Common use of No Violation; Consents and Approvals Clause in Contracts

No Violation; Consents and Approvals. The execution and delivery by Acquiree of the Transaction Documents does not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions of the articles of incorporation or by-laws of Acquiree, (b) any Laws applicable to Acquiree or the property or assets of Acquiree, or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of Acquiree under, any Contracts to which Acquiree is a party or by which Acquiree or any of its assets may be bound, except, in the case of clauses (b) and (c), for such conflicts, violations or defaults as to which requisite waivers or consents will have been obtained prior to the Closing or which, individually or in the aggregate, would not have an Acquiree Material Adverse Effect. No Governmental Approval is required to be obtained or made by or with respect to Acquiree or any Acquiree Subsidiary in connection with the execution and delivery of this Agreement or the consummation by Acquiree of the transactions contemplated hereby, except where the failure to obtain such Governmental Approval would not, individually or in the aggregate, have an Material Adverse Effect on Acquiree.

Appears in 4 contracts

Samples: Plan and Agreement (Infinity Capital Group, Inc.), Acquisition Agreement (Aspi, Inc.), Acquisition Agreement (GulfStar Energy, Inc.)

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No Violation; Consents and Approvals. The execution and delivery by Acquiree BBI of the Transaction Documents does not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions of the articles of incorporation or by-laws of AcquireeBBI, (b) any Laws applicable to Acquiree BBI or the property or assets of AcquireeBBI, or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of Acquiree BBI under, any Contracts to which Acquiree BBI is a party or by which Acquiree BBI or any of its assets may be bound, except, (i) BBI is required to obtain the prior consent of Orix Finance Corp. in order to consummate the transactions contemplated hereby, and (ii) in the case of clauses (b) and (c), for such conflicts, violations or defaults as to which requisite waivers or consents will have been obtained prior to the Closing or which, individually or in the aggregate, would not have an Acquiree a Material Adverse Effect. No Governmental Approval is required to be obtained or made by or with respect to Acquiree BBI or any Acquiree BBI Subsidiary in connection with the execution and delivery of this Agreement or the consummation by Acquiree BBI of the transactions contemplated hereby, except where the failure to obtain such Governmental Approval would not, individually or in the aggregate, have an BBI Material Adverse Effect on AcquireeEffect.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Captech Financial Group, Inc), Stock Purchase Agreement (Captech Financial Group, Inc)

No Violation; Consents and Approvals. The execution and delivery by Acquiree BBI of the Transaction Documents does not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions of the articles of incorporation or by-laws of AcquireeBBI, (b) any Laws applicable to Acquiree BBI or the property or assets of AcquireeBBI, or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of Acquiree BBI under, any Contracts to which Acquiree BBI is a party or by which Acquiree BBI or any of its assets may be bound, except, in the case of clauses (b) and (c), for such conflicts, violations or defaults as to which requisite waivers or consents will have been obtained prior to the Closing or which, individually or in the aggregate, would not have an Acquiree BBI Material Adverse Effect. No Except as set forth in Section 4.04 of the BBI Disclosure Schedule, no Governmental Approval is required to be obtained or made by or with respect to Acquiree BBI or any Acquiree BBI Subsidiary in connection with the execution and delivery of this Agreement or the consummation by Acquiree BBI of the transactions contemplated hereby, except where the failure to obtain such Governmental Approval would not, individually or in the aggregate, have an BBI Material Adverse Effect on AcquireeEffect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Captech Financial Group, Inc), Agreement and Plan of Merger (Captech Financial Group, Inc)

No Violation; Consents and Approvals. The execution and delivery by Acquiree of the Transaction Documents does not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions of the articles of incorporation or by-laws of Acquiree, (b) any Laws applicable to Acquiree or the property or assets of AcquireeWIOG, or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of Acquiree WIOG under, any Contracts to which Acquiree WIOG is a party or by which Acquiree WIOG or any of its assets may be bound, except, in the case of clauses (b) and (c), for such conflicts, violations or defaults as to which requisite waivers or consents will have been obtained prior to the Closing or which, individually or in the aggregate, would not have an Acquiree WIOG Material Adverse Effect. No Governmental Approval is required to be obtained or made by or with respect to Acquiree or any Acquiree Subsidiary WIOG in connection with the execution and delivery of this Agreement or the consummation by Acquiree of the transactions contemplated hereby, except where the failure to obtain such Governmental Approval would not, individually or in the aggregate, have an a Material Adverse Effect on AcquireeWIOG.

