Common use of Authority; No Violation Clause in Contracts

Authority; No Violation. (a) Seller Parent has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, valid and binding obligations of Seller Parent, enforceable against Seller Parent in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent of the transactions contemplated hereby or thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a party, or by which it or its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.

Appears in 12 contracts

Sources: Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc)

Authority; No Violation. (a) Seller Parent has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller ParentSeller. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of SellerBank, Bank Seller Parent and Investor) constitute legal, valid and binding obligations of Seller ParentSeller, enforceable against Seller Parent in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement by Seller or any Other Investment Agreement by Seller ParentAgreement, nor the consummation by Seller Parent of the transactions contemplated hereby or thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents of Seller ParentSeller, or (ii) subject to the securities laws referred to in Section 4.4 3.3 and assuming the accuracy of Section 5.4 and Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a party, or by which it or its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller ParentSeller.

Appears in 12 contracts

Sources: Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc)

Authority; No Violation. (a) Seller Parent has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller ParentSeller. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of SellerBank, Bank Seller Parent and Investor) constitute legal, valid and binding obligations of Seller ParentSeller, enforceable against Seller Parent in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement by Seller or any Other Investment Agreement by Seller ParentAgreement, nor the consummation by Seller Parent of the transactions contemplated hereby or thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents of Seller ParentSeller, or (ii) subject to the securities laws referred to in Section 4.4 3.3 and assuming the accuracy of Section 5.5 and Section 5.6 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a party, or by which it or its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller ParentSeller.

Appears in 11 contracts

Sources: Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc)

Authority; No Violation. (a) Seller Parent has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, valid and binding obligations of Seller Parent, enforceable against Seller Parent in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent of the transactions contemplated hereby or thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 5.6 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a party, or by which it or its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.

Appears in 11 contracts

Sources: Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc)

Authority; No Violation. (a) Seller Parent Each Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly duly, validly and validly unanimously approved and adopted by the Board of Directors of Seller Parent. No each Buyer and no other corporate proceedings on the part of Seller Parent such Buyer are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent each Buyer and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, constitutes the valid and binding obligations obligation of Seller Parentsuch Buyer, enforceable against Seller Parent such Buyer in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parenteach Buyer, nor the consummation by Seller Parent such Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent such Buyer with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents Certificate of Seller ParentIncorporation of such Buyer or the Bylaws of such Buyer, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.3 are duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulationLaw, judgment, Orderorder, writ, injunction or decree or injunction applicable to Seller Parent such Buyer, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent such Buyer or any of its Subsidiaries under, or trigger or change any rights or obligations (including any increase in payments owed) or require the consent of any Person under, or give rise to a right of cancellation, vesting, payment, exercise, suspension or revocation of any obligation under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, franchise, permit, agreement or other instrument or obligation to which Seller Parent such Buyer or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations is bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 6 contracts

Sources: Stock Purchase Agreement (Fidelity National Financial, Inc.), Stock Purchase Agreement (Landamerica Financial Group Inc), Stock Purchase Agreement (Landamerica Financial Group Inc)

Authority; No Violation. (a) Seller Parent Investor has full corporate limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, Stockholders Agreement and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Stockholders Agreement and the consummation of the Investment Agreements has have been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings all necessary limited liability company action on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsInvestor. This Agreement and the Other Investment Agreements Stockholders Agreement have been duly and validly executed and delivered by Seller Parent Investor and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorSeller Parties) constitute legal, valid and binding obligations of Seller ParentInvestor, enforceable against Seller Parent Investor in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement or any Other Investment and the Stockholders Agreement by Seller ParentInvestor, nor the consummation by Seller Parent Investor of the transactions contemplated hereby or thereby, nor compliance by Seller Parent Investor with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents of Seller Parent, Investor or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor5.3 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Investor or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Investor or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Investor or any of its Subsidiaries is a party, or by which it they or its any of their respective properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, that either individually or in the aggregate, aggregate would not have a Material Adverse Effect with respect to Seller ParentInvestor.

