Common use of Authorization; Contravention Clause in Contracts

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 45 contracts

Samples: VMTP Purchase Agreement (Bank of America Corp /De/), VMTP Purchase Agreement (Wells Fargo & Company/Mn), VMTP Purchase and Exchange Agreement (Bank of America Corp /De/)

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Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each other Related Document are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, order or decree or other material instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 25 contracts

Samples: Series C Munifund Preferred Shares (Wells Fargo & Company/Mn), Agreement (Wells Fargo & Company/Mn), Mfp) Purchase Agreement (Wells Fargo & Company/Mn)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document are within the Fund’s 's powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 12 contracts

Samples: Exchange Agreement (Bank of America Corp /De/), Exchange Agreement (Bank of America Corp /De/), Exchange Agreement (Bank of America Corp /De/)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each other Related Document are within the Fund’s 's powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, order or decree or other material instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 3 contracts

Samples: Exchange Agreement (Bank of America Corp /De/), Series a Munifund Preferred Shares (Bank of America Corp /De/), Period Purchase Agreement (Bank of America Corp /De/)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document the Offer to Purchase are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance Lien on any asset of the Fund.

Appears in 1 contract

Samples: Share Tender Agreement (Gabelli Equity Trust Inc)

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Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charterCharter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in cause the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 1 contract

Samples: VMTP Purchase Agreement (Wells Fargo & Company/Mn)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document the Offer to Exchange are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance Lien on any asset of the Fund.

Appears in 1 contract

Samples: Share Exchange Agreement (Gabelli Utility Trust)

Authorization; Contravention. The execution, delivery and performance by the Fund of this Agreement and each Related Document are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do will not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

Appears in 1 contract

Samples: VMTP Exchange Agreement (Wells Fargo & Company/Mn)

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