Common use of No Violations; Compliance with Laws Clause in Contracts

No Violations; Compliance with Laws. As of the Closing Date, the execution, delivery and performance by Regency of the Basic Documents to which it is a party and compliance by Regency with the terms and provisions thereof, and the issuance and sale by Regency of the Purchased Units, do not and will not (a) assuming the accuracy of the representations and warranties of the Purchaser contained herein and their compliance with the covenants contained herein, violate any provision of any Law or Permit having applicability to Regency or any of its Subsidiaries or any of their respective Properties, (b) result in a violation or breach of any provision of the certificate of limited partnership or other organizational documents of Regency, or the Partnership Agreement, or any organizational documents of any of Regency’s Subsidiaries, (c) require any consent, approval or notice (other than those previously obtained or given) under or result in a violation or breach of or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under any contract, agreement, instrument, obligation, note, bond, mortgage, license, loan or credit agreement to which Regency or any of its Subsidiaries is a party or by which Regency or any of its Subsidiaries or any of their respective Properties may be bound, or (d) result in or require the creation or imposition of any Lien upon or with respect to any of the Properties now owned or hereafter acquired by Regency or any of its Subsidiaries, except in the case of clause (b) where any such violation, default, breach, termination, cancellation, failure to receive consent, approval or notice, or acceleration with respect to the foregoing provisions of this Section 3.06 would not be, individually or in the aggregate, reasonably likely to result in a Regency Material Adverse Effect.

Appears in 3 contracts

Samples: Common Unit Purchase Agreement (Regency Energy Partners LP), Common Unit Purchase Agreement (Regency Energy Partners LP), Common Unit Purchase Agreement (Energy Transfer Equity, L.P.)

AutoNDA by SimpleDocs

No Violations; Compliance with Laws. As of the each Closing Date, the execution, delivery and performance by Regency ETP of the Basic Documents to which it is a party and compliance by Regency ETP with the terms and provisions thereof, and the issuance and sale by Regency ETP of the Purchased Units, do not and will not (a) assuming the accuracy of the representations and warranties of the Purchaser contained herein and their compliance with the covenants contained herein, violate any provision of any Law or Permit having applicability to Regency ETP or any of its Subsidiaries or any of their respective Properties, (b) result in a violation or breach of any provision of the certificate of limited partnership or other organizational documents of RegencyETP, or the Partnership Agreement, or any organizational documents of any of RegencyETP’s Subsidiaries, (c) require any consent, approval or notice (other than those previously obtained or given) under or result in a violation or breach of or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under any contract, agreement, instrument, obligation, note, bond, mortgage, license, loan or credit agreement to which Regency ETP or any of its Subsidiaries is a party or by which Regency ETP or any of its Subsidiaries or any of their respective Properties may be bound, or (d) result in or require the creation or imposition of any Lien upon or with respect to any of the Properties now owned or hereafter acquired by Regency ETP or any of its Subsidiaries, except in the case of clause (b) where any such violation, default, breach, termination, cancellation, failure to receive consent, approval or notice, or acceleration with respect to the foregoing provisions of this Section ‎Section 3.06 would not be, individually or in the aggregate, reasonably likely to result in a Regency ETP Material Adverse Effect.

Appears in 2 contracts

Samples: Common Unit Purchase Agreement (Energy Transfer Equity, L.P.), Common Unit Purchase Agreement (Energy Transfer Partners, L.P.)

No Violations; Compliance with Laws. As of the each Closing Date, the execution, delivery and performance by Regency ETP of the Basic Documents to which it is a party and compliance by Regency ETP with the terms and provisions thereof, and the issuance and sale by Regency ETP of the Purchased Units, do not and will not (a) assuming the accuracy of the representations and warranties of the Purchaser contained herein and their compliance with the covenants contained herein, violate any provision of any Law or Permit having applicability to Regency ETP or any of its Subsidiaries or any of their respective Properties, (b) result in a violation or breach of any provision of the certificate of limited partnership or other organizational documents of RegencyETP, or the Partnership Agreement, or any organizational documents of any of RegencyETP’s Subsidiaries, (c) require any consent, approval or notice (other than those previously obtained or given) under or result in a violation or breach of or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under any contract, agreement, instrument, obligation, note, bond, mortgage, license, loan or credit agreement to which Regency ETP or any of its Subsidiaries is a party or by which Regency ETP or any of its Subsidiaries or any of their respective Properties may be bound, or (d) result in or require the creation or imposition of any Lien upon or with respect to any of the Properties now owned or hereafter acquired by Regency ETP or any of its Subsidiaries, except in the case of clause (b) where any such violation, default, breach, termination, cancellation, failure to receive consent, approval or notice, or acceleration with respect to the foregoing provisions of this Section 3.06 would not be, individually or in the aggregate, reasonably likely to result in a Regency ETP Material Adverse Effect.

