Common use of Agreement Will Not Cause Breach or Violation Clause in Contracts

Agreement Will Not Cause Breach or Violation. The consummation of the transactions contemplated by this Agreement will not result in or constitute any of the following: (a) a breach of any term or provision of this Agreement; (b) a default or an event that, with notice, lapse of time, or both, would be a default, breach, or violation of the articles of incorporation or bylaws of Seller or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which it is bound; (c) an event that would permit any party to terminate any agreement or to accelerate the maturity of any indebtedness or other obligation of Seller; or (d) the creation or imposition of any lien, charge, or encumbrance on any of the properties of Seller.

Agreement Will Not Cause Breach or Violation. The consummation of the transactions contemplated by this Agreement will not result in or constitute any of the following: (a) a breach of any term or provision of this Agreement; (bi) a default or an event that, with notice, notice or lapse of time, time or both, would be a default, breach, or violation of the articles of incorporation or bylaws of Seller OFP or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which it OFP is a party or by which OFP or its property is bound; (cii) an event that would permit any party to terminate any agreement or to accelerate the maturity of any indebtedness or other obligation of SellerOFP; or (diii) the creation or imposition of any lien, charge, or encumbrance on any of the properties of SellerOFP.

Agreement Will Not Cause Breach or Violation. The Except as set forth as Schedule 6.20, the consummation of the transactions contemplated by this Agreement will not result in or constitute any of the following: (a) a breach of any term or provision of this Agreement; (b) a default or an event that, with notice, lapse notice or passage of time, or both, would be a default, breach, breach or violation of the articles certificate of incorporation or bylaws of Seller or the Corporation, any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, instrument or arrangement to which it the Shareholder or the Corporation is a party or by which they or any of their property are bound; (cb) an event that would permit any party to terminate any agreement or to accelerate the maturity of any indebtedness or other obligation of Sellerthe Corporation; or (dc) the creation or imposition of any lienLien, charge, or encumbrance on any of the properties of Sellerthe Corporation.

Agreement Will Not Cause Breach or Violation. The consummation of the transactions contemplated by this Agreement will not result in or constitute any of the following: : (a) a breach of any term or provision of this Agreement; 235 (b) a default or an event that, with notice, lapse of time, or both, would be a default, breach, or violation of the articles of incorporation or bylaws of Seller Corporation or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which it any Shareholder or Corporation is a party or by which any of them or the property of any of them is bound; ; (c) an event that would permit any party to terminate any agreement or to accelerate the maturity of any indebtedness or other obligation of SellerCorporation; or or (d) the creation or imposition of any lien, charge, or encumbrance on any of the properties of SellerCorporation.

Agreement Will Not Cause Breach or Violation. The Neither the entry into this Agreement nor the consummation of the transactions contemplated by this Agreement hereby will not result in or constitute any of the followingfollowing events where the occurrence of such event would render Seller materially unable to comply with this Agreement: (a) a breach of any term or provision of this Agreement; (b) a default or an event that, with notice, notice or lapse of time, time or both, would be a default, breach, breach or violation of the articles of incorporation or bylaws of Seller or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, trust or other agreement, instrument, instrument or arrangement to which it is boundarrangement; (cb) an event that would permit any party to terminate any agreement or to accelerate the maturity of any indebtedness or other obligation of Sellerobligation; or (dc) the creation or imposition of any lien, charge, charge or encumbrance on any of the properties Subject Assets; or (d) the violation of Sellerany law, regulation, ordinance, judgment, order or decree.

Agreement Will Not Cause Breach or Violation. The consummation of the transactions contemplated by this Agreement will not result in or constitute any of the following: (a) a breach of any term or provision of this Agreement; (b) a default or an event that, with notice, lapse of time, or both, would be a default, breach, or violation of the articles of incorporation or bylaws of Seller or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which it Seller is a party or by which Seller, the Business or the Assets are bound; (c) an event that would permit any party to terminate any agreement or to accelerate the maturity of any indebtedness or other obligation of Seller; or (d) the creation or imposition of any lien, charge, or encumbrance on any of the properties of SellerBusiness or the Assets.