Common use of Conflict with Other Instruments Clause in Contracts

Conflict with Other Instruments. The execution and delivery by the Borrower of each of the Credit Facility Documents and the performance by the Borrower of its obligations thereunder, including, without limitation, the performance of the terms of the Security Documents, do not and will not: (i) conflict with or result in a breach of any of the terms, conditions or provisions of: (A) the Charter Documents of the Borrower; (B) any Law applicable to or binding on the Borrower; or (C) any contractual restriction binding on or affecting the Borrower or its properties the breach of which would have a Material Adverse Effect; or (ii) result in, or require or permit: (A) the imposition of any Lien on or with respect to the properties now owned or hereafter acquired by the Borrower; or (B) the acceleration of the maturity of any Debt of the Borrower, under any contractual provision binding on or affecting the Borrower;

Appears in 3 contracts

Samples: Credit Facility Agreement (Ichor Corp), Credit Facility Agreement (Ichor Corp), Credit Facility Agreement (Mymetics Corp)

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Conflict with Other Instruments. The execution and delivery by the Borrower of each of the Credit Facility Documents and the performance by the Borrower of its obligations thereunder, including, without limitation, the performance of the terms of the Security Documents, do not and will not: (i) conflict with or result in a breach of any of the terms, conditions or provisions of: (A) the Charter Documents of the Borrower; (B) any Law applicable to or binding on the Borrower; or (C) any contractual restriction binding on or affecting the Borrower borrower or its properties the breach of which would have a Material Adverse Effect; or (ii) result in, or require or permit: (A) the imposition of any Lien on or with respect to the properties now owned or hereafter acquired by the Borrower; or (B) the acceleration of the maturity of any Debt of the Borrower, under any contractual provision binding on or affecting the Borrower;

Appears in 2 contracts

Samples: Credit Facility Agreement (MFC Bancorp LTD), Credit Facility Agreement (Equidyne Corp)

Conflict with Other Instruments. The execution and delivery by the Borrower of each of the Credit Facility Documents and the performance by the Borrower of its obligations Obligations thereunder, including, without limitation, the grant of security over the Pledged Securities and the delivery thereof, and the performance of the terms of the Security Documents, do not and will not: (i) conflict with or result in a breach of any of the terms, conditions or provisions of: (A) the its Charter Documents of the BorrowerDocuments; (B) any Law applicable to or binding on the BorrowerLaw; or (C) any contractual restriction binding on or affecting the Borrower or its properties the breach of which would have a Material Adverse Effect; or (ii) result in, or require or permit: (A) the imposition of any Lien on or with respect to the properties now owned or hereafter acquired by the Borrower; or (B) the acceleration of the maturity of any Debt of the Borrower, Borrower under any contractual provision binding on or affecting the BorrowerBorrower which would have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Facility Agreement (Cybernet Internet Services International Inc), Escrow Agreement (Cybernet Internet Services International Inc)

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Conflict with Other Instruments. The execution and delivery by the Borrower of each Guarantor of the Credit Facility Documents to which it is a party and the performance by the Borrower each of its obligations thereunder, including, without limitation, the performance of the terms of the Security Documents, do not and will not: (i) conflict with or result in a breach of any of the terms, conditions or provisions of: (A) the its Charter Documents of the BorrowerDocuments; (B) any Law applicable to or binding on the BorrowerGuarantor; or (C) any contractual restriction binding on or affecting the Borrower Guarantor or its properties property the breach of which would have a Material Adverse Effect; or (ii) result in, or require or permit: (A) the imposition of any Lien on or with respect to the properties now owned or hereafter acquired by the BorrowerGuarantor; or (B) the acceleration of the maturity of any Debt of the BorrowerGuarantor, under any contractual provision binding on or affecting the BorrowerGuarantor which would have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Facility Agreement (Mymetics Corp)

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