Common use of No Conflict or Violations Clause in Contracts

No Conflict or Violations. The execution and delivery of this Agreement, the consummation of the transactions contemplated hereby, and the performance of, fulfillment of and compliance with the terms and conditions hereof by Unidym does not and shall not: (i) violate any statute, law, rule, regulation, order, writ, injunction or decree of any court or governmental authority, including any applicable import, export and re-export laws and regulations; (ii) violate or conflict with or constitute a default under any Contract to which Unidym is a party as of the Effective Date, including the Unidym Inbound Agreements; or (iii) result in the creation or imposition of any Lien upon any of the Unidym In-Licensed Patents, except for any Lien created in favor of Samsung by this Agreement, the IP Purchase and Cooperation Agreement or the CNT Production Patent License Agreement.

No Conflict or Violations. The execution and delivery of this Agreement, the consummation of the transactions contemplated hereby, and the performance of, fulfillment of and compliance with the terms and conditions hereof by Unidym does not and shall not: (i) violate any statute, law, rule, regulation, order, writ, injunction or decree of any court or governmental authority, including any applicable import, export and re-export laws and regulations; (ii) violate or conflict with or constitute a default under any Contract to which Unidym is a party as of the Effective Date, including the Unidym Inbound Agreements; or (iii) result in the creation or imposition of any Lien upon any of the Unidym In-Licensed CNT Production Patents, except for any Lien created in favor of Samsung by this Agreement, the IP Intellectual Property Purchase and Business Cooperation Agreement Agreement, or the CNT Production Patent License and Enforcement Agreement.