Common use of No Conflicts; Litigation Clause in Contracts

No Conflicts; Litigation. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, nor compliance with the terms hereof, will (i) conflict with or violate any provision of the organizational documents of Stockholder Party, or (ii) violate, conflict with or result in a breach of, or constitute a default (with or without notice or lapse of time or both) under any provision of, any trust agreement, loan or credit agreement, note, bond, mortgage, indenture, Lease or other agreement, instrument, concession, franchise, license, notice or Law, applicable to a Stockholder Party or to a Stockholder Party’s property or assets, except, in the case of clause (ii), that would not reasonably be expected to impair, individually or in the aggregate, Stockholder Party’s ability to fulfill its obligations under this Agreement. As of the date of this Agreement, there is no Proceeding pending or, to the knowledge of a Stockholder Party, threatened, against such Stockholder Party or any of Stockholder Party’s Affiliates or any of their respective assets or properties that would materially interfere with such Stockholder Party’s ability to perform his, her or its obligations pursuant to this Agreement or that would reasonably be expected to prevent, enjoin, alter or delay any of the transactions contemplated hereby.

No Conflicts; Litigation. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, nor compliance with the terms hereof, will (iA) conflict with or violate any provision of the organizational documents of Stockholder Party, Voting Party or (iiB) violate, conflict with or result in a breach of, or constitute a default (with or without notice or lapse of time or both) under any provision of, any trust agreement, loan or credit agreement, note, bond, mortgage, indenture, Lease lease or other agreement, instrument, permit, concession, franchise, license, notice judgment, order, notice, decree, statute, law, ordinance, rule or Law, regulation applicable to a Stockholder Voting Party or to a Stockholder Voting Party’s property or assets, except, in the case of clause (iiB), that would not reasonably be expected to impair, individually or in the aggregate, Stockholder Voting Party’s ability to fulfill its obligations under this Agreement. As of the date of this Agreement, there is no Proceeding Action pending or, to the knowledge of a Stockholder such Voting Party, threatened, against such Stockholder Voting Party or any of Stockholder Voting Party’s Affiliates or any of their respective assets or properties that would materially interfere with such Stockholder Voting Party’s ability to perform his, her or its obligations pursuant to this Agreement or that would reasonably be expected to prevent, enjoin, alter or delay any of the transactions contemplated herebyby this Agreement.

No Conflicts; Litigation. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, nor compliance with the terms hereof, will will, (ia) conflict with or violate any provision of the organizational documents of Stockholder Party, such Party or (iib) violate, conflict with or result in a breach of, or constitute a default (with or without notice or lapse of time or both) under any provision of, any trust agreement, loan or credit agreement, note, bond, mortgage, indenture, Lease lease or other agreement, instrument, permit, concession, franchise, license, notice judgment, order, notice, decree, statute, law, ordinance, rule or Law, regulation applicable to a Stockholder such Party or to a Stockholder such Party’s property or assets, except, in the case of this clause (iib), that would not reasonably be expected to impair, individually or in the aggregate, Stockholder such Party’s ability to fulfill its obligations under this Agreement. As of the date of this Agreement, there is no Proceeding Action pending or, to the knowledge of a Stockholder such Party, threatened, against such Stockholder Party or any of Stockholder such Party’s Affiliates or any of their respective assets or properties that would materially interfere with such Stockholder Party’s ability to perform his, her or its obligations pursuant to under this Agreement or that would reasonably be expected to prevent, enjoin, alter or delay any of the transactions contemplated herebyby this Agreement.