Common use of Consents; No Violations Clause in Contracts

Consents; No Violations. Neither the execution, delivery or performance by Parent and Company of this Agreement nor the consummation of the transactions contemplated hereby will (a) conflict with, or result in a breach or a violation of, any provision of the certificate of incorporation or bylaws of Parent or the Company, (b) constitute, with or without notice or the passage of time or both, a breach, violation or default, create any lien or charge, or give rise to any right of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, under any law, or any provision of any agreement or other instrument to which Parent or any of its subsidiaries is a party or pursuant to which any of the assets or properties of Parent or any of its subsidiaries is subject, except for breaches, violations, defaults, liens or charges, or rights of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, which, individually or in the aggregate, would not materially adversely affect Parent’s or the Company’s ability to consummate the transactions contemplated by this Agreement, or (c) require any consents, approvals and filings on the part of Parent or the Company on or before the Closing Date from or with any governmental entity, except for such consents, approvals and filings which, if not made or obtained by Parent or the Company, would not materially adversely affect the ability of Parent and the Company to consummate the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Exchange Agreement (Itc Deltacom Inc), Exchange Agreement (Itc Deltacom Inc), Exchange Agreement (Itc Deltacom Inc)

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Consents; No Violations. Neither the execution, delivery or performance by Parent and the Company of this Agreement and the Transaction Documents nor the consummation of the transactions contemplated hereby and thereby will (a) conflict with, or result in a breach or a violation of, any provision of the certificate of incorporation or bylaws of Parent or the Company, (b) constitute, with or without notice or the passage of time or both, a breach, violation or default, create any lien or charge, or give rise to any right of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, under any law, or any provision of any agreement or other instrument to which Parent the Company or any of its subsidiaries is a party or pursuant to which any of the assets or properties of Parent the Company or any of its subsidiaries is subject, except for breaches, violations, defaults, liens or charges, or rights of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, which, individually or in the aggregate, would not materially adversely affect Parent’s or the Company’s ability to consummate the transactions contemplated by this Agreement, or (c) require any consents, approvals and filings on the part of Parent or the Company on or before prior to the Closing Date from or with any governmental entity, except for such consents, approvals and filings which, if not made or obtained by Parent or the Company, would not materially adversely affect the Company’s ability of Parent and the Company to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Series D Warrant Exchange Agreement (Itc Deltacom Inc)

Consents; No Violations. Neither the execution, delivery or performance by Parent and the Company of this Agreement nor the consummation of the transactions contemplated hereby will (a) conflict with, or result in a breach or a violation of, any provision of the certificate of incorporation or bylaws of Parent or the Company, (b) constitute, with or without notice or the passage of time or both, a breach, violation or default, create any lien or charge, or give rise to any right of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, under any law, or any provision of any agreement or other instrument to which Parent the Company or any of its subsidiaries is a party or pursuant to which any of the assets or properties of Parent the Company or any of its subsidiaries is subject, except for breaches, violations, defaults, liens or charges, or rights of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, which, individually or in the aggregate, would not materially adversely affect Parent’s or the Company’s ability to consummate the transactions contemplated by this Agreement, or (c) require any consents, approvals and filings on the part of Parent or the Company on or before the Closing Date from or with any governmental entity, except for such consents, approvals and filings which, if not made or obtained by Parent or the Company, would not materially adversely affect the Company’s ability of Parent and the Company to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Series a Preferred Stockholder Agreement (Itc Deltacom Inc)

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Consents; No Violations. Neither the execution, delivery or performance by Parent and Company the Babson Entities of this Agreement nor the consummation of the transactions conversion contemplated hereby will shall (a) conflict with, or result in a breach or a violation of, any provision of the certificate of incorporation incorporation, bylaws or bylaws other organizational documents of Parent or the Companyany Babson Entity, (b) constitute, with or without notice or the passage of time or both, a breach, violation or default, create any lien or charge, or give rise to any right of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, under any law, or any provision of any agreement or other instrument to which Parent or any of its subsidiaries such Babson Entity is a party or pursuant to which any of the assets or properties of Parent such Babson Entity or any of its subsidiaries assets or properties is subject, except for breaches, violations, defaults, liens or charges, or rights of termination, modification, cancellation, prepayment, suspension, limitation, revocation or acceleration, which, individually or in the aggregate, would not materially adversely affect Parent’s or the Companysuch Babson Entity’s ability to consummate the transactions contemplated by this Agreement, or (c) require any consents, approvals and filings on the part of Parent or the Company on or before the Closing Date such Babson Entity, from or with any governmental entity, entity except for such the consents, approvals and filings which, if not made or obtained by Parent or the Companysuch Babson Entity, would not materially adversely affect the such Babson Entity’s ability of Parent and the Company to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Exchange Agreement (Itc Deltacom Inc)

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