Common use of Action; No Breach Clause in Contracts

Action; No Breach. The execution, delivery, and performance by each of Borrower and each other Obligated Party of this Agreement, the other Loan Documents to which such Person is a party and the Intercreditor Agreement to the extent party thereto and compliance with the terms and provisions hereof and thereof have been duly authorized by all requisite action on the part of such Person and do not and will not (a) violate or conflict with, or result in a breach of, or require any required but un-obtained consent under (i) the Constituent Documents of such Person, (ii) any applicable Law, rule, or regulation or any order, writ, injunction, or decree of any Governmental Authority or arbitrator in any material respect, or (iii) any agreement or instrument to which such Person is a party or by which it or any of its Properties is bound or subject which could reasonably be expected to result in a Material Adverse Event, or (b) constitute a default under any such agreement or instrument which could reasonably be expected to result in a Material Adverse Event, or result in the creation or imposition of any Lien upon any of the revenues or assets of such Person.

Action; No Breach. The execution, delivery, and performance by each of Borrower and each other Obligated Loan Party of this Agreement, Agreement and the other Loan Documents to which such Person is or may become a party and the Intercreditor Agreement to the extent party thereto and compliance with the terms and provisions hereof and thereof have been duly authorized by all requisite action on the part of such AMENDED AND RESTATED CREDIT AGREEMENT – Page 63 Person and do not and will not (a) violate or conflict with, or result in a breach of, or require any required but un-obtained consent under (i) the Constituent Documents of such PersonPerson (if such Person is not a natural person), (ii) any applicable Law, rule, or regulation or any order, writ, injunction, or decree of any Governmental Authority or arbitrator in any material respectarbitrator, or (iii) any agreement or instrument to which such Person is a party or by which it or any of its Properties is bound or subject which could reasonably be expected to result in have a Material Adverse EventEffect, or (b) constitute a default under any such agreement or instrument which could reasonably be expected to result in have a Material Adverse EventEffect, or result in the creation or imposition of any Lien upon any of the revenues or assets of such Person.

Action; No Breach. The execution, delivery, and performance by each of Borrower and each other Obligated Beneficient Party of this Agreement, the other each Loan Documents Document to which such Person it is or may become a party and the Intercreditor Agreement to the extent party thereto and compliance with the terms and provisions hereof and thereof have been duly authorized by all requisite action on the part of such Person and do not and will not (a) violate or conflict with, or result in a breach of, or require any required but un-obtained consent (other than consents that have been obtained) under (i) any security issued by such Xxxxxxxxxxx Party or any agreement, instrument or other undertaking to which such Beneficient Party is a party or by which it or any of its Property is bound, except to the extent that such conflict, breach, contravention or payment or lack of consent could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, (ii) the Constituent Documents of such Person (if such Person is not a natural Person), or (iiiii) any applicable Law, rule, or regulation or any order, writ, injunction, or decree of any Governmental Authority or arbitrator in any material respect, or (iii) any agreement or instrument to which such Person is a party or by which it or any of its Properties is bound or subject which could reasonably be expected to result in a Material Adverse Eventarbitrator, or (b) constitute a default under any except as otherwise provided in such agreement or instrument which could reasonably be expected to result in a Material Adverse EventLoan Document, or result in the creation or imposition of any Lien upon any of the revenues or assets of such Person.

Action; No Breach. The execution, delivery, and performance by each of the Borrower and each other Obligated Party of this Agreement, Agreement and the other Loan Documents to which such Person is the Borrower or Subsidiary are or may become a party and the Intercreditor Agreement to the extent party thereto and compliance with the terms and provisions hereof and thereof have been duly authorized by all requisite corporate action on the part of such Person the Borrower or Subsidiary and do not and will not (a) violate or conflict with, or result in a breach of, or require any required but un-obtained consent under (i) the Constituent Documents articles of such Personincorporation or bylaws of the Borrower or any of the Subsidiaries, (ii) any applicable Lawlaw, rule, or regulation or any order, writ, injunction, or decree of any Governmental Authority or arbitrator in any material respectarbitrator, or (iii) any agreement or instrument to which such Person the Borrower or any of the Subsidiaries is a party or by which it any of them or any of its Properties their property is bound or subject which could reasonably be expected to result in a Material Adverse Eventsubject, or (b) constitute a default under any such agreement or instrument which could reasonably be expected to result in a Material Adverse Eventinstrument, or result in the creation or imposition of any Lien (except as provided in Article IV) upon any of the revenues or assets of such Personthe Borrower or any Subsidiary.