Common use of Effect of Transactions Clause in Contracts

Effect of Transactions. The execution, delivery and performance of this Agreement and the transactions contemplated hereby, and compliance with the provisions hereof by the Company, do not and will not, with or without the passage of time or the giving of notice or both, (a) violate, in any material respect, any provision of law, statute, rule or regulation or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body or (b) conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Company under the Certificate of Incorporation or Bylaws, as amended to date, of the Company or any material note, indenture, mortgage, lease, agreement, contract, purchase order or other material instrument, document or agreement to which the Company is a party or by which it or any of its properties or assets is bound or affected, except as would not have a Material Adverse Effect on the Company.

Appears in 7 contracts

Samples: Exclusive License and Supply Agreement (Ribapharm Inc), Exclusive License and Supply Agreement (Icn Pharmaceuticals Inc), Exclusive License and Supply Agreement (Icn Pharmaceuticals Inc)

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Effect of Transactions. The execution, delivery and performance of this Agreement, the Right of First Refusal and Co-Sale Rights Agreement and the transactions contemplated herebySeries A, B and C Amendment and any other agreements, instruments, or documents entered into by the Company pursuant to this Agreement, the Right of First Refusal and Co-Sale Rights Agreement or the Series A, B and C Amendment, the issuance, sale and delivery of the Shares and the Conversion Shares, and compliance with the provisions hereof and thereof by the Company, do not and will not, with or without the passage of time or the giving of notice or both, (a) violate, in any material respect, violate any provision of law, statute, rule or regulation or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body or (b) conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Company under the Certificate Restated Articles of Incorporation Organization or Bylaws, as amended to date, By-Laws of the Company or any material note, indenture, mortgage, lease, agreement, contract, purchase order or other material instrument, document or agreement to which the Company is a party or by which it or any of its properties or assets property is bound or affected, except as would not have a Material Adverse Effect on the Company.

Appears in 2 contracts

Samples: Series E Convertible Preferred Stock Purchase Agreement (Exa Corp), Series F Convertible Preferred Stock Purchase Agreement (Exa Corp)

Effect of Transactions. The execution, delivery and performance of this Agreement the Transaction Documents, the issuance, sale and delivery of the transactions contemplated herebySecurities, and compliance with the provisions hereof and thereof by the Company, do not and will not, with or without the passage of time or the giving of notice or both, (a) violate, in any material respect, violate any provision of law, statute, rule or regulation or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body or body’s (b) conflict with with, or result in any breach of of, any of the terms, conditions or provisions of, or constitute a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Company under the Certificate of Incorporation or Bylaws, as amended to date, By-Laws of the Company or under any material note, indenture, mortgage, lease, agreement, contract, purchase order or other material instrument, document or agreement to which the Company is a party or by which it or any of its properties or assets is bound or affected, except as would not have a Material Adverse Effect on (c) render the CompanyCompany insolvent.

Appears in 1 contract

Samples: Series a Convertible Participating Preferred Stock and Warrant Purchase Agreement (Navtech Inc)

Effect of Transactions. The execution, delivery and ---------------------- performance of this Agreement and the transactions contemplated hereby, and compliance with the provisions hereof by the Company, do not and will not, with or without the passage of time or the giving of notice or both, (a) violate, in any material respect, violate any provision of law, statute, rule or regulation or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body or (b) conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Company Company, under the Certificate of Incorporation or Bylaws, as amended to date, of the Company or any material note, indenture, mortgage, lease, agreement, contract, purchase order or other material instrument, document or agreement to which the Company is a party or by which it or any of its properties or assets is bound or affected, except as in any case where such occurrence would not have a Material Adverse Effect on the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ergo Science Corp)

Effect of Transactions. The execution, delivery and performance of this Agreement the Transaction Documents, the issuance, sale and delivery of the Issued Shares and the transactions contemplated herebyConversion Shares, and compliance with the provisions hereof and thereof by the Company, do not and will not, with or without the passage of time or the giving of notice or both, (a) violate, in any material respect, violate any provision of law, statute, rule or regulation or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body or (b) conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Company under the Amended and Restated Certificate of Incorporation or Bylaws, as amended to date, By-Laws of the Company or any material note, indenture, mortgage, lease, agreement, contract, purchase order or other material instrument, document or agreement to which the Company is a party or by which it or any of its properties or assets property is bound or affected, except as would not have a Material Adverse Effect on the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Exa Corp)

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Effect of Transactions. The execution, delivery and performance of this Agreement and the transactions contemplated hereby, and compliance with the provisions hereof by the Company, do not and will not, with or without the passage of time or the giving of notice or both, (a) violate, in any material respect, violate any provision of law, statute, rule or regulation or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body or (b) conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Company Company, under the Certificate of Incorporation or Bylaws, as amended to date, of the Company or any material note, indenture, mortgage, lease, agreement, contract, purchase order or other material instrument, document or agreement to which the Company is a party or by which it or any of its properties or assets is bound or affected, except as in any case where such occurrence would not have a Material Adverse Effect on the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Biocryst Pharmaceuticals Inc)

Effect of Transactions. The execution, delivery and performance by the Company of this Agreement and the transactions contemplated hereby, and compliance with the provisions hereof by the Company, do not and will not, with or without the passage of time or the giving of notice or of both, (a) violate, in any material respect, violate any provision of law, statute, rule or regulation or any ruling, writ, injunction, order, judgment or decree of any court, administrative agency or other governmental body or (b) conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute a default (or give rise to any right of termination, cancellation or acceleration) under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Company Company, under the Certificate of Incorporation or Bylaws, as amended to date, of the Company or any material note, indenture, mortgage, lease, agreement, contract, purchase order or other material instrument, document or agreement to which the Company is a party or by which it or any of its properties or assets is bound or affected, except as in any case where such occurrence would not have a Material Adverse Effect on the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Neose Technologies Inc)

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