Common use of Non-Contravention; Approvals and Consents Clause in Contracts

Non-Contravention; Approvals and Consents. (a) The execution and delivery of this Agreement by it does not, and the performance by it of its obligations hereunder and the consummation of the transactions contemplated hereby will not, conflict with, result in a violation or breach of, constitute (with or without notice or lapse of time or both) a default under, result in or give to any person any right of payment or reimbursement, termination, cancellation, modification or acceleration of, or result in the creation or imposition of any Lien upon any of its assets or properties under, any of the terms, conditions or provisions of (i) its certificate or articles of incorporation or bylaws (or other comparable charter documents), or (ii) subject to the taking of the actions described in paragraph (b) of this Section, (x) any laws or orders of any Governmental or Regulatory Authority applicable to it or any of its assets or properties, or (y) any Contracts to which it is a party or by which it or any of its assets or properties is bound, excluding from the foregoing clauses (x) and (y) conflicts, violations, breaches, defaults, terminations, modifications, accelerations and creations and impositions of Liens which, individually or in the aggregate, could not be reasonably expected to have a material adverse effect on its ability to consummate the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Restructuring Agreement (Viskase Companies Inc), Restructuring Agreement (Viskase Companies Inc), Restructuring Agreement (Viskase Companies Inc)

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Non-Contravention; Approvals and Consents. (a) The execution and delivery of this Agreement by it does each of NEES and LLC do not, and xxx the performance by it each of NEES and LLC of its obligations hereunder oxxxxations here under and the consummation of the Merger and other transactions contemplated hereby will not, conflict with, result in a violation or breach of, constitute (with or without notice or lapse of time or both) a default under, result in or give to any person any right of payment or reimbursement, termination, cancellation, modification or acceleration of, or result in the creation or imposition of any Lien upon any of its the assets or properties of NEES, or LLC under, any of axx xf the terms, conditions or provisions of (i) its certificate the NEES Agreement and Dexxxxation of Trust or the articles of incorporation or bylaws (or other comparable charter documents)organization of LLC, or (ii) subject to the taking of the actions described in paragraph (b) of this Section, (x) any laws or orders of any Governmental or Regulatory Authority applicable to it NEES or LLC or any of its xxxir respective assets or properties, or (y) any subject to obtaining the third-party consents (the "NEES Required Consentx") set forth in Section 5.04 of the NEES Disclosure Lettex xxy Contracts to which it NEES is a party or by which it xxxch NEES or any of its Suxxxxiaries or any of their respective assets or properties is bound, excluding from the foregoing clauses (x) and (y) conflicts, violations, breaches, defaults, terminations, modifications, accelerations and creations and impositions of Liens which, individually or in the aggregate, could not reasonably be reasonably expected to have a material adverse effect on its ability to consummate the transactions contemplated by this AgreementNEES Material Adverse Xxxect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Eastern Utilities Associates), Agreement and Plan of Merger (Eastern Edison Co)

Non-Contravention; Approvals and Consents. (a) The execution and delivery of this Agreement by it does not, and the performance by it of its obligations hereunder and the consummation of the transactions contemplated hereby will not, conflict with, result in a violation or breach of, constitute (with or without notice or lapse of time or both) a default under, result in or give to any person any right of payment or reimbursement, termination, cancellation, modification or acceleration of, or result in the creation or imposition of any Lien upon any of its assets or properties under, any of the terms, conditions or provisions of (i) its certificate or articles of incorporation or bylaws (or other comparable charter documents), or (ii) subject to the taking of the actions described in paragraph (b) of this Section, (x) any laws Laws or orders Orders of any Governmental or Regulatory Authority applicable to it or any of its assets or properties, or (y) any Contracts to which it is a party or by which it or any of its assets or properties is bound, excluding from the foregoing clauses (x) and (y) conflicts, violations, breaches, defaults, terminations, modifications, accelerations and creations and impositions of Liens which, individually or in the aggregate, could not be reasonably expected to have a material adverse effect on its ability to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Restructuring Agreement (Pentacon Inc)

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Non-Contravention; Approvals and Consents. (a) The execution and delivery of this Agreement by it ANI does not, and the performance by it ANI of its obligations hereunder and the consummation of the transactions contemplated hereby will not, conflict with, result in a violation or breach of, constitute (with or without notice or lapse of time or both) a default under, result in or give to any person any right of payment or reimbursement, termination, cancellation, modification or acceleration of, or result in the creation or imposition of any Lien upon any of its the assets or properties under, of ANI under any of the terms, conditions or provisions of (i) its certificate the certificates or articles of incorporation or bylaws (or other comparable charter documents)) of ANI, or (ii) subject to the taking of the actions described in paragraph (b) of this Section, (x) any laws or orders of any Governmental or Regulatory Authority applicable to it ANI or any of its their respective assets or properties, or (y) any Contracts to which it ANI is a party or by which it ANI or any of its assets or properties is bound, excluding from the foregoing clauses (x) and (y) conflicts, violations, breaches, defaults, terminations, modifications, accelerations and creations and impositions of Liens which, individually or in the aggregate, could not be reasonably expected to have a material adverse effect on its the ability of ANI to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mdi, Inc.)

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