Common use of Authorization, Compliance with Law Clause in Contracts

Authorization, Compliance with Law. The execution, delivery and performance by such Seller of this Agreement and the other Related Documents to which such Seller is a party and the creation and perfection of all Liens and ownership interests provided for herein: (i) have been duly authorized by all necessary corporate action, and (ii) do not violate any provision of any law or regulation of any Governmental Authority, or contractual or corporate restrictions, binding on such Seller, except where such violations, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 14 contracts

Samples: Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust)

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Authorization, Compliance with Law. The execution, delivery and performance by such the Seller of this Agreement and the other Related Documents to which such Seller is a party and the creation and perfection of all Liens and ownership interests provided for herein: (i) have been duly authorized by all necessary corporate action, and (ii) do not violate any provision of any law or regulation of any Governmental Authority, or contractual or corporate restrictions, binding on such the Seller, except where such violations, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 9 contracts

Samples: Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-2), Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-2), Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-1)

Authorization, Compliance with Law. The execution, delivery and performance by such Seller of this Agreement and the other Related Documents to which such Seller is a party and the creation and perfection of all Liens and ownership interests provided for herein: (i) have been duly authorized by all necessary corporate action, and (ii) do not violate any provision of any law or regulation of any Governmental Authority, or contractual or corporate restrictions, binding on such Seller, except where such violations, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 9 contracts

Samples: Receivables Sale Agreement (GE Equipment Midticket LLC, Series 2012-1), Receivables Sale Agreement (GE Equipment Midticket LLC, Series 2012-1), Loan Sale Agreement (Cef Equipment Holding LLC)

Authorization, Compliance with Law. The execution, delivery and performance by such the Seller of this Agreement and the other Related Documents to which such Seller it is a party and the creation and perfection of all Liens and ownership interests provided for herein: (i) have been duly authorized by all necessary corporate action, and (ii) do not violate any provision of any law or regulation of any Governmental Authority, or contractual or corporate other restrictions, binding on such the Seller, except where such violations, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Receivables Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2014-1), Receivables Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2014-1), Receivables Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2013-2)

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Authorization, Compliance with Law. The execution, delivery and performance by such Seller of this Agreement and the other Related Documents to which such Seller is a party and the creation and perfection of all Liens and ownership interests provided for herein: (i) have been duly authorized by all necessary corporate action, and (ii) do not violate any provision of any law or regulation of any Governmental Authority, or contractual or corporate restrictions, binding on such Seller, except where such violations, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.. Receivables Sale Agreement

Appears in 1 contract

Samples: Receivables Sale Agreement (Cef Equipment Holding LLC)

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