Common use of Breach of Statute or Contract Clause in Contracts

Breach of Statute or Contract. (a) The execution, delivery and performance of this Option Agreement by Buyer and the consummation of the transactions contemplated hereby will not: (i) violate or conflict with any provision of the Certificate of Incorporation or by-laws of Buyer; (ii) violate or conflict with, result in the breach or termination of or otherwise give any other contracting party the right to terminate, or constitute a default (or an event which, with the lapse of time, or the giving of notice, or both, will constitute a default) under, any contract or other instrument to which Buyer is a party; or (iii) violate or conflict with any judgment, order, writ, injunction or decree of any court or governmental body of any jurisdiction applicable to Buyer (excluding any judgments, orders, injunctions, decrees or awards in any actions or proceedings involving Seller or its affiliates) or, to the knowledge of Buyer, any law or regulation materially adversely affecting Buyer's ability to consummate the transactions contemplated by this Option Agreement.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Ic Isaacs & Co Inc), Option Agreement (Ic Isaacs & Co Inc)

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Breach of Statute or Contract. (a) The execution, delivery and performance of this Option Agreement by Buyer and the consummation of the transactions contemplated hereby will not: (i) violate or conflict with any provision of the Certificate certificate of Incorporation or by-laws limited partnership and other organizational documents of Buyer; (ii) violate or conflict with, result in the breach or termination of or otherwise give any other contracting party the right to terminate, or constitute a default (or an event which, with the lapse of time, or the giving of notice, or both, will constitute a default) under, any contract or other instrument to which Buyer is a party; or (iii) violate or conflict with any judgment, order, writ, injunction or decree of any court or governmental body of any jurisdiction applicable to Buyer (excluding any judgments, orders, injunctions, decrees or awards in any actions or proceedings involving Seller or its affiliates) or, to the knowledge of Buyer, any law or regulation materially adversely affecting Buyer's ability to consummate the transactions transaction contemplated by this Option Agreement.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Ic Isaacs & Co Inc), Worldwide Rights Acquisition Agreement (Ic Isaacs & Co Inc)

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Breach of Statute or Contract. (a) The execution, delivery and performance of this Option Agreement by Buyer and the consummation of the transactions contemplated hereby will not: (i) violate or conflict with any provision of the Certificate of Incorporation or by-laws of Buyer; (ii) violate or conflict with, result in the breach or termination of or otherwise give any other contracting party the right to terminate, or constitute a default (or an event which, with the lapse of time, or the giving of notice, or both, will constitute a default) under, any contract or other instrument to which Buyer is a party; or (iii) violate or conflict with any judgment, order, writ, injunction or decree of any court or governmental body of any jurisdiction applicable to Buyer (excluding any judgments, orders, injunctions, decrees or awards in any actions or proceedings involving Seller or its affiliates) or, to the knowledge of Buyer, any law or regulation materially adversely affecting Buyer's ability to consummate the transactions transaction contemplated by this Option Agreement.

Appears in 2 contracts

Samples: Rights Acquisition Agreement (Ic Isaacs & Co Inc), Assignment and Assumption Agreement (Ic Isaacs & Co Inc)

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