Appears in 6 contracts

Sources: Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc)

Authority; No Violation. (a) Seller Parent Investor has full corporate limited partnership power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, Stockholders Agreement and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Stockholders Agreement and the consummation of the Investment Agreements has have been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings all necessary limited partnership action on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsInvestor. This Agreement and the Other Investment Agreements Stockholders Agreement have been duly and validly executed and delivered by Seller Parent Investor and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorSeller Parties) constitute legal, valid and binding obligations of Seller ParentInvestor, enforceable against Seller Parent Investor in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement or any Other Investment and the Stockholders Agreement by Seller ParentInvestor, nor the consummation by Seller Parent Investor of the transactions contemplated hereby or thereby, nor compliance by Seller Parent Investor with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents of Seller Parent, Investor or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor5.3 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Investor or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Investor or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Investor or any of its Subsidiaries is a party, or by which it they or its any of their respective properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, that either individually or in the aggregate, aggregate would not have a Material Adverse Effect with respect to Seller ParentInvestor.

Appears in 4 contracts

Sources: Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc), Investment Agreement (Hawaiian Electric Industries Inc)

Authority; No Violation. (ai) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and to comply with the Other Investment Agreements and, subject to the actions described below, to terms hereof and consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentshereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming Buyer. Assuming due authorization, execution and delivery by each of Sellerthe other Parties, Bank and Investor) constitute legal, this Agreement constitutes the valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other similar laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law, or (iii) the specific terms and conditions of this Agreement. (bii) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Buyer nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (iA) violate any provision of the Constituent Documents Certificate of Seller ParentRegistration or Constitution or the certificates of registration or constitution, or other charter or organizational documents, of Buyer or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xB) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Buyer or any of its properties or assets assets, the violation of which would have a material adverse effect, or (yC) violate, conflict with, result in a breach of any provision of or the loss of any material benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of any or all rights or benefits or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, increase any rate of interest payable or result in the creation of any Lien lien upon any of the respective properties or assets of Seller Parent Buyer under, any authorization or of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent is a party, or by which it its properties, assets or its properties or assets business activities may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 4 contracts

Sources: Share Exchange Agreement (Blue Star Entertainment Technologies, Inc.), Technology Transfer Agreement (Blue Star Entertainment Technologies, Inc.), Acquisition Agreement (Pana-Minerales S.A.)

Authority; No Violation. (a) Seller Parent Such Shareholder has full corporate organizational power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyperform its obligations hereunder. The execution and delivery of this Agreement and the Other Investment Agreements has performance of its obligations hereunder have been duly and validly approved by the Board governing authority of Directors of Seller Parent. No such Shareholder and no other corporate organizational proceedings on the part of Seller Parent such Shareholder are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentsperform its obligations hereunder. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent such Shareholder and (assuming due authorization, execution and delivery by each of Seller, Bank and Investorthe Company) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller Parentsuch Shareholder, enforceable against Seller Parent such Shareholder in accordance with their respective terms (except in all cases as such enforceability may be limited by its terms, subject to the Enforceability Exceptions). (b) . Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentsuch Shareholder, nor the consummation by Seller Parent such Shareholder of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent such Shareholder with any of the terms or provisions hereof or thereofhereof, will (ix) violate any provision of the Constituent Documents governing documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorsuch Shareholder, (xy) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent such Shareholder, or any of its properties or assets assets, or (yz) violate, conflict with, result in a breach of any provision of or the loss of any benefit underof, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, claim, mortgage, encumbrance, pledge, deed of trust, security interest, equity or charge of any kind (each, a “Lien”) upon any of the properties or assets of Seller Parent under, Subject Shares pursuant to any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent such Shareholder is a party, or by which it or any of its properties or assets may be boundbound or affected, except (except, in the case of clauses this clause (x) and (y) above) z), for such violationsmatters that would not, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect impair the ability of such Shareholder to Seller Parentperform its obligations under this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Penn Virginia Corp), Merger Agreement (Lonestar Resources US Inc.), Support Agreement (Penn Virginia Corp)

Authority; No Violation. (a) Seller Parent The Joint Advisor has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board board of Directors managers of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsJoint Advisor. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent the Joint Advisor and (assuming due authorization, execution and delivery by each of SellerCCT, Bank FSIC and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller Parentthe Joint Advisor, enforceable against Seller Parent the Joint Advisor in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentthe Joint Advisor, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofJoint Advisor, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of the Joint Advisor or the limited liability company agreement of the Joint Advisor or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets the Joint Advisor or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent the Joint Advisor under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent the Joint Advisor is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, reasonably be expected to be material to the Joint Advisor. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by the Joint Advisor, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not have a Material Adverse Effect with respect not, individually or in the aggregate, reasonably be expected to Seller Parentbe material to the Joint Advisor.

Appears in 4 contracts

Sources: Merger Agreement (FS Investment CORP), Merger Agreement (Corporate Capital Trust, Inc.), Merger Agreement (Corporate Capital Trust, Inc.)

