Common use of No Conflict; Licenses and Permits; Compliance with Laws and Regulations Clause in Contracts

No Conflict; Licenses and Permits; Compliance with Laws and Regulations. Except as otherwise expressly stated in this Agreement, the execution, delivery, and, subject to the Regulatory Approvals, the performance of this Agreement by Purchaser does not, and will not (i) violate any provision of its charter or by-laws, (ii) constitute or result in a material breach of any term, condition or provision of, or constitute a default under, or give rise to any right of termination, cancellation or acceleration with respect to, any material agreement of Purchaser, or (iii) to Purchaser’s knowledge, violate or constitute a breach or contravention of or default under any law, rule, regulation, order, judgment, decree or filing of or agreement with any government, governmental authority or court to which Purchaser is subject or under any agreement or instrument of Purchaser, or to which Purchaser is otherwise bound, which violation, breach, contravention or default, individually or in the aggregate, (x) could be expected to prevent or impair the ability of Purchaser to perform its obligations under this Agreement, or (y) could impair the validity or consummation of this Agreement or the transactions contemplated hereby.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Solera National Bancorp, Inc.), Purchase and Assumption Agreement (Solera National Bancorp, Inc.)

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No Conflict; Licenses and Permits; Compliance with Laws and Regulations. Except as otherwise expressly stated in this Agreement, the execution, delivery, and, subject to the Regulatory Approvals, the performance of this Agreement by Purchaser does not, and will not (i) violate any provision of its charter articles or by-lawsregulations, (ii) constitute or result in a material breach of any term, condition or provision of, or constitute a default under, or give rise to any right of termination, cancellation or acceleration with respect to, any material agreement of Purchaser, Purchaser or (iii) to Purchaser’s 's knowledge, violate or constitute a breach or contravention of or default under any law, rule, regulation, order, judgment, decree or filing of or agreement with any government, governmental authority or court to which Purchaser is subject or under any agreement or instrument of Purchaser, or to which Purchaser is otherwise bound, which violation, breach, contravention or default, individually or in the aggregate, (x) could be expected to prevent or impair the ability of Purchaser to perform its obligations under this Agreement, Agreement or (y) could impair the validity or consummation of this Agreement or the transactions contemplated hereby.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Rurban Financial Corp)

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No Conflict; Licenses and Permits; Compliance with Laws and Regulations. Except as otherwise expressly stated in this Agreement, the execution, delivery, and, subject to the Regulatory Approvals, the performance of this Agreement by Purchaser does not, and will not (i) violate any provision of its charter or by-laws, laws or (ii) constitute or result in a material breach of any term, condition or provision of, or constitute a default under, or give rise to any right of termination, cancellation or acceleration with respect to, any material agreement of Purchaser, or (iii) to Purchaser’s 's knowledge, violate or constitute a breach or contravention of or default under any law, rule, regulation, order, judgment, decree or filing of or agreement with any government, governmental authority or court to which Purchaser is subject or under any agreement or instrument of Purchaser, or to which Purchaser is otherwise bound, which violation, breach, contravention or default, individually or in the aggregate, (xi) could be expected to prevent or impair the ability of Purchaser to perform its obligations under this Agreement, Agreement in any material respect or (yii) could impair the validity or consummation of this Agreement or the transactions contemplated hereby.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Intrust Financial Corp /)

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