Common use of Ability to Fulfill Obligations Clause in Contracts

Ability to Fulfill Obligations. The execution and delivery of this Agreement by IGT and the performance by IGT of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which IGT is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of IGT, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of IGT.

Ability to Fulfill Obligations. The execution and delivery of this Agreement by IGT ISPI and the performance by IGT ISPI of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which IGT ISPI is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of IGTISPI, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of IGTISPI.

Ability to Fulfill Obligations. The execution and delivery of this Agreement by IGT ONTC and the performance by IGT ONTC of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which IGT ONTC is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of IGTONTC, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of IGTONTC.

Ability to Fulfill Obligations. The execution and delivery of this Agreement by IGT OGNG and the performance by IGT OGNG of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which IGT OGNG is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of IGTOGNG, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of IGTOGNG.

Ability to Fulfill Obligations. The execution and delivery of this Agreement by IGT CCW and the performance by IGT CCW of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which IGT CCW is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of IGTCCW, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of IGTCCW.

Ability to Fulfill Obligations. The execution and delivery of this Agreement by IGT NLI and the performance by IGT NLI of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which IGT NLI is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required, (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of IGTNLI, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of IGTNLI.