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 Incorporation or Bylaws of Buyer, (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 Encumbrance upon any property or asset of Buyer, pursuant to any material note, bond, mortgage, indenture, license, any agreement or other instrument or obligation, or (iii) subject to the receipt of the Regulatory Approvals, violate any statute, law, writ, injunction, decree, regulation or order of any governmental or regulatory authority.

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 Incorporation Association, or Bylaws By-laws of BuyerSeller, (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 Encumbrance any lien, charge or encumbrance upon any property or asset of BuyerSeller, pursuant to any material note, bond, mortgage, indenture, license, any agreement or other instrument or obligationobligation relating to or affecting the Assets, Deposits or the Branches or the transactions contemplated by this Agreement, or (iii) subject to the receipt of the Regulatory Approvalsregulatory approvals referred to in Section 5.2(d), violate any statute, law, writ, injunction, decree, regulation or order of any governmental or regulatory authorityauthority 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 Incorporation or Bylaws of BuyerSeller, (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 Encumbrance upon any property or asset of BuyerSeller, pursuant to any material note, bond, mortgage, indenture, license, any lease, agreement or other instrument or obligationobligation relating to or affecting the Transferred Assets, Deposits or Offices or the transactions contemplated by this Agreement, or (iii) subject to the receipt of the Regulatory Approvals, violate any statute, law, writ, injunction, decree, regulation or order of any governmental or regulatory authorityGovernmental 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 Incorporation or Bylaws By-Laws of Buyer, (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 Encumbrance any lien, charge or encumbrance upon any property or asset of Buyer, pursuant to any material note, bond, mortgage, indenture, license, any agreement or other instrument or obligation, or (iii) subject to the receipt of the Regulatory Approvalsregulatory approvals referred to in Section 5.1(d), violate any statute, law, writ, injunction, decree, regulation or order of any governmental or regulatory authority.