Common use of No Violations; Consents and Approvals Clause in Contracts

No Violations; Consents and Approvals. (a) Neither the execution and delivery of the Subscriber Documents by the Subscriber nor the consummation by the Subscriber of the transactions contemplated hereby and thereby will (i) violate any provision of the certificate of incorporation or bylaws of the Subscriber, (ii) 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, amendment, cancellation or acceleration) under, any of the terms, conditions or provisions of any loan or credit agreement, note, bond, mortgage, indenture, guarantee, other evidence of indebtedness, lease, license, contract, agreement or other instrument or obligation to which the Subscriber is a party or by which any of its assets may be bound or (iii) violate any order, writ, injunction, decree, statute, rule or regulation applicable to the Subscriber or any of its properties or assets; except in the case of clauses (ii) and (iii) for violations, breaches or defaults which would not reasonably be likely to (x) have a Material Adverse Effect on the Subscriber; or (y) impair the ability of the Subscriber to perform its obligations hereunder.

Appears in 5 contracts

Samples: Subscription Agreement (Moto Guzzi Corp /De/), Loan Agreement (Bion Environmental Technologies Inc), Subscription Agreement (Centerpoint Corp)

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No Violations; Consents and Approvals. (a) Neither the The execution and delivery of the Subscriber Transaction Documents and the OAM Stock Purchase Agreement by the Subscriber nor Issuer and the consummation by the Subscriber Issuer of the transactions contemplated hereby and thereby will not (i) violate any provision of the certificate of incorporation or bylaws of the SubscriberIssuer, (ii) 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, amendment, cancellation cancellation, acceleration or accelerationprice adjustment except with respect to the Issuer's currently issued and outstanding Class "J" and Class "SV" warrants) under, any of the terms, conditions or provisions of any loan or credit agreement, material note, bond, mortgage, indenture, guarantee, other evidence of indebtedness, leasewarrant, option, license, lease, contract, agreement or other instrument or obligation to which the Subscriber Issuer or any of its Subsidiaries is a party or by which any of its them or any of their assets may be bound or (iii) violate any order, writ, injunction, decree, statute, rule or regulation applicable to the Subscriber Issuer, any of its Subsidiaries or any of its their properties or assets; , except in the case of clauses (ii) and (iii) for violations, breaches or defaults which which, in the aggregate, would not reasonably be likely to (x) have a Material Adverse Effect on the SubscriberIssuer; or (y) impair the ability of the Subscriber Issuer to perform its obligations hereunder.

Appears in 4 contracts

Samples: Loan Agreement (Centerpoint Corp), Subscription Agreement (Moto Guzzi Corp /De/), Loan Agreement (Bion Environmental Technologies Inc)

No Violations; Consents and Approvals. (a) Neither the The execution and delivery of this Agreement and the Subscriber Purchaser Transaction Documents by the Subscriber nor Purchaser and the consummation by the Subscriber Purchaser of the transactions contemplated hereby and thereby will not (i) violate any provision of the certificate of incorporation or bylaws of the SubscriberPurchaser, (ii) 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, amendment, cancellation or acceleration) under, any of the terms, conditions or provisions of any loan or credit agreement, material note, bond, mortgage, indenture, guarantee, other evidence of indebtedness, license, lease, license, contract, agreement or other instrument or obligation to which the Subscriber Purchaser or any of its Subsidiaries is a party or by which any of its them or any of their assets may be bound or (iii) violate any order, writ, injunction, decree, statute, rule or regulation applicable to the Subscriber Purchaser, any of its Subsidiaries or any of its their properties or assets; , except in the case of clauses (ii) and (iii) for violations, breaches or defaults which would not reasonably be likely to (x) have a Material Adverse Effect on the SubscriberPurchaser; or (y) impair the ability of the Subscriber Purchaser to perform its obligations hereunder.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Centerpoint Corp), Stock Purchase Agreement (Trident Rowan Group Inc), Stock Purchase Agreement (Bion Environmental Technologies Inc)

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No Violations; Consents and Approvals. (a) Neither the The execution and delivery of the Subscriber Selling Stockholder Transaction Documents by the Subscriber nor Selling Stockholder and the consummation by the Subscriber Selling Stockholder of the transactions contemplated hereby and thereby will not (i) violate any provision of the certificate of incorporation or bylaws of the SubscriberSelling Stockholder, (ii) 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, amendment, cancellation or acceleration) under, any of the terms, conditions or provisions of any loan or credit agreement, note, bond, mortgage, indenture, guarantee, other evidence of indebtedness, lease, license, contract, agreement or other instrument or obligation to which the Subscriber Selling Stockholder is a party or by which any of its assets may be bound or (iii) violate any order, writ, injunction, decree, statute, rule or regulation applicable to the Subscriber Selling Stockholder or any of its properties or assets; except in the case of clauses (ii) and (iii) for violations, breaches or defaults which would not reasonably be likely to (x) have a Material Adverse Effect on the SubscriberSelling Stockholder; or (y) impair the ability of the Subscriber Selling Stockholder to perform its obligations hereunder.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Trident Rowan Group Inc), Stock Purchase Agreement (Moto Guzzi Corp /De/), Stock Purchase Agreement (Bion Environmental Technologies Inc)

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