Common use of No Breach of Statute or Contract Clause in Contracts

No Breach of Statute or Contract. Neither the execution and delivery of this Agreement nor compliance with the terms and provisions of this Agreement on the part of LMP or NewCo: (i) will breach any applicable statute or regulation of any governmental authority, domestic or foreign; or (ii) will conflict with or result in any breach of any of the terms, conditions or provisions of any judgment, order, injunction, decree, or any agreement or instrument to which LMP or NewCo are a party, or by which LMP or NewCo may be bound, or constitute a default thereunder, or result in the creation or imposition of any lien, charge, encumbrance, or restriction of any nature whatsoever upon, or give to others, any interests or rights, including rights of termination or cancellation in, or with respect to, any of the obligations hereunder.

No Breach of Statute or Contract. Neither the execution and delivery of this Agreement nor compliance with the terms and provisions of this Agreement on the part of LMP or NewCoNewCos: (i) will breach any applicable statute or regulation of any governmental authority, domestic or foreign; or (ii) will conflict with or result in any breach of any of the terms, conditions or provisions of any judgment, order, injunction, decree, or any agreement or instrument to which LMP or NewCo NewCos are a party, or by which LMP or NewCo NewCos may be bound, or constitute a default thereunder, or result in the creation or imposition of any lien, charge, encumbrance, or restriction of any nature whatsoever upon, or give to others, any interests or rights, including rights of termination or cancellation in, or with respect to, any of the obligations hereunder.