Common use of No Breach or Violation Clause in Contracts

No Breach or Violation. The consummation of the transaction contemplated by this Agreement shall not result in or constitute any of the following: (i) A breach of any term or provision of this Agreement; (ii) A default or event that, upon notice or lapse of time or both, would be a default, breach or violation of the Articles of Incorporation or Bylaws of Seller, or any lease, license, promissory note, contract, commitment or other agreement, instrument or arrangement to which Seller is a party; (iii) An event that would permit any party to terminate any agreement.

No Breach or Violation. The consummation of the transaction contemplated by this Agreement shall not result in or constitute any of the following: (i) A breach of any term or provision of this Agreement; (ii) A default or event that, upon notice or lapse of time or both, would be a default, breach or violation of the Articles of Incorporation or Bylaws of SellerSELLER, or any lease, license, promissory note, contract, commitment or other agreement, instrument or arrangement to which Seller is a party; (iii) An event that would permit any party to terminate any agreement.