Violations; Consents; Defaults. Neither the execution of this Agreement nor the performance by 1/3/5 LLC of its obligations under this Agreement will result in any breach or violation of (i) the terms of any law, rule, ordinance, or regulation; or (ii) any decree, judgment or order to which 1/3/5 LLC or any constituent member of 1/3/5 LLC is a party now in effect from any court or governmental body. There are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by 1/3/5 LLC in order to carry out the transactions contemplated by this Agreement. The execution and delivery of this Agreement and performance by 1/3/5 LLC of its obligations under this Agreement will not conflict with or result in a breach or default (or constitute an event which, with the giving of notice or the passage of time, or both, would constitute a default) under 1/3/5 LLC’s organizational documents or any indenture, mortgage, lease, agreement, or other instrument to which 1/3/5 LLC is a party or by which 1/3/5 LLC or any of its assets may be bound. The execution and delivery of this Agreement and performance by 1/3/5 LLC of its obligations under this Agreement will not result in the creation of any new, or the acceleration of any existing, lien, charge, or encumbrance upon Xxx 0, Xxx 0 and Lot 5 or the Median Tracts.
Violations; Consents; Defaults. Neither the execution of this Agreement nor the performance by Buyer of its obligations under this Agreement will result in any breach or violation of (i) the terms of any law, rule, ordinance, or regulation; or (ii) any decree, judgment or order to which Buyer or any constituent member of Buyer is a party now in effect from any court or governmental body. There are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by Buyer in order to carry out the transactions contemplated by this Agreement. The execution and delivery of this Agreement and performance by Buyer of its obligations under this Agreement will not conflict with or result in a breach or default (or constitute an event which, with the giving of notice or the passage of time, or both, would constitute a default) under Buyer’s organizational documents.
Violations; Consents; Defaults. Neither the execution of this Agreement nor the performance by Seller of its obligations under this Agreement will result in any breach or violation of the terms of any law, rule, ordinance, or regulation or of any decree, judgment or order to which Seller or any officer, director or shareholder of Seller is a party now in effect from any court or governmental body. There are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by Seller in order to carry out the transactions contemplated by this Agreement. The execution and delivery of this Agreement and performance by Seller of its obligations under this Agreement will not conflict with or result in a breach or default (or constitute an event which, with the giving of notice or the passage of time, or both, would constitute a default) under Seller's trust agreement, or other instrument to which Seller is a party or by which Seller or any of its assets may be bound. The execution and delivery of this Agreement and performance by Seller of its obligations under this Agreement will not result in the creation of any new, or the acceleration of any existing, lien, charge, or encumbrance upon the Property.
Violations; Consents; Defaults. Neither the execution of this Agreement nor the performance by 2 LLC of its obligations under this Agreement will result in any breach or violation of (i) the terms of any law, rule, ordinance, or regulation; or (ii) any decree, judgment or order to which 2 LLC or any constituent member of 2 LLC is a party now in effect from any court or governmental body. There are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by 2 LLC in order to carry out the transactions contemplated by this Agreement. The execution and delivery of this Agreement and performance by 2 LLC of its obligations under this Agreement will not conflict with or result in a breach or default (or constitute an event which, with the giving of notice or the passage of time, or both, would constitute a default) under 2 LLC’s organizational documents or any indenture, mortgage, lease, agreement, or other instrument to which 2 LLC is a party or by which 2 LLC or any of its assets may be bound. The execution and delivery of this Agreement and performance by 2 LLC of its obligations under this Agreement will not result in the creation of any new, or the acceleration of any existing, lien, charge, or encumbrance upon Lot 2.
Violations; Consents; Defaults. Neither the execution of this Agreement nor the performance by Seller of its obligations under this Agreement will result in any breach or violation of the terms of any law, rule, ordinance, or regulation or of any decree, -39- judgment or order to which Seller or any officer, director or shareholder of Seller is a party now in effect from any court or governmental body. Other than the releases required by this Agreement with respect to Liens to be Assumed and the Bonds and except for consents and approvals from governmental and quasi- governmental agencies with respect to the transfer of Approvals and consents and approvals for transfer of the Jamul Leasehold, Seller Leases, and Contracts (the obtaining of which consents and approvals is agreed to be the responsibility, and at the risk, of Buyer), there are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by Seller in order to carry out the transactions contemplated by this Agreement. The execution and delivery of this Agreement and performance by Seller of its obligations under this Agreement will not conflict with or result in a breach or default (or constitute an event which, with the giving of notice or the passage of time, or both, would constitute a default) under Seller's articles of incorporation or bylaws or any indenture, mortgage, lease, agreement, or other instrument to which Seller is a party or by which Seller or any of its assets may be bound, except for the Approvals, Jamul Lease, Seller Leases, Contracts, and Bonds where consent is required for the transfer, release, and/or assumption of Seller's rights, interests, and obligations thereunder.
