Common use of No adverse consequences Clause in Contracts

No adverse consequences. Neither the execution and delivery of this Agreement by the Company nor the consummation of the transactions contemplated by this Agreement will (a) to the knowledge of the Company, violate any statute, judgment, order, injunction, decree, rule, regulation or ruling of any governmental authority applicable to the Company, or (b) either alone or with the giving of notice or the passage of time or both, conflict with, constitute grounds for termination of, accelerate the performance required by, accelerate the maturity of any indebtedness or obligation under, result in the breach of the terms, conditions or provisions of or constitute a default under any mortgage, deed of trust, indenture, note, bond, lease, license, permit or other agreement, instrument or obligation to which the Company is a party or by which it is bound.

No adverse consequences. Neither the execution and delivery of this Agreement by the Company Stockholder nor the consummation of the transactions contemplated by this Agreement will (a) to the knowledge of the CompanyStockholder, violate any statute, judgment, order, injunction, decree, rule, regulation or ruling of any governmental authority applicable to the CompanyStockholder, or (b) either alone or with the giving of notice or the passage of time or both, conflict with, constitute grounds for termination of, accelerate the performance required by, accelerate the maturity of any indebtedness or obligation under, result in the breach of the terms, conditions or provisions of or constitute a default under any mortgage, deed of trust, indenture, note, bond, lease, license, permit or other agreement, instrument or obligation to which the Company Stockholder is a party or by which it is bound.

No adverse consequences. Neither the execution and delivery of this Agreement by the Company Stockholders nor the consummation of the transactions contemplated by this Agreement will (a) to the knowledge of the Companyeach Stockholder, violate any statute, judgment, order, injunction, decree, rule, regulation or ruling of any governmental authority applicable to the Companyeach Stockholder, or (b) either alone or with the giving of notice or the passage of time or both, conflict with, constitute grounds for termination of, accelerate the performance required by, accelerate the maturity of any indebtedness or obligation under, result in the breach of the terms, conditions or provisions of or constitute a default under any mortgage, deed of trust, indenture, note, bond, lease, license, permit or other agreement, instrument or obligation to which the Company each Stockholder is a party or by which it is bound.