Common use of No Conflict with Restrictions; No Default Clause in Contracts

No Conflict with Restrictions; No Default. Neither the execution, delivery and performance of this Agreement nor the consummation by such Partner of the transactions contemplated hereby (i) will conflict with, violate or result in a breach of any of the terms, conditions or provisions of any law, regulation, order, writ, injunction, decree, determination or award of any court, any governmental department, board, agency or instrumentality, domestic or foreign, or any arbitrator, applicable to such Partner, (ii) will conflict with, violate, result in a breach of or constitute a default under any of the terms, conditions or provisions of the organizational documents of such Partner or of any material agreement or instrument to which such Partner is a party or by which such Partner is or may be bound or to which any of its material properties or assets is subject, (iii) will conflict with, violate, result in a breach of, constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, or give to others any material interests or rights or require any consent, authorization or approval under any indenture, mortgage, lease agreement or instrument to which such Partner is a party or by which such Partner is or may be bound, or (iv) will result in the creation or imposition of any lien upon any of the material properties or assets of such Partner.

Appears in 2 contracts

Samples: OCI Resources LP, OCI Resources LP

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No Conflict with Restrictions; No Default. Neither the execution, delivery and performance of this Agreement nor the consummation by such Partner Member of the transactions contemplated hereby (i) will conflict with, violate violate, or result in a breach of any of the terms, conditions or provisions of any law, regulation, order, writ, injunction, decree, determination determination, or award of any court, any governmental department, board, agency agency, or instrumentality, domestic or foreign, or any arbitrator, applicable to such PartnerMember, (ii) will conflict with, violate, result in a breach of of, or constitute a default under any of the terms, conditions or provisions of the organizational documents articles of incorporation, bylaws, articles of organization, operating agreement or partnership agreement of such Partner Member or of any material agreement or instrument to which such Partner Member is a party or by which such Partner Member is or may be bound or to which any of its material properties or assets is subject, (iii) will conflict with, violate, result in a breach of, constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, or give to others any material interests or rights rights, or require any consent, authorization or approval under any indenture, mortgage, lease agreement or instrument to which such Partner Member is a party or by which such Partner Member is or may be bound, or (iv) will result in the creation or imposition of any lien upon any of the material properties or assets of such PartnerMember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (MGP Ingredients Inc)

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No Conflict with Restrictions; No Default. Neither the execution, delivery and performance of this Agreement nor the consummation by such Partner of the transactions contemplated hereby to occur on or about the Effective Date (i) will conflict with, violate or result in a breach breach, whether with notice or lapse of time or both, of any of the terms, conditions or provisions of any law, regulation, order, writ, injunction, decree, determination or award of any court, any governmental department, board, agency or instrumentality, domestic or foreign, or any arbitrator, applicable to such Partner, (ii) will conflict with, violate, result in a breach of or constitute a default under under, whether with notice or lapse of time or both, any of the terms, conditions or provisions of the organizational documents articles of incorporation or bylaws of such Partner or of any material agreement or instrument to which such Partner is a party or by which such Partner is or may be bound or to which any of its material properties or assets is subjectPartner, (iii) will conflict with, violate, result in a breach of, of or constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, or give to others any material interests or rights or require any consent, authorization or approval under any indenture, note, bond, mortgage, lease agreement or other instrument or agreement to which such Partner is a party or by which such Partner is or may be bound, or (iv) will result in the creation or imposition of any lien lien, claim, charge or encumbrance upon any of the material properties or assets of such Partner.. (c)

Appears in 1 contract

Samples: Agreement (Pepco Holdings Inc)

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