Common use of No Breach or Violation Clause in Contracts

No Breach or Violation. As of the Effective Date and except as set forth on Schedule 3.10, the consummation of the transactions contemplated by ------------- this Agreement will not result in or constitute any of the following: (i) a default or an event that, with notice or lapse of time or both, would be a default, breach or violation, or give rise to a right of modification, termination, cancellation or acceleration of any obligation or to a loss of a benefit under, except for third party consents described in this Agreement or any schedule prepared and delivered in connection herewith, of any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, security agreement, concession, franchise, permit or other agreement, instrument or arrangement by which the Assets, the Business or the Seller may be affected, or to which the Assets, the Business or the Seller may be bound, (ii) the creation or imposition of any lien, charge, or encumbrance on any of the Assets or the Business, or (iii) a breach of any term or provision of this Agreement, except for breaches and violations that could not reasonably be expected to have a material adverse effect on the Business.

No Breach or Violation. As of the Effective Date and except as set forth on Schedule 3.10, the consummation of the transactions contemplated by ------------- this Agreement will not result in or constitute any of the following: (i) a default or an event that, with notice or lapse of time or both, would be a default, breach or violation, or give rise to a right of modification, termination, cancellation or acceleration of any obligation or to a loss of a benefit under, except for third party consents described in this Agreement or any schedule prepared and delivered in connection herewith, of any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, security agreement, concession, franchise, permit or other agreement, instrument or arrangement by which the Assets, the Business or the Seller may be affected, or to which the Assets, the Business or the Seller may be bound, (ii) the creation or imposition of any lien, charge, or encumbrance on any of the Assets or the Business, or (iii) a breach of any term or provision of this Agreement, except for breaches and violations that could not reasonably be expected to have a material adverse effect on the Business.

No Breach or Violation. As of the Effective Date and except as set forth on Schedule 3.10, the consummation of the transactions contemplated by ------------- this Agreement will not result in or constitute any of the following: (i) a default or an event that, with notice or lapse of time or both, would be a default, breach or violation, or give rise to a right of modification, termination, cancellation or acceleration of any obligation or to a loss of a benefit under, except for third party consents described in this Agreement or any schedule prepared and delivered in connection herewith, of any lease, license, promissory note, conditional sales contract, commitment, indenture, mortgage, deed of trust, security agreement, concession, franchise, permit or other agreement, instrument or arrangement by which the Assets, the Business Businesses or the either Seller may be affected, or to which the Assets, the Business Businesses or the either Seller may be bound, (ii) the creation or imposition of any lien, charge, or encumbrance on any of the Assets or the BusinessBusinesses, or (iii) a breach of any term or provision of this Agreement, except for breaches and violations that could not reasonably be expected to have a material adverse effect on the BusinessBusinesses, taken as a whole.