Common use of No Conflict or Violation; Default Clause in Contracts

No Conflict or Violation; Default. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will violate, conflict with or result in a breach of or constitute a default under (a) or result in the termination or the acceleration of, or the creation in any Person of any right (whether or not with notice or lapse of time or both) to declare a default, accelerate, terminate, modify or cancel any indenture, contract, lease, sublease, loan agreement, note or other obligation or liability to which Seller is a party or by which it is bound, including any Contract, (b) any provision of the certificate of formation or governing documents of Seller, (c) any judgment, order, decree, rule or regulation of any Governmental Body to which Seller or the League is subject or (d) any applicable laws or regulations, including any Environmental Law. There is no (with or without the lapse of time or the giving of notice or both) violation or default or, to the Knowledge of Seller threatened violation or default of or under any Contract by Seller or any other party thereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Millennia Inc)

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No Conflict or Violation; Default. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will violate, conflict with or result in a breach of or constitute a default under (a) or result in the termination or the acceleration of, or the creation in any Person of any right (whether or not with notice or lapse of time or both) to declare a default, accelerate, terminate, modify or cancel any indenture, contract, lease, sublease, loan agreement, note or other obligation or liability (each, a “Buyer Contract”) to which Seller Buyer is a party or by which it is bound, including any Contract, (b) any provision of the certificate of formation or governing documents operating agreement of SellerBuyer, (c) any judgment, order, decree, rule or regulation of any Governmental Body to which Seller or the League Buyer is subject subject, or (d) any applicable laws or regulations, including any Environmental Law. There is no (with or without the lapse of time or the giving of notice or both) violation or default or, to the Knowledge knowledge of Seller Buyer, threatened violation or default of or under any Contract by Seller or any other party theretoBuyer Contract.

Appears in 1 contract

Samples: Asset Purchase Agreement (Millennia Inc)

No Conflict or Violation; Default. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will violate, conflict with or result in a breach of or constitute a default under (a) or result in the termination or the acceleration of, or the creation in any Person of any right (whether or not with notice or lapse of time or both) to declare a default, accelerate, terminate, modify or cancel any indenture, contract, lease, sublease, loan agreement, note or other obligation or liability (each, a "Buyer Contract") to which Seller Buyer is a party or by which it is bound, including any Contract, (b) any provision of the certificate of formation incorporation or governing documents of Sellerbylaws Buyer, (c) any judgment, order, decree, rule or regulation of any Governmental Body to which Seller or the League Buyer’s business is subject or (d) any applicable laws or regulations, including any Environmental Law. There is no (with or without the lapse of time or the giving of notice or both) violation or default or, to the Knowledge knowledge of Seller Buyer, threatened violation or default of or under any Contract by Seller or any other party theretoBuyer Contract.

Appears in 1 contract

Samples: Asset Purchase Agreement (Audio Stocks, Inc.)

No Conflict or Violation; Default. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will violate, conflict with or result in a breach of or constitute a default under (a) or result in the termination or the acceleration of, or the creation in any Person of any right (whether or not with notice or lapse of time or both) to declare a default, accelerate, terminate, modify or cancel any indenture, contract, lease, sublease, loan agreement, note or other obligation or liability to which Seller is a party or by which it is bound, including any Contract, (b) any provision of the certificate of formation incorporation or governing documents bylaws of Seller, (c) any judgment, order, decree, rule or regulation of any Governmental Body to which Seller or the League Seller's business is subject or (d) any applicable laws or regulations, including any Environmental Law. There is no (with or without the lapse of time or the giving of notice or both) violation or default or, to the Knowledge of Seller threatened violation or default of or under any Contract by Seller or any other party thereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Voip Inc)

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No Conflict or Violation; Default. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will violate, conflict with or result in a breach of or constitute a default under (a) or result in the termination or the acceleration of, or the creation in any Person of any right (whether or not with notice or lapse of time or both) to declare a default, accelerate, terminate, modify or cancel any indenture, contract, lease, sublease, loan agreement, note or other obligation or liability to which Seller is a party or by which it is bound, including any Contract, (b) any provision of the certificate of formation incorporation or governing documents bylaws of Seller, (c) any judgment, order, decree, rule or regulation of any Governmental Body to which Seller or the League Seller’s business is subject or (d) any applicable laws or regulations, including any Environmental Law. There is no (with or without the lapse of time or the giving of notice or both) violation or default or, to the Knowledge of Seller threatened violation or default of or under any Contract by Seller or any other party thereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (WQN, Inc.)

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