Common use of Effect of entering into this Agreement Clause in Contracts

Effect of entering into this Agreement. Compliance with the terms of this Agreement or Closing does not and will not: (i) conflict with or result in the breach of or constitute a default under any of the terms, conditions or provisions of: (A) any agreement or instrument to which any of the Companies are now a party, including the Transaction Documents; or (B) each of the Companies’ Limited Liability Agreement or give rise to or cause to become exercisable any right of pre-emption or right of first refusal; or (C) any loan to or mortgage created by any of the Companies or any lien, lease, order, judgment, award, injunction, decree, ordinance or regulation or any other restriction of any kind or character to which any property of any of the Companies are subject or by which any of the Companies are bound; (ii) result in any present or future Indebtedness becoming due or capable of becoming due and payable prior to its stated maturity; (iii) relieve any other party to an agreement or arrangement with any of the Companies, including the Transaction Documents, of its obligations thereunder (whether contractual or otherwise) or enable it to vary or terminate its rights or obligations thereunder or determine any right or benefit enjoyed by any of the Companies or to exercise any right, whether under an agreement with, or otherwise in respect of, any of the Companies; (iv) result in the creation or imposition of any Security Interest on any assets of any of the Companies; (v) cause any of the Companies to lose the benefit of any right or privilege it presently enjoys; (vi) cause any person who normally does business with any of the Companies not to continue to do so on the same basis as previously; or (vii) cause any licence or authority necessary or desirable for the continuation of any of the Companies respective businesses to be determined or not renewed or continued or renewed on less favourable terms.

Effect of entering into this Agreement. Compliance with the terms of this Agreement or Closing does not and will not: (ia) conflict with or result in the breach of or constitute a default under any of the terms, conditions or provisions of: (Ai) any agreement or instrument to which any of the Companies are now a party, including the Transaction DocumentsContracts; or (Bii) each of the Companies’ ' Limited Liability Agreement Agreements or give rise to or cause to become exercisable any right of pre-emption or right of first refusal; or (Ciii) any loan to or mortgage created by any of the Companies or any lien, lease, order, judgment, award, injunction, decree, ordinance or regulation or any other restriction of any kind or character to which any property of any of the Companies are subject or by which any of the Companies are bound; (iib) result in any present or future Indebtedness becoming due or capable of becoming due and payable prior to its stated maturity; (iiic) relieve any other party to an agreement or arrangement with any of the Companies, including the Transaction DocumentsContracts, of its obligations thereunder (whether contractual or otherwise) or enable it to vary or terminate its rights or obligations thereunder or determine any right or benefit enjoyed by any of the Companies or to exercise any right, whether under an agreement with, or otherwise in respect of, any of the Companies; (ivd) result in the creation or imposition of any Security Interest on any assets of any of the Companies; (ve) cause any of the Companies to lose the benefit of any right or privilege it they presently enjoysenjoy; (vif) cause any person who normally does business with any of the Companies not to continue to do so on the same basis as previously; or (viig) cause any licence or authority necessary or desirable for the continuation of any of the Companies respective businesses Companies' business to be determined or not renewed or continued or renewed on less favourable terms.

Effect of entering into this Agreement. Compliance with the terms of this Agreement or Closing does not and will not: (ia) conflict with or result in the breach of or constitute a default under any of the terms, conditions or provisions of: (Ai) any agreement or instrument to which any of the Companies are Company is now a party, including the Transaction DocumentsContracts; or (Bii) each of the Companies’ Company’s Limited Liability Agreement or give rise to or cause to become exercisable any right of pre-emption or right of first refusal; or (Ciii) any loan to or mortgage created by any of the Companies Company or any lien, lease, order, judgment, award, injunction, decree, ordinance or regulation or any other restriction of any kind or character to which any property of any of the Companies are Company is subject or by which any of the Companies are Company is bound; (iib) result in any present or future Indebtedness becoming due or capable of becoming due and payable prior to its stated maturity; (iiic) relieve any other party to an agreement or arrangement with any of the CompaniesCompany, including the Transaction DocumentsContracts, of its obligations thereunder (whether contractual or otherwise) or enable it to vary or terminate its rights or obligations thereunder or determine any right or benefit enjoyed by any of the Companies Company or to exercise any right, whether under an agreement with, or otherwise in respect of, any of the CompaniesCompany; (ivd) result in the creation or imposition of any Security Interest on any assets of any of the CompaniesCompany; (ve) cause any of the Companies Company to lose the benefit of any right or privilege it either of them presently enjoys; (vif) cause any person who normally does business with any of the Companies Company not to continue to do so on the same basis as previously; or (viig) cause any licence or authority necessary or desirable for the continuation of any of the Companies Company’s respective businesses business to be determined or not renewed or continued or renewed on less favourable terms.

