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 (A) conflict with or violate any provision of the organizational documents of Voting Party or (B) 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, permit, concession, franchise, license, judgment, order, notice, decree, statute, law, ordinance, rule or regulation applicable to Voting Party or to Voting Party’s property or assets, except, in the case of clause (B), that would not reasonably be expected to impair, individually or in the aggregate, Voting Party’s ability to fulfill its obligations under this Agreement. As of the date of this Agreement, there is no Action pending or, to the knowledge of such Voting Party, threatened, against such Voting Party or any of Voting Party’s Affiliates or any of their respective assets or properties that would materially interfere with such Voting Party’s ability to perform its obligations pursuant to this Agreement or that would reasonably be expected to prevent, enjoin, alter or delay any of the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Horizon Acquisition Corp), Stockholders’ Agreement (Vivid Seats Inc.), Stockholders’ Agreement (Horizon Acquisition Corp)

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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 (Ai) conflict with or violate any provision of the organizational documents of Voting Party Stockholder Party, or (Bii) 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, judgmentnotice or Law, order, notice, decree, statute, law, ordinance, rule or regulation applicable to Voting a Stockholder Party or to Voting a Stockholder Party’s property or assets, except, in the case of clause (Bii), that would not reasonably be expected to impair, individually or in the aggregate, Voting Stockholder Party’s ability to fulfill its obligations under this Agreement. As of the date of this Agreement, there is no Action Proceeding pending or, to the knowledge of such Voting a Stockholder Party, threatened, against such Voting Stockholder Party or any of Voting Stockholder Party’s Affiliates or any of their respective assets or properties that would materially interfere with such Voting 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 by this Agreementhereby.

Appears in 3 contracts

Samples: Stockholders’ Agreement (Archaea Energy Inc.), Business Combination Agreement (Rice Acquisition Corp.), Business Combination Agreement (Rice Acquisition Corp.)

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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, (Aa) conflict with or violate any provision of the organizational documents of Voting such Party or (Bb) 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, permit, concession, franchise, license, judgment, order, notice, decree, statute, law, ordinance, rule or regulation applicable to Voting such Party or to Voting such Party’s property or assets, except, in the case of this clause (Bb), that would not reasonably be expected to impair, individually or in the aggregate, Voting such Party’s ability to fulfill its obligations under this Agreement. As of the date of this Agreement, there is no Action pending or, to the knowledge of such Voting Party, threatened, against such Voting Party or any of Voting such Party’s Affiliates or any of their respective assets or properties that would materially interfere with such Voting Party’s ability to perform its obligations pursuant to under this Agreement or that would reasonably be expected to prevent, enjoin, alter or delay any of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Director Nomination Agreement (PPD, Inc.)

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