Common use of No Affect Clause in Contracts

No Affect. No party to any material contract, commitment or arrangement of any nature whatsoever is, due to the issue of Shares in this agreement or by virtue of the entry by the Company [and any other Group Company] into this agreement, entitled to: terminate the relevant material contract, commitment or arrangement; require adoption of terms less favourable to the [Company][Group]; or do anything which would materially adversely affect the interests, Business or assets of the [Company][Group].

Appears in 1 contract

Sources: Subscription Agreement

No Affect. No party to any material contract, commitment or arrangement of any nature whatsoever is, due to the issue of Shares in this agreement or by virtue of the entry by the Company [and any other Group Company] into this agreement, entitled to: : (a) terminate the relevant material contract, commitment or arrangement; ; (b) require adoption of terms less favourable to the [Company][Group]Company; or or (c) do anything which would materially adversely affect the interests, Business or assets of the [Company][Group]Company.

Appears in 1 contract

Sources: Scif Subscription and Shareholders’ Agreement

No Affect. No party to any material contract, commitment or arrangement of any nature whatsoever is, due to the issue of Shares in this agreement or by virtue of the entry by the Company [and any other Group Company] into this agreement, entitled to: terminate the relevant material contract, commitment or arrangement; require adoption of terms less favourable to the [Company][Group]Company; or do anything which would materially adversely affect the interests, Business or assets of the [Company][Group]Company.

Appears in 1 contract

Sources: Subscription and Shareholders' Agreement