Common use of No Breach, Etc Clause in Contracts

No Breach, Etc. AIMCO shall not, nor shall AIMCO permit any of its Subsidiaries to, willfully take any action that would result in a material breach of any provision of this Agreement or in any of its material representations and warranties set forth in this Agreement being untrue on and as of the Closing Date; provided, however, that AIMCO and its Subsidiaries may issue securities, acquire securities or assets and otherwise act in the ordinary course of their business.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Insignia Financial Group Inc), Agreement and Plan of Merger (Apartment Investment & Management Co)

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No Breach, Etc. AIMCO shall not, nor shall AIMCO permit any of its Subsidiaries to, willfully take any action that would or is reasonably likely to result in a material breach of any provision of this Agreement or in any of its material representations and warranties set forth in this Agreement being untrue on and as of the Closing Date; provided, however, that AIMCO and its Subsidiaries may issue securities, acquire securities or assets and otherwise act in the ordinary course of their business.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Apartment Investment & Management Co), Agreement and Plan of Merger (Ambassador Apartments Inc)

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