Common use of Absence of Restrictions and Conflicts Clause in Contracts

Absence of Restrictions and Conflicts. The execution, delivery and performance of this Agreement and the Purchaser Ancillary Documents, the consummation of the transactions contemplated by this Agreement and the Purchaser Ancillary Documents and the fulfillment of and compliance with the terms and conditions of this Agreement and the Purchaser Ancillary Documents do not or will not (as the case may be), with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any benefit under, or permit the acceleration of any obligation under, (a) any term or provision of the charter documents of the Purchaser, (b) any contract to which the Purchaser is a party, (c) any judgment, decree or order of any Governmental Entity to which the Purchaser is a party or by which the Purchaser or any of its properties is bound, or (d) any permit, statute, law, rule or regulation applicable to the Purchaser.

Absence of Restrictions and Conflicts. The execution, delivery and performance of this Agreement and the Purchaser Ancillary Documents, the consummation of the transactions contemplated by this Agreement hereby and the Purchaser Ancillary Documents thereby and the fulfillment of of, and compliance with with, the terms and conditions of hereof this Agreement and the Purchaser Ancillary Documents thereof do not or will shall not (as the case may be), with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any benefit under, or permit the acceleration of any obligation under, (a) any term or provision of the charter documents of the Purchaser, (b) any contract to which the Purchaser is a party, (c) any judgment, decree or order of any Governmental Entity to which the Purchaser is a party or by which the Purchaser or any of its properties is bound, bound or (d) any permit, statute, law, rule or regulation applicable to the Purchaser.

Absence of Restrictions and Conflicts. The execution, delivery and performance of this Agreement and the Purchaser Ancillary DocumentsOther Agreements, the consummation of the transactions contemplated by this Agreement hereby and the Purchaser Ancillary Documents thereby and the fulfillment of and compliance with the terms and conditions of this Agreement and the Purchaser Ancillary Documents Other Agreements do not or and will not (as the case may be)not, with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default Default under, result in the loss of any material benefit under, or permit the acceleration of any obligation under, (ai) any term or provision of the charter documents Articles of the PurchaserIncorporation or Bylaws of Buyer, (bii) any contract Contract to which the Purchaser Buyer is a party, (ciii) any judgment, decree or order of any court or Governmental Entity Authority or agency to which the Purchaser Buyer is a party or by which the Purchaser Buyer or any of its his properties is are bound, or (div) any permit, statute, law, regulation or rule or regulation applicable to Buyer, so as to have, in the Purchasercase of subsections (ii) through (iv) above, a Material Adverse Effect.

Absence of Restrictions and Conflicts. The execution, ------------------------------------- delivery and performance of this Agreement and the Purchaser Ancillary DocumentsOther Agreements, the consummation of the transactions contemplated by this Agreement hereby and the Purchaser Ancillary Documents thereby and the fulfillment of and compliance with the terms and conditions of this Agreement and the Purchaser Ancillary Documents Other Agreements do not or and will not (as the case may be)not, with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any material benefit under, or permit the acceleration of any obligation under, (ai) any term or provision of the charter documents Articles of the PurchaserIncorporation or Bylaws of Buyer, (bii) any contract Contract to which the Purchaser it is a party, (ciii) any judgment, decree or order of any Governmental Entity court or governmental authority or agency to which the Purchaser Buyer is a party or by which the Purchaser Buyer or any of its properties is bound, or (div) any permit, statute, law, regulation or rule or regulation applicable to Buyer, so as to have, in the Purchasercase of subsections (ii) through (iv) above, a Material Adverse Effect on the Shareholders or Midland.

Absence of Restrictions and Conflicts. The execution, delivery and performance of this Agreement and the Purchaser Ancillary DocumentsOther Agreements, the consummation of the transactions contemplated by this Agreement hereby and the Purchaser Ancillary Documents thereby and the fulfillment of and compliance with the terms and conditions of this Agreement and the Purchaser Ancillary Documents Other Agreements do not or and will not (as the case may be)not, with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any material benefit under, or permit the acceleration of any obligation under, (ai) any term or provision of the charter documents Articles of the PurchaserIncorporation or Bylaws of Buyer, (bii) any contract Contract to which the Purchaser it is a party, (ciii) any judgment, decree or order of any Governmental Entity court or governmental authority or agency to which the Purchaser Buyer is a party or by which the Purchaser Buyer or any of its properties is bound, or (div) any permit, statute, law, regulation or rule or regulation applicable to Buyer, so as to have, in the Purchasercase of subsections (ii) through (iv) above, a Material Adverse Effect.

Absence of Restrictions and Conflicts. The execution, delivery and performance of this Agreement and the Purchaser Ancillary DocumentsAgreement, the consummation of the transactions contemplated by this Agreement hereby and the Purchaser Ancillary Documents thereby, and the fulfillment of and compliance with the terms and conditions of this Agreement hereof and the Purchaser Ancillary Documents thereof do not or and will not (as the case may be)not, with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any material benefit under, or permit the acceleration of any obligation under, (ai) any term or provision of the charter documents Articles or Memorandum of the Association or Byelaws of Purchaser, (bii) any contract contract, agreement, commitment or understanding to which the Purchaser is a partyparty or to which Purchaser or any of Purchaser's properties is subject, (cii) any judgment, decree or order of any court or Governmental Entity Authority to which the Purchaser is a party or by which the Purchaser or any of its Purchaser's properties is bound, or (div) any permit, statute, law, regulation or rule or regulation applicable to the Purchaser.

Absence of Restrictions and Conflicts. The execution, delivery and performance of this Agreement and the Purchaser Ancillary Documents, the consummation of the transactions contemplated by this Agreement hereby and the Purchaser Ancillary Documents thereby and the fulfillment of and compliance with the terms and conditions of this Agreement hereunder and the Purchaser Ancillary Documents thereunder do not or will not (as the case may be), with the passing of time or the giving of notice or both, violate or conflict with, constitute a breach of or default under, result in the loss of any benefit under, or permit the acceleration of any obligation under, (a) any term or provision of the charter documents of the Purchaser, (b) any contract to which the Purchaser is a party, (c) any judgment, decree or order of any Governmental Entity governmental entity to which the Purchaser is a party or by which the Purchaser or any of its properties is bound, bound or (d) any permit, statute, law, rule or regulation applicable to the Purchaser.