Common use of Non-Contravention; Third Party Consents Clause in Contracts

Non-Contravention; Third Party Consents. Neither the execution and delivery of this Agreement, the issuance of the Note nor the consummation of the transactions contemplated by this Agreement conflicts with or results in a breach by the Company of any of the terms or provisions of, or constitutes a default under, the Articles of Incorporation or by-laws of the Company, or any indenture, mortgage, deed of trust or other material agreement or instrument to which the Company is a party or by which it or any of its properties or assets are bound, or any existing applicable Federal or State law, rule, or regulation or any applicable decree, judgment or order of any court, Federal or State regulatory body, administrative agency or other domestic governmental body having jurisdiction over the Company or any of its properties or assets, except for such conflicts, breaches or defaults as would not have a material adverse effect on the Company’s business. To the extent that any third party consent is necessary, the Company will obtain such consent prior to the Closing.

Appears in 2 contracts

Samples: Note Purchase Agreement (Quantrx Biomedical Corp), Note Purchase Agreement (MetaStat, Inc.)

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Non-Contravention; Third Party Consents. Neither the execution and delivery of this Agreement, the issuance of the Note Securities nor the consummation of the transactions contemplated by this Agreement conflicts with or results in a breach by the Company of any of the terms or provisions of, or constitutes a default under, the Articles of Incorporation or by-laws of the Company, or any indenture, mortgage, deed of trust or other material agreement or instrument to which the Company is a party or by which it or any of its properties or assets are bound, or any existing applicable Federal or State law, rule, or regulation or any applicable decree, judgment or order of any court, Federal or State regulatory body, administrative agency or other domestic governmental body having jurisdiction over the Company or any of its properties or assets, except for such conflicts, breaches or defaults as would not have a material adverse effect on the Company’s businessMaterial Adverse Effect. To the extent that any third party consent is necessary, the Company will obtain such consent prior to the Closing.

Appears in 1 contract

Samples: Oid Note Purchase Agreement (MetaStat, Inc.)

Non-Contravention; Third Party Consents. Neither the execution and delivery of this Agreement, the issuance of the Note Notes nor the consummation of the transactions contemplated by this Agreement conflicts with or results in a breach by the Company of any of the terms or provisions of, or constitutes a default under, the Articles of Incorporation or by-laws of the Company, or any indenture, mortgage, deed of trust or other material agreement or instrument to which the Company is a party or by which it or any of its properties or assets are bound, or any existing applicable Federal or State law, rule, or regulation or any applicable decree, judgment or order of any court, Federal or State regulatory body, administrative agency or other domestic governmental body having jurisdiction over the Company or any of its properties or assets, except for such conflicts, breaches or defaults as would not have a material adverse effect on the Company’s business. To the extent that any third third-party consent is necessary, the Company will obtain such consent prior to the Closing.

Appears in 1 contract

Samples: Note Purchase Agreement (Hispanica International Delights of America, Inc.)

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Non-Contravention; Third Party Consents. Neither the execution and delivery of this Agreement, the issuance of the Note Purchased Securities nor the consummation of the transactions contemplated by this Agreement conflicts with or results in a breach by the Company of any of the terms or provisions of, or constitutes a default under, the Articles of Incorporation or by-laws of the Company, or any indenture, mortgage, deed of trust or other material agreement or instrument to which the Company is a party or by which it or any of its properties or assets are bound, or any existing applicable Federal or State law, rule, or regulation or any applicable decree, judgment or order of any court, Federal or State regulatory body, administrative agency or other domestic governmental body having jurisdiction over the Company or any of its properties or assets, except for such conflicts, breaches or defaults as would not have a material adverse effect on the Company’s business. To the extent that any third third-party consent is necessary, the Company will obtain such consent prior to the Closing.

Appears in 1 contract

Samples: Note Purchase Agreement (Hispanica International Delights of America, Inc.)

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