No Breach; Consents. The execution, delivery and performance of this Agreement and the Escrow Agreement by such Seller will not (a) violate or conflict with any Law, Governmental Order or Governmental Authorization; (b) conflict with, result in any breach of any of the provisions of, constitute a default (or any event which would, with the passage of time or the giving of notice or both, constitute a default) under, result in a violation of, increase the burdens under, result in the termination, amendment, suspension, modification, abandonment or acceleration of payment (or any right to terminate) or require a Consent under any Contract or Governmental Authorization that is either binding upon or enforceable against such Seller; (c) result in the creation of any Lien upon the Securities held by such Seller; or (d) require any Governmental Authorization.
Appears in 2 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement (Hormel Foods Corp /De/)
No Breach; Consents. The execution, delivery and performance of this Agreement and the Escrow Agreement by such Seller Holder will not (a) contravene any provision of the organizational documents of such Holder, (b) violate or conflict with any Lawlaw, Governmental Order governmental order or Governmental Authorization; governmental authorization, (bc) conflict with, result in any breach of any of the provisions of, constitute a default (or any event which would, with the passage of time or the giving of notice or both, constitute a default) under, result in a violation of, increase the burdens under, result in the termination, amendment, suspension, modification, abandonment modification or acceleration of payment (or any right to terminate) or require a Consent consent under any Contract contract or Governmental Authorization governmental authorization that is either binding upon or enforceable against such Seller; the Holder, (cd) result in the creation of any Lien encumbrance upon the Securities shares of XENO common stock held by such Seller; Holder or (de) require any Governmental Authorizationgovernmental authorization.
Appears in 2 contracts
Samples: Merger Agreement (Lebowitz Elliot), Merger Agreement (Icon Development, Inc.)
No Breach; Consents. The execution, delivery and performance of this Agreement and the Escrow Agreement by such Seller Shareholder will not (a) contravene any provision of the Organizational Documents, if any, of such Shareholder; (b) violate or conflict with any Law, Governmental Order or Governmental Authorization; (bc) conflict with, result in any breach of any of the provisions of, constitute a default (or any event which would, with the passage of time or the giving of notice or both, constitute a default) under, result in a violation of, increase the burdens under, result in the termination, amendment, suspension, modification, abandonment or acceleration of payment (or any right to terminate) or require a Consent Consent, including any Consent, under any Contract or Governmental Authorization that is either binding upon or enforceable against such SellerShareholder other than the Consent of Mirant; (cd) result in the creation of any Lien Encumbrance upon the Securities Shares held by such SellerShareholder; or (de) require any Governmental Authorization.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Patina Oil & Gas Corp)
No Breach; Consents. The execution, delivery and performance of this Agreement and the Escrow Employment Agreement by such Seller will not not:
(a) violate or conflict with any Law, Governmental Order or Governmental Authorization; ;
(b) conflict with, result in any breach of any of the provisions of, constitute a default (or any event which that would, with the passage of time or the giving of notice or both, constitute a default) under, result in a violation of, increase the burdens under, result in the termination, amendment, suspension, modification, abandonment or acceleration of payment (or any right to terminate) or require a Consent under any Contract or Governmental Authorization that is either binding upon or enforceable against such Seller; ;
(c) result in the creation of any Lien Encumbrance upon the Securities Shares held by such Seller; or or
(d) require any Governmental Authorization.
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