Common use of Authority and Consents Clause in Contracts

Authority and Consents. (a) The execution, delivery and performance by each Borrower Party of each Financing Document to which it is or will be a party, and the transactions contemplated by the Financing Documents: (i) have been duly authorized by all necessary limited liability company action (including any necessary member action); (ii) will not breach, contravene, violate, conflict with or constitute a default under (A) any of its Charter Documents, (B) any applicable Law or (C) any contract, loan, agreement, indenture, mortgage, lease or other instrument to which it is a party or by which it or any of its Properties may be bound or affected, including all Permits and the Transaction Documents; and (iii) except for the Liens created by the Security Documents, will not result in or require the creation or imposition of any Lien upon or with respect to any of the Properties of the Borrower.

Authority and Consents. (a) The execution, delivery and performance by each Borrower Party of the Borrowers of each Financing Transaction Document to which it is or will be a party, and the transactions contemplated by the Financing Transaction Documents: (i) have been duly authorized by all necessary limited liability company corporate action (including any necessary member shareholder action); (ii) will not breach, contravene, violate, conflict with or constitute a default under (A) any of its Charter Organizational Documents, (B) any applicable Law Law, or (C) any contract, loan, agreement, indenture, mortgage, lease or other instrument to which it is a party or by which it or any of its Properties may be bound or affected, including all Permits applicable Governmental Approvals and the Transaction Documents; and (iii) except for the Liens created by the Security Documents, will not result in or require the creation or imposition of any Lien upon or with respect to any of the Properties of the Borrowerits Properties.

Authority and Consents. (a) The execution, delivery and performance by each the Borrower Party of each Financing Document to which it is or will be a party, and the transactions contemplated by the Financing Documents: (i) have been duly authorized by all necessary limited liability company corporate action (including any necessary member shareholder action); (ii) will not breach, contravene, violate, conflict with or constitute a default under (A) any of its Charter Organizational Documents, (B) any applicable Law Law, or (C) any contract, loan, agreement, indenture, mortgage, lease or other instrument to which it is a party or by which it or any of its Properties may be bound or affected, including all Permits applicable Governmental Approvals and the Transaction Documents; and (iii) except for the Liens created by the Security Documents, will not result in or require the creation or imposition of any Lien upon or with respect to any of the Properties of the Borrower.