No Breach or Violation. The consummation of the transaction contemplated by this Agreement shall not result in or constitute any of the following: (i) A breach of any term or provision of this Agreement; (ii) A default or event that, upon notice or lapse of time or both, would be a default, breach or violation of the Articles of Incorporation or Bylaws of Seller, or any lease, license, promissory note, contract, commitment or other agreement, instrument or arrangement to which Seller is a party; (iii) An event that would permit any party to terminate any agreement.
Appears in 9 contracts
Samples: Contract for Deed (Senior Care Industries Inc), Contract for Deed (Senior Care Industries Inc), Contract for Deed (Senior Care Industries Inc)
No Breach or Violation. The consummation of the transaction contemplated by this Agreement shall not result in or constitute any of the following: ;
(i) A breach of any term or provision of this Agreement; agreement;
(ii) A default or event that, upon notice or lapse of time or both, would be a default, breach or violation of the Articles of Incorporation or Bylaws of Seller"TND", or any lease, license, promissory note, contract, commitment or other agreement, instrument or arrangement to which Seller "TND" is a party; ;
(iii) An event that would permit any party to terminate any agreement.
Appears in 2 contracts
Samples: Agreement of Purchase and Sale of Assets (Tri National Development Corp), Agreement of Purchase and Sale of Assets (Tri National Development Corp)
No Breach or Violation. The consummation of the transaction contemplated by this Agreement shall not result in or constitute any of the following: (i) A breach of any term or provision of this Agreement; (ii) A default or event that, upon notice or lapse of time or both, would be a default, breach or violation of the Articles of Incorporation or Bylaws of SellerSELLER, or any lease, license, promissory note, contract, commitment or other agreement, instrument or arrangement to which Seller is a party; (iii) An event that would permit any party to terminate any agreement.
Appears in 1 contract
No Breach or Violation. The consummation of the transaction contemplated by this Agreement shall not result in or constitute any of the following: ;
(i) A breach of any term or provision of this Agreement; agreement;
(ii) A default or event that, upon notice or lapse of time or both, would be a default, breach or violation of the Articles of Incorporation or Bylaws of Seller"TND", or any lease, license, promissory note, contract, commitment or other agreement, instrument or arrangement to which Seller "TND" is a party; (iii) An iii)An event that would permit any party to terminate any agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Tri National Development Corp)
