Common use of No Company Defaults or Consents Clause in Contracts

No Company Defaults or Consents. Neither the execution and delivery of this Agreement nor the effectuation of the transactions contemplated hereby will: (i) violate or conflict with any of the terms, conditions or provisions of the certificate of incorporation or bylaws (or similar organizational documents) of IFFC or IFFP; (ii) violate any legal requirements applicable to IFFC or IFFP; (iii) violate, conflict with, result in a breach of, constitute a default under (whether with or without notice or the lapse of time or both), or accelerate or permit the acceleration of the performance required by, or give any other party the right to terminate, any contract or permit applicable to IFFC or IFFP; (iv) result in the creation of any lien, charge or other encumbrance on any property of IFFC or IFFP (except as expressly contemplated hereby); or (v) require IFFC or IFFP to obtain or make any waiver, consent, action, approval or authorization of, or registration, declaration, notice or filing with, any private non-governmental third party or any governmental authority.

Appears in 3 contracts

Samples: Reimbursement Agreement (International Fast Food Corp), Deferred Payment Agreement (International Fast Food Corp), Reimbursement Agreement (International Fast Food Corp)

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No Company Defaults or Consents. Neither the execution and delivery of this Agreement Amendment nor the effectuation of the transactions contemplated hereby will: (i) violate or conflict with any of the terms, conditions or provisions of the certificate of incorporation or bylaws (or similar organizational documents) of IFFC or IFFPIFFC; (ii) violate any legal requirements applicable to IFFC or IFFPIFFC; (iii) violate, conflict with, result in a breach of, constitute a default under (whether with or without notice or the lapse of time or both), or accelerate or permit the acceleration of the performance required by, or give any other party the right to terminate, any contract or permit applicable to IFFC or IFFPIFFC; (iv) result in the creation of any lien, charge or other encumbrance on any property of IFFC or IFFP (except as expressly contemplated hereby); or (v) require IFFC or IFFP to obtain or make any waiver, consent, action, approval or authorization of, or registration, declaration, notice or filing with, any private non-governmental third party or any governmental authority.

Appears in 1 contract

Samples: Restaurant Development Agreement (International Fast Food Corp)

No Company Defaults or Consents. Neither the execution and delivery of this Agreement nor the effectuation of the transactions contemplated hereby will: (i) violate or conflict with any of the terms, conditions or provisions of the certificate of incorporation or bylaws (or similar organizational documents) of IFFC or IFFP; (ii) violate any legal requirements applicable to IFFC IFFC, IFFP or IFFPRubinson; (iii) violatevioxxxx, conflict xxnflict with, result in a breach of, constitute a default under (whether with or without notice or the lapse of time or both), or accelerate or permit the acceleration of the performance required by, or give any other party the right to terminate, any contract or permit applicable to IFFC or IFFP; (iv) result in the creation of any lien, charge or other encumbrance on any property of IFFC or IFFP (except as expressly contemplated hereby); or (v) require IFFC IFFC, IFFP or IFFP Rubinson to obtain or make any waiverwaivxx, consentxxxxent, action, approval or authorization of, or registration, declaration, notice or filing with, any private non-governmental third party or any governmental authority.

Appears in 1 contract

Samples: Guarantee of Future Advances Agreement (International Fast Food Corp)

No Company Defaults or Consents. Neither the execution and delivery of this Agreement nor the effectuation of the transactions contemplated hereby will: (i) violate or conflict with any of the terms, conditions or provisions of the certificate of incorporation or bylaws (or similar organizational documents) of IFFC or IFFP; (ii) violate any legal requirements applicable to IFFC or IFFPIFFP or Rubinson; (iii) violatevioxxxx, conflict xxnflict with, result in a breach of, constitute a default under (whether with or without notice or the lapse of time or both), or accelerate or permit the acceleration of the performance required by, or give any other party the right to terminate, any contract or permit applicable to IFFC or IFFP; (iv) result in the creation of any lien, charge or other encumbrance on any property of IFFC or IFFP (except as expressly contemplated hereby); or (v) require IFFC or IFFP to obtain or make any waiver, consent, action, approval or authorization of, or registration, declaration, notice or filing with, any private non-governmental third party or any governmental authority.

Appears in 1 contract

Samples: Purchase Agreement (International Fast Food Corp)

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No Company Defaults or Consents. Neither the execution and delivery of this Agreement Amendment nor the effectuation of the transactions contemplated hereby will: (i) violate or conflict with any of the terms, conditions or provisions of the certificate of incorporation or bylaws (or similar organizational documents) of IFFC or IFFP; (ii) violate any legal requirements applicable to IFFC or IFFP; (iii) violate, conflict with, result in a breach of, constitute a default under (whether with or without notice or the lapse of time or both), or accelerate or permit the acceleration of the performance required by, or give any other party the right to terminate, any contract or permit applicable to IFFC or IFFP; (iv) result in the creation of any lien, charge or other encumbrance on any property of IFFC or IFFP (except as expressly contemplated hereby); or (v) require IFFC or IFFP to obtain or make any waiver, consent, action, approval or authorization of, or registration, declaration, notice or filing with, any private non-governmental third party or any governmental authority.

Appears in 1 contract

Samples: Restaurant Development Agreement (International Fast Food Corp)

No Company Defaults or Consents. Neither the execution and delivery of this Agreement nor the effectuation of the transactions contemplated hereby will: (i) violate or conflict with any of the terms, conditions or provisions of the certificate of incorporation or bylaws (or similar organizational documents) of IFFC or IFFP; (ii) violate any legal requirements applicable to IFFC or IFFPIFFP or Xxxxxxxx; (iii) violate, conflict with, result in a breach of, constitute a default under (whether with or without notice or the lapse of time or both), or accelerate or permit the acceleration of the performance required by, or give any other party the right to terminate, any contract or permit applicable to IFFC or IFFP; (iv) result in the creation of any lien, charge or other encumbrance on any property of IFFC or IFFP (except as expressly contemplated hereby); or (v) require IFFC or IFFP to obtain or make any waiver, consent, action, approval or authorization of, or registration, declaration, notice or filing with, any private non-governmental third party or any governmental authority.

Appears in 1 contract

Samples: Purchase Agreement (International Fast Food Corp)

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