No Violation or Breach. The execution and delivery of and performance by Owner of this Contract, the Purchase Agreement and the Related Agreements to which it is a party: (a) does not conflict with the articles of incorporation or bylaws of Owner; (b) does not violate in any material respect any law applicable to Owner or the Property; and (c) does not (or would not with the giving of notice or the lapse of time) result in a material breach or material violation of or a conflict in any material way with, or allow any other person or entity to exercise any rights under any contracts or instruments directly related to the Property to which Owner is a party;
Appears in 2 contracts
Samples: Option Agreement (JR Resources Corp.), Option Agreement (Dakota Territory Resource Corp)
No Violation or Breach. The execution and delivery of and performance by Owner it of this Contract, the Purchase Agreement and the Related Agreements to which it is a party:
(a) does not conflict with the articles of incorporation or bylaws of Ownerits organizational documents;
(b) does not violate in any material respect any law applicable to Owner it or the Property; and
(c) does not (or would not with the giving of notice or the lapse of time) result in a material breach or material violation of or a conflict in any material way with, or allow any other person or entity to exercise any rights under any contracts or instruments directly related to the Property to which Owner it is a party;
Appears in 2 contracts
Samples: Option Agreement for Purchase and Sale of Real Property (JR Resources Corp.), Option Agreement for Purchase and Sale of Real Property (Dakota Territory Resource Corp)
No Violation or Breach. The execution and delivery of and performance by Owner it of this Contract, the Purchase Agreement and the Related Agreements to which it is a party:
(ai) does not conflict with the articles of incorporation or bylaws of Ownerits Organizational Documents;
(bii) does not violate in any material respect any law Law applicable to Owner it or the PropertyPurchased Assets; and
(ciii) to the Knowledge of Seller, does not (or would not with the giving of notice or the lapse of time) result in a material breach or material violation of or a conflict in any material way with, or allow any other person or entity Person to exercise any rights under any contracts or instruments directly related to the Property Purchased Assets to which Owner it is a party;.
Appears in 2 contracts
Samples: Option Agreement for Purchase and Sale of Real Property (JR Resources Corp.), Option Agreement for Purchase and Sale of Real Property (Dakota Territory Resource Corp)
No Violation or Breach. The execution and delivery of and performance by Owner the Purchaser of this Contract, the Purchase Agreement and the Related Agreements to which it is a party:
(ai) does not conflict with the articles Organizational Documents of incorporation or bylaws of Ownerthe Purchaser;
(bii) does not violate in any material respect any law Law applicable to Owner or the PropertyPurchaser; and
(ciii) does not (or would not with the giving of notice or the lapse of time) result in a material breach or material violation of or a conflict in any material way with, or allow any other person or entity to exercise any rights under any contracts or instruments directly related to the Property to which Owner the Purchaser is a party;.
Appears in 2 contracts
Samples: Option Agreement for Purchase and Sale of Real Property (JR Resources Corp.), Option Agreement for Purchase and Sale of Real Property (Dakota Territory Resource Corp)
