Common use of No Approvals or Notices Required; No Conflicts With Instruments Clause in Contracts

No Approvals or Notices Required; No Conflicts With Instruments. The execution, delivery and performance of this Agreement and the other Operative Documents by Buyer will not (a) constitute a violation (with or without the giving of notice or lapse of time, or both) of any Law applicable to Buyer; (b) require any consent, approval or authorization of any Person; (c) conflict with or result in a breach of, or constitute a default under, any provision of Buyer’s Articles of Incorporation or Bylaws; (d) result in any breach or constitute a default (with or without the giving of notice or lapse of time, or both) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of any Lien on any of the assets or properties of Buyer pursuant to, any note, bond, mortgage, indenture contract, agreement, lease, license, permit, franchise or other instrument relating to such assets or properties, to which Buyer is a party or by which any of such assets or properties is bound or affected.

Appears in 1 contract

Samples: Stock Purchase Agreement (Merix Corp)

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No Approvals or Notices Required; No Conflicts With Instruments. The execution, delivery and performance of this Agreement and the other Operative Documents by Buyer will Parent and the Company (as defined in Section 9.9(b))will not (a) constitute a violation (with or without the giving of notice or lapse of time, or both) of any Law provision of law, rule, regulation, order, writ, judgment, decree, injunction, determination or award (“Law”) applicable to BuyerParent and the Company; (b) require any consent, approval or authorization of any Person; (c) conflict with or result in a breach of, of or constitute a default under, under any provision of Buyerthe Company’s Articles of Incorporation or Bylaws or Parent’s Certificate of Incorporation or Bylaws; or (d) result in any breach of, or constitute a default (with or without the giving of notice or lapse of time, or both) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of any Lien on any of the assets or properties of Buyer the Company or Parent pursuant to, any note, bond, mortgage, indenture indenture, contract, agreement, lease, license, permit, franchise or other instrument relating to such assets or properties, to which Buyer either Parent or the Company is a party or by which any of such assets or properties is bound or affected.

Appears in 1 contract

Samples: Stock Purchase Agreement (Merix Corp)

No Approvals or Notices Required; No Conflicts With Instruments. The execution, delivery and performance of this Agreement by the Company and the other Operative Documents consummation by Buyer it of the transactions contemplated hereby will not (ai) constitute a violation (with or without the giving of notice or lapse of time, or both) of any Law provision of applicable to Buyer; law, (bii) require any consent, approval or authorization of any Person; person or governmental authority, (ciii) result in a default under, acceleration or termination of, or the creation in any party of the right to accelerate, terminate, modify or cancel, any agreement, lease, franchise, permit, note or other restriction, encumbrance, obligation or liability to which the Company is a party or by which it is bound or to which any of its assets are subject, (iv) result in the creation of any lien or encumbrance upon the Company's assets, (v) conflict with or result in a breach of, of or constitute a default under, under any provision of Buyer’s Articles the Company's Certificate of Incorporation or Bylaws; , or (dvi) conflict with, result in any breach or constitute tortious interference as a default (with or without the giving result of notice or lapse of timesuch conflict with, or both) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of any Lien on any of the assets or properties of Buyer pursuant tootherwise violate, any note, bond, mortgage, indenture contract, agreement, lease, license, permit, franchise contract or arrangement between the Company and any other instrument relating to such assets or properties, to which Buyer is a party or by which any of such assets or properties is bound or affected.person. 77

Appears in 1 contract

Samples: Merger Agreement (Transworld Telecommunications Inc)

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No Approvals or Notices Required; No Conflicts With Instruments. The execution, delivery and performance of this Agreement by the Company and the other Operative Documents consummation by Buyer it of the transactions contemplated hereby will not (ai) constitute a violation (with or without the giving of notice or lapse of time, or both) of any Law provision of applicable to Buyer; law, (bii) require any consent, approval or authorization of any Person; person or governmental authority, (ciii) result in a default under, acceleration or termination of, or the creation in any party of the right to accelerate, terminate, modify or cancel, any agreement, lease, franchise, permit, note or other restriction, encumbrance, obligation or liability to which the Company is a party or by which it is bound or to which any of its assets are subject, (iv) result in the creation of any lien or encumbrance upon the Company's assets, (v) conflict with or result in a breach of, of or constitute a default under, under any provision of Buyer’s Articles the Company's Certificate of Incorporation or Bylaws; , or (dvi) conflict with, result in any breach or constitute tortious interference as a default (with or without the giving result of notice or lapse of timesuch conflict with, or both) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of any Lien on any of the assets or properties of Buyer pursuant tootherwise violate, any note, bond, mortgage, indenture contract, agreement, lease, license, permit, franchise contract or arrangement between the Company and any other instrument relating to such assets or properties, to which Buyer is a party or by which any of such assets or properties is bound or affectedperson.

Appears in 1 contract

Samples: Merger Agreement (Wireless Cable & Communications Inc)

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