No Breach of Statute, Decree or Contract Sample Clauses

No Breach of Statute, Decree or Contract. The execution, delivery and performance of this Agreement by a Seller does not and will not breach any Legal Requirement, will not at the Closing conflict with or result in a breach of or default under any agreement or any order, writ, injunction, decree, contract, agreement or instrument to which a Seller is a party or by which the Assets are or may be bound, will not result in the creation or imposition of any lien, charge or encumbrance of any nature upon any of the Assets, and will not give to others any interest or rights in, or with respect to any of the Assets, except to the extent of Permitted Encumbrances.
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No Breach of Statute, Decree or Contract. The execution, delivery and performance of this Agreement by Strong does not and will not breach any legal requirement, will not conflict with or result in a breach of or default under any agreement or any order, writ, injunction, decree, contract, agreement or instrument to which Strong is a party, will not result in the creation or imposition of any lien, charge or encumbrance of any nature upon any of the Xxxxx Assets and xxxxx, and will not give to others any interest or rights in, or with respect to any of the Xxxxx Assets.
No Breach of Statute, Decree or Contract. The execution, delivery and performance of this Agreement by the New Century Group does not and will not breach any legal requirement, will not conflict with or result in a breach of or default under any agreement or any order, writ, injunction, decree, contract, agreement or instrument to which the New Century Group is a party or by which the Xxxxx Assets are or may be bound, will not result in the creation or imposition of any lien, charge or encumbrance of any nature upon any of the Xxxxx Assets and xxxxx, and will not give to others any interest or rights in, or with respect to any of the Xxxxx Assets, except for the contracts set forth on Exhibit "A" to this Agreement.
No Breach of Statute, Decree or Contract. The execution, delivery and performance of this Agreement by DRI does not and will not, after receipt of DeGas's waiver of its Right of First Refusal or expiration of the period in which DeGas has the right to exercise its Right of First Refusal, breach any Legal Requirement, at the Closing conflict with or result in a breach of or default under any agreement or any order, writ, injunction, decree, contract, agreement or instrument to which DRI is a party or by which the Assets are or may be bound, will not result in the creation or imposition of any lien, charge or encumbrance of any nature upon any of the Assets, and will not give to others any interest or rights in, or with respect to any of the Assets, except for Permitted Exceptions.

Related to No Breach of Statute, Decree or Contract

  • No Breach of Statute or Contract The execution, delivery and performance of this Agreement by Buyer does not and shall not constitute Buyer's breach of any statute or regulation or ordinance of any governmental authority, and shall not at the Closing conflict with or result in Buyer's breach of or default under any of the terms, conditions, or provisions of the Buyer's Certificate of Incorporation or Bylaws or any order, writ, injunction, decree, contract, agreement, or instrument to which the Buyer is a party, or by which it is or may be bound.

  • No Breach or Violation Neither the issue and sale of the Securities nor the consummation of any other of the transactions herein contemplated nor the fulfillment of the terms hereof or of the Trust Agreement, the Warrant Agreement, the Securities Subscription Agreements, the Private Placement Warrants Purchase Agreement, the Registration Rights Agreement, or the Insider Letter will conflict with, result in a breach or violation of, or imposition of any lien, charge or encumbrance upon any property or assets of the Company pursuant to (i) the Amended and Restated Certificate of Incorporation, (ii) the terms of any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement or other agreement, obligation, condition, covenant or instrument to which the Company is a party or bound or to which its property is subject, or (iii) any statute, law, rule, regulation, judgment, order or decree applicable to the Company of any court, regulatory body, administrative agency, governmental body, arbitrator or other authority having jurisdiction over the Company or any of its properties; except in the case of clauses (ii) and (iii) above for any such conflict, breach or violation that would not, individually or in the aggregate, be reasonably expected to have a material adverse effect on the condition (financial or otherwise), prospects, earnings, business or properties of the Company, taken as a whole, whether or not arising from transactions in the ordinary course of business (a “Material Adverse Effect”) and that would not, individually or in the aggregate, have a Material Adverse Effect on the ability of the Underwriters to consummate the transactions contemplated by this Agreement.

  • NO BREACH OF CONTRACT The Executive hereby represents to the Company that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or otherwise bound, except for agreements entered into by and between the Executive and any member of the Group pursuant to applicable law, if any; (ii) that the Executive has no information (including, without limitation, confidential information and trade secrets) relating to any other person or entity which would prevent, or be violated by, the Executive entering into this Agreement or carrying out his duties hereunder; (iii) that the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this) with any other person or entity except for other member(s) of the Group, as the case may be.

  • Notice of Violations of Law Prompt notice if the Parent, the Borrower, any Subsidiary or any other Loan Party shall receive any notification from any Governmental Authority alleging a violation of any Applicable Law or any inquiry which, in either case, could reasonably be expected to have a Material Adverse Effect;

  • Waiver of Statute of Limitations To the extent permitted by applicable law, Borrower hereby expressly waives and releases to the fullest extent permitted by law, the pleading of any statute of limitations as a defense to payment of the Debt or performance of its Other Obligations.

  • Waiver of Statute of Limitations, Offsets and Counterclaims Borrower waives the right to assert any statute of limitations as a bar to the enforcement of this Loan Agreement or the Lien of the Security Instrument or to any action brought to enforce any Loan Document. Borrower waives the right to assert a counterclaim, other than a compulsory counterclaim, in any action or proceeding brought against it by Lender or otherwise to offset any obligations to make the payments required by the Loan Documents. No failure by Lender to perform any of its obligations under the Loan Documents will be a valid defense to, or result in any offset against, any payments that Borrower is obligated to make under any of the Loan Documents.

  • Breach of Contract 4.1 If any party (“Defaulting Party”) breaches any provision of this Agreement, which may cause damages to other parties (“Non-defaulting Party”), the Non-defaulting Party con notify the Defaulting Party in writing, requesting it rectify and correct such a breach of contract; if the Defaulting Party does not take actions which rectify and correct such breach to the satisfaction of the Non-defaulting Party within fifteen (15) days upon the issuance of the written notice, the Non-defaulting Party can take actions pursuant to this Agreement or other measures in accordance with laws in response.

  • Breach of Agreement Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any payment under this Agreement or delivery under Section 2(a)(i) or 2(e) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i), 4(a)(iii) or 4(d)) to be complied with or performed by the party in accordance with this Agreement if such failure is not remedied on or before the thirtieth day after notice of such failure is given to the party;

  • Violation of Agreement (a) The restrictions set forth in Sections 4, 5 and 6 shall extend to any and all activities of the Employee, whether alone or together with or on behalf of or through any other person or entity.

  • Injunctive Relief for Breach Consultant’s obligations under this Agreement are of a unique character that gives them particular value; breach of any of such obligations will result in irreparable and continuing damage to Client for which there will be no adequate remedy at law; and, in the event of such breach, Client will be entitled to injunctive relief and/or a decree for specific performance, and such other and further relief as may be proper (including monetary damages if appropriate).

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