Common use of No Violation of Applicable Laws or Agreements Clause in Contracts

No Violation of Applicable Laws or Agreements. The execution and delivery of this Agreement do not, and the consummation of the transactions contemplated by this Agreement and the compliance with the terms, conditions and provisions of this Agreement by Buyer will not, (a) violate or conflict with any provision of Buyer's articles of organization or operating agreement, as the case may be; (b) violate, conflict with or result in the breach or termination of, require the consent of, or otherwise give any contracting party (which has not consented to such execution, delivery and consummation) the right to change the terms of, or to terminate or accelerate the maturity of, or constitute a default under the terms of, any indenture, mortgage, loan or credit agreement or any other material agreement or instrument to which Buyer is a party or by which any of its assets may be bound or affected; (c) violate any Applicable Law, other than any such conflicts, breaches, terminations, accelerations, defaults or violations that would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Merger Agreement (Satellink Communications Inc), Merger Agreement (Satellink Communications Inc)

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No Violation of Applicable Laws or Agreements. The execution and delivery of this Agreement by Seller do not, and the consummation of the transactions contemplated by this Agreement and the compliance with the terms, conditions and provisions of this Agreement by Buyer Seller, will not, not (a) violate or conflict with any provision of BuyerSeller's or the Companies' articles of organization incorporation or operating agreement, as the case may bebylaws; (b) except as set forth in Section 3.06 of the Seller Disclosure Memorandum, violate, conflict with or result in the breach or termination of, require the consent of, or otherwise give any contracting party (which has not consented to such execution, delivery and consummation) the right to change the terms of, or to terminate or accelerate the maturity of, or constitute a default under the terms of, any indenture, mortgage, loan or credit agreement or any other material agreement or instrument to which Buyer any of Seller or the Companies is a party or by which any of its them or any of their assets may be bound or affected, or any Applicable Law; (c) violate result in the creation or imposition of any Applicable Lawlien, charge or encumbrance of any nature whatsoever upon any of the Companies' assets or give to others any interests or rights therein; other than any such conflicts, breaches, terminations, accelerations, defaults or violations that would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Fuqua Enterprises Inc), Stock Purchase Agreement (Atlantic American Corp)

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No Violation of Applicable Laws or Agreements. The execution --------------------------------------------- and delivery of this Agreement do not, and the consummation of the transactions contemplated by this Agreement and the compliance with the terms, conditions and provisions of this Agreement by Buyer will not, (a) violate or conflict with any provision of Buyer's articles of organization or operating agreement, as the case may be; (b) violate, conflict with or result in the breach or termination of, require the consent of, or otherwise give any contracting party (which has not consented to such execution, delivery and consummation) the right to change the terms of, or to terminate or accelerate the maturity of, or constitute a default under the terms of, any indenture, mortgage, loan or credit agreement or any other material agreement or instrument to which Buyer is a party or by which any of its assets may be bound or affected; (c) violate any Applicable Law, other than any such conflicts, breaches, terminations, accelerations, defaults or violations that would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (Satellink Communications Inc)

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