Appears in 2 contracts

Samples: Common Unit Purchase Agreement, Common Unit Purchase Agreement

No Violations; Compliance with Laws. As of the Closing Date, the The execution, delivery and performance by Regency SUN and the General Partner of the Basic Documents to which it is a party and compliance by Regency SUN and the General Partner with the terms and provisions thereof, and the issuance consummation of the transactions contemplated hereby and thereby (including the issuance, sale and delivery by Regency SUN of the Purchased UnitsUnits to the Purchaser and the execution and delivery of the Partnership Agreement Amendment), do not and will not (a) violate any provision of any Law or Permit having applicability to SUN or any of its Subsidiaries or any of their respective Properties, (b) assuming the accuracy of the representations and warranties of the Purchaser contained herein and their compliance with the covenants contained herein, violate any provision of any federal or state securities Law or Permit having applicability to Regency or any of its Subsidiaries or any of their respective Properties, (bc) result in a violation or breach of any provision of the certificate of limited partnership or other organizational documents of RegencySUN, or the Partnership Agreement, or any organizational documents of any of RegencySUN’s Subsidiaries, (cd) require any consent, approval or notice (other than those previously obtained or given) under or result in a violation or breach of or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under any contract, agreement, instrument, obligation, note, bond, mortgage, license, loan or credit agreement to which Regency SUN or any of its Subsidiaries is a party or by which Regency SUN or any of its Subsidiaries or any of their respective Properties may be bound, or (de) result in or require the creation or imposition of any Lien upon or with respect to any of the Properties now owned or hereafter acquired by Regency SUN or any of its Subsidiaries, except in the case of clause (bd) where any such violation, default, breach, termination, cancellation, failure to receive consent, approval or notice, or acceleration with respect to the foregoing provisions of this Section 3.06 would not be, individually or in the aggregate, reasonably likely to result in a Regency SUN Material Adverse Effect.

Appears in 2 contracts

Samples: Series a Preferred Unit Purchase Agreement (Energy Transfer Equity, L.P.), Series a Preferred Unit Purchase Agreement (Sunoco LP)

AutoNDA by SimpleDocs

No Violations; Compliance with Laws. As of the Closing Date, the The execution, delivery and performance by Regency the Partnership Parties of the Basic Transaction Documents to which it each is a party and compliance by Regency the Partnership Parties with the terms and provisions thereof, and the issuance consummation of the transactions contemplated hereby and thereby (including the issuance, sale and delivery by Regency the Partnership of the Purchased UnitsUnits to the Purchaser and the execution and delivery of the Partnership Agreement Amendment), do not and will not (a) violate any provision of any Law having applicability to the Partnership or any of its Subsidiaries or any of their respective Properties, (b) assuming the accuracy of the representations and warranties of the Purchaser contained herein and their its compliance with the covenants contained herein, violate any provision of any federal or state securities Law or Permit having applicability to Regency or any of its Subsidiaries or any of their respective Properties, (bc) result in a violation or breach of any provision of the certificate of limited partnership or other organizational documents of Regency, or the Partnership Agreement, or any organizational documents of any of Regencythe Partnership’s Subsidiaries, (cd) require any consent, approval or notice (other than those previously obtained or given) under or result in a violation or breach of or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under any contract, agreement, instrument, obligation, note, bond, mortgage, license, loan or credit agreement to which Regency the Partnership or any of its Subsidiaries is a party or by which Regency the Partnership or any of its Subsidiaries or any of their respective Properties may be bound, or (de) result in or require the creation or imposition of any Lien upon or with respect to any of the Properties now owned or hereafter acquired by Regency the Partnership or any of its Subsidiaries, except in the case of clause clauses (a), (b) and (d) where any such violation, default, breach, termination, cancellation, failure to receive consent, approval or notice, or acceleration with respect to the foregoing provisions of this Section 3.06 3.16 would not be, individually or in the aggregate, reasonably likely to result in a Regency Material Adverse Effect.

Appears in 1 contract

Samples: Series a Preferred Unit Purchase Agreement (Cypress Energy Partners, L.P.)

No Violations; Compliance with Laws. As of the Closing Date, the execution, delivery and performance by Regency of the Basic Documents to which it is a party and compliance by Regency with the terms and provisions hereof and thereof, and the issuance and sale by Regency of the Purchased Units, do not and will not (a) assuming the accuracy of the representations and warranties of the Purchaser Purchasers contained herein and their compliance with the covenants contained herein, violate any provision of any Law or Permit having applicability to Regency or any of its Subsidiaries or any of their respective Properties, (b) result in a violation or breach of any provision of the certificate of limited partnership or other organizational documents of Regency, or the Partnership Agreement, or any organizational documents of any of Regency’s Subsidiaries, (c) require any consent, approval or notice (other than those previously obtained or given) under or result in a violation or breach of or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of termination, cancellation or acceleration) under any contract, agreement, instrument, obligation, note, bond, mortgage, license, loan or credit agreement to which Regency or any of its Subsidiaries is a party or by which Regency or any of its Subsidiaries or any of their respective Properties may be bound, or (d) result in or require the creation or imposition of any Lien upon or with respect to any of the Properties now owned or hereafter acquired by Regency or any of its Subsidiaries, except in the case of clause (b) where any such violation, default, breach, termination, cancellation, failure to receive consent, approval or notice, or acceleration with respect to the foregoing provisions of this Section 3.06 would not be, individually or in the aggregate, reasonably likely to result in a Regency Material Adverse Effect.

Appears in 1 contract

Samples: Common Unit Purchase Agreement (Regency Energy Partners LP)

Time is Money Join Law Insider Premium to draft better contracts faster.