Appears in 2 contracts

Samples: Share Exchange Agreement (Huber-Flotho Eckhardt), Share Exchange Agreement (T-Rex Oil, Inc.)

No Violation; Consents and Approvals. The execution and delivery by Acquiree of the Transaction Documents does not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions of the articles of incorporation or by-laws of Acquiree, (b) any Laws applicable to Acquiree or the property or assets of AcquireeGIWS, or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of Acquiree GIWS under, any Contracts to which Acquiree GIWS is a party or by which Acquiree GIWS or any of its assets may be bound, except, in the case of clauses (b) and (c), for such conflicts, violations or defaults as to which requisite waivers or consents will have been obtained prior to the Closing or which, individually or in the aggregate, would not have an Acquiree GIWS Material Adverse Effect. No Governmental Approval is required to be obtained or made by or with respect to Acquiree or any Acquiree Subsidiary GIWS in connection with the execution and delivery of this Agreement or the consummation by Acquiree of the transactions contemplated hereby, except where the failure to obtain such Governmental Approval would not, individually or in the aggregate, have an a Material Adverse Effect on AcquireeGIWS .

Appears in 2 contracts

Samples: Plan and Agreement (Legacy Technology Holdings, Inc.), Plan and Agreement of Reorganization (Legacy Technology Holdings, Inc.)

No Violation; Consents and Approvals. The execution and delivery by Acquiree Etelos of the Transaction Documents does not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions of the articles of incorporation or by-laws of AcquireeEtelos, (b) any Laws applicable to Acquiree Etelos or the property or assets of AcquireeEtelos, or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of Acquiree Etelos under, any Contracts to which Acquiree Etelos is a party or by which Acquiree Etelos or any of its assets may be bound, except, in the case of clauses (b) and (c), for such conflicts, violations or defaults as to which requisite waivers or consents will have been obtained prior to the Closing or which, individually or in the aggregate, would not have an Acquiree Etelos Material Adverse Effect. No Except for the Bankruptcy Court’s approval of the Plan, including the issuance of the the Surviving Corporation Common Stock as contemplated by this Agreement and as set forth in Section 3.04 of the Etelos Disclosure Schedule, no Governmental Approval is required to be obtained or made by or with respect to Acquiree Etelos or any Acquiree Etelos Subsidiary in connection with the execution and delivery of this Agreement or the consummation by Acquiree Etelos of the transactions contemplated hereby, except where the failure to obtain such Governmental Approval would not, individually or in the aggregate, have an Etelos Material Adverse Effect on AcquireeEffect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tripath Technology Inc)

No Violation; Consents and Approvals. The execution and delivery by Acquiree of the Transaction Documents does not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions of the articles of incorporation or by-laws of Acquiree, (b) any Laws applicable to Acquiree or the property or assets of Acquiree, or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of Acquiree under, any Contracts to which Acquiree is a party or by which Acquiree or any of its assets may be bound, except, in the case of clauses (b) and (c), for such conflicts, violations or defaults as to which requisite waivers or consents will have been obtained prior to the Closing or which, individually or in the aggregate, would not have an Acquiree Material Adverse Effect. No Governmental Approval is required to be obtained or made by or with respect to Acquiree or any Acquiree Subsidiary in connection with the execution and delivery of this Agreement or the consummation by Acquiree of the transactions contemplated hereby, except where the failure to obtain such Governmental Approval would not, individually or in the aggregate, have an a Material Adverse Effect on Acquiree.