Authority; No Violation. (ai) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and to comply with the Other Investment Agreements and, subject to the actions described below, to terms hereof and consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentshereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the Sellers as the owners of all of the Shares. Assuming due authorization, execution and delivery by each of Sellerthe other Parties, Bank and Investor) constitute legal, this Agreement constitutes the valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other similar laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law, or (iii) the specific terms and conditions of this Agreement. (bii) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Buyer nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (iA) violate any provision of the Constituent Documents Certificate of Seller ParentRegistration or Constitution or the certificates of registration or constitution, or other charter or organizational documents, of Buyer or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xB) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Buyer or any of its properties or assets assets, the violation of which would have a material adverse effect, or (yC) violate, conflict with, result in a breach of any provision of or the loss of any material benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of any or all rights or benefits or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, increase any rate of interest payable or result in the creation of any Lien lien upon any of the respective properties or assets of Seller Parent Buyer under, any authorization or of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent is a party, or by which it its properties, assets or its properties or assets business activities may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 4 contracts

Sources: Acquisition Agreement (Alternative Energy Partners, Inc.), Acquisition Agreement (Alternative Energy Partners, Inc.), Acquisition Agreement (Alternative Energy Partners, Inc.)

Authority; No Violation. (a) Seller Parent If the Stockholder is an entity, the Stockholder has full corporate organizational power and authority to execute and deliver this Agreement and to perform its obligations hereunder. If the Other Investment Agreements andStockholder is an entity, subject to the actions described below, to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has performance of its obligations hereunder have been duly and validly approved by the Board governing authority of Directors of Seller Parent. No the Stockholder, and no other corporate organizational proceedings on the part of Seller Parent the Stockholder are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentsperform its obligations hereunder. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent the Stockholder and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorParent) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller Parentthe Stockholder, enforceable against Seller Parent the Stockholder in accordance with their respective terms (its terms, except in all cases as that such enforceability (i) may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting or relating to the Enforceability Exceptions). enforcement of creditors’ rights generally and (bii) is subject to general principles of equity and the discretion of the court before which any proceedings seeking injunctive relief or specific performance may be brought. Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentthe Stockholder, nor the consummation by Seller Parent the Stockholder of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent the Stockholder with any of the terms or provisions hereof or thereofhereof, will (ix) if the Stockholder is an entity, violate any provision of the Constituent Documents governing documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each InvestorStockholder, (xy) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent the Stockholder, or any of its properties or assets assets, or (yz) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, claim, mortgage, encumbrance, pledge, deed of trust, security interest, equity or charge of any kind (each, a “Lien”) upon any of the properties or assets of Seller Parent under, Subject Shares pursuant to any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent the Stockholder is a party, or by which it or any of its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 4 contracts

Sources: Agreement Not to Dissent (Noble Energy Inc), Agreement Not to Dissent (Clayton Williams Energy Inc /De), Agreement Not to Dissent (Clayton Williams Energy Inc /De)

Authority; No Violation. (a) Seller Parent Such Stockholder has full corporate organizational power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyperform its obligations hereunder. The execution and delivery of this Agreement and the Other Investment Agreements has performance of its obligations hereunder have been duly and validly approved by the Board governing authority of Directors of Seller Parent. No such Stockholder and no other corporate organizational proceedings on the part of Seller Parent such Stockholder are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentsperform its obligations hereunder. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent such Stockholder and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorParent) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller Parentsuch Stockholder, enforceable against Seller Parent such Stockholder in accordance with their respective terms (its terms, except in all cases as that such enforceability (i) may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting or relating to the Enforceability Exceptions). enforcement of creditors’ rights generally and (bii) is subject to general principles of equity and the discretion of the court before which any proceedings seeking injunctive relief or specific performance may be brought. Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentsuch Stockholder, nor the consummation by Seller Parent such Stockholder of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent such Stockholder with any of the terms or provisions hereof or thereofhereof, will (ix) violate any provision of the Constituent Documents governing documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorsuch Stockholder, (xy) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent such Stockholder, or any of its properties or assets assets, or (yz) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, claim, mortgage, encumbrance, pledge, deed of trust, security interest, equity or charge of any kind (each, a “Lien”) upon any of the properties or assets of Seller Parent under, Subject Shares pursuant to any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent such Stockholder is a party, or by which it or any of its properties or assets may be boundbound or affected, except (except, in the case of clauses this clause (x) and (y) above) z), for such violationsmatters that would not, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect impair the ability of such Stockholder to Seller Parentperform its obligations under this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Montage Resources Corp), Merger Agreement (Southwestern Energy Co), Support Agreement (Montage Resources Corp)

