Common use of No Contravention Clause in Contracts

No Contravention. The execution and delivery of this Agreement by the Company and the performance of its obligations hereunder and the consummation by the Company of the transactions contemplated by this Agreement and compliance by the Company with the provisions of this Agreement (i) have been duly authorized by all necessary company action, (ii) do not contravene the terms of the Company’s organizational documents, (iii) do not materially violate, conflict with or result in any breach or contravention of, or the creation of any material lien, charge or encumbrance under, any material agreement, contract, license, permit or instrument to which the Company is a party or by which the Company or any of its assets or properties are bound and (iv) do not materially violate any law, statute, regulation, order or decree applicable to, or binding upon, the Company or any of its assets or properties.

Appears in 18 contracts

Samples: Shareholders Agreement (CommonWealth REIT), Shareholders Agreement (Hospitality Properties Trust), Shareholders Agreement (Travelcenters of America LLC)

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No Contravention. The execution Company is not in violation or default of any provisions of its certificate of incorporation or bylaws. The execution, delivery and delivery performance of this Agreement by the Company and the performance of its obligations hereunder and the consummation by the Company of the transactions contemplated by this Agreement hereunder do not (and compliance by shall not with notice or lapse of time or both) conflict with, result in the Company with the provisions of this Agreement breach of, or constitute a default under (i) have been duly authorized by all necessary company actionthe certificate of incorporation or bylaws of the Company, (ii) do not contravene the terms of any order, injunction or judgment applicable to the Company’s organizational documents, (iii) do not materially violateany note, conflict with or result in any breach or contravention ofmortgage, or the creation deed of any material lientrust, charge or encumbrance under, any material loan agreement, contract, license, permit lease or other agreement or instrument to which the Company is a party or by which the Company is bound or any of its assets or properties are bound and (iv) do not materially violate any law, statute, regulation, order or decree applicable to, or binding upon, to which the Company or any of its the Company’s assets are subject or properties(iv) any statute, decree, rule or regulation of any court, regulatory authority or governmental body applicable to the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (GTT Communications, Inc.)

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