Appears in 1 contract

Samples: Acquisition Agreement (Garner Investments Inc)

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No Violation; Consents and Approvals. The execution and delivery by SKANA and Acquiree of the Transaction Documents this Agreement does not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions of the articles of incorporation or by-laws of SKANA or Acquiree, (b) any Laws applicable to SKANA or Acquiree or the property or assets of SKANA or Acquiree, or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of SKANA or Acquiree under, any Contracts to which SKANA or Acquiree is a party or by which SKANA or Acquiree or any of its their respective assets may be bound, except, in the case of clauses (b) and (c), for such conflicts, violations or defaults as to which requisite waivers or consents will have been obtained prior to the Closing or which, individually or in the aggregate, would not have an Acquiree Material Adverse Effect. No Governmental Approval is required to be obtained or made by or with respect to SKANA or Acquiree or any Acquiree Subsidiary in connection with the execution and delivery of this Agreement or the consummation by Acquiree SKANA of the transactions contemplated hereby, except where the failure to obtain such Governmental Approval would not, individually or in the aggregate, have an a Material Adverse Effect on Acquiree.

Appears in 1 contract

Samples: Share Purchase Agreement (Sun River Energy, Inc)

No Violation; Consents and Approvals. The Except as set forth in Section 2.3 of the Disclosure Letter, the execution and delivery by Acquiree Seller of this Agreement and the Transaction Documents does other Seller Agreements do not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not (a) conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under (i) any provision of the organizational documents of Seller or (ii) any Order or Applicable Law applicable to Seller or the property or assets of Seller or (b) conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions of the articles of incorporation or by-laws of Acquiree, (b) any Laws applicable to Acquiree or the property or assets of Acquiree, or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of Acquiree Seller under, require notice to a third party under, require the payment of a penalty under or increased fees or result in the loss of a benefit under any Contracts Contract to which Acquiree Seller is a party or by which Acquiree Seller or any assets of its assets Seller may be bound; provided, excepthowever, that no representation or warranty is made in the case of foregoing clauses (a)(ii) or (b) and (c), for such conflicts, violations or defaults as with respect to which requisite waivers or consents will have been obtained prior to the Closing or whichmatters that would not, individually or in the aggregate, would not have an Acquiree a Material Adverse Effect. No Governmental Approval of any Governmental Authority is required to be obtained or made by or with respect to Acquiree or any Acquiree Subsidiary Seller in connection with the execution and delivery of this Agreement or the consummation by Acquiree of the transactions contemplated hereby, except where for such filings as may be required under the failure to obtain HSR Act and such authorizations, approvals, notices or filings with any Governmental Approval Authority that, if not obtained or made, would not, individually or in the aggregate, have an a Material Adverse Effect on AcquireeEffect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Compass Group Diversified Holdings LLC)

No Violation; Consents and Approvals. The execution and delivery by Acquiree Buyer of the Transaction Documents does this Agreement do not, and the consummation of the transactions contemplated hereby and thereby and compliance with the terms hereof and thereof will not not, conflict with, or result in any violation of or default (or an event which, with notice or lapse of time or both, would constitute a default) under, (a) the terms and conditions or provisions any provision of the articles Certificate of incorporation Incorporation or by-laws Bylaws of AcquireeBuyer, (b) any Order or Applicable Laws applicable to Acquiree Buyer or the property or assets of Acquiree, Buyer or (c) give rise to any right of termination, cancellation or acceleration under, or result in the creation of any Lien upon any of the properties of Acquiree under, any Contracts to which Acquiree Buyer is a party or by which Acquiree Buyer or any of its assets may be bound, except, in the case of clauses (b) and (c), for such conflicts, violations or defaults as to which requisite waivers or consents will have been obtained prior to the Closing or which, individually or in the aggregate, would not have an Acquiree Material Adverse Effectimpair Buyer's ability to consummate the transactions contemplated hereby. No Governmental Approval is required to be obtained or made by or with respect to Acquiree Buyer or any Acquiree Subsidiary its affiliates in connection with the execution and delivery of this Agreement Agreement, or the consummation by Acquiree Buyer of the transactions contemplated hereby, except where other than, in each case, (i) compliance with and filings under the HSR Act, (ii) compliance with and filings under the Exchange Act, (iii) compliance with and filings under state environmental statutes, (iv) compliance with and filings under applicable governmental and defense industrial security clearances and (v) those the failure of which to obtain such Governmental Approval would notobtain, individually or in the aggregate, have an Material Adverse Effect on Acquireewould not impair Buyer's ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kaman Corp)

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