Common use of Authorization and No Contravention Clause in Contracts

Authorization and No Contravention. The execution, delivery and performance by the Bank of each Transaction Document to which it is a party (i) have been duly authorized by all necessary action on the part of the Bank and (ii) do not contravene or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational documents or (C) any material agreement, contract, order or other instrument to which it is a party or its property is subject (other than violations which do not affect the legality, validity or enforceability of any of such agreements and which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the Bank’s ability to perform its obligations under, the Transaction Documents).

Authorization and No Contravention. The execution, delivery and performance by the Bank of each Transaction Document to which it is a party this Agreement (i) have been duly authorized by all necessary action on the part of the Bank and (ii) do not contravene or constitute a default under (A) any applicable order, law, rule or regulation, (B) its organizational documents or (C) any material agreement, contract, order or other instrument to which it is a party or its property is subject (other than violations which do not affect the legality, validity or enforceability of any of such agreements and or which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the Bank’s ability to perform its obligations under, the Transaction Documentsthis Agreement).

Authorization and No Contravention. The execution, delivery and performance by the Bank Depositor of each the Transaction Document Documents to which it is a party (i) have been duly authorized by all necessary limited liability company action on the part of the Bank Depositor and (ii) do not contravene or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational documents or (C) any material agreement, contract, order indenture or material agreement or other instrument to which it is a party or its property is subject (other than violations which do not affect the legality, validity or enforceability of any of such agreements and or which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the BankDepositor’s ability to perform its obligations under, the Transaction DocumentsDocuments to which it is a party).

Authorization and No Contravention. The execution, delivery and performance by the Bank of each the Transaction Document Documents to which it is a party (i) have been duly authorized by all necessary action on the part of the Bank and (ii) do not contravene or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational documents or (C) any material agreement, contract, order or other instrument to which it is a party or its property is subject (other than than, in the case of clauses (A), (B) and (C), violations which do not affect the legality, validity or enforceability of any of such agreements and which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the Bank’s ability to perform its obligations under, the Transaction Documents).

Authorization and No Contravention. The execution, delivery and performance by the Bank of each the Transaction Document Documents to which it is a party (i) have been duly authorized by all necessary action on the part of the Bank and (ii) do not contravene or constitute a default under (A) any applicable order, law, rule or regulation, (B) its organizational documents or (C) any material agreement, contract, order or other instrument to which it is a party or its property is subject (other than violations which do not affect the legality, validity or enforceability of any of such agreements and which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the Bank’s ability to perform its obligations under, the Transaction Documents).

Authorization and No Contravention. The execution, delivery and performance by the Bank of each the Transaction Document Documents to which it is a party (i) have been duly authorized by all necessary action on the part of the Bank and (ii) do not contravene or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational documents or (C) any material agreement, contract, order or other instrument to which it is a party or its property is subject (other than violations which do not affect the legality, validity or enforceability of any of such agreements and which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the Bank’s ability to perform its obligations under, the Transaction Documents).

Authorization and No Contravention. The execution, delivery and performance by the Bank Depositor of each Transaction Document to which it is a party (i) have been duly authorized by all necessary action on the part of the Bank Depositor and (ii) do not contravene or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational documents or (C) any material agreement, contract, order or other instrument to which it is a party or its property is subject (other than violations which do not affect the legality, validity or enforceability of any of such agreements and which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the BankDepositor’s ability to perform its obligations under, the Transaction Documents).

Authorization and No Contravention. The execution, delivery and performance by the Bank of each Transaction Document to which it is a party this Agreement (i) have been duly authorized by all necessary action on the part of the Bank and (ii) do not contravene or constitute a default under (A) any applicable order, law, rule or regulation, (B) its organizational documents or (C) any material agreement, contract, order or other instrument to which it is a party or its property is subject (other than violations of such laws, rules, regulations, documents or agreements which do not affect the legality, validity or enforceability of any of such agreements and or which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the Bank’s ability to perform its obligations under, the Transaction Documentsthis Agreement).

Authorization and No Contravention. The execution, delivery and performance by the Bank Depositor of each the Transaction Document Documents to which it is a party (i) have been duly authorized by all necessary action on the part of the Bank Depositor and (ii) do not contravene or constitute a default under (Ai) any applicable law, rule or regulation, (Bii) its organizational documents or (Ciii) any material agreement, contract, order indenture or other agreement or instrument to which it the Depositor is a party or by which its property is subject properties are bound (other than violations of such laws, rules, regulations, indentures or agreements which do not affect the legality, validity or enforceability of any of such agreements and which, individually or in the aggregate, would not materially and adversely affect the transactions contemplated by, or the BankDepositor’s ability to perform its obligations under, the Transaction Documents).