Contravention. Neither the execution, delivery and performance of this Agreement and the other Sale Agreements by the Purchaser nor the consummation of the Transactions by the Purchaser will (with or without notice or lapse of time or both) (a) violate or breach any provision of the Purchaser's organizational or governing documents, (b) violate or breach any Regulation by which the Purchaser or any of its properties may be bound or affected, or (c) breach or result in a default under any material Contract to which the Purchaser is a party or by which the Purchaser or any of its properties may be bound or affected.
Appears in 2 contracts
Samples: Second Amended And (Scan Optics Inc), Subscription and Repurchase Agreement (Scan Optics Inc)
Contravention. Neither the The execution, delivery and performance of this Agreement and the other Sale Agreements by the Purchaser nor the consummation of the Transactions by the Purchaser transactions contemplated hereby will not (i) conflict with or without notice or lapse of time or both) (a) violate or breach any provision of the Purchaser's Buyer’s organizational or governing documents, (bii) violate any law, rule or breach any Regulation regulation by which the Purchaser Buyer or any of its properties may be bound or affected, affected or (ciii) breach conflict with or result in a default under any material Contract contract or other material agreement to which the Purchaser Buyer is a party or by which the Purchaser it or any of its properties may be bound or affected.
Appears in 1 contract
Contravention. Neither the execution, delivery and performance of this Agreement and the other Sale Agreements by the Purchaser nor the consummation of the Transactions by the Purchaser transactions contemplated hereby will (with or without notice or lapse of time or both) (ai) violate conflict with or breach any provision of the PurchaserCompany's organizational or governing charter documents, (bii) violate any statute, law, rule, regulation or breach any Regulation order by which the Purchaser Company or any of its properties may be bound or affected, or (ciii) breach conflict with or result in a default under any material Contract contract or agreement to which the Purchaser Company is a party or by which the Purchaser it or any of its properties may be bound or affected.
Appears in 1 contract