Common use of No Breach Caused by this Agreement Clause in Contracts

No Breach Caused by this Agreement. The execution, delivery and performance by BSI of its obligations under this Agreement and the Ancillary Documents and the consummation of the transactions contemplated hereby do not and will not (i) contravene, conflict with or result in a violation or breach of any provision of any applicable Laws or any license, approval, consent or authorization held by BSI, (ii) require any notice or consent or other action by any Person under, contravene, conflict with, violate, breach or constitute a default or an event that, with or without notice or lapse of time or both, would constitute a default, under, or cause or permit the termination, cancellation, acceleration or other change of any right or obligation or the loss of any benefit to which BSI is entitled under, or give rise to any rights of first refusal or trigger any change in control provisions or any restriction under, any provision of any Material Contract or other instrument binding upon BSI or affecting any of its assets, or (iii) result in the creation or imposition of any Lien on any asset of BSI, with such exceptions, in the case of each of clauses (ii) and (iii), as do not have or would not have, or be reasonably expected to have, individually or in the aggregate, a material adverse effect.

Appears in 2 contracts

Samples: Share Purchase Agreement (InMed Pharmaceuticals Inc.), Share Purchase Agreement

AutoNDA by SimpleDocs

No Breach Caused by this Agreement. The execution, delivery and performance by BSI the Purchaser of its obligations under this Agreement and the Ancillary Documents and the consummation of the transactions contemplated hereby do not and will not not (i) contravene, conflict with or result in a violation or breach of any provision of any applicable Laws or any license, approval, consent or authorization held by BSI, the Purchaser, (ii) require any notice or consent or other action by any Person underPerson, contravene, conflict with, violate, breach or constitute a default or an event that, with or without notice or lapse of time or both, would constitute a default, default under, or cause or permit the termination, cancellation, acceleration or other change of any right or obligation or the loss of any benefit to which BSI the Purchaser is entitled under, or give rise to any rights of first refusal or trigger any change in control provisions or any restriction under, any provision of any Material Contract or other instrument binding upon BSI the Purchaser or affecting any of its assets, or or (iii) result in the creation or imposition of any Lien on any asset of BSIthe Purchaser, with such exceptions, in the case of each of clauses (ii) and (iii), as do not have or would not have, or be reasonably expected to have, individually or in the aggregate, a material adverse effectMaterial Adverse Effect. The Purchaser has complied with all licenses, franchises, leases, permits, approvals and agreements to which the Purchaser is a party or by which the Purchaser is bound, the breach of which would reasonably have a Material Adverse Effect on the Purchaser.

Appears in 1 contract

Samples: Share Exchange Agreement

No Breach Caused by this Agreement. The execution, delivery and performance by BSI the Purchaser of its obligations under this Agreement and the Ancillary Documents and the consummation of the transactions contemplated hereby do not and will not (i) contravene, conflict with or result in a violation or breach of any provision of any applicable Laws or any license, approval, consent or authorization held by BSIthe Purchaser, (ii) require any notice or consent or other action by any Person underPerson, contravene, conflict with, violate, breach or constitute a default or an event that, with or without notice or lapse of time or both, would constitute a default, under, or cause or permit the termination, cancellation, acceleration or other change of any right or obligation or the loss of any benefit to which BSI the Purchaser is entitled under, or give rise to any rights of first refusal or trigger any change in control provisions or any restriction under, any provision of any Material Contract or other instrument binding upon BSI the Purchaser or affecting any of its assets, or (iii) result in the creation or imposition of any Lien on any asset of BSIthe Purchaser, with such exceptions, in the case of each of clauses (ii) and (iii), as do not have or would not have, or be reasonably expected to have, individually or in the aggregate, a material adverse effectMaterial Adverse Effect. The Purchaser has complied with all licenses, franchises, leases, permits, approvals and agreements to which the Purchaser is a party or by which the Purchaser is bound, the breach of which would reasonably have a Material Adverse Effect on the Purchaser.

Appears in 1 contract

Samples: Share Exchange Agreement

No Breach Caused by this Agreement. The execution, delivery and performance by BSI the Purchaser of its obligations under this Agreement and the Ancillary Documents and the consummation of the transactions contemplated hereby do not and will not (i) contravene, conflict with or result in a violation or breach of any provision of any applicable Laws or any license, approval, consent or authorization held by BSIthe Purchaser, (ii) require any notice or consent or other action by any Person underPerson, contravene, conflict with, violate, breach or constitute a default or an event that, with or without notice or lapse of time or both, would constitute a default, default under, or cause or permit the termination, cancellation, acceleration or other change of any right or obligation or the loss of any benefit to which BSI the Purchaser is entitled under, or give rise to any rights of first refusal or trigger any change in control provisions or any restriction under, any provision of any Material Contract or other instrument binding upon BSI the Purchaser or affecting any of its assets, or (iii) result in the creation or imposition of any Lien on any asset of BSIthe Purchaser, with such exceptions, in the case of each of clauses (ii) and (iii), as do not have or would not have, or be reasonably expected to have, individually or in the aggregate, a material adverse effectMaterial Adverse Effect. The Purchaser has complied with all licenses, franchises, leases, permits, approvals and agreements to which the Purchaser is a party or by which the Purchaser is bound, the breach of which would reasonably have a Material Adverse Effect on the Purchaser.

Appears in 1 contract

Samples: Share Exchange Agreement

AutoNDA by SimpleDocs

No Breach Caused by this Agreement. The execution, delivery and performance by BSI Adira of its obligations under this Agreement and the Ancillary Documents and the consummation of the transactions contemplated hereby do not and will not (i) contravene, conflict with or result in a violation or breach of any provision of any applicable Laws or any license, approval, consent or authorization held by BSIAdira, (ii) require any notice or consent or other action by any Person under, contravene, conflict with, violate, breach or constitute a default or an event that, with or without notice or lapse of time or both, would constitute a default, under, or cause or permit the termination, cancellation, acceleration or other change of any right or obligation or the loss of any benefit to which BSI Adira is entitled under, or give rise to any rights of first refusal or trigger any change in control provisions or any restriction under, any provision of any Material Contract or other instrument binding upon BSI Adira or affecting any of its assets, assets or (iii) result in the creation or imposition of any Lien on any asset of BSIAdira, with such exceptions, in the case of each of clauses (ii) and (iii), as do not have or would not have, or be reasonably expected to have, individually or in the aggregate, a material adverse effectMaterial Adverse Effect on Adira.

Appears in 1 contract

Samples: Securities Exchange Agreement (Amg Oil LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!