Noncontravention; Compliance with Law. (a) The execution, delivery and performance of this Agreement, the Note and each of the other Related Documents in accordance with their respective terms do not and will not (i) contravene the Borrower’s authorizing legislation, (ii) require any consent or approval of any creditor of the Borrower, (iii) violate any Laws, (iv) conflict with, result in a breach of or constitute a default under any contract to which the Borrower is a party or by which it or any of its Property may be bound or (v) result in or require the creation or imposition of any Lien upon or with respect to any Property now owned or hereafter acquired by the Borrower or any Affiliate thereof except such Liens, if any, expressly created by any Related Document. (b) The Borrower is in compliance with all Laws, except for such noncompliance that, singularly or in the aggregate, has not caused or is not reasonably expected to cause a Material Adverse Effect.
Appears in 3 contracts
Samples: Intra Agency Agreement, Loan Agreement, Intra Agency Agreement
Noncontravention; Compliance with Law. (a) The execution, delivery and performance of this Agreement, the Note and each of the other Related Documents in accordance with their respective terms do not and will not (i) contravene the Borrower’s authorizing legislation, (ii) require any consent or approval of any creditor of the Borrower, (iii) violate any Laws, (iv) conflict with, result in a breach of or constitute a default under any contract to which the Borrower is a party or by which it or any of its Property may be bound or (v) result in or require the creation or imposition of any Lien upon or with respect to any Property now owned or hereafter acquired by the Borrower or any Affiliate thereof except such Liens, if any, expressly created by any Related DocumentDocument or as expressly permitted by Section 6.14 hereof.
(b) The Borrower is in compliance with all Laws, except for such noncompliance that, singularly singly or in the aggregate, has not caused or is not reasonably expected to cause a Material Adverse Effect.
Appears in 2 contracts
Samples: Intra Agency Agreement, Loan Agreement
Noncontravention; Compliance with Law. (a) The execution, delivery and performance of this Agreement, the Note and each of the other Related Documents in accordance with their respective terms do not and will not (i) contravene the Borrower’s authorizing legislation, (ii) require any consent or approval of any creditor of the Borrower, (iii) violate any Laws, (iv) conflict with, result in a breach of or constitute a default under any contract to which the Borrower is a party or by which it or any of its Property may be bound or (v) result in or require the creation or imposition of any Lien upon or with respect to any Property now owned or hereafter acquired by the Borrower or any Affiliate thereof except such Liens, if any, expressly created by any Related Document.
(b) The Borrower is in compliance with all Laws, except for such noncompliance that, singularly singly or in the aggregate, has not caused or is not reasonably expected to cause a Material Adverse Effect.
Appears in 1 contract
Samples: Loan Agreement