Common use of BINDING OBLIGATION; NO DEFAULT Clause in Contracts

BINDING OBLIGATION; NO DEFAULT. The execution, delivery and performance of this Agreement does not and will not violate Purchaser's Articles of Incorporation or Bylaws or constitute a default under or a violation of any agreement, order, award, judgment, decree, statute, law, rule, regulation or any other instrument to which Purchaser is a party or by which it or its property is bound or to which it or its property is bound or to which it or its property is subject. This Agreement constitutes the legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms.

BINDING OBLIGATION; NO DEFAULT. The execution, delivery and performance of this Agreement does not and will not violate Purchaser's each of Sellers' Articles of Incorporation or Bylaws bylaws or constitute a default under or a violation of any agreement, order, award, judgment, decree, statute, law, rule, regulation or any other instrument to which Purchaser each of Sellers is a party or by which it or its property is bound or to which it or its property is bound or to which it or its property is subject. This Agreement constitutes the legal, valid and binding obligation of PurchaserSellers, enforceable against Purchaser Sellers in accordance with its terms.

BINDING OBLIGATION; NO DEFAULT. The execution, delivery and performance of this Agreement does not and will not violate Purchaser's Articles of Incorporation or Bylaws bylaws or constitute a default under or a violation of any agreement, order, award, judgment, decree, statute, law, rule, regulation or any other instrument to which Purchaser is a party or by which it or its property is bound or to which it or its property is bound or to which it or its property is subject. This Agreement constitutes the legal, valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms.

BINDING OBLIGATION; NO DEFAULT. The execution, delivery and performance of this Agreement does not and will not violate PurchaserSeller's Articles of Incorporation or Bylaws or constitute a default under or a violation of any agreement, order, award, judgment, decree, statute, law, rule, regulation or any other instrument to which Purchaser Seller is a party or by which it or its property is bound or to which it or its property is bound or to which it or its property is subject. This Agreement constitutes the legal, valid and binding obligation of PurchaserSeller, enforceable against Purchaser Seller in accordance with its terms.

BINDING OBLIGATION; NO DEFAULT. The execution, delivery and performance of this Agreement does not and will not violate PurchaserBuyer's Articles Memorandum of Incorporation or Bylaws Association or constitute a default under or a violation of any agreement, order, award, judgment, decree, statute, law, rule, regulation or any other instrument to which Purchaser Buyer is a party or by which it or its property is bound or to which it or its property is bound or to which it or its property is subject. This Agreement constitutes the legal, valid and binding obligation of PurchaserBuyer, enforceable against Purchaser Buyer in accordance with its terms.