No Conflict with Material Contracts Sample Clauses
The "No Conflict with Material Contracts" clause ensures that entering into the current agreement does not violate or conflict with any significant existing contracts the party is bound by. In practice, this means the party affirms that their obligations under this new agreement will not breach, default, or otherwise interfere with the terms of other important contracts, such as major supplier agreements, financing arrangements, or partnership deals. This clause serves to protect all parties by confirming that the new agreement can be performed without legal or operational complications arising from prior commitments, thereby reducing the risk of disputes or unenforceable obligations.
No Conflict with Material Contracts. After giving effect to the transactions contemplated by the Credit Documents, there shall be no conflict with, or default under, any Material Contract.
No Conflict with Material Contracts. After giving effect to the Transactions and the other transactions contemplated hereby, there shall be no conflict with, or default under, any Material Contract (including, without limitation, any such agreements (i) entered into pursuant to the Transactions and (ii) in respect of Indebtedness pursuant to Section 6.1), except such exceptions satisfactory to the Lead Arrangers and Administrative Agent.
No Conflict with Material Contracts. Subject to receipt of the Consents set forth in the Company Disclosure Letter, the execution and delivery of this Agreement by the Company, the performance of its obligations under this Agreement and the completion of the First Merger and the other transactions contemplated under this Agreement (excluding the Second Merger) do not and will not (or would not with the giving of notice, the lapse of time or the happening of any other event or condition):
(a) result in a breach or a violation of, or conflict with, any Material Contract; or
(b) result in or give any Person the right to seek, or to cause:
(i) the termination, cancellation, amendment or renegotiation of any Material Contract;
(ii) the acceleration of any indebtedness or other material Liabilities of the Company or any of its Subsidiaries; or
(iii) the forfeiture or other loss, in whole or in part, of any material benefit which would otherwise accrue to the Company or any of its Subsidiaries (including by triggering any right of first refusal or first offer, change in control provision or other restriction or limitation).
No Conflict with Material Contracts. The execution, delivery and performance by the Seller or the Company, as the case may be, of this Agreement and each of the Acquisition Agreements to which it is a party do not (or would not with the giving of notice or the passage of time) result in a breach or a violation of any Material Contract.
No Conflict with Material Contracts. To the knowledge of the Corporation, the execution, delivery and performance by the Corporation of the Transaction Documents to which it is a party will not (or would not with the giving of notice, the passage of time or the happening of any other event or circumstance) give any Person the contractual right to seek, or to cause:
(a) the termination, cancellation, amendment or renegotiation of any Material Contract binding on the Corporation, the Purchased Shares or the Corporation’s Property;
(b) the acceleration of any material debt or other obligation of the Corporation; or
(c) the forfeiture or other loss, in whole or in part, of any material benefit which would otherwise accrue to the Corporation.
No Conflict with Material Contracts. The execution, delivery and performance by the Company of this Agreement, including the application of the use of proceeds set forth in Section 2.4, and each of the Transaction Documents to which it is a party and the transactions contemplated hereby and thereby (including the conversion or exercise of the Purchased Securities into Common Shares), do not (or would not with the giving of notice, the passage of time or the happening of any other event or circumstance):
(a) result in a breach or a violation of, or conflict with, any Material Contract; or
(b) result in or give any Person the right to cause (i) the termination, cancellation, amendment or renegotiation of any Material Contract, or (ii) except as set forth in Section 1.5 of the Company Disclosure Letter, the acceleration or other material modification of any debt or other obligation of the Company.
No Conflict with Material Contracts. The execution, delivery and performance by the Purchaser of the Transaction Documents to which it is a party will not (or would not with the giving of notice, the passage of time or the happening of any other event or circumstance) result in or give any Person the right to seek, or to cause:
(a) the termination, cancellation, amendment or renegotiation of any material Contract binding on or affecting the Purchaser;
(b) the acceleration of any material debt or other obligation of the Purchaser; or
(c) the forfeiture or other loss, in whole or in part, of any material benefit which would otherwise accrue to the Purchaser.
No Conflict with Material Contracts. The execution and delivery of this Agreement by the Company, the performance of its obligations under this Agreement and the completion of the Arrangement and the other transactions contemplated under this Agreement do not and will not (or would not with the giving of notice, the lapse of time or the happening of any other event or condition):
(a) result in a breach or a violation of, or conflict with, any Material Contract; or
(b) result in or give any Person the right to seek, or to cause:
(i) the termination, cancellation, amendment or renegotiation of any Material Contract;
(ii) the enforcement of any right or remedy against the Company or any of its Subsidiaries;
(iii) the payment of any amount by, or the acceleration of any debt or other similar obligation of, the Company or any of its Subsidiaries; or
(iv) the forfeiture or other loss, in whole or in part, of any benefit which would otherwise accrue to the Company or any of its Subsidiaries (including by triggering any right of first refusal or first offer, change in control provision or other restriction or limitation), except, in each case, as would not, individually or in the aggregate, have a Company Material Adverse Effect.
No Conflict with Material Contracts. Except as set out in Section 3.4 of the Seller Disclosure Letter, the execution, delivery and performance by the Seller or the Corporation, as the case may be, of this Agreement (in the case of the Seller) and each of the Acquisition Agreements to which it is a party do not (or would not with the giving of notice, the passage of time or the happening of any other event or circumstance):
(a) result in a breach or a violation of, or conflict with, any Material Contract; or
(b) result in or give any Person the right to seek, or to cause:
(i) the termination, cancellation, amendment or renegotiation of any Material Contract;
(ii) the acceleration of any debt or other obligation of the Corporation under a Material Contract; or
(iii) the forfeiture or other loss, in whole or in part, of any benefit under any Material Contract which would otherwise accrue to the Corporation.