Common use of Validity of the Transactions Clause in Contracts

Validity of the Transactions. Neither the execution and delivery of any Transaction Document by any Seller, nor the consummation of any of the Transactions (a) will result in a Default under any Law or Order which is applicable to such Seller, (b) will result, or could reasonably be expected to result, in a Default under, or require the consent or approval of any party to, any Contract to which such Seller is a party or otherwise bound or affected or (c) require such Seller to notify a Governmental Body or obtain any Governmental Permits.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Tabula Rasa HealthCare, Inc.), Share Purchase Deed (Tabula Rasa HealthCare, Inc.), Membership Interest Purchase Agreement (Tabula Rasa HealthCare, Inc.)

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Validity of the Transactions. Neither the execution and delivery of any Transaction Document by any SellerSeller Party, nor the consummation of any of the Transactions (a) will result in a Default under any Law or Order which is applicable to such SellerSeller Party, (b) will result, or could reasonably be expected to result, in a Default under, or require the consent or approval of any party to, any Contract to which such Seller Party is a party or otherwise bound or affected or (c) require such Seller Party to notify a Governmental Body or obtain any Governmental Permits.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Tabula Rasa HealthCare, Inc.)

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