Conflicts Under Contracts. Other than Contracts entered into in connection with the $44 Million Facility, Seller is not a party to, or bound by, any unexpired, undischarged, or unsatisfied Contract under the terms of which either the execution, delivery and performance by Seller of this Agreement or the consummation of the Transactions by Seller, will require a consent, approval, or notice or result in a Lien on any Shares owned by Seller.
Conflicts Under Contracts. Purchaser is not a party to any unexpired, undischarged or unsatisfied written or oral contract, agreement, indenture, mortgage, debenture, note or other instrument under the terms of which performance by Purchaser according to the terms of this Agreement will be a default or an event of acceleration, or grounds for termination, modification or cancellation, or whereby timely performance by Purchaser according to the terms of this Agreement may be prohibited, prevented or delayed.
Conflicts Under Contracts. The Stockholder is not a party to, or bound by, any unexpired, undischarged or unsatisfied written or oral contract, agreement, indenture, mortgage, debenture, note or other instruments under the terms of which the execution, delivery and performance by the Stockholder of this Agreement and the consummation of the transactions contemplated hereby by the Stockholder will require a consent, approval, or notice or result in a lien on the Shares or other rights to acquire Target Shares owned by the Stockholder, respectively.
Conflicts Under Contracts. Such Principal Stockholder is not a party to, or bound by, any unexpired, undischarged or unsatisfied Contract under the terms of which the execution, delivery and performance by such Principal Stockholder of this Agreement and the consummation of the Transactions by such Principal Stockholder will require a consent, approval, or notice or result in a lien on the Shares owned by such Principal Stockholder.
Conflicts Under Contracts. At Closing, Shadrack will not be a party to, or bound by, any unexpired, undischarged or unsatisfied written or oral contract, agreement, indenture, mortgage, debenture, note or other instruments under the terms of which the execution, delivery and performance by Shadrack of this Agreement and the consummation of the transactions contemplated hereby will require a consent, approval, or notice or result in a lien of the Shadrack Shares.
Conflicts Under Contracts. None of the Sellers is a party to, or bound by, any unexpired, undischarged or unsatisfied written or oral contract, agreement, indenture, mortgage, debenture, note or other instrument under the terms of which performance by it according to the terms of the Transaction Documents will be a default or an event of acceleration, or grounds for termination, modification or cancellation. To the best of Sellers’ knowledge, neither the Company nor any of its subsidiaries is a party to, or bound by, any unexpired, undischarged or unsatisfied written or oral contract, agreement, indenture, mortgage, debenture, note or other instrument under the terms of which performance by Sellers according to the terms of the Transaction Documents will be a default or an event of acceleration, or grounds for termination, modification or cancellation.
Conflicts Under Contracts. The Company is not a party to, or bound by, any unexpired, undischarged or unsatisfied material Contract under the terms of which performance by Sellers of the transactions contemplated by this Agreement will be a default or an event of acceleration, or grounds for termination, modification or cancellation, or would prohibit, prevent or delay timely performance by Sellers of the transactions contemplated by this Agreement, except for the rights and obligations of Sellers under the FSB Operating Agreement.
Conflicts Under Contracts. Neither the Company nor any of the Subsidiaries is a party to, or bound by, any unexpired, undischarged or unsatisfied Contract under the terms of which performance by the Company or the Principal Stockholders according to the terms of this Agreement will be a default or an event of acceleration, or grounds for termination, modification or cancellation, or whereby timely performance by the Company or the Principal Stockholders according to the terms of this Agreement may be prohibited, prevented or delayed.
Conflicts Under Contracts. Except as set forth in Schedule 3.2.6, neither Purchaser nor Merger Sub is a party to, or bound by, any unexpired, undischarged or unsatisfied Contract the terms of which performance by Purchaser or Merger Sub according to the terms of this Agreement will be a default or an event of acceleration, or grounds for termination, modification or cancellation, or whereby timely performance by Purchaser or Merger Sub according to the terms of this Agreement may be prohibited, prevented or delayed.
Conflicts Under Contracts. Neither Seller nor the Bank is a party to, or bound by, any material Contract under the terms of which either the execution and delivery of this Agreement by Seller or the Bank, the Sale, or the consummation by Seller or the Bank of the transactions contemplated hereby, or the request for any Consent to such transactions would reasonably be expected to, with or without notice or lapse of time, be a Default thereunder that would be binding upon the Bank or the Business, result in the creation of a material Lien on any Asset of the Bank, result in a Lien on the Shares owned by Seller, whereby timely performance by Seller or the Bank, as applicable, or consummation of the Sale and the other transactions contemplated by this Agreement according to the terms of this Agreement may be prohibited, prevented, or materially delayed. Neither Seller nor the Bank has entered into any agreement or commitment with any Person that is inconsistent with this Agreement.
