Common use of Authority; No Conflict Clause in Contracts

Authority; No Conflict. The execution, delivery and performance by the Borrower of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreement, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower is a party.

Appears in 11 contracts

Samples: Credit and Reimbursement Agreement (PPL Energy Supply LLC), Year Credit Agreement (PPL Electric Utilities Corp), Year Credit Agreement (PPL Electric Utilities Corp)

AutoNDA by SimpleDocs

Authority; No Conflict. The execution, delivery and performance by the Borrower of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company corporate action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreementarticles of incorporation or bylaws, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower is a party.

Appears in 7 contracts

Samples: Term Loan Credit Agreement (PPL Electric Utilities Corp), Credit Agreement (PPL Electric Utilities Corp), Revolving Credit Agreement (LG&E & KU Energy LLC)

Authority; No Conflict. The execution, delivery and performance by the Borrower of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company corporate action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreementarticles of incorporation or by-laws, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower is a party.

Appears in 3 contracts

Samples: Credit Agreement (PPL Energy Supply LLC), Credit Agreement (PPL Electric Utilities Corp), Credit Agreement (PPL Electric Utilities Corp)

Authority; No Conflict. The execution, delivery and performance by the Borrower of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company corporate action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreementarticles of incorporation or bylaws, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower is a party.. Section 5.03

Appears in 3 contracts

Samples: Loan Credit Agreement (PPL Electric Utilities Corp), Term Loan Credit Agreement (Louisville Gas & Electric Co /Ky/), Term Loan Credit Agreement (Louisville Gas & Electric Co /Ky/)

Authority; No Conflict. The execution, delivery and performance by the Borrower of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreement, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower is a party.

Appears in 2 contracts

Samples: 000 Credit Agreement (PPL Electric Utilities Corp), 000 Credit Agreement (PPL Electric Utilities Corp)

Authority; No Conflict. The execution, delivery and performance by the Borrower each Loan Party of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company corporate action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreementarticles of incorporation or bylaws, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower such Loan Party is a party.. Section 5.03

Appears in 2 contracts

Samples: Loan Credit Agreement (LG&E & KU Energy LLC), Loan Credit Agreement (LG&E & KU Energy LLC)

Authority; No Conflict. The execution, delivery and ---------------------- performance by the Borrower of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreement, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower is a party.

Appears in 2 contracts

Samples: Day Credit Agreement (PPL Corp), Credit Agreement (PPL Corp)

Authority; No Conflict. The execution, delivery and performance by the Borrower Account Party of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreement, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower Account Party is a party.

Appears in 1 contract

Samples: Reimbursement Agreement (PPL Energy Supply LLC)

AutoNDA by SimpleDocs

Authority; No Conflict. The execution, delivery and performance by the Borrower each Loan Party of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company corporate action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreementarticles of incorporation or bylaws, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower such Loan Party is a party.

Appears in 1 contract

Samples: Revolving Credit Agreement (PPL Energy Supply LLC)

Authority; No Conflict. The execution, delivery and performance by the Borrower such Loan Party of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company corporate action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreementarticles of incorporation or bylaws, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower is a party.of

Appears in 1 contract

Samples: Revolving Credit Agreement (Louisville Gas & Electric Co /Ky/)

Authority; No Conflict. The execution, delivery and performance by the Borrower each Loan Party of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company corporate action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreementarticles of incorporation or bylaws, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower is a party.such Loan Party 24

Appears in 1 contract

Samples: Credit Agreement (LG&E & KU Energy LLC)

Authority; No Conflict. The execution, delivery and performance by the Borrower of this Agreement and each other Loan Document to which it is a party have been duly authorized by all necessary limited liability company corporate action and do not violate (i) any provision of law or regulation, or any decree, order, writ or judgment, (ii) any provision of its limited liability company agreementarticles of incorporation or bylaws, or (iii) result in the breach of or constitute a default under any indenture or other agreement or instrument to which the Borrower is a party.of

Appears in 1 contract

Samples: Revolving Credit Agreement (Louisville Gas & Electric Co /Ky/)

Time is Money Join Law Insider Premium to draft better contracts faster.