Common use of Compliance with Applicable Laws; No Defaults Clause in Contracts

Compliance with Applicable Laws; No Defaults. Neither the Company nor the Material Subsidiary is in (i) violation of its certificate or articles of incorporation, by-laws, certificate of formation, limited liability company agreement, partnership agreement or other organizational documents, (ii) default under, and no event has occurred which, with notice or lapse of time or both, would constitute a default under or result in the creation or imposition of any Encumbrance upon any assets of the Company or the Material Subsidiary pursuant to, any Material Agreement to which it is a party or by which it is bound or to which any of its assets is subject, or (iii) violation in any material respect, of any statute, law, rule, regulation, ordinance, directive, judgment, decree or order of any judicial, regulatory or other legal or governmental agency or body applicable to the Company or the Material Subsidiary, except in any such case for violations or defaults that would not (individually or in the aggregate) reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (Uranium Royalty Corp.)

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Compliance with Applicable Laws; No Defaults. Neither the Company nor the any Material Subsidiary is in (i) violation of its certificate or articles of incorporation, by-lawsbylaws, certificate of formation, limited liability company agreement, partnership agreement or other organizational documents, (ii) default under, and no event has occurred which, with notice or lapse of time or both, would constitute a default under or result in the creation or imposition of any Encumbrance Lien upon any assets of the Company or the any Material Subsidiary pursuant to, any Material Agreement indenture, mortgage, deed of trust, loan agreement or other material agreement or instrument to which it is a party or by which it is bound or to which any of its assets is subject, or (iii) violation in any material respect, of any statute, law, rule, regulation, ordinance, directive, judgment, decree or order of any judicial, regulatory or other legal or governmental agency or body applicable to the Company or the any Material Subsidiary, except in any such case for violations or defaults that would not (individually or in the aggregate) reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Equity Distribution Agreement (Sandstorm Gold LTD)

Compliance with Applicable Laws; No Defaults. Neither the Company nor the any Material Subsidiary is in (i) violation of its certificate or articles of incorporation, by-laws, certificate of formation, limited liability company agreement, partnership agreement or other organizational documents, (ii) default under, and no event has occurred which, with notice or lapse of time or both, would constitute a default under or result in the creation or imposition of any Encumbrance upon any assets of the Company or the any Material Subsidiary pursuant to, any Material Agreement to which it is a party or by which it is bound or to which any of its assets is subject, or (iii) violation in any material respect, of any statute, law, rule, regulation, ordinance, directive, judgment, decree or order of any judicial, regulatory or other legal or governmental agency or body applicable to the Company or the any Material Subsidiary, except in any such case for violations or defaults that would not (individually or in the aggregate) reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (Sandstorm Gold LTD)

Compliance with Applicable Laws; No Defaults. Neither the Company nor the any Material Subsidiary is in (i) violation of its certificate or articles of incorporation, by-laws, certificate of formation, limited liability company agreement, partnership agreement or other organizational documents, (ii) default under, and no event has occurred which, with notice or lapse of time or both, would constitute a default under or result in the creation or imposition of any Encumbrance Lien upon any assets of the Company or the any Material Subsidiary pursuant to, any Material Agreement indenture, mortgage, deed of trust, loan agreement or other material agreement or instrument to which it is a party or by which it is bound or to which any of its assets is subject, or (iii) violation in any material respect, of any statute, law, rule, regulation, ordinance, directive, judgment, decree or order of any judicial, regulatory or other legal or governmental agency or body applicable to the Company or the any Material Subsidiary, except in any such case for violations or defaults that would not (individually or in the aggregate) reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Equity Distribution Agreement (Sandstorm Gold LTD)

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Compliance with Applicable Laws; No Defaults. Neither the Company nor the Material ‎Material Subsidiary is in (i) violation of its certificate or articles of incorporation, by‎by-laws, certificate of formation, limited liability company agreement, partnership agreement ‎agreement or other organizational documents, (ii) default under, and no event has ‎has occurred which, with notice or lapse of time or both, would constitute a default ‎default under or result in the creation or imposition of any Encumbrance upon any ‎any assets of the Company or the Material Subsidiary pursuant to, any Material Agreement ‎Agreement to which it is a party or by which it is bound or to which any of its assets ‎assets is subject, or (iii) violation in any material respect, of any statute, law, rule, regulation‎regulation, ordinance, directive, judgment, decree or order of any judicial, regulatory ‎regulatory or other legal or governmental agency or body applicable to the Company ‎Company or the Material Subsidiary, except in any such case for violations or defaults ‎defaults that would not (individually or in the aggregate) reasonably be expected to ‎to have a Material Adverse Effect.Effect.‎

Appears in 1 contract

Samples: Underwriting Agreement (Uranium Royalty Corp.)

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