Common use of Ability to Carry Out Obligations Clause in Contracts

Ability to Carry Out Obligations. Company has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution and delivery of this Agreement by Company and the performance by Company of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach of violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which Company is a party, or by which either of them may be bound, nor will any consents or authorizations of any party other than those hereto be required; (b) an event that would cause Company to be liable to any party; or (c) an event that would result in the creation or imposition of any lien, charge, encumbrance on any asset of Company.

Ability to Carry Out Obligations. Company has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution and delivery of this Agreement by the Company and the performance by the Company of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach of or violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Company is a party, party or by which either of them they may be bound, nor will any consents or authorizations of any party other than those hereto be required; (b) an event that would cause Company to be liable to any party; required or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of CompanyCompany or upon the Shares.

Ability to Carry Out Obligations. The Company has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution and delivery of this Agreement by Company and the performance by Company of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach of violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which Company is a party, or by which either of them may be bound, nor will any consents or authorizations of any party other than those hereto be required; (b) an event that would cause Company to be liable to any party; or (c) an event that would result in the creation or imposition of any lien, charge, encumbrance on any asset of Company.

Ability to Carry Out Obligations. Company BUYER has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution and delivery of this Agreement by Company the BUYER and the performance by Company the BUYER of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach of or violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which Company the BUYER is a party, party or by which either of them they may be bound, nor will any consents or authorizations of any party other than those hereto be required; (b) an event that would cause Company to be liable to any party; required or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of CompanyCompany or upon the Shares.

Ability to Carry Out Obligations. Company has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution and delivery of this Agreement by the Company and the performance by the Company of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach of or violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylaw, or other agreement or instrument to which the Company is a party, party or by which either of them they may be bound, nor will any consents or authorizations of any party other than those hereto be required; (b) an event that would cause Company to be liable to any party; required or (c) an event that would result in the creation or imposition of any lien, charge, or encumbrance on any asset of CompanyCompany or upon the Stock.

Ability to Carry Out Obligations. Company has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution and delivery of this Agreement by the Company and the Shareholders and the performance by Company the Shareholders of its the obligations hereunder in the time and manner contemplated will not cause, constitute, constitute or conflict with or result in (a) any material breach or violation of violation or any of the provisions of or constitute a material default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylawby-laws, or other agreement or instrument to which Company or the Shareholders is a party, or by which either of them it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would cause Company to be liable permit any party to any party; material agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of Company, or (c) an event that would result in the creation or imposition of any material lien, charge, or encumbrance on any asset of Company.

Ability to Carry Out Obligations. Company has the right, power, and authority to enter into and perform its obligations under this Agreement. The execution and delivery of this Agreement by Company and the performance by Company of its obligations hereunder will not cause, constitute, or conflict with or result in (a) any breach of violation or any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, articles of incorporation, bylawformation, or other agreement or instrument material to the operation of the Company and to which Company is a party, or by which either of them the Company may be bound, nor will any consents or authorizations of any party other than those hereto be required; required except as disclosed in a Schedule to be delivered prior to Closing (b) an event that would cause Company to be liable to any party; or (c) an event that would result in the creation or imposition of any lien, charge, encumbrance on any asset of Company.