Common use of No Defaults or Violations Clause in Contracts

No Defaults or Violations. There does not exist any Event of Default or any default or violation by the Borrowers of or under any of the terms, conditions or obligations of: (a) any applicable articles or certificate of incorporation or organization, regulations, bylaws or operating agreement; (b) any material indenture, mortgage, deed of trust, franchise, permit, contract, agreement, or other instrument to which a Borrower is a party or by which it is bound; or (c) any law, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon a Borrower by any law, the action by any court or any governmental authority or agency; and the consummation of this Agreement and the transactions set forth herein will not result in any such default or violation.

No Defaults or Violations. There does not exist any Event of Default under this Note and Agreement or any default or violation by the Borrowers such Maker of or under any of the terms, conditions or obligations of: (ai) any applicable its articles or certificate of incorporation incorporation, regulations or organization, regulations, bylaws or operating agreementits other organizational documents as applicable; (bii) any material indenture, mortgage, deed of trust, franchise, permit, contract, agreement, note or other instrument to which a Borrower it is a party or by which it is bound; or (ciii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon a Borrower it by any law, the action by of any court or any governmental authority or agency; and the consummation of this Note and Agreement and the transactions set forth herein will not result in any such default or violation.

No Defaults or Violations. There does not exist any Event of Default under this Agreement or any default or violation by the Borrowers any Loan Party of or under any of the terms, conditions or obligations of: (ai) any applicable its articles or certificate of incorporation incorporation, regulations or organization, regulations, bylaws or operating agreementbylaws; (bii) any material indenture, mortgage, deed of trust, franchise, permit, contract, agreement, or other instrument to which a Borrower it is a party or by which it is bound; or (ciii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon a Borrower it by any law, the action by of any court or any governmental authority or agency, except, in the case of clauses (ii) or (iii), for defaults or violations that are immaterial; and the consummation of this Agreement and the transactions set forth herein will not result in any such default or violationviolation or Event of Default.

No Defaults or Violations. There does not exist any Event of Default under this Agreement or any default default, breach or violation by the Borrowers Borrower of or under any of the terms, conditions or obligations of: (ai) its certificate of organization, regulations or operating agreement of the Borrower; (ii) any applicable articles or certificate of incorporation or organization, regulations, bylaws or operating agreement; (b) any material indenture, mortgage, deed of trust, franchise, permit, contract, agreement, or other instrument to which a Borrower it is a party or by which it is bound; or (ciii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon a Borrower it by any law, the action by of any court or any governmental authority or agencyagency (except solely to the extent that the nature of Borrower’s business violates the Controlled Substances Act); and the consummation of this Agreement and the transactions set forth herein will not result in any such default or violationviolation or Event of Default.

No Defaults or Violations. There does not exist any Event of Default under this Agreement or any material default or violation by the Borrowers Borrower of or under any of the terms, conditions or obligations of: (ai) any applicable its articles or certificate of incorporation incorporation, regulations or organization, regulations, bylaws or operating agreementbylaws; (bii) any material indenture, mortgage, deed of trust, franchisefranchise agreement, permit, contract, agreement, or other agreement or instrument to which a Borrower it is a party or by which it is bound; or (ciii) any law, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon a Borrower it by any law, the action by any court or any governmental authority or agency; and the consummation of this Agreement and the transactions set forth herein will not result in any such default or violation.

No Defaults or Violations. There does not exist any Event of Default under this Agreement or any default default, breach or violation by the Borrowers Borrower of or under any of the terms, conditions or obligations of: (ai) any applicable its articles or certificate of incorporation incorporation, regulations or organization, regulations, bylaws or operating agreementof the Borrower; (bii) any material indenture, mortgage, deed of trust, franchise, permit, contract, agreement, or other instrument to which a Borrower it is a party or by which it is bound; or (ciii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon a Borrower it by any law, the action by of any court or any governmental authority or agencyagency (except solely to the extent that the nature of Borrower’s business violates the Controlled Substances Act); and the consummation of this Agreement and the transactions set forth herein will not result in any such default or violationviolation or Event of Default.

No Defaults or Violations. There does not exist any Event of Default under this Agreement or any default or violation by the Borrowers Borrower of or under any of the terms, conditions or obligations of: (ai) any applicable its articles or certificate of incorporation incorporation, regulations or organization, regulations, bylaws or operating agreementits other organizational documents as applicable; (bii) any material indenture, mortgage, deed of trust, franchise, permit, contract, agreement, or other instrument to which a Borrower it is a party or by which it is bound; or (ciii) any law, ordinance, regulation, ruling, order, injunction, decree, condition or other requirement applicable to or imposed upon a Borrower it by any law, the action by of any court or any governmental authority or agency; and the consummation of this Agreement and the transactions set forth herein will not result in any such default or violationviolation or Event of Default.