Common use of Sale Will Not Cause Default Clause in 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 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-lawbylaw, regulation, covenant or restriction applicable to the Vendor Vendor, the Company 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, except as otherwise provided in this Agreement or any Schedule to this Agreement.

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 for the transfer of any leases described in the Leasehold Property or 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 other than British Columbia Social Service Tax and Excise Tax payable by the Purchaser in connection with the purchase and sale.