Common use of Authorization and Contravention Clause in Contracts

Authorization and Contravention. The execution and delivery by each Restricted Company of each Loan Document to which it is a party and the performance by it of its obligations under those Loan Documents (a) are within its corporate power, (b) have been duly authorized by all necessary corporate action, (c) require no action by or filing with any Tribunal (except any action or filing that has been taken or made on or before the Closing Date), (d) do not violate any provision of its charter or bylaws and (e) do not violate any provision of Law applicable to it or any material agreement to which it is a party except violations that individually or collectively are not a Material Adverse Event.

Appears in 4 contracts

Samples: Credit Agreement (Goodrich Petroleum Corp), Term Loan Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp)

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Authorization and Contravention. The execution and delivery by each Restricted Company Obligor of each Loan Document to which it is a party and the performance by it of its obligations under those Loan Documents (a) are within its corporate organizational power, (b) have been duly authorized by all necessary corporate organizational action, (c) require no action by or filing with any Tribunal (except any action or filing that has been taken or made on or before the Closing Date), (d) do not violate any provision of its charter or bylaws Constituent Documents, and (e) do not violate any provision of Law applicable to it or any material agreement to which it is a party except violations that individually or collectively are not a Material Adverse Event.

Appears in 3 contracts

Samples: Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc)

Authorization and Contravention. The execution and delivery by each Restricted Company of each Loan Document to which it is a party and the performance by it of its obligations under those Loan Documents (a) are within its corporate power, (b) have been duly authorized by all necessary corporate action, (c) require no action by or filing with any Tribunal (except any action or filing that has been taken or made on or before the Closing Date), (d) do not violate any provision of its charter or bylaws bylaws, and (e) do not violate any provision of Law applicable to it or any material agreement to which it is a party except violations that individually or collectively are not a Material Adverse Event.

Appears in 2 contracts

Samples: Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc)

Authorization and Contravention. The execution and delivery by each Restricted Company of each Loan Document to which it is a party and the performance by it of its obligations under those Loan Documents (a) are within its corporate power, (b) have been duly authorized by all necessary corporate action, (c) require no action by or filing with any Tribunal (except EXCEPT any action or filing that has been taken or made on or before the Closing Date), (d) do not violate any provision of its charter or bylaws bylaws, and (e) do not violate any provision of Law applicable to it or any material agreement to which it is a party except EXCEPT violations that individually or collectively are not a Material Adverse Event.

Appears in 1 contract

Samples: Credit Agreement (Magnetek Inc)

Authorization and Contravention. The execution and delivery by each Restricted Company of each Loan Document to which it is a party and the performance by it of its obligations under those Loan Documents (a) are within its corporate power, (b) have been duly authorized by all necessary corporate action, (c) require no action by or filing with any Tribunal (except any action or filing that has been taken or made on or before the Closing Date), (d) do not violate any provision of its charter or bylaws bylaws, and (e) do not violate any provision of Law applicable to it or any material agreement to which it is a party except violations that individually or collectively are not a Material Adverse Event.

Appears in 1 contract

Samples: Credit Agreement (Goodrich Petroleum Corp)

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Authorization and Contravention. The execution and delivery by each Restricted Company of each Loan Document to which it is a party and the performance by it of its obligations under those Loan Documents (a) are within its corporate power, (b) have been duly authorized by all necessary corporate action, (c) require no action by or filing with any Tribunal Governmental Authority (except any action or filing that has been taken or made on or before the applicable Closing Date), (d) do not violate any provision of its charter or bylaws bylaws, and (e) do not violate any provision of Law law applicable to it or any material agreement to which it is a party except violations that individually or collectively are not a Material Adverse Event.

Appears in 1 contract

Samples: Credit Loan Agreement (American Physicians Service Group Inc)

Authorization and Contravention. The execution and delivery by each Restricted Company of each Loan Document to which it is a party and the performance by it of its obligations under those Loan Documents (a) are within its corporate partnership power, (b) have been duly authorized by all necessary corporate partnership action, (c) require no action by or filing with any Tribunal (except any action or filing that has been taken or made on or before the Closing Effective Date), (d) do did not violate any provision of its partnership agreement, charter or bylaws and (e) do not violate any provision of Law applicable to it or any material agreement Material Agreement to which it is a party except violations that individually or collectively are not a Material Adverse Eventparty.

Appears in 1 contract

Samples: Credit Agreement (Northern Border Partners Lp)

Authorization and Contravention. The execution and delivery by each Restricted ------------------------------- Company of each Loan Document to which it is a party and the performance by it of its obligations under those Loan Documents (a) are within its corporate power, (b) have been duly authorized by all necessary corporate action, (c) require no action by or filing with any Tribunal Governmental Authority (except any action or filing that has been taken or made on or before the applicable Closing Date), (d) do not violate any provision of its Credit Agreement ---------------- charter or bylaws bylaws, and (e) do not violate any provision of Law law applicable to it or any material agreement to which it is a party except violations that individually or collectively are not a Material Material-Adverse Event.

Appears in 1 contract

Samples: Credit Agreement (Trikon Technologies Inc)

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