Common use of No Shareholder Defaults or Consents Clause in Contracts

No Shareholder Defaults or Consents. Except as otherwise set forth in Schedule 3.04 hereto, the execution and delivery of this Agreement and the Collateral Agreements by the Shareholders and the performance by the Shareholders of their obligations hereunder and thereunder will not violate any provision of law or any judgment, award or decree or any indenture, agreement or other instrument to which any Shareholder is a party, or by which the properties or assets of the Shareholder is bound or affected, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under, any such indenture, agreement or other instrument, in each case except to the extent that such violation, default or breach could not reasonably be expected to delay or otherwise significantly impair the ability of the parties to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Armitec Inc)

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No Shareholder Defaults or Consents. Except as otherwise set forth in Schedule 3.04 3.4 hereto, the execution and delivery of this Agreement and the Collateral Agreements by the Shareholders and the performance by the Shareholders of their obligations hereunder and thereunder will not violate any provision of law or any judgment, award or decree or any indenture, agreement or other instrument to which any Shareholder of the Shareholders is a party, or by which the properties or assets of any of the Shareholder Shareholders is bound or affected, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under, any such indenture, agreement or other instrument, in each case except to the extent that such violation, default or breach could not reasonably be expected to delay or otherwise significantly impair the ability of the parties to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Atlantis Plastics Inc)

No Shareholder Defaults or Consents. Except as otherwise set forth in Schedule 3.04 3.4 hereto, the execution and delivery of this Agreement and the Collateral Agreements by the Shareholders and the performance by the Shareholders of their obligations hereunder and thereunder will not violate any provision of law or any judgment, award or decree or any indenture, agreement or other instrument to which any Shareholder of the Shareholders is a party, or by which the properties or assets of any of the Shareholder Shareholders is bound or affected, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under, any such indenture, agreement or other instrument, in each case except to the extent that such violation, default or breach could not reasonably be expected to delay or otherwise significantly impair the ability of the parties Parties to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Spectrum Sciences & Software Holdings Corp)

No Shareholder Defaults or Consents. Except as otherwise set forth in Schedule 3.04 hereto3.05, the execution and delivery of this Agreement and the Collateral Agreements by the Company and the Shareholders and the performance by the Shareholders such parties of their respective obligations hereunder and thereunder will not violate any provision of law or any judgment, award or decree or any indenture, agreement or other instrument to which any Shareholder is a party, or by which Company, the Subsidiaries or any properties or assets of the any Shareholder is bound or affected, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under, any such indenture, agreement or other instrument, in each case except to the extent that such violation, default or breach could not reasonably be expected to delay or otherwise significantly impair the ability of the parties to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rexall Sundown Inc)

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No Shareholder Defaults or Consents. Except as otherwise set forth in Schedule 3.04 hereto, the execution and delivery of this Agreement and the Collateral Agreements by the Company and the Shareholders and the performance by the Shareholders such parties of their respective obligations hereunder and thereunder will not violate any provision of law or any judgment, award or decree or any indenture, agreement or other instrument to which any either Shareholder is a party, or by which the Company or any properties or assets of the either Shareholder is bound or affected, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under, any such indenture, agreement or other instrument, in each case except to the extent that such violation, default or breach could not reasonably be expected to delay or otherwise significantly impair the ability of the parties to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Heico Corp)

No Shareholder Defaults or Consents. Except as otherwise set forth in Schedule 3.04 3.4 hereto, the execution and delivery of this Agreement and the Collateral Agreements by the Shareholders Shareholder and the performance by the Shareholders Shareholder who is a party thereto of their his obligations hereunder and thereunder will not violate any provision of law or any judgment, award or decree or any indenture, agreement or other instrument to which any the Shareholder is a party, or by which the properties or assets of the Shareholder is bound or affected, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under, any such indenture, agreement or other instrument, in each case except to the extent that such violation, default or breach could not reasonably be expected to delay or otherwise significantly impair the ability of the parties to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Empire Financial Holding Co)

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