No Default Effected. Neither the execution and delivery of this Agreement by Buyer, nor the consummation of the transactions contemplated hereby, nor the fulfillment of the terms and compliance with the provisions hereof will conflict with or result in a material breach of or a material default (or in an occurrence which with the lapse of time or action by a third party, or both, could result in a material default) with respect to any of the terms, conditions or provisions of any applicable order, writ or decree of any court or of any Governmental Entity applicable to Buyer, or of the Certificate of Incorporation or By-Laws of Buyer, or of any indenture, contract, agreement, lease, or other instrument to which Buyer is a party or subject or by which Buyer or any of its properties or assets are bound, or of any applicable statute, rule, or regulation to which Buyer or its businesses is subject.
Appears in 1 contract
Sources: Asset Purchase Agreement (Craftmade International Inc)
No Default Effected. Neither the execution and delivery of this Agreement by BuyerBuyer or AGI, nor the consummation of the transactions contemplated hereby, nor the fulfillment of the terms and compliance with the provisions hereof will conflict with or result in a material breach of or a material default (or in an occurrence which with the lapse of time or action by a third party, or both, could result in a material default) with respect to any of the terms, conditions or provisions of any applicable order, writ or decree of any court or of any Governmental Entity applicable to BuyerBuyer or AGI, or of the Certificate of Incorporation or By-Laws laws of BuyerBuyer or AGI, or of any indenture, contract, agreement, lease, or other instrument to which Buyer or AGI is a party or subject or by which Buyer or AGI or any of its their properties or assets are bound, or of any applicable statute, rule, or regulation to which Buyer or its AGI or their businesses is are subject.
Appears in 1 contract