Common use of Violation of Agreements Clause in Contracts

Violation of Agreements. Neither execution by Buyer of this Agreement nor the consummation by Buyer of the transactions contemplated by this Agreement will (a) result in a breach of any of the terms or provisions of, or constitute a default or a condition which upon notice or lapse of time would ripen into a default under any agreement, instrument or obligation to which Buyer is a party; or (b) constitute a violation of any law, order, rule or regulation applicable to Buyer, of any federal, state or municipal body, or other governmental or quasi-governmental body having jurisdiction over Buyer.

Violation of Agreements. Neither execution by Buyer of this Agreement nor the consummation by Buyer of the transactions contemplated by this Agreement will will: (a) result in a breach of any of the terms or provisions of, or constitute a default or a condition which upon notice or lapse of time would ripen into a default under any agreement, instrument or obligation to which Buyer is a party; or or, (b) constitute a violation of any law, order, rule or regulation applicable to Buyer, of any federal, state or municipal body, or other governmental or quasi-governmental body having jurisdiction over Buyer.