Common use of With Laws Clause in Contracts

With Laws. The execution, delivery and performance of this Agreement and the other Loan Documents to which the Borrower or any other Loan Party is a party in accordance with their respective terms and the borrowings and other extensions of credit hereunder do not and will not, by the passage of time, the giving of notice, or both: (i) require any Governmental Approval or violate any Applicable Law (including all Environmental Laws) relating to the Borrower or any other Loan Party; (ii) conflict with or result in a breach of the articles of incorporation or the bylaws of the Borrower or the organizational documents of any other Loan Party, or conflict with or result in a breach of any term or condition that would constitute a default under any Material Contract; or (iii) result in or require the creation or imposition of any Lien (other than a Permitted Lien) upon or with respect to any Eligible Property now owned or hereafter acquired by the Borrower or any other Loan Party other than in favor of the Administrative Agent for the benefit of the Lenders.

Appears in 1 contract

Sources: Credit Agreement (Equity One Inc)

With Laws. The execution, delivery and performance of this Agreement and the other Loan Documents to which the Borrower or any other Loan Party or the Parent is a party in accordance with their respective terms and the borrowings and other extensions of credit hereunder do not and will not, by the passage of time, the giving of notice, or both: (i) require any Governmental Approval or violate any Applicable Law (including all Environmental Laws) relating to any Loan Party or the Borrower or any other Loan Party; (iiParent;(ii) conflict with or with, result in a breach of the articles of incorporation or the bylaws of the Borrower or constitute a default under the organizational documents of the Borrower, any other Loan PartyParty or the Parent, or conflict with any indenture, agreement or result in other instrument to which any Loan Party or the Parent is a breach party or by which it or any of any term or condition that would constitute a default under any Material Contractits respective properties may be bound; or (iii) result in or require the creation or imposition of any Lien (other than a Permitted Lien) upon or with respect to any Eligible Property property now owned or hereafter acquired by the Borrower or any other Loan Party or the Parent other than in favor of the Administrative Agent for the benefit of the Lenders.

Appears in 1 contract

Sources: Credit Agreement (CBL & Associates Properties Inc)