Common use of No Violation of Agreements Clause in Contracts

No Violation of Agreements. The execution, delivery and performance of this Agreement by Buyer and Sub and the consummation of the transactions contemplated hereby and thereby do not and will not conflict with or violate any provision of the Articles of Incorporation of Buyer or Sub and, do not and will not conflict with, violate, result in a breach of, cause a default under an accelerated performance under or accelerate performance under (whether with notice or lapse of time or otherwise), (i) any provision of law or regulation relating to the business of the Buyer, (ii) any provision of any order, arbitration award, judgment or decree to which Buyer or Sub is subject (iii) any provision of any agreement, license or instrument to which Buyer or Sub or any of their assets is subject, or (iv) any other restriction of any kind or character to which the Buyer or Sub or any of its properties is subject, which conflicts, violations, breaches, defaults or accelerations in each of clauses (i), (ii), (iii) or (iv) above would, individually or in the aggregate, adversely affect the Buyer or which would prohibit or restrict the consummation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Merger Agreement and Plan of Reorganization (U S Trucking Inc), Merger Agreement and Plan of Reorganization (U S Trucking Inc)

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No Violation of Agreements. The execution, delivery and performance of this Agreement by Buyer and Sub Seller and the consummation of the transactions contemplated hereby and thereby do not and will not conflict with or violate any provision of the Articles of Incorporation of Buyer or Sub Seller and, do not and will not conflict with, violate, result in a breach of, cause a default under an accelerated performance under or accelerate performance under (whether with notice or lapse of time or otherwise), (i) any provision of law or regulation relating to the business of the BuyerCompany, (ii) any provision of any order, arbitration award, judgment or decree to which Buyer Seller or Sub the Company is subject (iii) any provision of any agreement, license or instrument to which Buyer Seller or Sub the Company or any of their assets is subject, or (iv) any other restriction of any kind or character to which the Buyer or Sub Company or any of its properties is subject, which conflicts, violations, breaches, defaults or accelerations in each of clauses (i), (ii), (iii) or (iv) above would, individually or in the aggregate, adversely affect the Buyer Company or which would prohibit or restrict the consummation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Merger Agreement and Plan of Reorganization (Professional Transportation Group LTD Inc), Merger Agreement and Plan of Reorganization (U S Trucking Inc)

No Violation of Agreements. The execution, delivery and performance of this Agreement by Buyer and Sub and the consummation of the transactions contemplated hereby and thereby do not and will not conflict with or violate any provision of the Articles of Incorporation of Buyer or Sub and, do not and will not conflict with, violate, result in a breach of, cause a default under an accelerated performance under or accelerate performance under (whether with notice or lapse of time or otherwise), (i) any provision of law or regulation relating to the business of the Buyer, (ii) any provision of any order, arbitration award, judgment or decree to which Buyer or Sub is subject (iii) any provision of any agreement, license or instrument to which Buyer or Sub or any of their assets is subject, or (iv) any other restriction of any kind or character to which the Buyer or Sub or any of its properties is subject, which conflicts, violations, breaches, defaults or accelerations in each of clauses (i), (ii), (iii) or (iv) above would, individually or in the aggregate, adversely affect the Buyer or which would prohibit or restrict the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (U S Trucking Inc)

No Violation of Agreements. The execution, delivery and performance of this Agreement by Buyer and Sub Seller and the consummation of the transactions contemplated hereby and thereby do not and will not conflict with or violate any provision of the Articles of Incorporation of Buyer or Sub Seller and, do not and will not conflict with, violate, result in a breach of, cause a default under an accelerated performance under or accelerate performance under (whether with notice or lapse of time or otherwise), (i) any provision of law or regulation relating to the business of the BuyerCompany, (ii) any provision of any order, arbitration award, judgment or decree to which Buyer Seller or Sub the Company is subject (iii) any provision of any agreement, license or instrument to which Buyer Seller or Sub the Company or any of their assets is subject, or (iv) any other restriction of any kind or character to which the Buyer or Sub Company or any of its properties is subject, which conflicts, violations, breaches, defaults or accelerations in each of clauses (iI), (ii), (iii) or (iv) above would, individually or in the aggregate, adversely affect the Buyer Company or which would prohibit or restrict the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (U S Trucking Inc)

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No Violation of Agreements. The execution, delivery and performance of this Agreement by Buyer and Sub Seller and the consummation of the transactions contemplated hereby and thereby do not and will not conflict with or violate any provision of the Articles of Incorporation of Buyer or Sub Seller and, do not and will not conflict with, violate, result in a breach of, cause a default under an accelerated performance under or accelerate performance under (whether with notice or lapse of time or otherwise), (iI) any provision of law or regulation relating to the business of the BuyerCompany, (ii) any provision of any order, arbitration award, judgment or decree to which Buyer Seller or Sub the Company is subject (iii) any provision of any agreement, license or instrument to which Buyer Seller or Sub the Company or any of their assets is subject, or (iv) any other restriction of any kind or character to which the Buyer or Sub Company or any of its properties is subject, which conflicts, violations, breaches, defaults or accelerations in each of clauses (iI), (ii), (iii) or (iv) above would, individually or in the aggregate, adversely affect the Buyer Company or which would prohibit or restrict the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (U S Trucking Inc)

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