Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders of its Equity Interests or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, of the Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given or made and are in full force and effect, (ii) recordings and filings necessary to perfect the Liens created pursuant to the Loan Documents, and (iii) filings made or to be made in the ordinary course of business, (b) will not (i) violate any Governmental Requirement or (ii) violate any Organizational Documents of the Borrower or any Guarantor or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness or any Material Farmout Agreement or Material Operating Agreement binding upon the Borrower or any Guarantor or its Properties, or give rise to a right thereunder to require any payment to be made by the Borrower or any Guarantor, and will not result in the creation or imposition of any Lien on any Property of the Borrower or any Guarantor (other than the Liens created by the Loan Documents).
Appears in 2 contracts
Sources: Master Assignment, Agreement and Amendment No. 9 to Credit Agreement (Jones Energy, Inc.), Credit Agreement (Jones Energy, Inc.)
Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders of its Equity Interests or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, of the Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given or made and are in full force and effect, effect and (ii) recordings and filings necessary to perfect the Liens created pursuant to the Loan Documents, and (iii) filings made or to be made in the ordinary course of business, (b) will not (i) violate any Governmental Requirement or (ii) violate any Organizational Documents of the Borrower or any Guarantor or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness or any Material Farmout Agreement or Material Operating Agreement binding upon the Borrower or any Guarantor or its Properties, or give rise to a right thereunder to require any payment to be made by the Borrower or any Guarantor, and will not result in the creation or imposition of any Lien on any Property of the Borrower or any Guarantor (other than the Liens created by the Loan Documents).
Appears in 2 contracts
Sources: Second Lien Credit Agreement (Jones Energy, Inc.), Credit Agreement (Jones Energy, Inc.)
Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders of its Equity Interests shareholders or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, of the Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given obtained or made and are in full force and effect, (ii) recordings effect other than the recording and filings necessary to perfect filing of the Liens created pursuant to the Loan Documents, and (iii) filings made or to be made in the ordinary course of businessSecurity Instruments as required by this Agreement, (b) will not (i) violate any Governmental Requirement applicable law or (ii) violate any Organizational Documents regulation or the charter, by-laws or other organizational documents of the Borrower or any Guarantor Subsidiary or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness or any Material Farmout Agreement or Material Operating Agreement binding upon the Borrower or any Guarantor Subsidiary or its Properties, or give rise to a right thereunder to require any payment to be made by the Borrower or any Guarantorsuch Subsidiary, and (d) will not result in the creation or imposition of any Lien on any Property of the Borrower or any Guarantor Subsidiary (other than the Liens created by the Loan Documents)) and (e) do not and will not result in any default, non-compliance, suspension, revocation, impairment, forfeiture or nonrenewal of any material permit, license, authorization or approval applicable to its operations or any of its Properties.
Appears in 1 contract
Sources: Credit Agreement (Gexa Corp)
Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders of its Equity Interests shareholders or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, or members of the Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given obtained or made and are in full force and effect, effect other than (i) the recording and filing of the Security Instruments as required by this Agreement and (ii) recordings and filings necessary those third party approvals or consents that, if not made or obtained, would not cause a Default hereunder, could not reasonably be expected to perfect have a Material Adverse Effect or do not have an adverse effect on the Liens created pursuant to enforceability of the Loan Documents, and (iii) filings made or to be made in the ordinary course of business, (b) will not (i) violate any Governmental Requirement applicable law or (ii) violate any Organizational Documents regulation or the charter, by-laws or other organizational documents of the Borrower or any Guarantor Subsidiary or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness or any Material Farmout Agreement or Material Operating Agreement binding upon the Borrower or any Guarantor Subsidiary or its Properties, or give rise to a right thereunder to require any payment to be made by the Borrower or any Guarantor, such Subsidiary and (d) will not result in the creation or imposition of any Lien on any Property of the Borrower or any Guarantor Subsidiary (other than the Liens created by the Loan Documents).. 27
Appears in 1 contract
Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders of its Equity Interests shareholders or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, of the any Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given obtained or made and are in full force and effect, effect other than (i) the recording and filing of the Security Instruments as required by this Agreement and (ii) recordings and filings necessary those third party approvals or consents which, if not made or obtained, would not cause a Default hereunder, could not reasonably be expected to perfect have a Material Adverse Effect or do not have an adverse effect on the Liens created pursuant to enforceability of the Loan Documents, and (iii) filings made or to be made in the ordinary course of business, (b) will not (i) violate any Governmental Requirement applicable law or (ii) violate regulation or the charter, regulations, by-laws or other organizational documents of any Organizational Documents of the Borrower or any Guarantor Subsidiary or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness or any Material Farmout Agreement or Material Operating Agreement binding upon the any Borrower or any Guarantor Subsidiary or its Properties, or give rise to a right thereunder to require any payment to be made by the such Borrower or any Guarantor, such Subsidiary and (d) will not result in the creation or imposition of any Lien on any Property of the any Borrower or any Guarantor Subsidiary (other than the Liens created by the Loan Documents).
Appears in 1 contract
Sources: Credit Agreement (Ellora Energy Inc)
Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders of its Equity Interests shareholders or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, of the Parent, the Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given obtained or made and are in full force and effect, effect other than (i) the recording and filing of the Security Instruments as required by this Agreement and (ii) recordings and filings necessary those third party approvals or consents which, if not made or obtained, would not cause a Default hereunder, could not reasonably be expected to perfect have a Material Adverse Effect or do not have an adverse effect on the Liens created pursuant to enforceability of the Loan Documents, and (iii) filings made or to be made in the ordinary course of business, (b) will not (i) violate any Governmental Requirement applicable law or (ii) violate any Organizational Documents regulation or the charter, by-laws or other organizational documents of the Borrower it or any Guarantor of its Subsidiaries or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness binding upon it or any Material Farmout Agreement or Material Operating Agreement binding upon the Borrower or any Guarantor of its Subsidiaries or its Properties, or give rise to a right thereunder to require any payment to be made by the Borrower it or any Guarantor, such Subsidiary and (d) will not result in the creation or imposition of any Lien on any Property of the Borrower it or any Guarantor of its Subsidiaries (other than the Liens created by the Loan Documents).
