Common use of No Conflict or Default Clause in Contracts

No Conflict or Default. Neither the execution and delivery of this ---------------------- Agreement or the related agreements, nor compliance with the terms and provisions hereof and thereof, including without limitation, the consummation of the transactions contemplated hereby and 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 Articles of Incorporation or Bylaws of SELLER, as presently in effect, 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 Purchased Assets or assets of DTS 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.

Appears in 1 contract

Samples: Business Sales Agreement (Ise Labs Inc)

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No Conflict or Default. Neither the execution and delivery of this ---------------------- Agreement nor the Related Agreements by Seller or the related agreementsMembers, nor compliance by each of Seller and each of the Members with the terms and provisions hereof and or thereof, including without limitation, the consummation of the transactions contemplated hereby and 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 Articles charter documents of Incorporation or Bylaws of SELLER, as presently in effect, Seller or of any agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation, or instrument to which SELLER Seller or any of the Members is a party or by which it or her or she or any of the Purchased Assets or assets of DTS 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Netopia Inc)

No Conflict or Default. Neither the execution and delivery of ---------------------- this ---------------------- Agreement or the related agreementsEscrow Agreement, nor compliance with the terms and provisions hereof and thereof, including without limitation, the consummation of the transactions contemplated hereby and thereby, will violate any statute, regulation, or ordinance of any governmental or administrative authority, or conflict with or result in the breach of any term, condition, or provision of the Seller's Articles of Incorporation or Bylaws of SELLERBylaws, as presently in effect, or of any agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation, or instrument to which SELLER is Seller or any of the Securityholders are a party or by which it or they or any of the Purchased Assets or assets of DTS 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (P-Com Inc)

No Conflict or Default. Neither the execution and delivery of this ---------------------- Agreement or the related agreementsRelated Agreements, nor compliance with the terms and provisions hereof and thereof, including without limitation, the consummation of the transactions contemplated hereby and 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 Articles Seller or IAC's Certificate of Incorporation or Bylaws of SELLERBylaws, as presently in effect, or of any agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation, or instrument to which SELLER Seller or IAC is a party or by which it either of them or any of the Purchased Assets or assets of DTS 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ultratech Stepper Inc)

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No Conflict or Default. Neither Except as set forth on Schedule 2.16, ---------------------- ------------- neither the execution and delivery of this ---------------------- Agreement or and the related agreementsRelated Agreements, nor compliance with the terms and provisions hereof and thereof, including without limitation, the consummation of the transactions contemplated hereby and thereby, will violate any statute, regulation, or ordinance of any governmental authority, or administrative authority or conflict with or result in the breach of any term, condition, or provision of the Articles of Incorporation partnership agreement or Bylaws of SELLER, as presently in effect, limited liability company agreements under which Sellers are organized or of any agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation, or instrument to which SELLER any of Sellers is a party or by which it they or any of the Purchased Assets or assets of DTS Sellers are or may be boundbound (including, without limitation, the Material Contracts), 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 1 contract

Samples: Asset Purchase Agreement (Hall Kinion & Associates Inc)

No Conflict or Default. Neither the execution and delivery of this ---------------------- Agreement or the related agreementsAgreement, nor compliance with the terms and provisions hereof and thereofthereof including, including without limitation, the consummation of the transactions contemplated hereby and therebywill, will to the best of Seller's knowledge, violate any statute, regulation, or ordinance of any governmental or administrative authority, or conflict with or result in the breach of any term, condition, or provision of the Seller's Articles of Incorporation or Bylaws of SELLERBylaws, as presently in effect, or of any agreement, deed, contract, mortgage, indenture, writ, order, decree, legal obligation, or instrument to which SELLER Seller is a party or by which it or any of the Purchased Acquired Assets or assets of DTS Seller 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.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Tanners Restaurant Group Inc)

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