No Violation to Result. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby: (a) are not in violation or breach of, do not conflict with or constitute a default under, and will not accelerate or permit the acceleration of the performance required by, any of the terms of the charter documents or by-laws of the Buyer or any note, debt instrument, security agreement or mortgage, or any other contract or agreement, written or oral, to which the Buyer is a party or by which the Buyer or Xxxxxxx or any of their respective properties or assets are bound; (b) will not be an event which, after notice or lapse of time or both, will result in any such violation, breach, conflict, default, or acceleration; (c) will not result in violation under any law, judgment, decree, order, rule, regulation or other legal requirement of any governmental authority, court or arbitration tribunal whether federal, state, provincial, municipal or local (within the U.S. or otherwise) at law or in equity, and applicable to either the Buyer or Xxxxxxx; and (d) will not result in the creation or imposition of any lien, possibility of lien, encumbrance, security agreement, equity, option, claim, charge, pledge or restriction in favor of any third person upon any of the properties or assets of the Buyer.
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Samples: Asset Purchase Agreement (Whitman Education Group Inc)
No Violation to Result. The Except as set forth on Schedule 5.05, the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby:
(a) are not in violation or breach of, do not conflict with or constitute a default under, and will not accelerate or permit the acceleration of the performance required by, any of the terms of the charter documents or byBy-laws of the Buyer Company or any Contract, note, debt instrument, security agreement or mortgage, or any other contract or agreement, written or oral, to which the Buyer Company is a party or by which the Buyer or Xxxxxxx or any of their respective its properties or assets are is bound;
(b) will not be an event which, after notice or lapse of time or both, will result in any such violation, breach, conflict, default, default or acceleration;
(c) will not result in a violation under any law, judgment, decree, order, rule, regulation or other legal requirement of any governmental authority, court or arbitration tribunal whether federalFederal, state, provincial, municipal or local (within the U.S. or otherwise) at law or in equity, and applicable to either the Buyer or XxxxxxxCompany; and
(d) will not result in the creation or imposition of any lien, possibility of lien, encumbrance, security agreement, equity, option, claim, charge, pledge or restriction Encumbrance in favor of any third person upon any of the properties or assets of the BuyerCompany.
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Samples: Merger Agreement (Logimetrics Inc)
No Violation to Result. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby:
(a) are not in violation or breach of, do not conflict with or constitute a default under, and will not accelerate or permit the acceleration of the performance required by, any of the terms of the charter documents or by-by- laws of the Buyer Acquisition or Xxxxxxx or any note, debt instrument, security agreement or mortgage, or any other contract or agreement, written or oral, to which the Buyer Acquisition or Xxxxxxx is a party or by which the Buyer Acquisition or Xxxxxxx or any of their respective properties or assets are bound;
(b) will not be an event which, after notice or lapse of time or both, will result in any such violation, breach, conflict, default, or acceleration;
(c) will not result in violation under any law, judgment, decree, order, rule, regulation or other legal requirement of any governmental authority, court or arbitration tribunal whether federal, state, provincial, municipal or local (within the U.S. or otherwise) at law or in equity, and applicable to either the Buyer Acquisition or Xxxxxxx; and
(d) will not result in the creation or imposition of any lien, possibility of lien, encumbrance, security agreement, equity, option, claim, charge, pledge or restriction in favor of any third person upon any of the properties or assets of the Buyereither Acquisition or Xxxxxxx.
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No Violation to Result. The Except as set forth on Schedule 5.06, the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby:
(a) are not in violation or breach of, do not conflict with or constitute a default under, and will not accelerate or permit the acceleration of the performance required by, any of the terms of the charter documents or by-by- laws of the Buyer MDJB or any Contract, note, debt instrument, security agreement or mortgage, or any other contract or agreement, written or oral, to which the Buyer MDJB is a party or by which the Buyer or Xxxxxxx or any of their respective properties or assets are bound;
(b) will not be an event which, after notice or lapse of time or both, will result in any such violation, breach, conflict, default, or acceleration;
(c) will not result in a violation under any law, judgment, decree, order, rule, regulation or other legal requirement of any governmental authority, court or arbitration tribunal whether federal, state, provincial, municipal or local (within the U.S. or otherwise) at law or in equity, and applicable to either the Buyer or XxxxxxxMDJB; and
(d) will not result in the creation or imposition of any lien, possibility of lien, encumbrance, security agreement, equity, option, claim, charge, pledge or restriction in favor of any third person upon any of the properties or assets of the Buyerany of MDJB.
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