Common use of Validity of Contemplated Transactions Clause in Contracts

Validity of Contemplated Transactions. The execution, delivery and performance of this Agreement by Buyer, the execution, delivery and performance by Buyer of the Collateral Documents to which it is a party and the consummation of the Transactions do not and will not (a) contravene any provision of the organizational documents of Buyer, or (b) constitute a breach of, or result in a Default under, or cause the acceleration of any payments pursuant to, any agreement, contract, indenture, lease or mortgage to which Buyer is a party or by which either Buyer or its assets is bound, or violate any provision of any applicable Law, permit or license to which Buyer is subject, where any such breaches, Defaults or violations would materially impair the ability of Buyer to consummate and perform the Transactions.

Appears in 5 contracts

Samples: Confidential Treatment (Alimera Sciences Inc), Asset Purchase Agreement (Alimera Sciences Inc), Confidential Treatment (Alimera Sciences Inc)

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Validity of Contemplated Transactions. The execution, delivery and performance of this Agreement by BuyerSeller, the execution, delivery and performance by Buyer Seller of the Collateral Documents to which it is a party and the consummation of the Transactions do not and will not (a) contravene any provision of the organizational documents of Buyer, or Organizational Documents; (b) constitute a breach by Seller of, or result in a Default under, by Seller under or cause the acceleration of any payments due from Seller pursuant to, any agreement, contract, indenture, lease or mortgage to which Buyer Seller is a party or by which either Buyer or its assets is any of the Purchased Assets are bound, or violate in any material respect any provision of any applicable Law, permit Law or license Permit to which Buyer is the Purchased Assets are subject, where any such breachesexcept for requirements for consents, Defaults waivers or violations would materially impair the ability notices of Buyer to consummate and perform the TransactionsPersons set forth on Schedule 3.4.

Appears in 4 contracts

Samples: Confidential Treatment (Alimera Sciences Inc), Asset Purchase Agreement (Alimera Sciences Inc), Asset Purchase Agreement (Alimera Sciences Inc)

Validity of Contemplated Transactions. The execution, delivery and performance of this Agreement by Buyer, the execution, delivery and performance by Buyer of the Collateral Documents to which it is a party and the consummation of the Transactions do not and will not (a) contravene any provision of the organizational documents of Buyer, or (b) constitute a breach of, or result in a Default under, under or cause the acceleration of any payments pursuant to, any agreement, contract, indenture, lease or mortgage to which Buyer is a party or by which either Buyer or its assets is bound, or violate any provision of any applicable Law, permit or license to which Buyer is subject, where any such breaches, Defaults or violations would materially impair the ability of Buyer to consummate and perform the Transactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Insite Vision Inc)

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Validity of Contemplated Transactions. The execution, delivery and performance of this Agreement by Buyer, the execution, delivery and performance by Buyer of the Collateral Documents to which it is a party and the consummation of the Transactions do not and will not (a) contravene any provision of the organizational documents of Buyer, or (b) constitute a breach of, or result in a Default under, or cause the acceleration of any payments pursuant to, any agreement, contract, indenture, lease or mortgage to which Buyer is a party or by which either Buyer or its assets is bound, or violate any provision of any applicable Law, permit or license to which Buyer is subject, where any such breaches, Defaults or violations would materially impair the ability of Buyer to consummate and perform the Transactions.. Execution Version

Appears in 1 contract

Samples: Confidential Treatment Requested (Alimera Sciences Inc)

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