Common use of No Conflict or Default Clause in Contracts

No Conflict or Default. The execution, delivery and performance by the Assignor of this Agreement and the consummation of the Transactions by the Assignor does not and will not: (i) violate, conflict with or result in any breach of any provision of the certificate of incorporation or bylaws (or similar organizational documents) of the Assignor, (ii) require the Assignor or any of its Affiliates to make any filing with, obtain any permit, authorization, consent or approval from, or provide any notification to, any governmental entity, other than approval from the COFECE and the filing of a beneficial ownership report on Schedule 13D or amendments thereto, (iii) result in a violation or breach of, or, with or without due notice or lapse of time or both, constitute a default or give rise to any right of termination, cancellation or acceleration under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, lease, license, contract, agreement or other instrument or obligation to which the Assignor is a party or by which the Assignor’s shares or properties or assets may be bound, or (iv) violate any law or governmental order applicable to the Assignor or its Affiliates, excluding from the foregoing clauses (ii), (iii) and (iv) such violations, breaches or defaults which would not, individually or in the aggregate, materially impede the Assignor’s ability to consummate the Transactions.

Appears in 4 contracts

Samples: Assignment Agreement (Fintech Holdings Inc.), Assignment Agreement (Fintech Holdings Inc.), Assignment Agreement (Fintech Holdings Inc.)

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No Conflict or Default. The execution, delivery and performance by the Assignor Purchaser of this Agreement and each other Transaction Document to which it is a party and the consummation of the Transactions Sale by each of the Assignor Purchaser does not and will not: (i) violate, conflict with or result in any breach of any provision of the certificate of incorporation or bylaws (or similar organizational documents) of the AssignorPurchaser, (ii) except for the Regulatory Approval and the Antitrust Approval and required filings with the SEC or the FCC, require the Assignor or any of its Affiliates Purchaser to make any filing with, obtain any permit, authorization, consent or approval from, or provide any notification to, any governmental entity, other than approval from the COFECE and the filing of a beneficial ownership report on Schedule 13D or amendments theretoGovernmental Entity, (iii) result in a violation or breach of, or, with or without due notice or lapse of time or both, constitute a default or give rise to any right of termination, cancellation or acceleration under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, lease, license, contract, agreement or other instrument or obligation to which the Assignor Purchaser is a party or by which the AssignorPurchaser’s shares or properties or assets may be bound, or (iv) violate any law Law or governmental order Governmental Order applicable to the Assignor or its AffiliatesPurchaser, excluding from the foregoing clauses (ii), (iii) and (iv) such violations, breaches or defaults which would not, individually or in the aggregate, materially impede the Assignor’s Purchaser ability to consummate the TransactionsSale.

Appears in 1 contract

Samples: Stock Purchase Agreement (Telecom Italia S P A)

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