Conflicts; Consents. The execution and delivery by TribalRides of this Agreement and the Transaction Documents does not, and the consummation of the transactions associated with this Agreement and the Transaction Documents will not: (a) violate any provision of the Organizational Documents of TribalRides; (b) result in the creation of any Encumbrance upon the Purchased Assets, nor will it conflict with or result in a breach of, require a Consent, create an event of default (or event that, with the giving of notice or lapse of time or both, would constitute an event of default) under, or give any Person the right to terminate, accelerate or modify any obligation or benefit under, any Assumed Contract or by which the Purchased Assets are bound or affected; (c) result in a violation of, or require the Consent, other action by, or registration, declaration or filing with or notice to, any Governmental Authority under any Applicable Law or Order applicable to the Purchased Assets. There is no pending or, to TribalRides’ Knowledge, threatened Proceeding against TribalRides or any TribalRides Shareholder before any Governmental Authority, to restrain or prevent the consummation of the transactions contemplated under this Agreement and the Transaction Documents or that might affect the right of XNDA to own and control the Purchased Assets; and (d) violate the UCC lien filings on the assets of TribalRides; and (e) contravene any Applicable Law.
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Samples: Asset Purchase Agreement (Tribal Rides International Corp.), Asset Purchase Agreement (Xinda International Corp.)
Conflicts; Consents. The execution and delivery by TribalRides CCI and the CCI Management of this Agreement and the Transaction Documents does not, and the consummation of the transactions associated with this Agreement and the Transaction Documents will not:
(a) violate any provision of the Organizational Documents of TribalRidesCCI;
(b) result in the creation of any Encumbrance upon the provision of any of CCI's services, the Purchased Assets, nor will it conflict with or result in a breach of, require a Consent, create an event of default (or event that, with the giving of notice or lapse of time or both, would constitute an event of default) under, or give any Person the right to terminate, accelerate or modify any obligation or benefit under, any Assumed Contract to which CCI is a party or by which the Purchased Assets are bound or affected;
(c) result in a violation of, or require the Consent, other action by, or registration, declaration or filing with or notice to, any Governmental Authority under any Applicable Law or Order applicable to CCI, the provision of any of CCI's services or the Purchased Assets. There is no pending or, to TribalRides’ CCI's Knowledge, threatened Proceeding against TribalRides CCI or any TribalRides CCI Shareholder before any Governmental Authority, to restrain or prevent the consummation of the transactions contemplated under this Agreement and the Transaction Documents or that might affect the right of XNDA Buyer to own and control the Purchased Assets; and
(d) violate the UCC lien filings on the assets of TribalRidesCCI; and
(e) contravene any Applicable Law.
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Conflicts; Consents. The execution and delivery by TribalRides Glamourous of this Agreement and the Transaction Documents does not, and the consummation of the transactions associated with this Agreement and the Transaction Documents will not:
(a) violate any provision of the Organizational Documents of TribalRidesGlamourous;
(b) result in the creation of any Encumbrance upon the Purchased Assets, nor will it conflict with or result in a breach of, require a Consent, create an event of default (or event that, with the giving of notice or lapse of time or both, would constitute an event of default) under, or give any Person the right to terminate, accelerate or modify any obligation or benefit under, any Assumed Contract or by which the Purchased Assets are bound or affected;
(c) result in a violation of, or require the Consent, other action by, or registration, declaration or filing with or notice to, any Governmental Authority under any Applicable Law or Order applicable to the Purchased Assets. There is no pending or, to TribalRides’ Glamourous' Knowledge, threatened Proceeding against TribalRides Glamourous or any TribalRides Glamourous Shareholder before any Governmental Authority, to restrain or prevent the consummation of the transactions contemplated under this Agreement and the Transaction Documents or that might affect the right of XNDA LDSN to own and control the Purchased Assets; and
(d) violate the UCC lien filings on the assets of TribalRidesGlamourous; and
(e) contravene any Applicable Law.
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Conflicts; Consents. The execution and delivery by TribalRides Bodhisattva Investment Group of this Agreement and the Transaction Documents does not, and the consummation of the transactions associated with this Agreement and the Transaction Documents will not:
(a) violate any provision of the Organizational Documents of TribalRidesBodhisattva Investment Group;
(b) result in the creation of any Encumbrance upon the Purchased Assets, nor will it conflict with or result in a breach of, require a Consent, create an event of default (or event that, with the giving of notice or lapse of time or both, would constitute an event of default) under, or give any Person the right to terminate, accelerate or modify any obligation or benefit under, any Assumed Contract or by which the Purchased Assets are bound or affected;
(c) result in a violation of, or require the Consent, other action by, or registration, declaration or filing with or notice to, any Governmental Authority under any Applicable Law or Order applicable to the Purchased Assets. There is no pending or, to TribalRides’ Bodhisattva Investment Group' Knowledge, threatened Proceeding against TribalRides Bodhisattva Investment Group or any TribalRides Bodhisattva Investment Group Shareholder before any Governmental Authority, to restrain or prevent the consummation of the transactions contemplated under this Agreement and the Transaction Documents or that might affect the right of XNDA LNPR to own and control the Purchased Assets; and
(d) violate the UCC lien filings on the assets of TribalRidesBodhisattva Investment Group; and
(e) contravene any Applicable Law.
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