Common use of No Conflict or Default Clause in Contracts

No Conflict or Default. Neither the execution and deliver of this Agreement nor compliance with the terms and provisions hereof, including, without limitation, the consummation of the transactions contemplated hereby, will violate any statute, regulation or ordinance of any governmental authority or conflict with or result in the breach of any term, condition or provision of its Articles of Incorporation or By-Laws, or of any material agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation or instrument to which it is or may be bound, or constitute a default (or an event which, with the lapse of time or the giving of notice, or both, would constitute a default) thereunder.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Paradigm Medical Industries Inc), Asset Purchase Agreement (Paradigm Medical Industries Inc)

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No Conflict or Default. Neither the execution and deliver delivery of this Agreement Agreement, nor compliance with the terms and provisions hereof, including, without limitation, the consummation of the transactions contemplated hereby, will violate any statute, regulation or ordinance of any governmental authority or conflict with or result in the breach of any term, condition or provision of its Purchaser's Articles of Incorporation or By-LawsBylaws, or of any material agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation or instrument to which it Purchaser is a party or by which Purchaser either is or may be bound, bound or constitute a default (or an event which, with the lapse of time or the giving of notice, or both, would constitute a default) thereunder, or to Purchaser's knowledge, violate any statute, regulation or ordinance of any governmental authority.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kinzan Com)

No Conflict or Default. Neither the execution signing and deliver delivery of this Agreement Agreement, nor compliance with the terms and provisions hereof, including, without limitation, including the consummation of the transactions contemplated hereby, will violate any statute, regulation or ordinance of any governmental authority or conflict with or result in the breach of any term, condition or provision of its Articles of Incorporation or By-Laws, or of any material agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation or instrument to which it Buyer is a party, or by which he is or may be bound, bound or constitute a default (or an event which, with the lapse of time or the giving of or notice, or both, would constitute a default) thereunder, or to Buyer's knowledge, violate any statute, regulation or ordinance of any governmental authority.

Appears in 1 contract

Samples: Stock Purchase Agreement (Polymer Solutions Inc)

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No Conflict or Default. Neither the execution signing and deliver delivery of this Agreement nor compliance with the terms and provisions hereof, including, without limitation, including the consummation of the transactions contemplated hereby, will violate any statute, regulation or ordinance of any governmental authority or conflict with or result in the breach of any term, condition or provision of its Articles either the Company's articles of Incorporation incorporation or By-Lawsbylaws, or of any material agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation or instrument to which it the Company is a party or by which the Company or any of the Company's assets or properties are or may be bound, bound or constitute a default (or an event which, with the lapse of time or the giving of notice, or both, would constitute a default) thereunderthereunder or, to the Company's knowledge, violate any statute, regulation or ordinance of any governmental authority.

Appears in 1 contract

Samples: Merger Agreement (Vantagemed Corp)

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