Common use of Conflicts; Consents Clause in Contracts

Conflicts; Consents. (a) The execution and delivery by Buyer of this Agreement and the other Transaction Documents to which Buyer is or will be a party does not, and the consummation of the transactions contemplated hereby and thereby will not, violate any provision of the Organizational Documents of Buyer; result in the creation of any Encumbrance (other than Permitted Encumbrances) upon any material asset of Buyer, 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 or entity the right to terminate, accelerate or modify any obligation or benefit under, any contract, lease, permit or order to which Buyer is a party or by which Buyer or its assets are bound or affected.

Conflicts; Consents. (a) The execution and delivery by Buyer Seller of this Agreement and the other Transaction Documents to which Buyer Seller is or will be a party does not, and the consummation of the transactions contemplated hereby and thereby will not, violate any provision of the Organizational Documents of BuyerSeller; result in the creation of any Encumbrance (other than Permitted Encumbrances) upon any material asset of Buyerthe Purchased Assets, conflict with or result in a breach of, require a consentConsent, 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 or entity the right to terminate, accelerate or modify any obligation or benefit under, any contract, lease, permit or order to which Buyer Seller is a party or by which Buyer Seller or its assets the Purchased Assets are bound or affected.