Authority; No Violation. (a) Seller Parent has and Merger Sub have full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby. (b) The consummation of the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parenteach of Parent and Merger Sub. No other corporate proceedings on the part of Seller Parent or Merger Sub and no vote of Parent’s stockholders are necessary to consummate the transactions contemplated hereby. (c) The execution and delivery of this Agreement by Parent and Merger Sub has been duly and validly authorized in accordance with applicable law and duly and validly approved by all necessary action and no other proceedings on the part of Parent or Merger Sub are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and Merger Sub and (assuming due authorization, execution and delivery by each of Seller, Bank and Investorthe Company) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentParent and Merger Sub, enforceable against Seller Parent and Merger Sub in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (bd) Neither None of the execution and delivery of this Agreement by Parent or any Other Investment Agreement by Seller ParentMerger Sub, nor the consummation by Seller Parent or Merger Sub of the transactions contemplated hereby Merger, or thereby, nor compliance by Seller Parent or Merger Sub with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision the charter, bylaws or other organizational documents of the Constituent Documents of Seller ParentParent or Merger Sub, as applicable, or (ii) subject to assuming that the securities laws consents and approvals and waiting periods referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.03 are duly obtained or satisfied, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Parent, Merger Sub or any of its their respective Subsidiaries or any of their respective properties or assets assets, or (y) violate, conflict with, result in a breach of any provision of or the loss of any material benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien (or have any of such results upon notice, or lapse of time or both) upon any of the respective properties or assets of Seller Parent Parent, Merger Sub or any of their respective Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation Contract to which Seller Parent Parent, Merger Sub or any of their respective Subsidiaries is a party, or by which it they or its any of their respective properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 3 contracts

Sources: Merger Agreement (Td Banknorth Inc.), Merger Agreement (Toronto Dominion Bank), Merger Agreement (Toronto Dominion Bank)

Authority; No Violation. (a) Seller Parent Such Advisor has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board managers of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentssuch Advisor. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent such Advisor and (assuming due authorization, execution and delivery by each of Sellerthe other Advisor, Bank BCIC, TCPC and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller Parentsuch Advisor, enforceable against Seller Parent such Advisor in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsException). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentsuch Advisor, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofsuch Advisor, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of such Advisor or the limited liability company agreement of such Advisor or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets such Advisor or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent such Advisor under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent such Advisor is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to prevent such Advisor from timely performing its material obligations under this Agreement or have a Material Adverse Effect with respect to Seller Parentsuch Advisor. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by such Advisor, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to prevent such Advisor from timely performing its material obligations under this Agreement or have a Material Adverse Effect with respect to such Advisor.

Appears in 3 contracts

Sources: Agreement and Plan of Merger (BlackRock TCP Capital Corp.), Agreement and Plan of Merger (BlackRock Capital Investment Corp), Merger Agreement (BlackRock Capital Investment Corp)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement Agreement, the Security Agreements and the Other Investment Agreements andother documents required to be executed and delivered by Buyer in connection herewith and therewith (collectively, subject to the actions described below, “Buyer Transaction Documents”) and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has other Buyer Transaction Documents and the consummation of the transactions contemplated hereby and thereby have been duly and validly approved by all requisite action on the Board part of Directors of Seller Parent. No Buyer, and no other corporate proceedings on the part of Seller Parent Buyer are necessary to approve this Agreement or and the Other Investment Agreements or other Buyer Transaction Documents and to consummate the Investment or the Other Investmentstransactions contemplated hereby and thereby. This Agreement and the Other Investment Agreements have each other Buyer Transaction Document has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the due authorization, execution and delivery of this Agreement by Seller and each of Seller, Bank and Investorother Buyer Transaction Document by the other party or parties thereto) constitute legal, the valid and binding obligations of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)terms. (b) Neither Assuming that the filings, notifications, authorizations, consents, orders and/or approvals referred to in Section 5.3 are, as applicable, duly made and/or obtained, neither the execution and delivery of this Agreement or any Other Investment Agreement other Buyer Transaction Document by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebythereby to be performed by it, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents Certificate of Seller ParentIncorporation or Bylaws or other organizational documents of Buyer, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 (A) violate any applicable law with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent Buyer or any of its properties or assets assets, or (yB) violate, conflict with, result in a breach of any provision of of, or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer is a party, or by which it Buyer or any of its properties or assets assets, may be boundbound or affected, except except, with respect solely to clause (in the case of clauses (x) and (yB) above) , for such violations, conflicts, breachesbreaches or defaults which would not, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentprevent or materially delay the consummation of the transactions contemplated by this Agreement or the other Buyer Transaction Documents or the performance by Buyer of any of its obligations hereunder or thereunder.

