Common use of Authorization and No Conflict Clause in Contracts

Authorization and No Conflict. The execution and delivery by the Trustor of this Deed of Trust, and the performance of all transactions contemplated hereby and the fulfillment of and compliance with the terms of this Deed of Trust, have been duly authorized by all necessary action, corporate, partnership or otherwise, and do not and will not (i) conflict with or result in a breach of the terms, conditions or provisions of, (ii) constitute a default under, (iii) give any third party any right to accelerate any obligation under, (iv) result in a violation of, or (v) require any authorization, consent, approval, exemption or other action by or notice to any court or administrative or governmental body pursuant to (A) the operating agreement or other constating documents of the Trustor, (B) any law, statute or rule, or (C) any agreement, instrument, order, judgment or decree to which the Trustor is subject or by which any of its properties are bound.

Authorization and No Conflict. The execution and delivery by the Trustor Grantor of this Deed of TrustMortgage, and the performance of all transactions contemplated hereby and the fulfillment of and compliance with the terms of this Deed of TrustMortgage, have been duly authorized by all necessary action, corporate, partnership or otherwise, and do not and will not (i) conflict with or result in a breach of the terms, conditions or provisions of, (ii) constitute a default under, (iii) give any third party any right to accelerate any obligation under, (iv) result in a violation of, or (v) require any authorization, consent, approval, exemption or other action by or notice to any court or administrative or governmental body pursuant to (A) the operating agreement or other constating documents of the TrustorGrantor, (B) any law, statute or rule, or (C) any agreement, instrument, order, judgment or decree to which the Trustor Grantor is subject or by which any of its properties are bound.

Authorization and No Conflict. The execution and delivery by the Trustor Mortgagor of this Deed of TrustMortgage, and the performance of all transactions contemplated hereby and the fulfillment of and compliance with the terms of this Deed of TrustMortgage, have been duly authorized by all necessary action, corporate, partnership or otherwise, and do not and will not (i) conflict with or result in a breach of the terms, conditions or provisions of, (ii) constitute a default under, (iii) give any third party any right to accelerate any obligation under, (iv) result in a violation of, or (v) require any authorization, consent, approval, exemption or other action by or notice to any court or administrative or governmental body pursuant to (A) the operating agreement or other constating documents of the TrustorMortgagor, (B) any law, statute or rule, or (C) any agreement, instrument, order, judgment or decree to which the Trustor Mortgagor is subject or by which any of its properties are bound.