No Conflicting Interests Sample Clauses

No Conflicting Interests. The execution and delivery of this Agreement and each agreement or document to be executed and delivered hereunder and the consummation of the transactions contemplated herein and therein will not: (i) violate, be in conflict with, result in a breach of, constitute a default, or cause the acceleration of any obligation of the Company under: (A) any agreement, lease, contract, indenture, instrument, licence, permit or authority to which the Company is, or is entitled to be, a party or to which any or all of its property or the Purchased Shares are subject; (B) any provision of the articles, bylaws or other constating document, or any resolution of the board of directors (or any committee thereof) or shareholders, of the Company; (C) any judgment, decree, order, statute, rule or regulation applicable to the Company, or (D) any provision of Law or regulation of any Governmental Authority or any judicial or administrative order, award, judgment or decree applicable to the Company; or (ii) result in the creation of any Encumbrance upon any of the Purchased Shares or the Assets under any such agreement, lease, contract, instrument, licence, permit or authority.
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No Conflicting Interests. You agree that during the Consulting Period, you shall not directly or indirectly own, manage, operate, conduct, control, be employed by or be connected in any manner with the ownership, management, operation or control of any business that competes with the Company, provided, however, that the foregoing shall not be deemed to prohibit your ownership of stock in any publicly owned company so long as such ownership, directly or indirectly, does not exceed two percent (2%) of the total outstanding stock of such publicly owned company.
Sample 1Sample 2Sample 3
No Conflicting Interests. Developer hereby represents and warrants that the Developer, nor any associated person or organization, presently owns or has any beneficial interest in the Subject Property being conveyed to Developer or entitled to receive any income from the Subject Property. In compliance with 50 ILCS 105/3.1, Developer shall provide the City with a written statement subscribed by an owner, authorized trustee, corporate official, or managing agent, under oath, disclosing the identity of every person having an interest, real or personal, in the development group and every shareholder entitled to receive more than seven and one/half (7 1/2%) percent of the total distributable income of any corporation which will have an interest, real or personal, in such property upon the acquisition of any interest by the Developer in the Subject Property.
Sample 1
No Conflicting Interests. The execution and delivery of this Agreement and each and every agreement or document to be executed and delivered hereunder and the consummation of the transactions contemplated herein will not: (i) violate, be in conflict with, result in a breach of, constitute a default, or cause the acceleration of any obligation of PRL under: (A) any agreement, instrument, licence, permit or authority to which PRL is or is entitled to be, a party or to which any or all of its property and its Purchased Shares are subject, (B) any provision of the articles, by-laws or resolutions of the board of directors (or any committee thereof) or shareholders of PRL, (C) any judgment, decree, order, statute, rule or regulation applicable to PRL, or (D) to the best of the knowledge of PRL, any provision of law or regulation of any governmental or regulatory authority or any judicial or administrative order, award, judgment or decree applicable to PRL; (ii) result in the creation of any Encumbrance upon any or all of the Purchased Shares owned by PRL under any such agreement or instrument; or (iii) give to any Person any material interest or rights that have not been waived prior to the date hereof, including preferential rights of purchase of any part of the Purchased Shares owned by PRL or, to the best of the knowledge of PRL, any property of the Corporation or any right of termination, cancellation or acceleration under any such agreement, instrument, license, permit or authority.
Sample 1
No Conflicting Interests. The execution and delivery of this Agreement and each and every agreement or document to be executed and delivered hereunder and the consummation of the transactions contemplated herein will not in any material respect violate, nor be in conflict with, result in a breach of, constitute a default or cause the acceleration of any obligation of the Purchaser under: (i) any of the terms and provisions of the constating documents or by-laws of the Purchaser or resolutions of the shareholders or directors thereof; (ii) any judgment, decree, order, or award of any court, arbitrator or governmental or regulatory authority; or (iii) any applicable law, statute, rule or regulation applicable to the Purchaser, and which would materially adversely affect the ability of the Purchaser to fulfil and comply with the terms and provisions hereof.
Sample 1
No Conflicting Interests. The Execution and delivery of this Agreement by Hunting and the Vendor and the consummation of the transactions herein provided for will not result in: (a) the breach or violation of any of the provisions of, or constitute a default under, or conflict with or cause the acceleration of any material obligation of Hunting or the Vendor under, or prohibit the performance required by: (i) any provision of the respective constating documents, bylaws or resolutions of the board of directors (or any committee thereof) of Hunting or the Vendor, (ii) any judgment, decree, order, license, permit, approval or award of any Government Authority or arbitrator having jurisdiction over Hunting or the Vendor, or (iii) subject to obtaining the Regulatory Approvals, any Applicable Law, statute, ordinance, regulation or rule; (b) the creation or imposition of any Encumbrance on any of the Purchased Shares, the shares of any Subsidiary or any of the Substantial Assets; or (c) the requirement for the filing with or the consent or approval of any Government Authority except for those filings, consents and approvals referred to in Sections 2.2(b) to (d) inclusive and Section 3.4 as contained in the body of this Agreement and except where a failure to obtain same would not have a Material Adverse Effect.
Sample 1
No Conflicting Interests. The execution and delivery of this Agreement and each and every agreement or document to be executed and delivered hereunder and the consummation of the transactions contemplated herein will not: (i) violate, be in conflict with, result in a breach of, constitute a default, of cause the acceleration of any obligation of the Individual Vendor, under: (A) any agreement, instrument, licence, permit or authority to which the Individual Vendor is, or is entitled to be, a party or to which any or all of its property and its Purchased Shares are subject, (B) any judgment, decree, order, statute, rule or regulation applicable to the Individual Vendor, or (C) to the best of the knowledge of the Individual Vendor, any provision of law or regulation of any governmental or regulatory authority or any judicial or administrative order, award, judgment or decree applicable to the Individual Vendor; (ii) result in the creation of any Encumbrance upon any or all of the Purchased Shares owned by the Individual Vendor under any such agreement or instrument; or (iii) give to any Person any material interest or rights that have not been waived prior to the date hereof, including preferential rights of purchase of any part of the Purchased Shares owned by the Individual Vendor or to the best of the knowledge of the Individual Vendor (if the Individual Vendor is not a Principal Shareholder), any property of the Corporation or any right of termination, cancellation or acceleration under any such agreement, instrument, license, permit or authority.
Sample 1
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No Conflicting Interests. The execution and delivery of this Agreement and each and every agreement or document to be executed and delivered hereunder and the consummation of the transactions contemplated herein will not: (i) violate, be in conflict with, result in a breach of, constitute a default, or cause the acceleration of any obligation of the Trust, under: (A) any agreement, instrument, licence, permit or authority to which the Trust is, or are entitled to be, a party or to which any or all of its property and its Purchased Shares are subject, (B) any judgment, decree, order, statute, rule or regulation applicable to the Trust, or (C) to the best of the knowledge of the Trustees any provision of law or regulation of any governmental or regulatory authority or any judicial or administrative order, award, judgment or decree applicable to the Trust; (ii) result in the creation of any Encumbrance upon the Purchased Shares owned by that Trust under any such agreement or instrument; or (iii) give to any Person any material interest or rights that have not been waived prior to the date hereof, including preferential rights of purchase of any part of the Purchased Shares owned by that Trust or, to the best of the knowledge of the Trustees, any property of the Corporation, or any right of termination, cancellation or acceleration under any such agreement, instrument, license, permit or authority.
Sample 1

