Sale Will Not Cause Default. Neither the execution and delivery of this Agreement, nor the completion of the purchase and sale contemplated by this Agreement will:
(i) violate any of the terms and provisions of the constating documents or bylaws or articles of the Vendor, or any order, decree, statute, bylaw, regulation, covenant, restriction applicable to the Vendor or the Claims;
(ii) give any person the right to terminate, cancel or otherwise deal with the Claims; or
(iii) result in any fees, duties, taxes, assessments or other amounts relating to the Claims becoming due or payable other than tax payable by the Purchaser in connection with the purchase and sale;
Sale Will Not Cause Default. Neither the execution and delivery of this Agreement nor the completion of the purchase and sale contemplated by this Agreement will:
(a) violate any of the terms and provisions of the memorandum or articles of the Vendor, or any order, decree, statute, by-law, regulation, covenant or restriction applicable to the Vendor or any of the Assets; or
(b) give any person the right to terminate, cancel or remove any of the Assets, except to the extent that the consents of the other parties to the Material Contracts are required to assign the Material Contracts;
Sale Will Not Cause Default. Neither the execution and delivery of this Agreement nor the completion of the purchase and sale contemplated by this Agreement will:
(a) violate any of the terms and provisions of the memorandum or articles of the Vendor, or any order, decree, statute, by-law, regulation, covenant or restriction applicable to the Vendor or any of the Assets;
(b) give any person the right to terminate, cancel or remove any of the Assets, except to the extent that the consents of the other parties to the Material Contracts are required to assign the Material Contracts; or
(c) result in any fees, duties, taxes, assessments or other amounts relating to any of the Assets becoming due or payable by the Purchaser in connection with the purchase and sale.
Sale Will Not Cause Default. Neither the execution and delivery of this Agreement, nor the completion of the purchase and sale contemplated by this Agreement will:
(a) violate any of the terms and provisions of any order, decree, statute, bylaw, regulation, covenant, restriction applicable to the Vendor or any of the Assets;
(b) give any person the right to terminate, cancel or remove any of the Assets, save to the extent that the consent of the third parties is required to assign the Leasehold Property and the Material contracts; or
(c) result in any fees, duties, taxes, assessments or other amounts relating to any of the Assets becoming due or payable by the Purchaser in connection with the purchase and sale.
Sale Will Not Cause Default. Neither the execution nor delivery of this agreement, nor the completion of the purchase and sale contemplated by this agreement will:
a. Violate any order, decree, statute, by-law, regulation, covenant, restriction applicable to the Vendors or any of the Assets;
b. Give any person the right to terminate, cancel or remove any of the Assets; or
c. Result in any fees, duties, taxes, assessments or other amounts relating to any of the Assets becoming due or payable other than HST payable by the Purchaser in connection with purchase and sale.
Sale Will Not Cause Default. Neither the execution and delivery of this --------------------------- Agreement, or other agreements and instruments contemplated hereby, nor the completion of the purchase and sale contemplated herein will:
(a) violate any of the terms and provisions of the constating documents or bylaws or articles of the Vendor, or any resolution of directors or shareholders of the Vendor, or any order, decree, statute, by-law, regulation, covenant, restriction applicable to the Vendor or any of the Assets;
(b) give any person the right to terminate, cancel or remove any of the Assets, save to the extent that the consent of third parties is required to assign the Material Contracts, or
(c) result in any encumbrance on any of the Assets;
(d) result in any fees, duties, taxes, assessments or other amounts relating to any of the Assets becoming due or payable other than British Columbia social services tax and goods and services tax payable by the Purchaser in connection with the purchase and sale.
Sale Will Not Cause Default. Neither the execution and delivery of this Agreement nor the completion of the purchase and sale contemplated by this Agreement will:
(a) give any person the right to terminate, cancel or remove any of the Assets, except to the extent that the consent of any third party is required to assign the Leasehold Property and the Material Contracts; or
(b) result in any fees, duties, taxes, assessments or other amounts relating to any of the Assets becoming due or payable other than British Columbia Social Service Tax, if any, payable by the Purchaser in connection with the purchase and sale.
Sale Will Not Cause Default. Neither the execution and delivery of this Agreement nor the completion of the purchase and sale contemplated by this Agreement will:
a) violate any of the terms and provisions of the notice of articles or articles of the Vendor, or any order, decree, statute, by-law, regulation, covenant or restriction applicable to the Vendor or any of the Assets; or
b) result in any fees, duties, taxes, assessments or other amounts relating to any of the Assets becoming due or payable other than British Columbia Social Service Tax payable by the Purchaser in connection with the purchase and sale.
Sale Will Not Cause Default. Neither the execution and delivery of this Agreement, nor the completion of the purchase and sale contemplated herein will:
i) violate any of the terms and provisions of any order, decree, statute, by-law, regulation, covenant, restriction applicable to the Vendor or any of the Assets;
ii) give any person the right to terminate or cancel any instrument relating to the Assets or remove any of the Assets; or
iii) result in any fees, duties, taxes, assessments or other amounts relating to any of the Assets becoming due or payable by the Purchaser other than Social Services Tax payable by the Purchaser in connection with the purchase and sale of the Assets situate in the Province of British Columbia.
Sale Will Not Cause Default. Neither the execution and delivery of this Agreement, nor the completion of the purchase and sale contemplated in this Agreement will:
i) violate any of the terms of the constating documents of the Seller or of the Target, or any order, decree, statute, by-law, regulation, covenant, or restriction, applicable to the Seller, or any of the Assets;
ii) give any person any right to terminate, cancel, or remove any of the Assets;
iii) result in any fee, duty, tax, assessment, or other amount relating to any of the Assets, becoming due or payable, other than provincial social services tax payable by the Buyer in connection with the purchase and sale; or
iv) result in any encumbrance, except the Permitted Encumbrances, on any of the Assets.
