No Defaults or Conflicts. Neither the execution and delivery by the Company of this Agreement nor the consummation or performance by the Company of the transactions contemplated by this Agreement to be consummated or performed by it (i) results or will result in any violation of its constituent documents; (ii) subject to obtaining any required consent under the Credit Agreement, violates or conflicts with, or constitutes a breach of any of the terms or provisions of or a default under, or results in the creation or imposition of any Lien upon any property or asset of the Company, the trigger of any charge, payment or requirement of consent, or the acceleration or increase of the maturity of any payment date under: (A) any Contract or (B) any applicable Law or Order to which the Company or any of its respective properties is subject.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (Forest Oil Corp), Membership Interest Purchase Agreement (Pacific Energy Resources LTD)
No Defaults or Conflicts. Neither the execution and delivery by the Company of this Agreement nor the consummation or performance by the Company of the transactions contemplated by this Agreement to be consummated or performed by it (i) results or will result in any violation of its constituent documentsthe certificate of incorporation or bylaws of the Company; (ii) subject to obtaining any required consent under the Credit Agreement, violates or conflicts with, or constitutes a breach of any of the terms or provisions of or a default under, or results in the creation or imposition of any Lien upon any property or asset of the Company, the trigger of any charge, payment or requirement of consent, or the acceleration or increase of the maturity of any payment date under: (A) any Contract or (B) any applicable Law or Order to which the Company or any of its their respective properties is subject.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Edge Petroleum Corp), Stock Purchase Agreement (Maverick Oil & Gas, Inc.)