Related to No Conflicting Interests

  • Conflicting Interests If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture. To the extent permitted by such Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series.

  • Disqualification; Conflicting Interests If the Trustee has or shall acquire any “conflicting interest” within the meaning of Section 310(b) of the Trust Indenture Act, the Trustee and the Company shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act.

  • No Conflicting Agreements The Company will not take any action, enter into any agreement or make any commitment that would conflict or interfere in any material respect with the Company’s obligations to the Investors under the Transaction Documents.

  • No Conflicting Obligations The Executive represents and warrants to the Company that he is under no obligations or commitments, whether contractual or otherwise, that are inconsistent with his obligations under this Agreement. The Executive represents and warrants that he will not use or disclose, in connection with his Employment, any trade secrets or other proprietary information or intellectual property in which the Executive or any other person has any right, title or interest and that his Employment will not infringe or violate the rights of any other person. The Executive represents and warrants to the Company that he has returned all property and confidential information belonging to any prior employer.

  • Conflicting Interests of Trustee If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.

  • No Conflicting Obligation I represent that my performance of all the terms of this Agreement and as an employee of the Company does not and will not breach any agreement to keep in confidence information acquired by me in confidence or in trust prior to my employment by the Company. I have not entered into, and I agree I will not enter into, any agreement either written or oral in conflict herewith.

  • No Conflicting Agreement By signing this Agreement, Executive warrants that he is not a party to any restrictive covenant, agreement or contract which limits the performance of his duties and responsibilities under this Agreement or under which such performance would constitute a breach.

  • Conflicting Agreements The Executive hereby represents and warrants that the execution of this Agreement and the performance of his obligations hereunder will not breach or be in conflict with any other agreement to which the Executive is a party or is bound and that the Executive is not now subject to any covenants against competition or similar covenants or any court order or other legal obligation that would affect the performance of his obligations hereunder. The Executive will not disclose to or use on behalf of the Company any proprietary information of a third party without such party’s consent.

  • Conflicting Claims If conflicting claims or demands are made or asserted with respect to any interest of any Beneficiary in any Exchangeable Shares, including any disagreement between the heirs, representatives, successors or assigns succeeding to all or any part of the interest of any Beneficiary in any Exchangeable Shares, resulting in conflicting claims or demands being made in connection with such interest, then the Trustee shall be entitled, at its sole discretion, to refuse to recognize or to comply with any such claims or demands. In so refusing, the Trustee may elect not to exercise any Voting Rights, Exchange Right or Automatic Exchange Rights subject to such conflicting claims or demands and, in so doing, the Trustee shall not be or become liable to any person on account of such election or its failure or refusal to comply with any such conflicting claims or demands. The Trustee shall be entitled to continue to refrain from acting and to refuse to act until: (a) the rights of all adverse claimants with respect to the Voting Rights, Exchange Right or Automatic Exchange Rights subject to such conflicting claims or demands have been adjudicated by a final judgment of a court of competent jurisdiction and all rights of appeal have expired; or (b) all differences with respect to the Voting Rights, Exchange Right or Automatic Exchange Rights subject to such conflicting claims or demands have been conclusively settled by a valid written agreement binding on all such adverse claimants, and the Trustee shall have been furnished with an executed copy of such agreement certified to be in full force and effect. If the Trustee elects to recognize any claim or comply with any demand made by any such adverse claimant, it may in its discretion require such claimant to furnish such surety bond or other security satisfactory to the Trustee as it shall deem appropriate to fully indemnify it as between all conflicting claims or demands.

  • Conflicting Interest of Trustee If the Trustee has or shall acquire any "conflicting interest" within the meaning of Section 310(b) of the Trust Indenture Act, the Trustee and the Company shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act.

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