Common use of No Approvals or Conflicts Clause in Contracts

No Approvals or Conflicts. Assuming the Regulatory Approvals are sought and obtained in accordance with this Agreement, neither the execution and delivery by each Seller of this Agreement or the Ancillary Agreements to which it is a party, nor the consummation by such Seller or any of its Affiliates of the Transaction, will (a) conflict with or violate any provision of such Seller’s Governing Documents, (b) subject to Section 14.12, conflict with the consummation of the NTM Merger in accordance with its terms or conflict with, or result in any violation of or default (with or without notice, lapse of time, or both) under, or give rise to a right of termination, loss of rights, adverse modification of provisions, cancellation or acceleration of any obligation under, or result in the creation of any Encumbrance (other than Permitted Encumbrances) upon any of the Transferred Assets under any provision of the NTM Merger Agreement, (c) require on the part of such Seller any Permit, (d) conflict with, result in a breach of, constitute (with or without due notice or lapse of time or both) a default under, or create in any Person any right to terminate or cancel any Transferred Contract under clauses (i) or (ii) of the definition of Transferred Contract, or (e) violate any Law or Governmental Order, other than, in the case of clauses (c), (d) and (e), any such conflict, breach, default, termination, cancellation, imposition or violation that, or notice, consent, waiver, or Permit, the failure of which to make or be obtained, would not, individually or in the aggregate, reasonably be expected to be material to the Business.

Appears in 3 contracts

Samples: Asset Purchase Agreement (SPRINT Corp), Asset Purchase Agreement (T-Mobile US, Inc.), Asset Purchase Agreement (DISH Network CORP)

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No Approvals or Conflicts. Assuming Other than in respect of the Regulatory Approvals are sought and obtained in accordance with this Agreementthe Subsequent Regulatory Approvals, neither none of the execution and delivery by each Seller Buyer of this Agreement or the Ancillary Agreements Transaction Documents to which it is a party, nor the performance by Buyer of its obligations hereunder or thereunder, or the consummation by such Seller Buyer or any of its Affiliates of the Transaction, will (a) conflict with or violate any provision of such SellerBuyer’s Governing Documents, (b) subject to Section 14.12, conflict with the consummation of the NTM Merger in accordance with its terms or conflict with, or result in any violation of or default (with or without notice, lapse of time, or both) under, or give rise to a right of termination, loss of rights, adverse modification of provisions, cancellation or acceleration of any obligation under, or result in the creation of any Encumbrance (other than Permitted Encumbrances) upon any of the Transferred Assets under any provision of the NTM Merger Agreement, (c) require on the part of such Seller Buyer any Permit, (dc) conflict with, result in a breach of, constitute (with or without due notice or lapse of time or both) a default under, violate, or create in any Person any right to terminate modify, terminate, accelerate or cancel any Transferred obligation under any material Contract under clauses to which Buyer is party or by which its assets are bound, (i) or (ii) of the definition of Transferred Contract, or (ed) violate any Law or Governmental OrderOrder or (e) result in the creation or imposition of any Encumbrance other than a Permitted Encumbrance on any of its assets, other than, in the case of clauses (c), (db) and through (e), any such Permit, conflict, breach, default, violation, termination, cancellation, imposition or violation that, or notice, consent, waiver, or Permit, the failure of which to make or be obtained, would not, individually or in the aggregate, would not reasonably be expected to be have a material adverse effect on the ability of Buyer to consummate the BusinessTransaction in accordance with the terms hereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Shenandoah Telecommunications Co/Va/), Asset Purchase Agreement (T-Mobile US, Inc.)

