Common use of Defaults and Conflicts Clause in Contracts

Defaults and Conflicts. Subject to the receipt of all consents and ---------------------- approvals contemplated by this Agreement, neither the execution and delivery of this Agreement, the consummation of the transactions contemplated hereby or the fulfillment of and compliance with the terms and provisions hereof will (i) violate any judicial, administrative or arbitral order, writ, award, judgment, injunction or decree involving Buyer, (ii) conflict with the terms, conditions or provisions of the certificate of incorporation or by-laws of Buyer, (iii) conflict with, result in a breach of, constitute a default under or accelerate or permit the acceleration of the performance required by, any indenture or any material agreement or other material instrument to which Buyer is a party or by which Buyer is bound, (iv) result in the creation of any lien, charge or encumbrance upon any of the assets of Buyer under any such agreement or instrument, or (v) terminate or give any party thereto the right to terminate any such indenture, agreement or instrument. No consent of any third party to any indenture or any material agreement or other material instrument to which Buyer or any of its affiliates is a party is required in connection with the execution and delivery of this Agreement.

Defaults and Conflicts. Subject to the receipt of all consents and ---------------------- approvals contemplated by this Agreement, neither the execution and delivery of this Agreement, the consummation of the transactions contemplated hereby or the fulfillment of and compliance with the terms and provisions hereof will (i) violate any judicial, administrative or arbitral order, writ, award, judgment, injunction or decree involving Buyer, (ii) conflict with the terms, conditions or provisions of the certificate of incorporation or by-laws of Buyer, (iii) conflict with, result in a breach of, constitute a default under or accelerate or permit the acceleration of the performance required by, any indenture or any material agreement or other material instrument to which Buyer is a party or by which Buyer is bound, (iv) result in the creation of any lien, charge or encumbrance upon any of the assets of Buyer under any such agreement or instrument, or (v) terminate or give any party thereto the right to terminate any such indenture, agreement or instrument. No consent of any third party to any indenture or any material agreement or other material instrument to which Buyer or any of its affiliates is a party is required in connection with the execution and delivery of this Agreement.