Common use of No Violations Resulting From Transactions Clause in Contracts

No Violations Resulting From Transactions. The execution and delivery by the Business Contribution Member of this Agreement and each of the Related Agreements to which he or she is a party, and the consummation of the transactions contemplated hereby and thereby by the Business Contribution Member will not (a) except as set forth in Exhibit E, require any consent, waiver, approval, authorization or permit of, or filing with or notification to, any third party, (b) result in or constitute a default, or require any consent or approval of or notice to any person or entity, or result in the creation of an Encumbrance, under or pursuant to (i) any of the Contracts, or (ii) any other material agreements to which the Business Contribution Member is a party, or (c) violate any law applicable to the Business Contribution Member or by which any of the Assets is bound.

Appears in 3 contracts

Samples: Operating Agreement (Dispatch Management Services Corp), Operating Agreement (Dispatch Management Services Corp), Operating Agreement (Dispatch Management Services Corp)

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No Violations Resulting From Transactions. The execution and delivery by the Business Contribution Member of this Agreement by the Shareholder and each of the Related Agreements to which he or she is a partyCorporation, and the consummation of the transactions contemplated hereby and thereby by the Business Contribution Member Shareholder and the Corporation will not (a) except as set forth in Exhibit Econflict with or violate any provision of the organizational documents of the Corporation, (b) require any consent, waiver, approval, authorization or permit ofauthorization, permission, or filing with or notification to, any third partyparty which would be material to the operations of the Corporation, (bc) result in or constitute a default, or require any consent or approval of or notice to any person or entity, or result in the creation of an Encumbranceencumbrance, under or pursuant to (i) any of the Contractsmaterial contracts to which the Corporation is a party (including but not limited to contracts of insurance and leases as applicable), or (ii) any other material agreements to which the Business Contribution Member Shareholder is a party, or (cd) violate any law applicable to the Business Contribution Member Shareholder or by which any of the Assets is boundCorporation.

Appears in 1 contract

Samples: Shareholder Agreement (Dispatch Management Services Corp)

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No Violations Resulting From Transactions. The execution and delivery by the Business Contribution Member of this Agreement and each of the Related Agreements to which he or she is they are, respectively, a party, and the consummation of the transactions contemplated hereby and thereby by each of the Business Contribution Member will not (a) except as set forth in Exhibit E, require any consent, waiver, approval, authorization or permit of, or filing with or notification to, any third party, (b) result in or constitute a default, or require any consent or approval of or notice to any person or entity, or result in the creation of an Encumbrance, under or pursuant to (i) any of the Contracts, or (ii) any other material agreements to which the Business Contribution Member is a party, or (c) violate any law applicable to the Business Contribution Member or by which any of the Assets is bound.

Appears in 1 contract

Samples: Business Contribution Agreement (Dispatch Management Services Corp)

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