute a material default under) any material agreement or instrument by which any Borrower or any of its property may be bound, and (d) will not result in or require the creation of any Lien (other than pursuant to the Loan Documents) upon or with respect to any properties of any Borrower, whether such properties are now owned or hereafter acquired.
Appears in 5 contracts
Samples: Credit Facility Agreement (Bizness Online Com), Credit Facility Agreement (NBG Radio Network Inc), Credit Facility Agreement (MCG Finance Corp)
No Violation of Laws or Agreements. The execution, delivery and performance by Borrower of the Loan Documents (a1) will not violate or contravene any material provision of any material law, rule, regulation, administrative order or judicial decree (federal, state or local), and (b2) will not violate or contravene any provision of the Organic Organizational Documents of Borrower or any Borrowerof its Subsidiaries, and (c3) will not result in any material breach or violation of (or constitute a material default under) any material agreement or instrument by which any Borrower or any of its Subsidiaries or any of their respective assets or property may be bound, and (d4) will not result in or require the creation of any Lien (other than pursuant to the Loan Documents) upon or with respect to any assets or properties of Borrower or any Borrowerof its Subsidiaries, whether such assets or properties are now owned or hereafter acquired.
Appears in 3 contracts
Samples: Forbearance Agreement (Advanced BioEnergy, LLC), Secured Term Loan Note (Advanced BioEnergy, LLC), Secured Term Loan Note (Advanced BioEnergy, LLC)
No Violation of Laws or Agreements. The execution, delivery and performance of the Loan Documents (a) will not violate or contravene any material provision of any material law, rule, regulation, administrative order or judicial decree (federal, state state, provincial, or local), and (b) will not violate or contravene any provision of the Organic Documents of any Borrower, and (c) will not result in any material breach or violation of (or constitute a material default under) any material agreement or instrument by which any Borrower or any of its property may be bound, and (d) will not result in or require the creation of any Lien (other than pursuant to the Loan Documents) upon or with respect to any properties of any Borrower, whether such properties are now owned or hereafter acquired.
Appears in 1 contract
Samples: Credit Agreement (Hearx LTD)
No Violation of Laws or Agreements. The execution, delivery and performance of the Loan Documents (a) will not violate or contravene any material provision of any material law, rule, regulation, administrative order or judicial decree (federal, state or local), and (b) will not violate or contravene any provision of the Organic Documents of any Borrower, and (c) will not result in any material breach or violation of (or constitute a material default under) any material agreement or instrument by which any Borrower or any of its property may be bound, and (d) will not result in or require the creation of any Lien (other than pursuant to the Loan Documents) upon or with respect to any properties of any Borrower, whether such properties are now owned or hereafter acquired.
Appears in 1 contract
Samples: Credit Agreement (Integrity Inc)
No Violation of Laws or Agreements. The execution, delivery and performance of the Loan Documents (a) will not violate or contravene in any material provision of respect any material law, rule, regulation, administrative order or judicial decree (federal, state or local), and (b) will not violate or contravene any provision of the Organic Documents of any BorrowerBorrower or Guarantor, and (c) will not result in any material breach or violation of (or constitute a material default under) any material agreement or instrument by which any Borrower or Guarantor or any of its property of any Borrower or Guarantor may be bound, and (d) will not result in or require the creation of any Lien (other than pursuant to the Loan Documents) upon or with respect to any properties of any Borrower, whether such properties are now owned or hereafter acquired.
Appears in 1 contract
Samples: Credit Facility Agreement (Talk Com)
No Violation of Laws or Agreements. The Except as disclosed on Schedule 3.4, the execution, delivery and performance of the Loan Documents (a) will not violate or contravene any material provision of any material law, rule, regulation, administrative order or judicial decree (federal, state or local), and (b) will not violate or contravene any provision of the Organic Documents of any Borrower, and (c) will not result in any material breach or violation of (or constitute a material default under) any material agreement or instrument by which any Borrower or any of its property may be bound, and (d) will not result in or require the creation of any Lien (other than pursuant to the Loan Documents) upon or with respect to any properties of any Borrower, whether such properties are now owned or hereafter acquired.
Appears in 1 contract
Samples: Credit Facility Agreement (Startec Global Communications Corp)
No Violation of Laws or Agreements. The execution, delivery and performance of the Loan Documents (a) will not violate or contravene any material provision of any material law, rule, regulation, administrative order or judicial decree (federal, state or local), and (b) will not violate or contravene any provision of the Organic Documents of any the Parent or the Borrower, and (c) will not result in any material breach or violation of (or constitute a material default under) any material agreement or instrument by which any Borrower the Parent, the Operating Sub or EXCX or any of its property may be bound, and (d) will not result in or require the creation of any Lien (other than pursuant to the Loan Documents) upon or with respect to any properties of any the Parent or the Borrower, whether such properties are now owned or hereafter acquired.
Appears in 1 contract
Samples: Credit Facility Agreement (Empire Sports & Entertainment Holdings Co.)