Common use of Authority, No Conflict, No Consent Required Clause in Contracts

Authority, No Conflict, No Consent Required. The Seller represents and warrants that it has the power, legal right, and authority to enter into this Amendment and has duly authorized by proper corporate action the execution and delivery of this Amendment and none of the agreements herein contravenes or constitutes a default under any agreement, instrument, or indenture to which the Seller is a party or a signatory, any provision of the Seller’s articles of incorporation or bylaws, or any other agreement or requirement of law or results in the imposition of any Lien on any of its property under any agreement binding on or applicable to the Seller or any of its property except, if any, in favor of the Buyers. The Seller represents and warrants that no consent, approval, or authorization of or registration or declaration with any Person, including but not limited to any governmental authority, is required in connection with the execution and delivery by the Seller of this Amendment or the performance of obligations of the Seller herein described, except for those that the Seller has obtained or provided and as to which the Seller has delivered certified copies of documents evidencing each such action to the Buyers.

Appears in 15 contracts

Samples: Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (NVR Inc)

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Authority, No Conflict, No Consent Required. The Seller represents and warrants that it the Seller has the power, legal right, limited liability company power and authority to enter into this Amendment and has duly authorized by proper corporate action as appropriate the execution and delivery of this Amendment by proper limited liability company action and none of the agreements contained herein contravenes contravene or constitutes constitute a default under any material agreement, instrument, instrument or indenture to which the Seller is a party or a signatory, signatory or any provision of the Seller’s articles Articles of incorporation Organization, Operating Agreement or bylawsany requirement of law, or any other agreement or requirement of law or results result in the imposition of any Lien on any of its property under any agreement binding on or applicable to the Seller or any of its property except, if any, in favor of the Buyers. The Seller represents and warrants that no consent, approval, approval or authorization of or registration or declaration with any Person, including but not limited to any governmental authority, is required in connection with the execution and delivery by the Seller of this Amendment or the performance of obligations of the Seller herein described, except for those that which the Seller has obtained or provided and as to which the Seller has delivered certified copies of documents evidencing each such action to the Buyers.

Appears in 11 contracts

Samples: Master Repurchase Agreement (Pultegroup Inc/Mi/), Master Repurchase Agreement (Pultegroup Inc/Mi/), Master Repurchase Agreement (Pultegroup Inc/Mi/)

Authority, No Conflict, No Consent Required. The Seller represents and warrants that it the Seller has the power, power and legal right, right and authority to enter into this Amendment and has duly authorized by proper corporate action as appropriate the execution and delivery of this Amendment by proper corporate action and none of the agreements contained herein contravenes contravene or constitutes constitute a default under any agreement, instrument, instrument or indenture to which the Seller is a party or a signatory, signatory or any provision of the Seller’s articles Articles of incorporation or bylawsIncorporation, Bylaws or any other agreement or requirement of law law, or results result in the imposition of any Lien on any of its property under any agreement binding on or applicable to the Seller or any of its property except, if any, in favor of the Buyers. The Seller represents and warrants that no consent, approval, approval or authorization of or registration or declaration with any Person, including but not limited to any governmental authority, is required in connection with the execution and delivery by the Seller of this Amendment or the performance of obligations of the Seller herein described, except for those that which the Seller has obtained or provided and as to which the Seller has delivered certified copies of documents evidencing each such action to the Buyers.

Appears in 1 contract

Samples: Master Repurchase Agreement (NVR Inc)

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Authority, No Conflict, No Consent Required. The Seller represents and warrants that it the Seller has the power, legal right, limited liability company power and authority to enter into this Amendment and has duly authorized by proper corporate action as appropriate the execution and delivery of this Amendment by proper limited liability company action and none of the agreements contained herein contravenes contravene or constitutes constitute a default under any agreement, instrument, instrument or indenture to which the Seller is a party or a signatory, signatory or any provision of the Seller’s articles Articles of incorporation or bylawsOrganization, Operating Agreement or any other agreement or requirement of law law, or results result in the imposition of any Lien on any of its property under any agreement binding on or applicable to the Seller or any of its property except, if any, in favor of the Buyers. The Seller represents and warrants that no consent, approval, approval or authorization of or registration or declaration with any Person, including but not limited to any governmental authority, is required in connection with the execution and delivery by the Seller of this Amendment or the performance of obligations of the Seller herein described, except for those that which the Seller has obtained or provided and as to which the Seller has delivered certified copies of documents evidencing each such action to the Buyers.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pulte Homes Inc/Mi/)

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