Appears in 1 contract
Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders of its Equity Interests or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, of the Parent Guarantor, the Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given obtained or made and are in full force and effect, (ii) recordings effect other than the recording and filings necessary to perfect filing of the Liens created pursuant to the Loan Documents, Security Instruments and (iii) filings made or to be made in the ordinary course of businessfinancing statements as required by this Agreement, (b) will not (i) violate any Governmental Requirement applicable law or (ii) violate any Organizational Documents regulation or charter, bylaws, limited liability company agreements or other organizational documents of the Parent Guarantor, the Borrower or any Guarantor Restricted Subsidiary or any order of any Governmental Authority, and (c) will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness or any Material Farmout Agreement or Material Operating Agreement binding upon the Parent Guarantor, the Borrower or any Guarantor Restricted Subsidiaries or its their Properties, or give rise to a right thereunder to require any payment to be made by the Parent Guarantor, the Borrower or any Guarantor, Restricted Subsidiaries and will not result in the creation or imposition of any Lien on any Property of the Parent Guarantor, the Borrower or any Guarantor Restricted Subsidiaries (other than the Liens created by the Loan Documents).β
Appears in 1 contract
Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders of its Equity Interests or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, of the Parent Guarantor, the Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given obtained or made and are in full force and effect, (ii) recordings effect other than the recording and filings necessary to perfect filing of the Liens created pursuant to the Loan Documents, Security Instruments and (iii) filings made or to be made in the ordinary course of businessfinancing statements as required by this Agreement, (b) will not (i) violate any Governmental Requirement applicable law or (ii) violate any Organizational Documents regulation or charter, bylaws, limited liability company agreements or other organizational documents of the Parent Guarantor, the Borrower or any Guarantor Restricted Subsidiary or any order of any Governmental Authority, and (c) will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness or any Material Farmout Agreement or Material Operating Agreement binding upon the Parent Guarantor, the Borrower or any Guarantor Restricted Subsidiaries or its their Properties, or give rise to a right thereunder to require any payment to be made by the Parent Guarantor, the Borrower or any Guarantor, Restricted Subsidiaries and will not result in the creation or imposition of any Lien on any Property of the Parent Guarantor, the Borrower or any Guarantor Restricted Subsidiaries (other than the Liens created by the Loan Documents).Documents).82
Appears in 1 contract
Approvals; No Conflicts. The Transactions (a) i. do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders members of its Equity Interests the Borrower, members, shareholder or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, of the Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given obtained or made and are in full force and effecteffect other than 1. the recording and filing of the Security Instruments as required by this Agreement and 2. those third party approvals or consents that, (ii) recordings and filings necessary if not made or obtained, would not cause a Default hereunder, could not reasonably be expected to perfect have a Material Adverse Effect or do not have an adverse effect on the Liens created pursuant to enforceability of the Loan Documents, and (iii) filings made or to be made in the ordinary course of business, (b) ii. will not (i) violate any Governmental Requirement applicable law or (ii) violate any Organizational Documents regulation or the organizational or formation documents of the Parent, the Borrower or any Guarantor Subsidiary or any order of any Governmental Authority, (c) iii. will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness or any Material Farmout Agreement or Material Operating Agreement binding upon the Parent, Borrower or any Guarantor Subsidiary or its Properties, or give rise to a right thereunder to require any payment to be made by the Parent, Borrower or any Guarantor, such Subsidiary and iv. will not result in the creation or imposition of any Lien on any Property of the Parent, Borrower or any Guarantor Subsidiary (other than the Liens created by the Loan Documents).
Appears in 1 contract
Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority or any other third Person (including holders of its Equity Interests shareholders or any class of directors, managers or supervisors, as applicable, whether interested or disinterested, of the Parent, the Borrower or any other Person), nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or the consummation of the transactions contemplated thereby, except (i) such as have been obtained, taken, given obtained or made and are in full force and effecteffect other than (i) the recording and filing of the Security Documents as required by this Agreement and (i) those third party approvals or consents which, (ii) recordings and filings necessary if not made or obtained, would not cause a Default hereunder, could not reasonably be expected to perfect have a Material Adverse Effect or do not have an adverse effect on the Liens created pursuant to enforceability of the Loan Documents, and (iii) filings made or to be made in the ordinary course of business, (b) will not (i) violate any Governmental Requirement Applicable Law or (ii) violate any Organizational Documents regulation or the charter, by-laws or other organizational documents of the Borrower it or any Guarantor of its Subsidiaries or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, agreement or other instrument evidencing Material Indebtedness binding upon it or any Material Farmout Agreement or Material Operating Agreement binding upon the Borrower or any Guarantor of its Subsidiaries or its Properties, or give rise to a right thereunder to require any payment to be made by the Borrower it or any Guarantor, such Subsidiary and (d) will not result in the creation or imposition of any Lien on any Property of the Borrower it or any Guarantor of its Subsidiaries (other than the Liens created by the Loan Documents).
Appears in 1 contract
Sources: Multidraw Term Loan Agreement (Petroquest Energy Inc)