Authorization; Consent. The execution, delivery and performance by each Pledgor of this Security Agreement require no action by or in respect of, or filing with, any Governmental Authority and do not contravene, or constitute (with or without the giving of notice or lapse of time or both) a default under, any provision of applicable law or of any agreement, judgment, injunction, order, decree or other instrument binding upon or affecting each Pledgor.
Appears in 3 contracts
Sources: Security Agreement (Swisher Hygiene Inc.), Security Agreement (Fountain Powerboat Industries Inc), Security Agreement (Fountain Powerboat Industries Inc)
Authorization; Consent. The execution, delivery and performance by each Pledgor of this Security Agreement require no action by or in respect of, or filing with, any Governmental Authority governmental authority and do not contravene, or constitute (with or without the giving of notice or lapse of time or both) a default under, any provision of applicable law or of any agreement, judgment, injunction, order, decree or other instrument binding upon or affecting each Pledgor.
Appears in 1 contract
Sources: Partially Subordinate Security Agreement (Craftmade International Inc)