Common use of No Default or Violations Clause in Contracts

No Default or Violations. The Borrower shall not enter into any contract, agreement, document or other instrument, if the performance of the Borrower's Obligations would result in any breach of, or constitute a default under, any such contract, agreement, document or other instrument, or if the contract, agreement, document or other instrument would impose or contemplate any obligations the performance of which would result in a Default under the Loan Documents or would be inconsistent with the performance of the Borrower's Obligations.

Appears in 6 contracts

Samples: Credit Agreement, GTJ Reit, Inc., Consolidated Capital Growth Fund

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No Default or Violations. The Borrower shall not enter into any contract, agreement, document or other instrument, if the performance of the Borrower's ’s Obligations would result in any breach of, or constitute a default under, any such contract, agreement, document or other instrument, or if the contract, agreement, document or other instrument would impose or contemplate any obligations the performance of which would result in a Default under the Loan Documents or would be inconsistent with the performance of the Borrower's ObligationsDocuments.

Appears in 2 contracts

Samples: Mortgage, Security Agreement (Sanfilippo John B & Son Inc), Sanfilippo John B & Son Inc

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No Default or Violations. The Borrower shall not enter into any contract, agreement, document or other instrument, if the performance of the Borrower's ’s Obligations would result in any breach of, or constitute a default under, any such contract, agreement, document or other instrument, or if the contract, agreement, document or other instrument would impose or contemplate any obligations the performance of which would result in a Default under the Loan Documents or would be inconsistent with the performance of the Borrower's ’s Obligations.

Appears in 2 contracts

Samples: Security Agreement (NNN Apartment REIT, Inc.), AmREIT, Inc.

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