Common use of No Conflict with Restrictions; No Default Clause in Contracts

No Conflict with Restrictions; No Default. Neither the execution, delivery and performance of this Agreement nor the consummation by such Member of the transactions contemplated hereby (i) will conflict with, violate, or result in a breach of any of the terms, conditions or provisions of any law, regulation, order, writ, injunction, decree, determination, or award of any court, any governmental department, board, agency, or instrumentality, domestic or foreign, or any arbitrator, applicable to such Member, (ii) will conflict with, violate, result in a breach of, or constitute a default under any of the terms, conditions or provisions of the articles of incorporation, bylaws, articles of organization, operating agreement or partnership agreement of such Member or of any material agreement or instrument to which such Member is a party or by which such Member is or may be bound or to which any of its material properties or assets is subject, (iii) will conflict with, violate, result in a breach of, constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, give to others any material interests or rights, or require any consent, authorization or approval under any indenture, mortgage, lease agreement or instrument to which such Member is a party or by which such Member is or may be bound, or (iv) will result in the creation or imposition of any lien upon any of the material properties or assets of such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (MGP Ingredients Inc)

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No Conflict with Restrictions; No Default. Neither the execution, delivery and performance of this Agreement by such Member nor the consummation by such Member of the transactions contemplated hereby to be consummated by such Member (i) will conflict with, violate, violate or result in a breach of any of the terms, conditions or provisions of any law, regulation, order, writ, injunction, decree, determination, determination or award of any court, any governmental department, board, agency, agency or instrumentality, domestic or foreign, or any arbitrator, arbitrator applicable to such Member, (ii) will conflict with, violate, result in a breach of, of or constitute a default under any of the terms, conditions or provisions of the articles of incorporation, bylaws, articles of organization, partnership agreement or operating agreement (or partnership agreement any other governing instrument) of such Member or of any material agreement or instrument to which such Member is a party or by which such Member is or may be otherwise bound or to which any of its material properties or assets is subject, (iii) will conflict with, violate, result in a breach of, constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, give to others any material interests or rights, or require any consent, authorization or approval under under, any indenture, mortgage, lease agreement or instrument to which such Member is a party or by which such Member is or may be otherwise bound, or (iv) will result in the creation or imposition of any lien lien, claim or encumbrance upon any of the material properties or assets of such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BRT Realty Trust)

No Conflict with Restrictions; No Default. Neither the execution, delivery delivery, and performance of this Amended Agreement nor the consummation by such Member of the transactions contemplated hereby (i1) will conflict with, violate, or result in a breach of any of the terms, conditions conditions, or provisions of any law, regulation, order, writ, injunction, decree, determination, or award of any court, any governmental department, board, agency, or instrumentality, domestic or foreign, or any arbitrator, applicable to such MemberMember or any of its Affiliates, (ii2) will conflict with, violate, result in a breach of, or constitute a default under any of the terms, conditions conditions, or provisions of the articles of incorporation, bylaws, articles of organization, operating agreement or partnership agreement bylaws of such Member or any of its Affiliates or of any material agreement or instrument to which such Member or any of its Affiliates is a party or by which such Member Member, or any of its Affiliates is or may be bound or to which any of its material properties or assets is subject, (iii3) will conflict with, violate, result in a breach of, constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, give to others any material interests or rights, or require any consent, authorization authorization, or approval under any indenture, mortgage, lease agreement agreement, or instrument to which such Member or any of its Affiliates is a party or by which such Member or any of its Affiliates is or may be bound, or (iv4) will result in the creation or imposition of any lien upon any of the material properties or assets of such MemberMember or any of its Affiliates.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

No Conflict with Restrictions; No Default. Neither the execution, delivery delivery, and performance of this Agreement nor the consummation by such Member of the transactions contemplated hereby hereby: (i) will conflict with, violate, or result in a breach of any of the terms, conditions conditions, or provisions of any law, regulation, order, writ, injunction, decree, determination, or award of any court, any governmental department, board, agency, or instrumentality, domestic or foreign, or any arbitrator, applicable to such Member, ; (ii) will conflict with, violate, result in a breach of, or constitute a default under any of the terms, conditions conditions, or provisions of the articles of incorporation, bylaws, articles of organization, operating partnership agreement or partnership operating agreement of such Member or of any material agreement or instrument to which such Member is a party or by which such Member is or may be bound or to which any of its material properties or assets is subject, ; (iii) will conflict with, violate, result in a breach of, constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, give to others any material interests or rights, or require any consent, authorization authorization, or approval under any indenture, mortgage, lease agreement agreement, or instrument to which such Member is a party or by which such Member is or may be bound, ; or (iv) will result in the creation or imposition of any lien upon any of the material properties or assets of such Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Helios & Matheson Analytics Inc.)

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No Conflict with Restrictions; No Default. Neither the execution, delivery delivery, and performance of this Agreement nor the consummation by such Member of the transactions contemplated hereby (i) will conflict with, violate, or result in a breach of any of the terms, conditions conditions, or provisions of any law, regulation, order, writ, injunction, decree, determination, or award of any court, any governmental department, board, agency, or instrumentality, domestic or foreign, or any arbitrator, applicable to such Member, (ii) will conflict with, violate, result in a breach of, or constitute a default under any of the terms, conditions conditions, or provisions of the articles of incorporation, bylaws, articles of organization, operating partnership agreement or partnership operating agreement of such Member or of any material agreement or instrument to which such Member is a party or by which such Member is or may be bound or to which any of its material properties or assets is subject, (iii) will conflict with, violate, result in a breach of, constitute a default under (whether with notice or lapse of time or both), accelerate or permit the acceleration of the performance required by, give to others any material interests or rights, or require any consent, authorization authorization, or approval under any indenture, mortgage, lease agreement agreement, or instrument to which such Member is a party or by which such Member is or may be bound, or (iv) will result in the creation or imposition of any lien upon any of the material properties or assets of such Member.or

Appears in 1 contract

Samples: Operating Agreement

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