Common use of Authorization; Contravention Clause in Contracts

Authorization; Contravention. The execution, delivery and performance by the Purchaser of this Agreement and each Related Document to which it is a party are within the Purchaser's powers, have been duly authorized by the Purchaser, require no consent, approval, authorization, order or permit of, or qualification 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 material instrument binding upon the Purchaser, except in the case of an agreement where such violation, contravention or default would not have a material adverse effect on the condition (financial or other), business prospects, properties, net assets or results of operations of the Purchaser.

Appears in 13 contracts

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

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Authorization; Contravention. The execution, delivery and performance by the Purchaser of this Agreement and each Related Document to which it the Purchaser is a party are within the powers of the Purchaser's powers, have been duly authorized by the Purchaser, require no consent, approval, authorization, order or permit of, or qualification 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 material instrument binding upon the Purchaser, except in the case of an agreement where such violation, contravention or default would not have a material adverse effect on the condition (financial or other), business prospects, properties, net assets or results of operations of the PurchaserPurchaser (a “Xxxxx Fargo Material Adverse Effect”).

Appears in 13 contracts

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

Authorization; Contravention. The execution, delivery and performance by each of the Purchaser Purchasers of this Agreement and each Related Document to which it such Purchaser is a party are within the powers of such Purchaser's powers, have been duly authorized by the such Purchaser, require no consent, approval, authorization, order or permit of, or qualification 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 material instrument binding upon the such Purchaser, except in the case of an agreement where such violation, contravention or default would not have a material adverse effect on the condition (financial or other), business prospects, properties, net assets or results of operations of the Purchasersuch Purchaser (a “Xxxxx Fargo Material Adverse Effect”).

Appears in 7 contracts

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

Authorization; Contravention. The execution, delivery and performance by the Purchaser of this Agreement and each other Related Document to which it is a party are within the Purchaser's ’s powers, have been duly authorized by the Purchaserall necessary action, require no consent, approval, authorization, order action by or permit in respect of, or qualification 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 material instrument binding upon the Purchaser, except in the case of an agreement where for such violation, contravention violations or default contraventions which would not have a material adverse effect on the condition (financial Purchaser or other), business prospects, properties, net assets or results of operations of its ability to perform its obligations under the PurchaserRelated Documents to which it is a party.

Appears in 3 contracts

Samples: Term Preferred Shares Purchase Agreement (Royal Bank of Canada), Shares Purchase Agreement (Royal Bank of Canada), Term Preferred Shares Purchase Agreement (Royal Bank of Canada)

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Authorization; Contravention. The execution, delivery and performance by the Purchaser of this Agreement and each Related Document to which it is a party are within the Purchaser's ’s powers, have been duly authorized by the Purchaser, require no consent, approval, authorization, order or permit of, or qualification 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 material instrument binding upon the Purchaser, except in the case of an agreement where such violation, contravention or default would not have a material adverse effect on the condition (financial or other), business prospects, properties, net assets or results of operations of the Purchaser.

Appears in 1 contract

Samples: RVMTP Purchase Agreement (Bank of America Corp /De/)

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