Common use of Non-Contravention; Governmental Authorizations Clause in Contracts

Non-Contravention; Governmental Authorizations. (a) The execution and delivery of this Agreement and the Registration Rights Agreement and the performance by the Company of its obligations under this Agreement and the Registration Rights Agreement and the consummation of the transactions contemplated hereby and thereby will not: (i) conflict with or violate any provision of the Company’s certificate of incorporation or by-laws, each as amended; (ii) conflict with or result in any breach of, or constitute a default (or an event which with notice or lapse of time or both would become a default) under, or give rise to any right to termination, acceleration or cancellation under any agreement, lease, mortgage, license, indenture or any other contract to which the Company or any of its Subsidiaries is a party or by which their respective properties may be bound or affected; or (iii) conflict with or violate any Law applicable to the Company or its Subsidiaries, except, in the case of clause (ii) or (iii), as would not, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Backstop Investment Agreement (Great Elm Capital Group, Inc.), Backstop Investment Agreement (Great Elm Capital Group, Inc.), Backstop Investment Agreement (Great Elm Capital Group, Inc.)

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Non-Contravention; Governmental Authorizations. (a) The execution and delivery of this Agreement and the Registration Rights Agreement and the performance by the Company of its obligations under this Agreement and the Registration Rights Agreement and the consummation of the transactions contemplated hereby and thereby will not: (i) conflict with or violate any provision of the Company’s certificate of incorporation or by-laws, each as amended; (ii) conflict with or result in any breach of, or constitute a default (or an event which with notice or lapse of time or both would become a default) under, or give rise to any right to termination, acceleration or cancellation under any agreement, lease, mortgage, license, indenture or any other contract to which the Company or any of its Subsidiaries is a party or by which their respective properties may be bound or affected; or (iii) conflict with or violate any Law applicable to the Company or its Subsidiaries, except, in the case of clause (ii) or (iii), as would not, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Backstop Investment Agreement (hopTo Inc.)

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