Common use of No Conflict or Default Clause in Contracts

No Conflict or Default. Neither the execution and delivery 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 the Certificate of Incorporation or Bylaws of Seller or of any agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation or instrument to which Seller is a party or by which it or any of the Assets are 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, or result in the creation or imposition of any lien, charge or encumbrance, or restriction of any nature whatsoever with respect to any of the Assets, or give to others any interest or rights, including rights of termination, acceleration or cancellation in or with respect to any of the Assets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Advanced Medicine Inc), Asset Purchase Agreement (Incara Pharmaceuticals Corp)

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No Conflict or Default. Neither the execution and delivery of this AgreementAgreement or any of the other Seller Closing Documents, nor compliance with the terms and provisions hereofhereof or thereof, including without limitation, the consummation of the transactions contemplated herebyhereby or thereby, 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 the Certificate of Incorporation or Bylaws of Seller or of any agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation or instrument to which Seller or either of the Stockholders is a party or by which it any of them or any of the Assets are 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, or result in the creation or imposition of any lien, charge or encumbrancecharge, encumbrance or restriction of any nature whatsoever with respect to any of the Assets, or give to others any interest or rights, including rights of termination, acceleration or cancellation in or with respect to any of the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Logic Works Inc)

No Conflict or Default. Neither the execution and delivery 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 the Certificate charter or bylaws of Incorporation or Bylaws either of Seller them, or of any agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation or instrument to which Seller either of them is a party or by which it either of them or any of the Assets are their respective assets is or may be bound, or constitute a default (or an any event which, with the lapse of time or the giving of notice, or both, would constitute a default) thereunder, or result in the creation or imposition of any lien, charge or encumbrancecharge, encumbrance or restriction of any nature whatsoever with respect to any assets of the Assetseither of them, or give to others any interest or rights, including rights of terminationtermination or acceleration, acceleration or cancellation in or with respect to any of the Assetsassets, contracts or business of either of them.

Appears in 1 contract

Samples: Exchange Agreement (Alchemy Holdings Inc)

No Conflict or Default. Neither the execution and delivery of this Agreement, nor compliance with the terms and provisions hereof, including 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 the Certificate of Incorporation or Bylaws of Seller or of any agreement, deed, contractContract, mortgage, indenture, writ, order, decree, legal obligation or instrument to which Seller is a party or by which it or any of the Assets are 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, or result in the creation or imposition of any lien, charge or encumbrance, or restriction of any nature whatsoever with respect to any of the Assets, or give to others any interest or rights, including rights of termination, acceleration or cancellation in or with respect to any of the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Open Market Inc)

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No Conflict or Default. Neither the execution and delivery of ---------------------- this Agreement, nor compliance with the terms and provisions hereof, including without limitation, the consummation of the transactions contemplated hereby, will violate any statutestatue, regulation or ordinance of any governmental authority, or conflict with or result in the breach of any term, condition or provision of the Certificate Articles of Incorporation or Bylaws of Seller or of any agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation or instrument to which Seller is a party or by which it or any of the Assets are 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, or result in the creation or imposition of any lien, charge or encumbrance, or restriction of any nature whatsoever with respect to any of the Assets, or give to others any interest or rights, including rights of termination, acceleration or cancellation in or with respect to any of the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Qualix Group Inc)

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