Effect of entering into this Agreement. Compliance with the terms of this Agreement or Closing does not and will not: (ia) conflict with or result in the breach of or constitute a default under any of the terms, conditions or provisions of: (Ai) any agreement or instrument to which any of the Companies are now a party, including the Transaction DocumentsContracts; or (Bii) each of the Companies’ Navion Bergen LLC’s Limited Liability Agreement or give rise to or cause to become exercisable any right of pre-emption or right of first refusal; (iii) the articles and constitutional documents of Navion Bergen AS or give rise to or cause to become exercisable any right of pre-emption or right of first refusal; or (Civ) any loan to or mortgage created by any either of the Companies or any lien, lease, order, judgment, award, injunction, decree, ordinance or regulation or any other restriction of any kind or character to which any property of any of the Companies are subject or by which any of the Companies are bound; (iib) result in any present or future Indebtedness becoming due or capable of becoming due and payable prior to its stated maturity; (iiic) relieve any other party to an agreement or arrangement with any of the Companies, including the Transaction DocumentsContracts, of its obligations thereunder (whether contractual or otherwise) or enable it to vary or terminate its rights or obligations thereunder or determine any right or benefit enjoyed by any of the Companies or to exercise any right, whether under an agreement with, or otherwise in respect of, any of the Companies; (ivd) result in the creation or imposition of any Security Interest on any assets of any of the Companies; (ve) cause any of the Companies to lose the benefit of any right or privilege it either of them presently enjoys; (vif) cause any person who normally does business with any either of the Companies not to continue to do so on the same basis as previously; or (viig) cause any licence or authority necessary or desirable for the continuation of any of the Companies Companies’ respective businesses business to be determined or not renewed or continued or renewed on less favourable terms.

Effect of entering into this Agreement. Compliance with the terms of this Agreement or Closing does not and will not: (ia) conflict with or result in the breach of or constitute a default under any of the terms, conditions or provisions of: (Ai) any agreement or instrument to which any of the Companies are now a party, including the Transaction DocumentsContracts; or (Bii) each of the Companies’ Navion Gothenburg LLC’s Limited Liability Agreement or give rise to or cause to become exercisable any right of pre-emption or right of first refusal; (iii) the articles and constitutional documents of Navion Gothenburg AS or give rise to or cause to become exercisable any right of pre-emption or right of first refusal; or (Civ) any loan to or mortgage created by any either of the Companies or any lien, lease, order, judgment, award, injunction, decree, ordinance or regulation or any other restriction of any kind or character to which any property of any of the Companies are subject or by which any of the Companies are bound; (iib) result in any present or future Indebtedness becoming due or capable of becoming due and payable prior to its stated maturity; (iiic) relieve any other party to an agreement or arrangement with any of the Companies, including the Transaction DocumentsContracts, of its obligations thereunder (whether contractual or otherwise) or enable it to vary or terminate its rights or obligations thereunder or determine any right or benefit enjoyed by any of the Companies or to exercise any right, whether under an agreement with, or otherwise in respect of, any of the Companies; (ivd) result in the creation or imposition of any Security Interest on any assets of any of the Companies; (ve) cause any of the Companies to lose the benefit of any right or privilege it either of them presently enjoys; (vif) cause any person who normally does business with any either of the Companies not to continue to do so on the same basis as previously; or (viig) cause any licence or authority necessary or desirable for the continuation of any of the Companies Companies’ respective businesses business to be determined or not renewed or continued or renewed on less favourable terms.