Violation of Other Instruments and No Defaults Sample Clauses

Violation of Other Instruments and No Defaults. Except as set forth on Schedule 4.1(d), none of the execution and delivery of this Agreement or any other document required to be delivered by the Seller in connection herewith, the fulfillment or compliance with any of the terms hereof or thereof or the consummation of the transactions contemplated hereby or thereby does or will, with or without the giving of notice and/or the passage of time, violate, conflict with or constitute a breach of or a default under (i) any Contract (whether or not in writing) to which the Seller or any of its Subsidiaries is a party or any of its or their respective Properties are subject, (ii) the certificate of incorporation or bylaws of the Seller or any of its Subsidiaries or (iii) any Law to which the Seller or any of its Subsidiaries is subject; nor will such execution, delivery, fulfillment, compliance or consummation result either in acceleration in the time for performance of any obligation of the Seller relating to or affecting any of the Transferred Assets or the Assumed Liabilities or in the creation of any Lien upon any of the Transferred Assets other than Liens in favor of the Buyer; provided, however, that the representation made in clause (i) above shall be conditioned on the delivery of the notices, reports or filings and the receipt of the Consents, in each case, that are set forth on Schedule 4.1(e), it being understood that those Consents set forth on Schedule 3.2(c) shall be obtained prior to the Closing Date unless waived by the Buyer.
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Violation of Other Instruments and No Defaults. None of the execution and delivery of this Agreement or any of the other documents expressly required to be delivered by PBCC in connection herewith, the fulfillment or compliance with any of the terms hereof or thereof, or the consummation of the transactions contemplated hereby or thereby does or will, with or without the giving of notice and/or the passage of time, violate, conflict with or constitute a breach of or a default under (i) any Contract to which PBCC is a party or any of its Property is subject, (ii) PBCC's certificate of incorporation or bylaws, or (iii) any Law to which PBCC is subject; nor will such execution, delivery, fulfillment, compliance or consummation result either in the acceleration of the time for performance of any obligation of PBCC or in the creation of any Lien upon the assets of PBCC.
Violation of Other Instruments and No Defaults. None of the execution and delivery of this Agreement or any of the other documents expressly required to be delivered by the Buyer in connection herewith, the fulfillment or compliance with any of the terms hereof or thereof or the consummation of the transactions contemplated hereby or thereby does or will, with or without the giving of notice and/or the passage of time, violate, conflict with or constitute a breach of or a default under (i) any Contract to which the Buyer is a party or any of its Property is subject, (ii) the Buyer's certificate of incorporation or bylaws or (iii) any Law to which the Buyer is subject; nor will such execution, delivery, fulfillment, compliance or consummation result either in the acceleration of the time for performance of any obligation of the Buyer or in the creation of any Lien upon the assets of the Buyer.

Related to Violation of Other Instruments and No Defaults

  • Authority; Compliance With Other Agreements and Instruments and Government Regulations The execution and delivery by Borrower of the Loan Documents to which it is a Party and payment of the Obligations have been duly authorized by all necessary corporate or company action, as applicable, and do not and will not:

  • Compliance with Other Instruments The execution, delivery and performance by the Purchaser of this Agreement and the consummation by the Purchaser of the transactions contemplated by this Agreement will not result in any violation or default (i) of any provisions of its organizational documents, (ii) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound, (iii) under any note, indenture or mortgage to which it is a party or by which it is bound, (iv) under any lease, agreement, contract or purchase order to which it is a party or by which it is bound or (v) of any provision of federal or state statute, rule or regulation applicable to the Purchaser, in each case (other than clause (i)), which would have a material adverse effect on the Purchaser or its ability to consummate the transactions contemplated by this Agreement.

  • Compliance with Other Instruments, etc The Servicer is not in violation of any term of its certificate of incorporation or by-laws. The execution, delivery and performance by the Servicer of the Transaction Documents to which it is a party do not and will not (i) conflict with or violate the organizational documents of the Servicer, (ii) conflict with or result in a breach of any of the terms, conditions or provisions of, or constitute a default under, or result in the creation of any Lien on any of the properties or assets of the Servicer pursuant to the terms of any instrument or agreement to which the Servicer is a party or by which it is bound where such conflict would have a material adverse effect on the Servicer’s activities or its ability to perform its obligations under the Transaction Documents or (iii) require any consent of or other action by any trustee or any creditor of, any lessor to or any investor in the Servicer.

  • Compliance with Other Instruments, Laws, Etc None of the Borrower, any Guarantor or any of their respective Subsidiaries is in violation of any provision of its charter or other organizational documents, bylaws, or any agreement or instrument to which it is subject or by which it or any of its properties is bound or any decree, order, judgment, statute, license, rule or regulation, in any of the foregoing cases in a manner that has had or could reasonably be expected to have a Material Adverse Effect.

  • Compliance with Laws and Agreements; No Default Except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, each Loan Party and each Subsidiary is in compliance with (i) all Requirement of Law applicable to it or its property and (ii) all indentures, agreements and other instruments binding upon it or its property. No Default has occurred and is continuing.

  • No Violation of Other Agreements Executive hereby represents and agrees that neither (i) Executive’s entering into this Agreement, (ii) Executive’s employment with the Company, nor (iii) Executive’s carrying out the provisions of this Agreement, will violate any other agreement (oral, written or other) to which Executive is a party or by which Executive is bound.

  • Compliance with Laws and Instruments The business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate of Incorporation or By-laws of the Company, (b) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company and (c) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected.

  • Compliance with the Laws and Agreements; No Defaults (a) Each of the Borrower and each Subsidiary is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

  • No Event of Default; Compliance with Instruments No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. None of the Loan Parties or any Subsidiaries of any Loan Party is in violation of (i) any term of its certificate of incorporation, bylaws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

  • Compliance with Material Agreements Each of the Company and its Subsidiaries shall comply in all material respects with the Material Agreements (to the extent not in violation of the other provisions of this Agreement or any other Credit Document). Without the prior written consent of the Required Lenders, no Material Agreement shall be amended, modified, waived or terminated in any manner that would have in any material respect an adverse effect on the interests of the Lenders.

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