Execution, Delivery and Performance of Agreement. Neither the execution, delivery nor performance of this Agreement by Purchaser will, with or without the giving of notice or the passage of time, or both, conflict with, result in a default, right to accelerate or loss of rights under, or result in the creation of any lien, charge or Encumbrance pursuant to, any provision of Purchaser’s certificate of incorporation or by-laws or any franchise, mortgage, deed of trust, lease, license, agreement, understanding, law, ordinance, rule or regulation or any Order, judgment or decree to which Purchaser is a party or by which it may be bound or affected. Purchaser has full power and authority to enter into this Agreement and to carry out the transactions contemplated hereby, all Proceedings required to be taken by Purchaser to authorize the execution, delivery and performance of this Agreement and the agreements relating hereto, have been properly taken and this Agreement constitutes a valid and binding obligation of Purchaser.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Mentor on Call Inc), Stock Purchase Agreement
Execution, Delivery and Performance of Agreement. Neither the execution, delivery nor performance of this Agreement by Purchaser will, with or without the giving of notice or the passage of time, or both, conflict with, result in a default, right to accelerate or loss of rights under, or result in the creation of any lien, charge or Encumbrance pursuant to, any provision of Purchaser’s 's certificate of incorporation or by-laws or any franchise, mortgage, deed of trust, lease, license, agreement, understanding, law, ordinance, rule or regulation or any Order, judgment or decree to which Purchaser is a party or by which it may be bound or affected. Purchaser has full power and authority to enter into this Agreement and to carry out the transactions contemplated hereby, all Proceedings required to be taken by Purchaser to authorize the execution, delivery and performance of this Agreement and the agreements relating hereto, have been properly taken and this Agreement constitutes a valid and binding obligation of Purchaser.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Genmar Holdings Inc), Purchase and Sale Agreement (Genmar Holdings Inc)
Execution, Delivery and Performance of Agreement. Neither the execution, delivery nor performance of this Agreement by Purchaser will, with or without the giving of notice or the passage of time, or both, conflict with, result in a default, right to accelerate or loss of rights under, or result in the creation of any lien, charge or Encumbrance pursuant to, any provision of Purchaser’s certificate 's Articles of incorporation Incorporation or by-laws regulations or any franchise, mortgage, deed of trust, lease, license, agreement, understanding, law, ordinance, rule or regulation 12 or any Orderorder, judgment or decree to which Purchaser is a party or by which it may be bound or affected. Purchaser has full power and authority to enter into this Agreement and to carry out the transactions contemplated hereby, all Proceedings . All proceedings required to be taken by Purchaser to authorize the execution, delivery and performance of this Agreement Agreement, the Promissory Note and the agreements relating hereto, Lease Agreement have been properly taken and this Agreement constitutes a constitutes, and when executed and delivered such other agreements and instruments will constitute, the valid and binding obligation obligations of Purchaser, enforceable against Purchaser in accordance with their respective terms.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Chemi Trol Chemical Co)