Common use of Effect of Transactions Clause in Contracts

Effect of Transactions. The execution and delivery of this Agreement by the Company and the consummation of the transactions contemplated hereby will not involve any prohibited transactions with respect to the Company or any of its Subsidiaries within the meaning of ERISA.

Appears in 5 contracts

Samples: Stock and Asset Contribution Agreement (White Cloud Exploration Inc), LLC Interest and Asset Contribution Agreement (White Cloud Exploration Inc), Placement Agreement (Sands Steven B)

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Effect of Transactions. The execution and delivery of this Agreement by the Company and the consummation of the transactions contemplated hereby will not involve any prohibited transactions with respect to the Company or any of its Subsidiaries transaction within the meaning of ERISA.

Appears in 1 contract

Samples: Stock Subscription and Exchange Agreement (Miami Cruiseline Services Holdings I B V)

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Effect of Transactions. The execution and delivery of this Agreement by the Company and the consummation of the transactions contemplated hereby will not involve any prohibited transactions with respect to the Company or any of its Subsidiaries transaction within the meaning of Section 406 of ERISA.

Appears in 1 contract

Samples: Stock Purchase Agreement (Oak Industries Inc)

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