Common use of Validity of Contemplated Transactions Clause in Contracts

Validity of Contemplated Transactions. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby do not and will not: (i) violate, breach or contravene any of the terms, conditions or provisions of the Certificate or Articles of Incorporation or By-laws (or the equivalent thereof) of SeraNova and its Subsidiaries; (ii) violate, or constitute a default under, any material Contract by which such entity or its property is bound; or (iii) violate any material provision of law.

Validity of Contemplated Transactions. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby do not and will not: (i) violate, breach or contravene any of the terms, conditions or provisions of the Certificate or Articles of Incorporation or By-laws (or the equivalent thereof) of SeraNova and its SubsidiariesIntelligroup; (ii) violate, or constitute a default under, any material Contract by which such entity Intelligroup or its property is bound; or (iii) violate any material provision of law.

Validity of Contemplated Transactions. The execution, delivery ------------------------------------- and performance of this Agreement and the consummation of the transactions contemplated hereby do not and will not: (i) violate, breach or contravene any of the terms, conditions or provisions of the Certificate or Articles of Incorporation or By-laws (or the equivalent thereof) of SeraNova and its SubsidiariesIntelligroup; (ii) violate, or constitute a default under, any material Contract by which such entity Intelligroup or its property is bound; or (iii) violate any material provision of law.