Common use of Absence of Breach; No Consents Clause in Contracts

Absence of Breach; No Consents. The execution, delivery and performance of this Agreement, and the performance by the Purchaser of its obligations specified by the provisions of this Agreement (except for compliance with any regulatory or licensing laws applicable to the business of the Purchaser, all of which, to the extent applicable to the Purchaser (and to the extent within its Control), will be satisfied in all material respects prior to the Closing) do not (i) conflict with, and will not result in a breach of, any of the provisions of the Certificate of Incorporation or Bylaws of the Purchaser; (ii) contravene any law, rule or regulation of any state or commonwealth, the United States, (except for compliance with regulatory or licensing laws, all of which, to the extent applicable to the Purchaser (and to the extent within the Control of the Purchaser), will be satisfied in all material respects prior to the Closing), or any applicable foreign jurisdiction, or contravene any order, writ, judgment, injunction, decree, determination, or award affecting or obligating the Purchaser, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; (iii) conflict with or result in a material breach of or default pursuant to any material indenture or loan or credit agreement or any other material agreement or instrument to which the Purchaser is a party, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; or (iv) require the authorization, consent, approval or license of any third party of such a nature that the failure to obtain the same would provide a basis for enjoining or otherwise preventing consummation of the Transaction.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Asdar Inc), Asset Purchase Agreement (Asdar Inc), Asset Purchase Agreement (Asdar Group Inc)

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Absence of Breach; No Consents. The execution, delivery and performance of this Agreement, and the performance by the Purchaser Seller of its obligations specified by the provisions of this Agreement (except for compliance with any regulatory or licensing laws applicable to the business of the PurchaserSeller, all of which, and to the extent applicable to and with the Purchaser (and to control of the extent within its Control)Seller, will be satisfied in all material respects prior to the Closing) do not (ia) conflict with, and will not result in a breach of, any of the provisions of the Certificate of Incorporation or Bylaws of the PurchaserSeller; (iib) contravene any law, rule or regulation of any state or commonwealth, the United States, (except for compliance with regulatory or licensing laws, all of which, to the extent applicable to the Purchaser (and to the extent within the Control control of the Purchaser)Seller, will be satisfied in all material respects prior to the Closing), or any applicable foreign jurisdiction, or contravene any order, writ, judgment, injunction, decree, determination, or award affecting or obligating the PurchaserSeller, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; (iiic) conflict with or result in a material breach of or default pursuant to any material indenture or loan or credit agreement or any other material agreement or instrument to which the Purchaser Seller is a party, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; or (ivd) require the authorization, consent, approval or license of any third party of such a nature that the failure to obtain the same would provide a basis for enjoining or otherwise preventing consummation of the Transaction.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Encore Ventures Inc), Asset Purchase Agreement (Too Gourmet Inc)

Absence of Breach; No Consents. The execution, delivery and ------------------------------------------ performance of this Agreement, and the performance by the Purchaser Seller of its obligations specified by the provisions of this Agreement (except for compliance with any regulatory or licensing laws applicable to the business of the PurchaserSeller, all of which, and to the extent applicable to and with the Purchaser (and to control of the extent within its Control)Seller, will be satisfied in all material respects prior to the Closing) do not (ia) conflict with, and will not result in a breach of, any of the provisions of the Certificate of Incorporation or Bylaws of the PurchaserSeller; (iib) contravene any law, rule or regulation of any state or commonwealth, the United States, (except for compliance with regulatory or licensing laws, all of which, to the extent applicable to the Purchaser (and to the extent within the Control control of the Purchaser)Seller, will be satisfied in all material respects prior to the Closing), or any applicable foreign jurisdiction, or contravene any order, writ, judgment, injunction, decree, determination, or award affecting or obligating the PurchaserSeller, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; (iiic) conflict with or result in a material breach of or default pursuant to any material indenture or loan or credit agreement or any other material agreement or instrument to which the Purchaser Seller is a party, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; or (ivd) require the authorization, consent, approval or license of any third party of such a nature that the failure to obtain the same would provide a basis for enjoining or otherwise preventing consummation of the Transaction.

Appears in 1 contract

Samples: Asset Purchase Agreement (Universal Broadband Communications Inc)

Absence of Breach; No Consents. The execution, delivery and ----------------------------------------- performance of this Agreement, and the performance by the Purchaser Seller of its obligations specified by the provisions of this Agreement (except for compliance with any regulatory or licensing laws applicable to the business of the PurchaserSeller, all of which, and to the extent applicable to and with the Purchaser (and to control of the extent within its Control)Seller, will be satisfied in all material respects prior to the Closing) do not (ia) conflict with, and will not result in a breach of, any of the provisions of the Certificate of Incorporation or Bylaws of the PurchaserSeller; (iib) contravene any law, rule or regulation of any state or commonwealth, the United States, (except for compliance with regulatory or licensing laws, all of which, to the extent applicable to the Purchaser (and to the extent within the Control control of the Purchaser)Seller, will be satisfied in all material respects prior to the Closing), or any applicable foreign jurisdiction, or contravene any order, writ, judgment, injunction, decree, determination, or award affecting or obligating the PurchaserSeller, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; (iiic) conflict with or result in a material breach of or default pursuant to any material indenture or loan or credit agreement or any other material agreement or instrument to which the Purchaser Seller is a party, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; or (ivd) require the authorization, consent, approval or license of any third party of such a nature that the failure to obtain the same would provide a basis for enjoining or otherwise preventing consummation of the Transaction.

Appears in 1 contract

Samples: Asset Purchase Agreement (Universal Broadband Communications Inc)

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Absence of Breach; No Consents. The execution, delivery and performance of this Agreement, and the performance by the Purchaser of its obligations specified by the provisions of this Agreement (except for compliance with any regulatory or licensing laws applicable to the business of the Purchaser, all of which, to the extent applicable to the Purchaser (and to the extent within its Control), will be satisfied in all material respects prior to the Closing) do not (ia) conflict with, and will not result in a breach of, any of the provisions of the Certificate of Incorporation or Bylaws of the Purchaser; (iib) contravene any law, rule or regulation of any state or commonwealth, the United StatesStates itself, (except for compliance with regulatory or licensing laws, all of which, to the extent applicable to the Purchaser (and to the extent within the Control control of the Purchaser), will be satisfied in all material respects prior to the Closing), or any applicable foreign jurisdiction, or contravene any order, writ, judgment, injunction, decree, determination, or award affecting or obligating the Purchaser, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; (iiic) conflict with or result in a material breach of or default pursuant to any material indenture or loan or credit agreement or any other material agreement or instrument to which the Purchaser is a party, in such a manner as to provide a basis for enjoining or otherwise preventing consummation of the Transaction; or (ivd) require the authorization, consent, approval or license of any third party of such a nature that the failure to obtain the same would provide a basis for enjoining or otherwise preventing consummation of the Transaction.

Appears in 1 contract

Samples: Asset Purchase Agreement (Omega Med Corp)

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