Common use of CONSENT AND APPROVALS; NO VIOLATION Clause in Contracts

CONSENT AND APPROVALS; NO VIOLATION. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby will (a) conflict with or result in any breach of any provision of the Company's Amended and Restated Articles of Incorporation or Amended and Restated By-laws; (b) require any consent, approval, authorization or permit of, or filing with or notification to; any governmental entity other than those that have been made or obtained; (c) result in a default (or give rise to any right of amendment, termination, cancellation, consent, acceleration or loss of material benefit) under the terms, conditions or provisions of any material agreement to which the Company is a party or by which any of the property or assets of the Company may be bound, except in such cases where the requisite waivers or consents have been obtained; or (d) violate any judgment, order, writ, decree, law, rule or regulation applicable to the Company, in each case that would have a material adverse effect on the legality, validity or enforceability of this Agreement or the Company's performance of its obligations hereunder.

Appears in 2 contracts

Samples: Share Purchase Agreement (Box Ships Inc.), Share Purchase Agreement (Box Ships Inc.)

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CONSENT AND APPROVALS; NO VIOLATION. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby will (a) conflict with or result in any breach of any provision of the CompanyPurchaser's Amended and Restated Articles of Incorporation respective organizational or Amended and Restated By-lawscharter documents; (b) require any consent, approval, authorization or permit of, or filing with or notification to; any governmental entity other than those that have been made or obtained; (c) result in a default (or give rise to any right of amendment, termination, cancellation, consent, acceleration or loss of material benefit) under the terms, conditions or provisions of any material agreement to which the Company any Purchaser is a party or by which any of the property or assets of the Company any Purchaser may be bound, except in such cases where the requisite waivers or consents have been obtained; or (d) violate any judgment, order, writ, decree, law, rule or regulation applicable to the Companyany Purchaser, in each case that would have a material adverse effect on the legality, validity or enforceability of this Agreement or the Company's performance by such party of its obligations hereunder.

Appears in 2 contracts

Samples: Share Purchase Agreement (Box Ships Inc.), Share Purchase Agreement (Box Ships Inc.)

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CONSENT AND APPROVALS; NO VIOLATION. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby will (ai) conflict with or result in any breach of any provision of the Company's Amended and Restated Articles organizational or charter documents of Incorporation or Amended and Restated By-laws; the Buyer, (bii) require any consent, approval, authorization or permit of, or filing with or notification to; any governmental entity Governmental Authority or other third-party other than those that have been made or obtained; (ciii) result in a default (or give rise to any right of amendment, termination, cancellation, consent, acceleration or loss of material benefit) under the terms, conditions or provisions of any material agreement to which the Company Buyer is a party or by which any of the property or assets of the Company Buyer may be bound, except in such cases where the requisite waivers or consents have been obtained; or (div) violate any judgment, order, writ, decree, law, rule or regulation applicable to the Company, in each case Buyer that would have a material adverse effect on the legality, validity or enforceability of this Agreement or the Company's performance by the Buyer of its obligations hereunder.

Appears in 1 contract

Samples: Share Purchase Agreement (DryShips Inc.)

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