Effect of Transactions. Except as set forth in Section 14.3 of the IXC Disclosure Schedule, the execution and delivery of this Agreement, the Transaction Documents to which IXC is or will be a party, and the Contribution Agreement by IXC and IXC Carrier, as applicable, and the performance by IXC and IXC Carrier, as applicable, of the transactions contemplated hereby and thereby will not conflict with or result in any default or require the consent of any person or entity under the Certificate of Incorporation, By-laws or any material agreement of IXC or IXC Carrier, as applicable, or result in the creation of any lien, charge or encumbrance of any nature upon any of the properties or assets of IXC except pursuant to this Agreement. The execution and delivery of this Agreement, the Transaction Documents to which IXC is or will be a party, and the Contribution Agreement by IXC or IXC Carrier, as applicable, and the performance by IXC and IXC Carrier, as applicable, of the transactions contemplated hereby and thereby will not violate, in any material respect, any judgment, decree, order, statute, rule or regulation of any federal, state or local government or agency applicable to IXC or IXC Carrier, as applicable, is a party.
Appears in 6 contracts
Samples: Iru and Stock Purchase Agreement (Ixc Communications Inc), Iru and Stock Purchase Agreement (Ixc Communications Inc), Iru and Stock Purchase Agreement (Ixc Communications Inc)
