Common use of Ability to Carry Out Obligations Clause in Contracts

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM and the performance by NAGM of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGM.

Appears in 2 contracts

Samples: Agreement (North American Gaming & Entertainment Corp), Agreement (North American Gaming & Entertainment Corp)

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Ability to Carry Out Obligations. The execution and delivery of this Agreement agreement by NAGM the Company and the performance by NAGM the Company of its obligations hereunder in the time and manner contemplated will not cause, constitute constitute, or conflict with with, or result in any of the following: (a) any a breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, mortgage instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM the Company is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an any event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; or the Company, or, (c) an event that would result in the creation or imposition of any lien, charge or charge, encumbrance on any the asset of NAGMthe Company.

Appears in 2 contracts

Samples: Acquisition Agreement (Econnect), Acquisition Agreement (Econnect)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM GeniSys and the performance by NAGM GeniSys of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM GeniSys is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; GeniSys, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMGeniSys.

Appears in 2 contracts

Samples: Agreement (Igenisys Inc), Agreement (Igenisys Inc)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM NIS and the performance by NAGM NIS of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM NIS is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; NIS, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMNIS.

Appears in 2 contracts

Samples: Agreement (Nationwide Financial Solutions, Inc.), Agreement (Nationwide Financial Solutions, Inc.)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM Holdings and the performance by NAGM Holdings of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (ai) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM Holdings is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (bii) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; Holdings, or (ciii) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMHoldings.

Appears in 2 contracts

Samples: Share Purchase Agreement (Global Employment Holdings, Inc.), Share Purchase Agreement (Global Employment Holdings, Inc.)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM NCPI and the performance by NAGM of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (aI) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charter, instrument, article certificate of incorporation, bylaw, bylaw or other agreement or instrument to which NAGM it is a party, party or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be by required; , (bii) an event that would permit any party to any agreement or instrument to terminate would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; obligation, or (ciii) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMasset.

Appears in 1 contract

Samples: Share Exchange Agreement (DCC Acquisition Corp)

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

Appears in 1 contract

Samples: Exchange Agreement (Imtek Office Solutions Inc)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM CapitalCo and the performance by NAGM CapitalCo of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM CapitalCo is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; CapitalCo, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMCapitalCo.

Appears in 1 contract

Samples: Agreement (Dixie Lee International Industries, Inc.)

Ability to Carry Out Obligations. The execution and delivery of this Agreement agreement by NAGM eBet and the performance by NAGM eBet of its his obligations hereunder in the time and manner contemplated will not cause, constitute constitute, or conflict with with, or result in any of the following: (a) any a breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, mortgage instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM eBet is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an any event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; or eBet, or, (c) an event that would result in the creation or imposition of any lien, charge or charge, encumbrance on any the asset of NAGMeBet.

Appears in 1 contract

Samples: Acquisition Agreement (Econnect)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM TANTALLON and the performance by NAGM TANTALLON of its obligations hereunder in the time and manner contemplated will not cause, constitute constitute, or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charge, instrument, article certificate of incorporation, bylaw, or other agreement or instrument to which NAGM TANTALLON is a party, or by which it may be bound, nor will waive any consents or authorizations of any party other than those hereto to be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; TANTALLON, or (c) an event that would result in the creation or imposition of any lien, charge charge, or encumbrance on any asset of NAGMTANTALLON.

Appears in 1 contract

Samples: Agreement (Workfire Com)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM Contributors and the performance by NAGM Contributors of its their obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article articles of incorporation, bylaw, bylaw or other agreement or instrument to which NAGM either Contributor is a party, or by which it either Contributor may be bound, nor will any consents or authorizations authorization of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; Contributors, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMeither of the Contributors.

Appears in 1 contract

Samples: Technology Contribution Agreement (Alchemy Enterprises, Ltd.)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM GOSOLAR and the performance by NAGM GOSOLAR of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM GOSOLAR is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; GOSOLAR, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMGOSOLAR.

Appears in 1 contract

Samples: Agreement (Fresca Worldwide Trading CORP)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM WIN and the performance by NAGM WIN of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM WIN is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; WIN, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMWIN.

Appears in 1 contract

Samples: Agreement (Whitney Russell A)

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Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM ANET and the performance by NAGM ANET of its obligations hereunder in the time and manner contemplated will not cause, constitute constitute, or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, charger, instrument, article certificate of incorporation, bylaw, or other agreement or instrument to which NAGM ANET is a party, or by which it may be bound, nor will waive any consents or authorizations of any party part other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; ANET, or (c) an event that would result in the creation or imposition of any lien, charge charge, or encumbrance on any asset of NAGMANET.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Autotradecenter Com Inc)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM ALRN and the performance by NAGM ALRN of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM ALRN is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; ALRN, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMALRN.

Appears in 1 contract

Samples: Agreement (Seaway Valley Capital Corp)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM FRSC and the performance by NAGM FRSC of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM FRSC is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; FRSC, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMFRSC.

Appears in 1 contract

Samples: Agreement (Fresca Worldwide Trading CORP)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM SystemsUS and the performance by NAGM SystemsUS of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM SystemsUS is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; SystemsUS, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMSystemsUS.

Appears in 1 contract

Samples: Agreement (Dixie Lee International Industries, Inc.)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM B-29 and the performance by NAGM B-29 of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM B-29 is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; B-29, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMB-29.

Appears in 1 contract

Samples: Agreement (Puget Technologies, Inc.)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM PublicCo and the performance by NAGM PublicCo of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM PublicCo is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; PublicCo, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMPublicCo.

Appears in 1 contract

Samples: Agreement (Dixie Lee International Industries, Inc.)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM PUGE and the performance by NAGM PUGE of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM PUGE is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; PUGE, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMPUGE.

Appears in 1 contract

Samples: Agreement (Puget Technologies, Inc.)

Ability to Carry Out Obligations. The execution and delivery of this Agreement by NAGM Interactive and the performance by NAGM Interactive of its obligations hereunder in the time and manner contemplated will not cause, constitute or conflict with or result in (a) any breach or violation of any of the provisions of or constitute a default under any license, indenture, mortgage, instrument, article of incorporation, bylaw, or other agreement or instrument to which NAGM Interactive is a party, or by which it may be bound, nor will any consents or authorizations of any party other than those hereto be required; , (b) an event that would permit any party to any agreement or instrument to terminate it or to accelerate the maturity of any indebtedness or other obligation of NAGM; Interactive, or (c) an event that would result in the creation or imposition of any lien, charge or encumbrance on any asset of NAGMInteractive.

Appears in 1 contract

Samples: Agreement (Torpedo Sports Usa Inc)

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