Common use of No Conflict with Restrictions; No Default Clause in Contracts

No Conflict with Restrictions; No Default. The execution, delivery, and performance of this Agreement by such Member will not (1) conflict with, violate, or result in a breach of any of the terms, conditions, or provisions of any law, regulation, order, writ, injunction, decree, determination, or award of any court, any governmental department, board, agency, or instrumentality, domestic or foreign, or any arbitrator, applicable to such Member, (2) conflict with, violate, result in a breach of, or constitute a default under any of the terms, conditions, or provisions of the articles of incorporation, bylaws, partnership agreement, limited liability company agreement or operating agreement of such Member or of any material agreement or instrument to which such Member is a party or by which such Member is or may be bound or to which any of its material properties or assets is subject, (3) conflict with, violate, result in a breach of, constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, give to others any material interests or rights, or require any consent, authorization, or approval under any indenture, mortgage, lease agreement, or instrument to which such Member is a party or by which such Member is or may be bound, or (4) result in the creation or imposition of any lien upon any of the material properties or assets of such Member.

Appears in 3 contracts

Samples: Joinder Agreement (Macquarie Infrastructure Assets Trust), Limited Liability Company Agreement (Macquarie Infrastructure Assets Trust), Limited Liability Company Agreement (Macquarie Infrastructure CO LLC)

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No Conflict with Restrictions; No Default. The Neither the execution, delivery, and delivery or performance of this Agreement by such Member party (i) will not (1) conflict with, violate, violate or result in a breach of any of the terms, conditions, conditions or provisions of any law, regulation, order, writ, injunction, decree, determination, determination or award of any court, any governmental department, board, agency, agency or instrumentality, domestic or foreign, or any arbitrator, applicable to such Memberparty, (2ii) will conflict with, violate, result in a breach of, of or constitute a default under any of the terms, conditions, conditions or provisions of the articles of incorporation, bylaws, bylaws or partnership agreement, limited liability company agreement or operating agreement of such Member party, as the case may be, or of any material agreement or instrument to which such Member party is a party or by which such Member party is or may be bound or to which any of its material properties or assets is subject, (3iii) will in any material respect conflict with, violate, result in a breach of, constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, give to others any material interests or rights, rights or require any consent, authorization, authorization or approval under any indentureindemnity, mortgage, lease agreement, agreement or instrument to which such Member party is a party or by which such Member party is or may be bound, or (4iv) will result in the creation or imposition of any lien upon any of the material properties or assets of such Memberparty.

Appears in 1 contract

Samples: Put Option Agreement (Allmerica Financial Corp)

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