Violations; Consents; Defaults. Neither the execution of this Agreement nor the performance by Buyer of its obligations under this Agreement will result in any breach or violation of the terms of any law, rule, ordinance, or regulation or of any decree, judgment or order to which Buyer or any shareholder in Buyer is a party now in effect from any court or governmental body. There are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by Buyer in order to carry out the transactions contemplated by this Agreement. The execution and delivery of this Agreement and performance by Buyer of its obligations under this Agreement will not conflict with or result in a breach or default (or constitute an event which, with the giving of notice or the passage of time, or both, would constitute a default) under Buyer's articles of incorporation or bylaws or any indenture, mortgage, lease, agreement, or other instrument to which Buyer is a party or by which Buyer or any of its assets may be bound.
Violations; Consents; Defaults. Neither the execution of this Agreement nor the performance by Buyer of its obligations under this Agreement will result in any breach or violation of the terms of any law, rule, ordinance, or regulation or of any decree, judgment or order to which Buyer or any officer, director or shareholder of Buyer is a party now in effect from any court or governmental body. There are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by Buyer in order to carry out the transactions contemplated by this Agreement. The execution and delivery of this Agreement and performance by Buyer of its obligations under this Agreement will not conflict with or result in a breach or default (or constitute an event which, with the giving of notice or the passage of time, or both, would constitute a default) under Buyer's articles of incorporation or bylaws or any indenture, mortgage, lease, agreement, or other instrument to which Buyer is a party or by which Buyer or any of its assets may be bound. The execution and delivery of this Agreement and performance by Buyer of its obligations under this Agreement will not result in the creation of any new, or the acceleration of any existing, lien, charge, or encumbrance upon the Property. For purposes of this Section 10.2, the knowledge of each officer, director and shareholder of Buyer will be imputed to Buyer. Where a representation or warranty is qualified by the phrase "to the best of Buyer's knowledge" or words of similar import, the phrase means that the representation or warranty is made to the best of Buyer's knowledge, without investigation or inquiry.
Violations; Consents; Defaults. To the best of Optionor's knowledge, neither the execution of this Option Agreement nor the performance hereof by Optionor will result in any breach or violation of the terms of any law, rule, ordinance, or regulation or of any decree, judgment or order to which Optionor is a party, now in effect from any court or governmental body. There are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by Optionor in order to carry out the transactions contemplated by this Option Agreement. The execution and delivery of this Option Agreement and performance hereof by Optionor will not conflict with, or result in a breach of, any of the terms, conditions or provisions of, or constitute a default (or constitute an event which, with the giving of notice or the passage of time, or both, would constitute a default) under or result in the creation of any new, or the acceleration of any existing, lien, charge, or encumbrance upon the Property or under any indenture, mortgage, lease, agreement, letter of intent or other instrument to which Optionor is a party or by which Optionor or any of its assets may be bound.
Violations; Consents; Defaults. Neither the execution of this Agreement nor the performance by the Acridge Trust of its obligations under this Agreement will result in any breach or violation of the terms of any law, rule, ordinance, or regulation or of any decree, judgment or order to which the Acridge Trust, or any trustee, beneficiary or affiliate of the Acridge Trust, is a party now in effect from any court or governmental body. There are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by the Acridge Trust in order to carry out the transactions contemplated by this Agreement. The execution and delivery of this Agreement and performance by the Acridge Trust of its obligations under this Agreement will not conflict with or result in a breach or default (or constitute an event which, with the giving of notice or the passage of time, or both, would constitute a default) under the Acridge Trust's trust agreement, or any other instrument to which the Acridge Trust, or any trustee, beneficiary or affiliate of the Acridge Trust, is a party or by which the Acridge Trust or any of its assets may be bound. The execution and delivery of this Agreement and performance by the Acridge Trust of its obligations under this Agreement will not result in the creation of any new, or the acceleration of any existing lien, charge, or encumbrance upon the Rights.
Violations; Consents; Defaults. Neither the execution of this Agreement nor the performance hereof by Seller will result in any breach or violation of the terms of any law, rule, ordinance, or regulation or of any decree, judgment or order from any court or governmental body. There are no consents, waivers, authorizations or approvals from any third party necessary to be obtained by Seller in order to carry out the transactions contemplated by this Agreement.
