Effect of this Transaction. (a) No Adverse Implications: Except as disclosed in Schedule N with respect to certain required consents, neither the execution and delivery of this Agreement nor the completion and performance of the transactions contemplated hereby will: (i) give any person the right to terminate or cancel any contractual or other rights with the Vendor where such termination or cancellation would have a material adverse effect on the Assets or the Business; (ii) violate any restriction of any nature applicable to the Vendor or relating to the disposition of the Assets; (iii) result in the creation of any liens or encumbrances on the Assets or in the default under any agreement giving a third party security against the Assets or in the crystallization of any floating charge in a debenture as general security interest in a security agreement granted, issued or assumed by the Vendor where any of such events could have a material adverse effect on the Assets or the Business; nor (iv) violate any provision of any indenture, mortgage, lien, lease, agreement, instrument, order, arbitration award, judgment or decree to which the Vendor is a party or by which the Vendor or the Assets are bound the violation of which could have a material adverse effect on the Assets or the Business or impair the legality or enforceability of this Agreement or the transactions contemplated hereby.
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Samples: Asset Purchase Agreement (Neptune Society Inc/Fl), Asset Purchase Agreement (Neptune Society Inc/Fl)
Effect of this Transaction. (a) No Adverse Implications: Except as disclosed in Schedule N P with respect to certain required consents, neither the execution and delivery of this Agreement nor the completion and performance of the transactions contemplated hereby will:
(i) give any person person, government or regulatory authority, or any other entity, the right to terminate or cancel any contractual or other rights with the Vendor DMR where such termination or cancellation would have a material adverse effect on the Assets or the Business;
(ii) violate any restriction of any nature applicable to the Vendor DMR or relating to the disposition of the AssetsDMR Shares;
(iii) result in the creation of any liens or encumbrances on the DMR Shares or the Assets or in the default under any agreement giving a third party security against the Assets or in the crystallization of any floating charge in a debenture as general security interest in a security agreement granted, issued or assumed by the Vendor DMR where any of such events could have a material adverse effect on the Assets or the Business; nor
(iv) violate any provision of any indenture, mortgage, lien, lease, agreement, instrument, order, arbitration award, judgment or decree to which the Vendor DMR is a party or by which the Vendor DMR or the Assets are bound the violation of which could have a material adverse effect on the Assets or the Business or impair the legality or enforceability of this Agreement or the transactions contemplated hereby.
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Samples: Share Purchase Agreement (Clearly Canadian Beverage Corp)
Effect of this Transaction. (a) No Adverse Implications: Except as disclosed in Schedule N O with respect to certain required consents, neither the execution and delivery of this Agreement nor the completion and performance of the transactions contemplated hereby will:
(i) give any person the right to terminate or cancel any contractual or other rights with any of the Vendor Operating Entities where such termination or cancellation would have a material adverse effect on the Assets or the Business;
(ii) violate any restriction of any nature applicable to the Vendor Vendors or relating to the disposition of any of the AssetsXxxxxxxxx Shares;
(iii) result in the creation of any liens or encumbrances on the Assets or in the default under any agreement giving a third party security against the Assets or in the crystallization of any floating charge in a debenture as general security interest in a security agreement granted, issued or assumed by the Vendor Operating Entities where any of such events could have a material adverse effect on the Assets or the Business; nor;
(iv) violate any provision of any indenture, mortgage, lien, lease, agreement, instrument, order, arbitration award, judgment or decree to which any of the Vendor Operating Entities is a party or by which any of the Vendor Operating Entities or the Assets are bound the violation of which could have a material adverse effect on the Assets or the Business or impair the legality or enforceability of this Agreement or the transactions contemplated hereby.; nor
(v) be contrary to the provisions of the Charter Documents of the Operating Entities;
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Effect of this Transaction. (a) No Adverse Implications: Except as disclosed in Schedule N M with respect to certain required consents, neither the execution and delivery of this Agreement nor the completion and performance of the transactions contemplated hereby will:
(i) give any person Person the right to terminate or cancel any contractual or other rights with the Vendor Seller where such termination or cancellation would have a material adverse effect on the Assets or the Business;
(ii) violate any restriction of any nature applicable to the Vendor Seller or relating to the disposition of the Assets;
(iii) result in the creation of any liens or encumbrances on the Assets or in the default under any agreement giving a third party security against the Assets or in the crystallization of any floating charge in a debenture as general security interest in a security agreement granted, issued or assumed by the Vendor Seller where any of such events could have a material adverse effect on the Assets or the Business; nor
(iv) violate any provision of any indenture, mortgage, lien, lease, agreement, instrument, order, arbitration award, judgment or decree to which the Vendor Seller is a party or by which the Vendor or the Assets are Seller is bound the violation of which could have a material adverse effect on the Assets or the Business or impair the legality or enforceability of this Agreement or the transactions contemplated hereby.
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