Common use of Violation of Charter Documents Clause in Contracts

Violation of Charter Documents. The execution, delivery and/or performance by the Guarantor of this Agreement and the consummation of the transactions contemplated hereunder have been duly authorized by all necessary corporate and shareholder action and none of such execution, delivery, performance or consummation shall, by the lapse of time, the giving of notice or otherwise, constitute a violation of any Legal Requirement or a breach of any provision contained in the Charter Documents of the Guarantor, or contained in any agreement, instrument or document to which the Guarantor is now or hereafter a party or by which it or any of its Assets is or may become bound, other than agreements, instruments or documents that are immaterial to the Guarantor the breach of which could not have a Material Adverse Effect.