Common use of Approvals; No Violation Clause in Contracts

Approvals; No Violation. No consent, approval, authorization or order of any court or governmental agency or body is required to be obtained by the Sellers for the consummation of the transactions contemplated by this Agreement. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereunder will (i) violate any statute, regulation, injunction, judgment, order, decree or ruling to which either Seller is subject, nor will it require the authorization or approval of, or the filing of any notice with any governmental agency or authority; or (ii) result in a violation or breach of any term or provision of, or constitute a default under, the Company’s Certificate of Formation, operating agreement or any Contract to which either Seller and/or the Company is a party or by which it is bound; or (iii) result in any lien, charge, pledge, encumbrance or limitation on alienability of any kind upon the Acquired Interests.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Monterey Capital Acquisition Corp)

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Approvals; No Violation. No consent, approval, authorization or order of any court or governmental agency or body is required to be obtained by the Sellers Purchaser for the consummation of the transactions contemplated by this Agreement. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereunder will (i) violate any statute, regulation, injunction, judgment, order, decree or ruling to which either Seller the Purchaser is subject, nor will it require the authorization or approval of, or the filing of any notice with any governmental agency or authority; or (ii) result in a violation or breach of any term or provision of, or constitute a default under, the CompanyPurchaser’s Certificate of Formation, operating agreement Incorporation or Bylaws or any Contract to which either Seller and/or the Company Purchaser is a party or by which it is bound; or (iii) result in any lien, charge, pledge, encumbrance or limitation on alienability of any kind upon the Acquired InterestsStock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Monterey Capital Acquisition Corp)

Approvals; No Violation. No consent, approval, authorization or order of any court or governmental agency or body is required to be obtained by the Sellers Seller for the consummation of the transactions contemplated by this Agreement. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereunder will (i) violate any statute, regulation, injunction, judgment, order, decree or ruling to which either Seller ​ ​ is subject, nor will it require the authorization or approval of, or the filing of any notice with any governmental agency or authority; or (ii) result in a violation or breach of any term or provision of, or constitute a default under, the Company’s Certificate of Formation, operating agreement or any Contract to which either Seller and/or the Company is a party or by which it is bound; or (iii) result in any lien, charge, pledge, encumbrance or limitation on alienability of any kind upon the Acquired InterestsStock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Monterey Capital Acquisition Corp)

Approvals; No Violation. No consent, approval, authorization or order of any court or governmental agency or body is required to be obtained by the Sellers Purchaser for the consummation of the transactions contemplated by this Agreement. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereunder will (i) violate any statute, regulation, injunction, judgment, order, decree or ruling to which either Seller the Purchaser is subject, nor will it require the authorization or approval of, or the filing of any notice with any governmental agency or authority; or (ii) result in a violation or breach of any term or provision of, or constitute a default under, the CompanyPurchaser’s Certificate of Formationorganizational documents, operating agreement or any Contract to which either Seller and/or the Company Purchaser is a party or by which it is bound; or (iii) result in any lien, charge, pledge, encumbrance or limitation on alienability of any kind upon the Acquired InterestsStock.

Appears in 1 contract

Samples: Stock Purchase Agreement (Monterey Capital Acquisition Corp)

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Approvals; No Violation. No consent, approval, authorization or order of any court or governmental agency or body is required to be obtained by the Sellers Seller for the consummation of the transactions contemplated by this Agreement. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereunder will (i) violate any statute, regulation, injunction, judgment, order, decree or ruling to which either the Seller is subject, nor will it require the authorization or approval of, or the filing of any notice with any governmental agency or authority; or (ii) result in a violation or breach of any term or provision of, or constitute a default under, the CompanySeller’s Certificate of Formation, operating agreement or any Contract to which either the Seller and/or the Company is a party or by which it is bound; or (iii) result in any lien, charge, pledge, encumbrance or limitation on alienability of any kind upon the Acquired Interests.. ​

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Monterey Capital Acquisition Corp)

Approvals; No Violation. No consent, approval, authorization or order of any court or governmental agency or body is required to ​ ​ ​ ​ be obtained by the Sellers Purchaser for the consummation of the transactions contemplated by this Agreement. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereunder will (i) violate any statute, regulation, injunction, judgment, order, decree or ruling to which either Seller the Purchaser is subject, nor will it require the authorization or approval of, or the filing of any notice with any governmental agency or authority; or (ii) result in a violation or breach of any term or provision of, or constitute a default under, the CompanyPurchaser’s Certificate of Formationorganizational documents, operating agreement or any Contract to which either Seller and/or the Company Purchaser is a party or by which it is bound; or (iii) result in any lien, charge, pledge, encumbrance or limitation on alienability of any kind upon the Acquired Interests.. ​

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Monterey Capital Acquisition Corp)

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