No Legal Bar or Resultant Lien. None of the (i) execution and delivery of, (ii) fulfillment of the terms and conditions of, or (iii) the consummation of the transactions contemplated by the Loan Documents to which Homestead and/or any Borrower is a party (a) violate any provisions of the articles or certificate of incorporation, bylaws or partnership agreement of such entity, (b) violate or constitute a default under any contract, agreement or instrument, or any law, ordinance, rule or regulation of any Governmental Authority, to which such entity is subject, (c) to such entity's knowledge, violate or constitute a default under any Governmental Requirement so as to create a Material Adverse Effect or (d) to such entity's knowledge, result in the creation or imposition of any lien upon any property of such entity, other than those permitted by this Agreement.
Appears in 6 contracts
Samples: Funding Commitment Agreement (Security Capital Pacific Trust), Funding Commitment Agreement (Security Capital Pacific Trust), Funding Commitment Agreement (Security Capital Atlantic Inc)
