Common use of Contravention Clause in Contracts

Contravention. Neither the execution, delivery and performance of the Sale Documents by the Purchaser nor the consummation of the transactions contemplated thereby will (with or without notice or lapse of time or both) (a) violate or breach any provision of the Purchaser's articles of incorporation or bylaws, (b) violate or breach any Regulation by which the Purchaser or any of its properties or assets may be bound or affected or (c) assuming the receipt of all Consents set forth on Schedule 7.04 prior to the Closing, breach or result in a default under any material Contract to which the Purchaser is a party or by which the Purchaser or any of its properties or assets may be bound or affected.

Contravention. Neither the execution, delivery and performance of the Sale Documents by the Purchaser nor the consummation of the transactions contemplated thereby Transactions by the Purchaser will (with or without notice or lapse of time or both) (a) violate or breach any provision of the Purchaser's articles of incorporation ’s organizational or bylawsgoverning documents, (b) assuming the receipt of all of the Purchaser Required Consents prior to the Closing, violate or breach any Regulation material Law by which the Purchaser or any of its properties material assets or assets properties, may be bound or affected affected, or (c) assuming the receipt of all of the Purchaser Required Consents set forth on Schedule 7.04 prior to the Closing, conflict with, breach or result in a default under under, any material Contract to which the Purchaser is a party or by which the Purchaser or any of its properties material assets or assets properties, may be bound or affected.