No Approvals or Conflicts. Assuming (a) Except as set forth on Schedule 3.5, the Regulatory Approvals are sought execution, delivery and obtained in accordance with this Agreement, neither performance by the execution and delivery by each Seller of this Agreement or and the Ancillary Agreements to which it is a party, nor party and the consummation by such the Seller or any of the transactions and performance of its Affiliates of the Transactionobligations contemplated hereby and thereby do not and will not (i) violate, will (a) conflict with or violate any provision result in a breach by the Seller of such Seller’s Governing Documentsits organizational documents (including its certificate of formation and limited liability company agreement), (bii) subject to Section 14.12violate, conflict with the consummation of the NTM Merger in accordance with its terms or conflict with, or result in any violation of a breach of, or constitute a default by the Seller (or create an event that, with notice or without notice, lapse of time, time or both, would constitute a default) under, or give rise to a any payment or other penalty or any right of termination, loss of rights, adverse modification of provisions, cancellation or acceleration of any obligation underthat could be materially adverse to the transactions contemplated by this Agreement, or result in the creation of any Encumbrance (other than Permitted Encumbrances) upon any of the Transferred Assets Sold Assets, under any provision material note, bond, mortgage, indenture, deed of trust, license, franchise, permit (including the permits listed on Schedule 3.13), lease, contract or other instrument to which the Seller or any of the NTM Merger AgreementSold Assets may be bound, (ciii) require on the part of such Seller any Permit, (d) conflict with, violate or result in a material breach of, constitute (with of any Governmental Order or without due notice Law applicable to the Seller or lapse any of time or both) a default under, or create in any Person any right to terminate or cancel any Transferred Contract under clauses (i) the Sold Assets or (iiiv) except for filings with the Bankruptcy Court and the issuance of the definition Sale Order and as may be required by any unique aspect of Transferred ContractBuyer, or (e) violate require any Law or Governmental Order, other than, in the case of clauses (c), (d) and (e), any such conflict, breach, default, termination, cancellation, imposition or violation that, or noticeorder, consent, waiverapproval or authorization of, or Permitnotice to, the failure of which to make or be obtaineddeclaration, would notfiling, individually application, qualification or in the aggregateregistration with, reasonably be expected to be material to the Businessany Governmental Authority.

Appears in 1 contract

Samples: Asset Purchase Agreement (Trimas Corp)

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No Approvals or Conflicts. Assuming the Regulatory Approvals are sought and obtained in accordance with this Agreement, neither the The execution and delivery by each Seller the Company of this Agreement or and the Ancillary Related Agreements to which it is a party, nor and the consummation by such Seller or any of its Affiliates the Company of the Transactiontransactions contemplated hereby and thereby will not (i) violate, will (a) conflict with or violate result in a breach of any provision of such Seller’s Governing Documentsthe Certificate of Incorporation or Bylaws of the Company, (bii) subject to Section 14.12violate, conflict with the consummation of the NTM Merger in accordance with its terms or conflict with, or result in a breach of any violation of provision of, or constitute a default (or an event which, with notice or without notice, lapse of time, time or both, would constitute a default) under, or give rise to a right of termination, loss of rights, adverse modification of provisions, cancellation or acceleration of any obligation under, or result in the creation of any Encumbrance (other than Permitted Encumbrances) lien, security interest, charge or encumbrance upon any of the Transferred Assets under any provision properties of the NTM Merger Company or the Subsidiaries under, any contract to which the Company or any Subsidiary is a party or by which the Company, any Subsidiary, or any of their respective properties may be bound, (iii) violate any order, injunction, judgement, ruling, law or regulation of any court or governmental authority applicable to the Company, any Subsidiary or any of their respective properties and (iv) require any order, license, consent, approval, waiver, permit or authorization of, or notice to, or declaration, filing or registration with, or the granting of any exemption by, or the taking of any other action in respect of, any governmental or regulatory authority or other person not a party to this Agreement except (a) the consents and waivers set forth in Exhibit F hereto, and (b) the orders, filings, registrations or other actions contemplated by the Shareholder Agreement, and except where the occurrence of any of the events in clauses (c) require on the part of such Seller any Permitii), (diii) conflict with, or (iv) above would not result in a breach of, constitute (with or without due notice or lapse of time or both) a default under, or create in any Person any right to terminate or cancel any Transferred Contract under clauses (i) or (ii) of the definition of Transferred Contract, or (e) violate any Law or Governmental Order, other than, in the case of clauses (c), (d) and (e), any such conflict, breach, default, termination, cancellation, imposition or violation that, or notice, consent, waiver, or Permit, the failure of which to make or be obtained, would not, individually or in the aggregate, reasonably be expected to be material to the BusinessMaterial Adverse Effect.

Appears in 1 contract

Samples: Share Purchase Agreement (Khanty Mansiysk Oil Corp)

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