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 Flux of its obligations hereunder, do not, nor will with the giving of notice or passage of time or both: 2.2.1 conflict with or result in a breach of any of the provisions of the Articles of Incorporation of Flux, as amended to date or the Nevada Revised Statutes; 2.2.2 contravene any law, ordinance, rule, or regulation of any State or Commonwealth or political subdivision of either or of the United States, or contravene any order, writ, judgment, injunction, decree, determination, or award of any court or other authority having jurisdiction, or cause the suspension or revocation of any authorization, consent, approval, or license, presently in effect, which affects or binds, Flux or any of its material properties; 2.2.3 conflict with, result in termination of, contravene, constitute a default under, give to others any rights of termination or cancellation of, or accelerate the performance required by or maturity of, result in the creation of any lien or loss of any rights, or result in a material breach of, or default under, any material indenture, loan, credit agreement, mortgage, deed of trust, note, bond, franchise, lease, contract or any other agreement or instrument binding upon Flux, or to which Flux is subject; or 2.4.4 require the authorization, consent, approval, or license of, or the submission of any notice, report or other filing with, any third party, including any governmental agency.

Appears in 2 contracts

Samples: Contribution Agreement (Brazil Minerals, Inc.), Contribution Agreement (Flux Technologies, Corp.)

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Absence of Breach; No Consents. The execution, delivery, and performance of this Agreement, and the performance by Flux TIC of its obligations hereunder, do not, nor will with the giving of notice or passage of time or both: 2.2.1 4.3.1. conflict with or result in a breach of any of the provisions of the Articles of Incorporation or Bylaws of Flux, as amended to date or the Nevada Revised StatutesTIC; 2.2.2 4.3.2. contravene any lawLaw, ordinance, rule, or regulation of any State or Commonwealth or political subdivision of either or of the United States, or contravene any order, writ, judgment, injunction, decree, determination, or award of any court or other authority having jurisdiction, or cause the suspension or revocation of any authorization, consent, approval, or license, presently in effect, which affects or binds, Flux or TIC, except in any of its material propertiessuch case where such contravention will not have a Material Adverse Effect; 2.2.3 4.3.3. conflict with, result in termination of, contravene, constitute a default under, give to others any rights of termination or cancellation of, or accelerate the performance required by or maturity of, result in the creation of any lien or loss of any rights, or result in a material breach of, or default under, any material indenture, loan, credit agreement, mortgage, deed of trust, note, bond, franchise, lease, contract or any other agreement or instrument binding upon FluxTIC, or to which Flux TIC is subject; or 2.4.4 4.3.4. require the authorization, consent, approval, or license of, or the submission of any notice, report or other filing with, any third party, including any governmental agencyGovernmental Agency.

Appears in 2 contracts

Samples: Share Purchase Agreement (Tengtu International Corp), Share Purchase Agreement (Tengtu International Corp)

Absence of Breach; No Consents. The execution, delivery, and performance of this Agreement, and the performance by Flux BMIX of its obligations hereunder, do not, nor will with the giving of notice or passage of time or both: 2.2.1 conflict with or result in a breach of any of the provisions of the Articles of Incorporation of FluxBMIX, as amended to date date, or the Nevada Revised Statutes; 2.2.2 contravene any law, ordinance, rule, or regulation of any State or Commonwealth or political subdivision of either or of the United States, or contravene any order, writ, judgment, injunction, decree, determination, or award of any court or other authority having jurisdiction, or cause the suspension or revocation of any authorization, consent, approval, or license, presently in effect, which affects or binds, Flux BMIX or any of its material properties; 2.2.3 conflict with, result in termination of, contravene, constitute a default under, give to others any rights of termination or cancellation of, or accelerate the performance required by or maturity of, result in the creation of any lien or loss of any rights, or result in a material breach of, or default under, any material indenture, loan, credit agreement, mortgage, deed of trust, note, bond, franchise, lease, contract or any other agreement or instrument binding upon FluxBMIX, or to which Flux BMIX is subject; or 2.4.4 require the authorization, consent, approval, or license of, or the submission of any notice, report or other filing with, any third party, including any governmental agency.

Appears in 1 contract

Samples: Exchange Agreement (Brazil Minerals, Inc.)

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Absence of Breach; No Consents. The execution, delivery, and performance of this Agreement, and the performance by Flux TALRAM of its obligations hereunder, do not, nor will with the giving of notice or passage of time or both: 2.2.1 2.4.1 conflict with or result in a breach of any of the provisions of the Articles of Incorporation or Bylaws of Flux, as amended to date or the Nevada Revised StatutesTALRAM; 2.2.2 2.4.2 contravene any law, ordinance, rule, or regulation of any State or Commonwealth or political subdivision of either or of the United States, or contravene any order, writ, judgment, injunction, decree, determination, or award of any court or other authority having jurisdiction, or cause the suspension or revocation of any authorization, consent, approval, or license, presently in effect, which affects or binds, Flux or TALRAM, except in any of its material propertiessuch case where such contravention will not have a Material Adverse Effect; 2.2.3 2.4.3 conflict with, result in termination of, contravene, constitute a default under, give to others any rights of termination or cancellation of, or accelerate the performance required by or maturity of, result in the creation of any lien or loss of any rights, or result in a material breach of, or default under, any material indenture, loan, credit agreement, mortgage, deed of trust, note, bond, franchise, lease, contract or any other agreement or instrument binding upon FluxTALRAM, or to which Flux TALRAM is subject; or 2.4.4 require the authorization, consent, approval, or license of, or the submission of any notice, report or other filing with, any third party, including any governmental agency.

Appears in 1 contract

Samples: Capital Stock Exchange Agreement (Talram Corp)

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