Common use of No Breach; No Default Clause in Contracts

No Breach; No Default. (a) None of the execution, delivery and performance by any Obligor of any Credit Document or Transaction Document to which it is a party nor the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, any Organic Document of any Company or any applicable Requirement of Law or any order, writ, injunction or decree of any Governmental Authority binding on any Company, or any term or provision of any Contractual Obligation of any Company or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company pursuant to the terms of any such Contractual Obligation, except with respect to each of the foregoing which is not reasonably likely to have a Material Adverse Effect or which is not reasonably likely to subject any Agent, Lender or Issuing Lender to any material risk of damages or liability to third parties.

Appears in 2 contracts

Samples: Reaffirmation Agreement (Centennial Communications Corp /De), Security Agreement (Centennial Cellular Corp)

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No Breach; No Default. (a) None of the execution, delivery and performance by any Obligor each of the Obligors of any Credit Document or Transaction Document to which it is a party nor and the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, under (a) any Organic Document of any Company Company, or (b) any applicable Requirement of Law or any order, writ, injunction or decree of any Governmental Authority binding on any Company, or any term or provision of any Contractual Obligation of any Company Company, or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company pursuant to the terms of any such Contractual Obligation, except with respect to each of the foregoing (other than (i)(a)) which is not (either individually or in the aggregate) reasonably likely to have a Material Adverse Effect or which is not reasonably likely to subject any Agent, Lender or Issuing Lender to any material risk of damages or liability to third partiesEffect.

Appears in 2 contracts

Samples: Credit Agreement (Atrium Companies Inc), Credit Agreement (Atrium Companies Inc)

No Breach; No Default. (a) None of the execution, delivery --------------------- and performance by any each Obligor of any Credit Document or Transaction Document to which it is a party nor and the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, any Organic Document of any Company Company, or any applicable Requirement of Law or any order, writ, injunction or decree of any Governmental Authority binding on any Company, or any term or provision of any Contractual Obligation of any Company Company, or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company pursuant to the terms of any such Contractual Obligation, except with respect to each of the foregoing which is could not reasonably likely be expected to have a Material Adverse Effect or which is could not reasonably likely be expected to subject any Agent, Lender Agent or Issuing Lender to any material risk of damages or liability to third parties.

Appears in 1 contract

Samples: Credit Agreement (Princess Beverly Coal Holding Co Inc)

No Breach; No Default. (a) None of the execution, delivery and performance by any Obligor each of the Obligors and Parent of any Credit Document or Transaction Document to which it is a party nor and the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, any Organic Document of any Company or Parent, or any applicable Requirement of Law or any order, writ, injunction or decree of any Governmental Authority binding on any CompanyCompany or Parent, or any term or provision of any Contractual Obligation of any Company or Parent, or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company or Parent pursuant to the terms of any such Contractual Obligation, except with respect to each of the foregoing which is not (either individually or in the aggregate) reasonably likely to have a Material Adverse Effect or which is not reasonably likely to subject any Agent, Lender or Issuing Lender to any material risk of damages or liability to third partiesEffect.

Appears in 1 contract

Samples: Credit Agreement (Atrium Companies Inc)

No Breach; No Default. (aA) None of the execution, delivery and performance by any Obligor of any Credit Document or Transaction Document to which it is a party nor the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, any Organic Document of any Company or any applicable Requirement of Law or any order, writ, injunction or decree of any Governmental Authority binding on any Company, or any term or provision of any Contractual Obligation of any Company or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company pursuant to the terms of any such Contractual Obligation, except with respect to each of the foregoing which is could not reasonably likely be expected to have a Material Adverse Effect or and which is would not reasonably likely to subject any Agent, Lender or Issuing Lender Creditor to any material risk of damages or liability to third parties.

