Common use of No Conflicting Actions Clause in Contracts

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) Neither Party will take any action, enter into any agreement, agreement or make any commitment, 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.