No Conflicting Actions Clause Samples
The No Conflicting Actions clause prohibits parties from undertaking actions that would contradict or undermine the terms and obligations set forth in the agreement. In practice, this means that each party must avoid entering into agreements, making commitments, or engaging in conduct that would interfere with their ability to fulfill their contractual duties. This clause ensures that all parties remain fully capable of performing as agreed, thereby preventing disputes or breaches caused by conflicting obligations.
No Conflicting Actions. No Party may take or omit to take any action, enter into any agreement, or make any commitment that would conflict or interfere in any material respect with its obligations to the other Party under this Agreement.
No Conflicting Actions. (a) Neither Party will take any action, enter into any agreement, or make any commitment, that would conflict or interfere in any material respect with its obligations to another Party under the Agreement.
(b) Unless so required by applicable law or regulation or in order to establish a dividend, distribution or other rights attaching to the Shares, the Company shall not close its share register or take any other action which prevents the transfer of its Shares or options generally.
No Conflicting Actions. (a) The Company and the US Subsidiary will not, and will ensure that the Subsidiaries do not, take any action (other than as required under the Approved Agreements), enter into any agreement, or make any commitment that would conflict or interfere in any material respect with its obligations to the Investor under the Agreement.
(b) Unless so required by applicable law or regulation or in order to establish a dividend, distribution or other rights attaching to the Shares, the Company shall not close its share register or take any other action which prevents the transfer of its Shares or other Equity Securities. For the avoidance of doubt, this does not include any trading halt or suspension that the Company may be entitled to, or obligated to undertake by ASX.
No Conflicting Actions. (a) The Company will not, and will ensure that the Subsidiaries do not, take any action, enter into any agreement, or make any commitment that would conflict or interfere in any material respect with its obligations to the Investor under the Agreement.
(b) Unless so required by applicable law or regulation or in order to establish a dividend, distribution or other rights attaching to the Shares, the Company shall not close its share register or take any other action which prevents the transfer of its Shares or other Equity Securities. For the avoidance of doubt, this does not include any trading halt or suspension that the Company may be entitled to, or obligated to undertake by ASX.
No Conflicting Actions. No Sunshine Company shall take any action which is inconsistent or in conflict with the terms and provisions of this Agreement and the Pledge Agreement.
No Conflicting Actions. Eureka will not assign, transfer, convey or grant any license or other rights to its rights, title and interests in or to the Eureka Licensed Technology that would conflict with or limit the scope of any of the rights or licenses granted to Licensee under this Agreement. Licensee will retain Control of the Licensee Agreement Technology and Licensee’s interest in the Joint Agreement Technology so as not to conflict with or limit the scope of any of the rights or licenses granted to granted to Eureka under this Agreement.
No Conflicting Actions. Second shall not enter into any agreement or transaction, undertake any obligation, indebtedness or liability, or take any acts or actions that are reasonably likely to materially impair or preclude Second's ability to obtain the Governmental or Regulatory Authority to consummate the transactions contemplated by this Agreement without the imposition of a condition, restriction or requirement of the type described in Section 8.03(b).
No Conflicting Actions. Park shall not enter into any agreement or transaction, undertake any obligation, indebtedness or liability, or take any acts or actions that are reasonably likely to materially impair or preclude Park's ability to obtain the Governmental Authority or Regulatory Authority to consummate the transactions contemplated by this Agreement without the imposition of a condition, restriction or requirement of the type described in Section 8.03(b).
No Conflicting Actions. 43 ARTICLE EIGHT -- CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE PARTIES.....44 8.01. Conditions to the Obligations of Second and Merger Corp.......44 8.02. Conditions to the Obligations of Commerce.....................45 8.03. Mutual Conditions.............................................47 ARTICLE NINE -- CLOSING.....................................................47 9.01. Closing.......................................................47 9.02. Closing Transactions Required of Second and Merger Corp.......48 9.03. Closing Transactions Required of Commerce.....................48 ARTICLE TEN -- NON-SURVIVAL OF REPRESENTATIONS, WARRANTIES AND COVENANTS....49 10.01. Non-Survival of Representations, Warranties and Covenants.....49