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: (i) a default or an event that, with notice or lapse of time or both, would be a default, breach, or violation of the articles of incorporation or bylaws of Company or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which any Shareholder or Company is a party or by which any of them or the property of any of them is bound; or (ii) the creation or imposition of any lien, charge, or encumbrance on any of the properties of Company.

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: (i) a default or an event that, with notice or lapse of time or both, would be a default, breach, or violation of the articles of incorporation in Company or bylaws of Company Buyer or Parent or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which any Shareholder Buyer or Company Parent is a party or by which any either of them or the their property of any of them is bound; or (ii) the creation or imposition of any lien, charge, or encumbrance on any of the properties of CompanyBuyer or Parent.

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: (i) a default or an event that, with notice or lapse of time or both, would be a default, breach, or violation of the articles certificate of incorporation or bylaws of Company Buyer or Parent or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which any Shareholder Buyer or Company Parent is a party or by which any either of them or the their property of any of them is bound; or (ii) the creation or imposition of any lien, charge, or encumbrance on any of the properties of CompanyBuyer or Parent.

Agreement Will Not Cause Breach or Violation. The consummation of the transactions contemplated by this agreement will not result in or nor constitute any of the following: (i1) a breach of any term or provision of this agreement; (2) a default or an any event that, with notice or lapse of time or both, would be a default, breach, or violation of the articles of incorporation or bylaws of Company Corporation or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which any Shareholder Shareholders, or Company Corporation, is a party or by which any of them or the property of any of them is bound; (3) an event that would permit any party to terminate any agreement or to accelerate the maturity of any indebtedness or other obligation of Corporation; or (ii4) the creation or imposition of any lien, charge, or encumbrance on any of the properties of CompanyCorporation.

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: (i) a default or an event that, with notice or lapse of time or both, would be a default, breach, or violation of the articles of incorporation organization or bylaws operating agreement of Company or any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which any Shareholder Member or Company is a party or by which any either of them or the property of any either of them is bound; or (ii) the creation or imposition of any lien, charge, or encumbrance on any of the properties of Company.

Agreement Will Not Cause Breach or Violation. The Except as set forth on Section 2.19 of Schedule 2, the consummation of the transactions contemplated by this agreement will not result in or constitute any of the following: (i) a default or an event that, with notice or lapse of time or both, would be a default, breach, or violation of the articles certificate of incorporation formation or bylaws operating agreement of Company or any material lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, or other agreement, instrument, or arrangement to which any Shareholder Member or Company is a party or by which any either of them or the property of any either of them is bound; or (ii) the creation or imposition of any lien, charge, charge or encumbrance on any of the properties of Company, other than Permitted Liens.