Common use of Absence of Breach Clause in Contracts

Absence of Breach. The execution, delivery and performance by Seller of this Agreement, and the performance by Seller of its obligations hereunder do not (i) conflict with or result in a breach of any of the provisions of its articles of incorporation or by-laws, (ii) subject to obtaining the governmental and other consents referred to in Section 5.4 hereof, contravene any law, rule or regulation of any province or of Canada or any political subdivision thereof or therein, or any order, writ, judgement, injunction, decree, determination or award currently in effect, which, singly or in the aggregate, would have a material adverse effect on Seller, (iii) conflict in any respect with or result shall be subject to the fulfillment at or prior to the Closing Date of the following conditions any one or more of which may effect the company HLR being sold to Buyer.

Absence of Breach. The execution, delivery and performance by Seller of this Agreement, and the performance by Seller of its obligations hereunder hereunder, do not (i) conflict with or result in a breach of any of the provisions of its articles of incorporation or by-laws, (ii) subject to obtaining the governmental and other consents referred to in Section 5.4 hereof, contravene any law, rule or regulation of any province or of Canada or any political subdivision thereof or therein, or any order, writ, judgement, injunction, decree, determination or award currently in effect, which, singly or in the aggregate, would have a material adverse effect on Seller, (iii) conflict in any respect with or result shall be subject to the fulfillment at or prior to the Closing Date of the following conditions any one or more of which may effect the company HLR partnership HLP being sold to Buyer.