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

CONSENT AND APPROVALS; NO VIOLATION. Neither the execution and delivery of this Agreement by Seller nor the consummation by Seller of the transactions contemplated hereby will (a) conflict with or result in any breach or violation of, or constitute a default under, any note, pledge, trust, commitment, agreement or other instrument or obligation to which Seller is a party or by which Seller or any of its properties may be bound, (b) require any consent, approval, authorization or permit of, or filing with or notification to, any court, governmental authority or other regulatory or administrative agency or commission, domestic or foreign ("Governmental Entity"), or (c) violate any statute or any order, decree, injunction, rule or regulation of any Governmental Entity applicable to Seller.

Appears in 4 contracts

Samples: Option Agreement (Michaels Stores Inc), Option Agreement (Trident Trust Co Iom LTD), Option Agreement (Trident Trust Co Iom LTD)

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