Common use of NO VIOLATION, CONFLICT, ETC Clause in Contracts

NO VIOLATION, CONFLICT, ETC. The execution and delivery of this Agreement, and the consummation of the transactions contemplated hereby, by the Shareholders do not and will not violate, conflict with, result in a breach of, or constitute a default or result in or permit any acceleration of any obligation under (i) any law, ordinance or governmental rule or regulation to which any Shareholder is subject, (ii) any judgment, order, writ, injunction, decree or award of any court, arbitrator or governmental or regulatory official, body or authority which is applicable to any Shareholder, or (iii) any mortgage, indenture, agreement, contract, commitment, lease, license, or other instrument or document, oral or written, to which any Shareholder is a party, or by which any of the shares of Company Common Stock of any Shareholder may be bound, except where a waiver with respect hereto has been or will, prior to the Closing, be obtained or except for such violation, default or conflict that could not reasonably be expected to materially affect the ability of each Shareholder to consummate the transactions provided for in this Agreement.