Appears in 3 contracts

Sources: Stock Purchase Agreement (RCN Corp /De/), Stock Purchase Agreement (RCN Corp /De/), Stock Purchase Agreement (RCN Corp /De/)

Authority; No Violation. (a) Seller Each of Parent and Merger Sub has full corporate all requisite power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby (including the Offer and therebythe Merger). The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentParent and Merger Sub, and this Agreement, the Merger and the other transactions contemplated hereby have been adopted and approved by the sole stockholder of Merger Sub. No other corporate proceedings on the part of Seller Parent or Merger Sub, are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or transactions contemplated hereby (including the Other InvestmentsOffer and the Merger). This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller each of Parent and Merger Sub and (assuming the due authorization, execution and delivery by each of Seller, Bank and Investorthe Company) constitute legal, constitutes the valid and binding obligations obligation of Seller Parenteach of Parent and Merger Sub, enforceable against Seller each of Parent and Merger Sub in accordance with their respective its terms (except in all cases as such enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or similar Laws affecting the Enforceability Exceptionsrights of creditors generally and subject to general principles of equity). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Parent and Merger Sub nor the consummation by Seller Parent and Merger Sub of the transactions contemplated hereby or thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will will: (i) violate any provision of the Constituent Documents Parent Certificate, the Parent Bylaws or the certificate of Seller Parent, incorporation or bylaws or other organizational or constitutive documents or governing instruments of Merger Sub or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, 4.04 are duly obtained and/or made: (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction Law applicable to Seller Parent Parent, Merger Sub or any of its their respective properties or assets or assets, (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with or without notice or lapse of time, time or both, would constitute a default) under, require any consent or approval of any person under, result in the termination of or a right of termination or cancellation under, accelerate the acceleration of the performance required by, or other adverse change of any right or obligation under any provision of any agreement or other instrument binding upon Parent or any of its Subsidiaries or any license, franchise, permit, certificate, approval or other similar authorization affecting, or relating in any way to, the assets or business of Parent and its Subsidiaries or (C) result in the creation or imposition of any Lien upon Encumbrance, other than Permitted Encumbrances, on any asset of Parent or any of the properties or assets of Seller Parent underits Subsidiaries, any of the termsexcept, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a party, or by which it or its properties or assets may be bound, except (in the case of clauses the foregoing clause (xii) and (y) above) for such violationsonly, conflictsas would not reasonably be expected to have, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller on Parent. (c) No vote of the holders of outstanding securities of Parent is required by the Parent Certificate, Parent Bylaws, by Law or otherwise to approve and adopt this Agreement or to consummate the Merger or the other transactions contemplated hereby.

Appears in 3 contracts

Sources: Merger Agreement, Merger Agreement, Merger Agreement (Dollar Thrifty Automotive Group Inc)

Authority; No Violation. (ai) Seller Parent Purchaser has full corporate corporate, partnership or limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements Agreement, to perform its obligations hereunder and, subject to the other actions described belowin this Section 2.3(b) and Section 2.3(c), to consummate the transactions contemplated hereby and therebyClosing. The execution and delivery of this Agreement Agreement, the performance by Purchaser of its obligations hereunder and the Other Investment Agreements has consummation of the Closing (including the Company Share Issuance) have been duly and validly approved by the Board Purchaser’s board of Directors of Seller Parentdirectors or other equivalent governing body, as applicable. No other corporate proceedings on the part of Seller Parent Purchaser or any of Purchaser’s partners or equityholders are necessary to approve or adopt this Agreement or the Other Investment Agreements Agreement, for Purchaser to perform its obligations hereunder or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent ▇▇▇▇▇▇▇▇▇ and (assuming due authorization, execution and delivery by each of Seller, Bank and Investorthe Company) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentPurchaser, enforceable against Seller Parent Purchaser in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (bii) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentPurchaser, the performance by Purchaser of its obligations hereunder nor the consummation by Seller Parent Purchaser of the transactions contemplated hereby or therebyhereby, including the Company Share Issuance, nor compliance by Seller Parent Purchaser with any of the terms or provisions hereof or thereofhereof, will (iA) violate any provision of the Constituent Documents Purchaser’s certificate or articles of Seller Parent, incorporation or bylaws (or other comparable charter or organizational documents) or (iiB) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor2.3(c) are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction Law applicable to Seller Parent Purchaser or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent Purchaser under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Purchaser is a party, or by which it Purchaser or any of its properties or assets may be bound, except (in the case of clauses (xB)(x) and (yB)(y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations thatwhich would not, either individually or in the aggregate, would not have a Material Adverse Effect with respect reasonably be expected to Seller Parentmaterially and adversely affect Purchaser’s ability to consummate the Company Share Issuance and the other transactions contemplated by this Agreement.

