No Breach or Default. The execution and delivery of this Agreement, and the consummation of the transactions herein provided will not: (a) Result in the breach of any of the terms or conditions of, or constitute a default under, or in any manner release Buyer from any obligations under, or accelerate any mortgage, note, bond, contract, indenture, agreement, license or other instrument or obligation of any kind or nature to which Buyer is now a party or by which any of its properties or assets may be bound or affected; (b) Violate any order, writ, injunction or decree of any court, administrative agency or governmental body or require the approval, consent or permission of any governmental body or agency which has not been heretofore obtained; or (c) Violate any provision of the Certificate of Incorporation or Bylaws of Buyer.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Veriteq), Asset Purchase Agreement (POSITIVEID Corp), Asset Purchase Agreement (VeriChip CORP)
No Breach or Default. The execution and delivery of this Agreement, and the consummation of the transactions herein provided will not:
(a) Result in the breach of any of the terms or conditions of, or constitute a default under, or in any manner release Buyer Seller from any obligations under, or accelerate any mortgage, note, bond, contract, indenture, agreement, license or other instrument or obligation of any kind or nature to which Buyer Seller is now a party or by which any of its properties or assets may be bound or affected;
(b) Violate any order, writ, injunction or decree of any court, administrative agency or governmental body or require the approval, consent or permission of any governmental body or agency which has not been heretofore obtained; or
(c) Violate any provision of the Certificate of Incorporation or Bylaws of BuyerSeller.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Veriteq), Asset Purchase Agreement (POSITIVEID Corp)
No Breach or Default. The Except as set forth in Schedule 4.2, the execution and delivery of this Agreement, and the consummation of the transactions herein provided will not:
(a) Result in the breach of any of the terms or conditions of, or constitute a default under, or in any manner release Buyer Seller from any obligations under, or accelerate any mortgage, note, bond, contract, indenture, agreement, license or other instrument or obligation of any kind or nature to which Buyer Seller is now a party or by which any of its properties or assets may be bound or affected;
(b) Violate any order, writ, injunction or decree of any court, administrative agency or governmental body or require the approval, consent or permission of any governmental body or agency which has not been heretofore obtained; or
(c) Violate any provision of the Certificate of Incorporation or Bylaws of BuyerSeller.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Digital Angel Corp), Asset Purchase Agreement (VeriChip CORP)
No Breach or Default. The execution and delivery of this Agreement, and the consummation of the transactions herein provided will not:
(a) Result in the breach of any of the terms or conditions of, or constitute a default under, or in any manner release the Buyer from any obligations under, or accelerate any mortgage, note, bond, contract, indenture, agreement, license or other instrument or obligation of any kind or nature to which Buyer is now a party or by which any of its properties or assets may be bound or affected;
(b) Violate any order, writ, injunction or decree of any court, administrative agency or governmental body or require the approval, consent or permission of any governmental body or agency which has not been heretofore obtained; or
(c) Violate any provision of the Certificate of Incorporation or Bylaws of Buyer.
Appears in 1 contract
No Breach or Default. The execution and delivery of this Agreement, Agreement and the consummation of the transactions herein provided will not:
(a) Result in the breach of any of the terms or conditions of, or constitute a default under, or in any manner release Buyer from any obligations under, or accelerate under any mortgage, note, bond, contract, indenture, agreement, license or other instrument or obligation of any kind or nature to which Buyer is now a party or by which any of its properties or assets may be bound or affected;
(b) Violate any order, writ, injunction or decree of any court, administrative agency or governmental body or require the approval, consent or permission of any governmental body or agency which has not been heretofore obtained; or
(c) Violate any provision of the Certificate of Incorporation corporate charter or Bylaws bylaws of Buyer.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Embassy Acquisition Corp)