Common use of No Default or Violations Clause in Contracts

No Default or Violations. The execution and performance of the Borrower’s Obligations will not result in any breach of, or constitute a default under, any contract, agreement, document or other instrument to which the Borrower is a party or by which the Borrower may be bound or affected, and do not and will not violate or contravene any law to which the Borrower is subject; nor do any such other instruments impose or contemplate any obligations which are or will be inconsistent with the Loan Documents.

Appears in 4 contracts

Samples: Security Agreement (NNN Apartment REIT, Inc.), Mortgage, Security Agreement (Sanfilippo John B & Son Inc), AmREIT, Inc.

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