Common use of Absence of Conflict or Breach Clause in Contracts

Absence of Conflict or Breach. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (i) result in a breach of or conflict with the Articles of Association, or By-laws of Seller, (ii) constitute or result in a breach of any term, condition or provision of, or constitute a default under, or give rise to any right of termination, cancellation or acceleration with respect to, or result in the creation of any lien, charge or encumbrance upon any property or asset of Seller, pursuant to any material note, bond, mortgage, indenture, license, any agreement or other instrument or obligation relating to or affecting the Assets, Deposits or the Branches or the transactions contemplated by this Agreement, or (iii) subject to the receipt of regulatory approvals referred to in Section 5.2(d), violate any statute, law, writ, injunction, decree, regulation or order of any governmental or regulatory authority applicable to Seller.

Absence of Conflict or Breach. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (i) result in a breach of or conflict with the Articles of Association, Incorporation or By-laws Laws of SellerBuyer, (ii) constitute or result in a 14 18 breach of any term, condition or provision of, or constitute a default under, or give rise to any right of termination, cancellation or acceleration with respect to, or result in the creation of any lien, charge or encumbrance upon any property or asset of SellerBuyer, pursuant to any material note, bond, mortgage, indenture, license, any agreement or other instrument or obligation relating to or affecting the Assets, Deposits or the Branches or the transactions contemplated by this Agreementobligation, or (iii) subject to the receipt of regulatory approvals referred to in Section 5.2(d5.1(d), violate any statute, law, writ, injunction, decree, regulation or order of any governmental or regulatory authority applicable to Sellerauthority.

Absence of Conflict or Breach. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (i) result in a breach of or conflict with the Articles of Association, Incorporation or By-laws Bylaws of SellerBuyer, (ii) constitute or result in a breach of any term, condition or provision of, or constitute a default under, or give rise to any right of termination, cancellation or acceleration with respect to, or result in the creation of any lien, charge or encumbrance Encumbrance upon any property or asset of SellerBuyer, pursuant to any material note, bond, mortgage, indenture, license, any agreement or other instrument or obligation relating to or affecting the Assets, Deposits or the Branches or the transactions contemplated by this Agreementobligation, or (iii) subject to the receipt of regulatory approvals referred to in Section 5.2(d)the Regulatory Approvals, violate any statute, law, writ, injunction, decree, regulation or order of any governmental or regulatory authority applicable to Sellerauthority.

Absence of Conflict or Breach. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (i) result in a breach of or conflict with the Articles of Association, Incorporation or By-laws Bylaws of Seller, (ii) constitute or result in a material breach of any term, condition or provision of, or constitute a default under, or give rise to any right of termination, cancellation or acceleration with respect to, or result in the creation of any lien, charge or encumbrance Encumbrance upon any property or asset of Seller, pursuant to any material note, bond, mortgage, indenture, license, any lease, agreement or other instrument or obligation relating to or affecting the Transferred Assets, Deposits or the Branches Offices or the transactions contemplated by this Agreement, or (iii) subject to the receipt of regulatory approvals referred to in Section 5.2(d)Regulatory Approvals, violate any statute, law, writ, injunction, decree, regulation or order of any governmental or regulatory authority Governmental Authority applicable to Seller.