Appears in 1 contract

Samples: Credit Agreement (Quest Diagnostics Inc)

No Breach; No Default. (a) None of the execution, delivery and performance by any Obligor each of the Obligors of any Credit Document or Transaction Document to which it is a party nor and the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, any Organic Document of any Company Company, or any applicable Requirement of Law or any order, writ, injunction or decree of any Governmental Authority binding on any Company, or any term or provision of any Contractual Obligation of any Company Company, or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company pursuant to the terms of any such Contractual Obligation, except with respect to each of the foregoing which is not (either individually or in the aggregate) reasonably likely to have a Material Adverse Effect or which is not reasonably likely to subject any Agent, Lender or Issuing Lender to any material risk of damages or liability to third partiesEffect.

Appears in 1 contract

Samples: Credit Agreement (Atrium Companies Inc)

No Breach; No Default. (a) None of the execution, --------------------- delivery and performance by any each Obligor of any Credit Document or any other Transaction Document to which it is a party nor and the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, any Organic Document the charter or by-laws of any Company Company, or any applicable Requirement of Law law or regulation, or any order, writ, injunction or decree of any Governmental Authority binding on any Company, or any term or provision of any Contractual Obligation of to which any Company is a party or by which any of them or any of their Property is bound or to which any of them is subject, or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company pursuant to the terms of any such Contractual Obligationagreement or instrument, except with respect to each of the foregoing which is would not reasonably likely to (either individually or in the aggregate) have a Material Adverse Effect or which is not reasonably likely to subject any Agent, Lender or Issuing Lender to any material risk of damages or liability to third partiesEffect.

Appears in 1 contract

Samples: Credit Agreement (Krasovec Frank P)

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No Breach; No Default. (a) None of the execution, delivery and performance by any each Obligor of any Credit Document or Transaction Document to which it is a party nor and the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, any Organic Document of any Company Company, or any applicable Requirement of Law or any order, writ, injunction or decree of any Governmental Authority binding on any Company, or any term or provision of any Contractual Obligation of any Company Company, or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company pursuant to the terms of any such Contractual Obligation, except with respect to each of the foregoing which is not reasonably likely to have a Material Adverse Effect or which is not reasonably likely to subject any Agent, Lender or Issuing Lender to any material risk of damages or liability to third parties.

Appears in 1 contract

Samples: Credit Agreement (Pricellular Corp)

No Breach; No Default. (a) None of Neither the execution, delivery and performance by any Obligor of any Credit Document or Transaction Document to which it is a party nor the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, any Organic Document of any Company or any applicable Requirement of Law or any order, writ, injunction or decree of any Governmental Authority binding on any Company, or any term or provision of any Contractual Obligation of any Company or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company pursuant to the terms of any such Contractual Obligation, except with respect to each of the foregoing which is not reasonably likely to have a Material Adverse Effect or which is not reasonably likely to subject any Agent, Lender or Issuing Lender to any material risk of damages or liability to third parties.

Appears in 1 contract

Samples: Credit Agreement (Centennial Communications Corp /De)

No Breach; No Default. (a) None of the execution, delivery ---------------------- and performance by any each Obligor of any Credit Document or Transaction Document to which it is a party nor and the consummation of the transactions herein and therein contemplated (including the Transactions) will (i) conflict with or result in a breach of, or require any consent (which has not been obtained and is in full force and effect) under, any Organic Document of any Company Company, or any applicable Requirement of Law or any order, writ, injunction or decree of any Governmental Authority binding on any Company, or any term or provision of any Contractual Obligation of any Company Company, or (ii) constitute (with due notice or lapse of time or both) a default under any such Contractual Obligation, or (iii) result in the creation or imposition of any Lien (except for the Liens created pursuant to the Security Documents) upon any Property of any Company pursuant to the terms of any such Contractual Obligation, except with respect to each of the foregoing which is could not reasonably likely be expected to have a Material Adverse Effect or which is could not reasonably likely be expected to subject any Agent, Lender or Issuing Lender to any material risk of damages or liability to third parties.

Appears in 1 contract

Samples: Credit Agreement (Princess Beverly Coal Holding Co Inc)

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