Common use of Breach or Violation Clause in Contracts

Breach or Violation. Seller shall have obtained, or caused to be obtained, each consent and approval necessary in order that the transactions contemplated herein not constitute a breach or violation of, or result in a right of termination or acceleration of, or creation of any encumbrance on any of the Assets, pursuant to the provisions of any agreement, arrangement or undertaking of or affecting Seller or any license, franchise or permit of or affecting Seller.

Appears in 8 contracts

Samples: Asset Purchase Agreement (Bentley International Inc), Asset Purchase Agreement (Factual Data Corp), Asset Purchase Agreement (Factual Data Corp)

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Breach or Violation. Seller Sellers shall have obtained, or caused to be obtained, each consent and approval necessary in order that the transactions contemplated herein not constitute a breach or violation of, or result in a right of termination or acceleration of, or creation of any encumbrance on any of the Assetsits assets, pursuant to the provisions of any agreement, arrangement or undertaking of or affecting Seller ADG or any license, franchise or permit of or affecting SellerADG.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Surna Inc.)

Breach or Violation. Seller shall have obtained, or caused to be ------------------- obtained, each consent and approval necessary in order that the transactions contemplated herein not constitute a breach or violation of, or result in a right of termination or acceleration of, or creation of any encumbrance on any of the Assets, pursuant to the provisions of any agreement, arrangement or undertaking of or affecting Seller or any license, franchise or permit of or affecting Seller.. (h

Appears in 1 contract

Samples: Asset Purchase Agreement (Factual Data Corp)

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Breach or Violation. Seller shall have obtained, or caused to be obtained, each consent and approval necessary in order that the transactions contemplated herein not constitute a breach or violation of, or result in a right of termination or acceleration of, or creation of any encumbrance on any of the Assets, pursuant to the provisions of any agreement, arrangement or undertaking of or affecting Seller or any license, franchise or permit of or affecting Seller.. (h)

Appears in 1 contract

Samples: Asset Purchase Agreement (Factual Data Corp)

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