Common use of Conflicts; Consents Clause in Contracts

Conflicts; Consents. (a) Assuming that (i) requisite Bankruptcy Court approvals are obtained, and (ii) the notices, authorizations, approvals, Orders, permits or consents set forth on Section 6.3(a) of the Disclosure Schedules are made, given or obtained (as applicable), neither the execution and delivery by Buyer of this Agreement, nor the consummation by Buyer of the transactions contemplated hereby, nor performance or compliance by Buyer with any of the terms or provisions hereof, will (A) conflict with or violate any provision of Buyer’s articles of incorporation or bylaws or similar organizational documents, (B) violate any Law or Order applicable to Buyer, (C) violate or constitute a breach of or default (with or without notice or lapse of time, or both) under or give rise to a right of termination, modification, or cancelation of any obligation or to the loss of any benefit, any of the terms or provisions of any loan or credit agreement or other Contract to which Buyer is a party or accelerate Buyer’s obligations under any such Contract, or (D) result in the creation of any Encumbrance (other than a Permitted Encumbrance) on any properties or assets of Buyer or any of its Subsidiaries, except, in the case of clauses (A) through (D), as would not, individually or in the aggregate, reasonably be expected to prevent or materially impair, alter or delay the ability of Buyer to consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Bed Bath & Beyond Inc), Asset Purchase Agreement (OVERSTOCK.COM, Inc), Asset Purchase Agreement (Bed Bath & Beyond Inc)

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Conflicts; Consents. (a) Assuming that (i) the Sale Order, and all other requisite Bankruptcy Court approvals are obtained, and (ii) the notices, authorizations, approvals, Orders, permits or consents set forth on Section 6.3(aSchedule 4.3(a) of the Disclosure Schedules are made, given or obtained (as applicable), and (iii) the requirements of the HSR Act are complied with, neither the execution and delivery by Buyer Purchaser of this Agreement, nor the consummation by Buyer Purchaser of the transactions contemplated herebyTransactions, nor performance or compliance by Buyer Purchaser with any of the terms or provisions hereof, will (A) conflict with or violate any provision of BuyerPurchaser’s articles of incorporation or bylaws or similar organizational documentsOrganizational Documents, (B) violate any Law or Order applicable to BuyerPurchaser, (C) violate or constitute a breach of or default (with or without notice or lapse of time, or both) under or give rise to a right of termination, modification, or cancelation of any obligation or to the loss of any benefit, any of the terms or provisions of any loan or credit agreement or other material Contract to which Buyer Purchaser is a party or accelerate BuyerPurchaser’s obligations under any such Contract, or (D) result in the creation of any Encumbrance (other than a Permitted Encumbrance) on any properties or assets of Buyer Purchaser or any of its Subsidiaries, except, in the case of clauses (A) through (D), as would not, individually or in the aggregate, reasonably be expected to prevent or materially impair, alter or delay the ability of Buyer Purchaser to consummate the transactions contemplated herebyTransactions.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Rite Aid Corp), Asset Purchase Agreement (Rite Aid Corp)

Conflicts; Consents. (a) Assuming that (i) the Confirmation Order and all other requisite Bankruptcy Court approvals are obtained, and (ii) the notices, authorizations, approvals, Orders, permits or consents and Consents set forth on Section 6.3(aSchedule 4.3(a) of the Disclosure Schedules are made, given or obtained (as applicable), neither the execution and delivery by Buyer Purchaser of this Agreement, nor the consummation by Buyer Purchaser of the transactions contemplated herebyhereby or thereby, nor performance or compliance by Buyer Purchaser with any of the terms or provisions hereof, will (A) conflict with or violate any provision of BuyerPurchaser’s articles of incorporation or bylaws or similar organizational documentsOrganizational Documents, (B) violate any Law or Order applicable to BuyerPurchaser, (C) violate or constitute a breach of or default (with or without notice or lapse of time, or both) under or give rise to a right of termination, modification, or cancelation of any obligation or to the loss of any benefit, any of the terms or provisions of any loan or credit agreement or other material Contract to which Buyer Purchaser is a party or accelerate BuyerPurchaser’s obligations under any such Contract, or (D) result in the creation of any Encumbrance (other than a Permitted Encumbrance) on any properties or assets of Buyer Purchaser or any of its Subsidiaries, except, in the case of clauses (AB) through (DC), as would not, individually or in the aggregate, reasonably be expected to prevent or materially impair, alter or delay the ability of Buyer Purchaser to consummate the transactions contemplated herebyhereby or thereby.

Appears in 1 contract

Samples: Investment Agreement (American Shared Hospital Services)

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Conflicts; Consents. (a) Assuming that (i) requisite Bankruptcy Court approvals are obtained, and (ii) the notices, authorizations, approvals, Orders, permits or consents set forth on Section 6.3(a) of the Disclosure Schedules are made, given or obtained (as applicable), neither the The execution and delivery by Buyer Eton of this AgreementAgreement and any agreements contemplated thereby, nor and the consummation by Buyer of the transactions contemplated herebyhereby and thereby, nor and performance or compliance by Buyer with any of the terms or provisions hereofobligations hereunder and thereunder, (a) do not and will (A) conflict with or violate not result in the violation of any provision of Buyer’s articles the Charter Documents of incorporation Eton, each as amended to date; (b) do not and will not (i) except as set forth on Schedule 3.8(b)(i), require the consent, notice or bylaws or similar organizational documentsother action by any Person under, (Bii) violate any Law or Order applicable to Buyerconflict with, (Ciii) violate result in a violation or breach of, or constitute a breach of default or default (an Occurrence that, with or without notice or lapse of time, time or both) under or give rise to , would constitute a right of terminationdefault under, modification, or cancelation of any obligation or to the loss of any benefit, any of the terms or provisions of any loan or credit agreement or other Contract to which Buyer is a party or accelerate Buyer’s obligations under any such Contract, or (Div) result in the creation of acceleration of, or (v) create any Encumbrance right to accelerate, terminate, modify or cancel, in each case (other than a Permitted Encumbrancei) on through (v), any properties or assets of Buyer Contract that is related to the Products to which Eton or any of its Subsidiariesproperties or assets (including intangible assets) is subject; (c) do not and will not violate any existing Law applicable to Eton or any of its properties or assets (tangible and intangible), except, and (d) do not and will not result in the case creation or imposition of clauses (A) through (D)any Encumbrance on any Assets. To Eton’s Knowledge, as would notno consent, individually authorization, Permit or approval or other action by, and no notice to or filing with, any Governmental Entity is or will be required to be obtained or made by Eton in connection with the aggregateexecution, reasonably be expected to prevent or materially impair, alter or delay delivery and performance by Eton of this Agreement and the ability consummation by Eton of Buyer to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Eton Pharmaceuticals, Inc.)

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