Appears in 3 contracts

Sources: Investment Agreement (Warburg Pincus LLC), Investment Agreement (Banc of California, Inc.), Investment Agreement (Banc of California, Inc.)

Authority; No Violation. (a) Seller Parent Such Unitholder has full corporate organizational power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyperform its obligations hereunder. The execution and delivery of this Agreement and the Other Investment Agreements has performance of its obligations hereunder have been duly and validly approved by the Board governing authority of Directors of Seller Parent. No such Unitholder and no other corporate organizational proceedings on the part of Seller Parent such Unitholder are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentsperform its obligations hereunder. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent such Unitholder and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorParent) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller Parentsuch Unitholder, enforceable against Seller Parent such Unitholder in accordance with their respective terms (except in all cases as such enforceability may be limited by its terms, subject to the Enforceability Exceptions). (b) Bankruptcy and Equity Exception. Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentsuch Unitholder, nor the consummation by Seller Parent such Unitholder of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent such Unitholder with any of the terms or provisions hereof or thereofhereof, will (ix) violate any provision of the Constituent Documents governing documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorsuch Unitholder, (xy) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent such Unitholder, or any of its properties or assets assets, or (yz) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, claim, mortgage, encumbrance, pledge, deed of trust, security interest, equity or charge of any kind (each, a “Lien”) upon any of the properties or assets of Seller Parent under, Subject Units pursuant to any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent such Unitholder is a party, or by which it or any of its properties or assets may be boundbound or affected, except (except, in the case of clauses this clause (x) and (y) above) z), for such violationsmatters that would not, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect impair the ability of such Unitholder to Seller Parentperform its obligations under this Agreement.

Appears in 3 contracts

Sources: Support Agreement (New Fortress Energy Inc.), Support Agreement (Golar LNG LTD), Support Agreement (Golar LNG Partners LP)

Authority; No Violation. (a) Seller Parent East has full corporate limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyStock Purchase. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the Stock Purchase have been duly and validly approved by the Board of Directors of Seller ParentEast. No other corporate limited liability company or other proceedings on the part of Seller Parent East are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsStock Purchase. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent East and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorRand) constitute legal, constitutes the valid and binding obligations of Seller ParentEast, enforceable against Seller Parent East in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement by East or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent East of the transactions contemplated hereby or therebyStock Purchase, nor compliance by Seller Parent East with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller ParentEast’s Organizational Documents, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor5.3 are duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction Laws applicable to Seller Parent East or any of its properties or assets assets, or (yB) except as would not, individually or in the aggregate, have a Material Adverse Effect on East, violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent East under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, franchise, agreement or other instrument or obligation to which Seller Parent East or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be is bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.

Appears in 3 contracts

Sources: Stock Purchase Agreement, Stock Purchase Agreement (Rand Capital Corp), Stock Purchase Agreement

Authority; No Violation. (a) Seller Parent has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly, validly and unanimously approved and this Agreement duly and validly approved adopted by the Parent Board, and the Parent Board has determined that the Merger, on the terms and conditions set forth in this Agreement, is in the best interests of Directors of Seller ParentParent and its shareholders. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, constitutes the valid and binding obligations obligation of Seller Parent, enforceable against Seller Parent in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentAgreement, nor the consummation by Seller Parent of the Mergers or the other transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents Parent Articles, Parent Bylaws or similar documents of Seller Parent’s Subsidiaries, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction Law applicable to Seller Parent Parent, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement franchise, permit, agreement, bylaw or other instrument or obligation to which Seller Parent or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may is bound except, with respect to clause (ii), for any such violation, conflict, breach, default, termination, cancellation, acceleration or creation as would not reasonably be boundexpected, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not to have a Material Adverse Effect with respect to Seller on Parent.

Appears in 3 contracts

Sources: Merger Agreement (Bank of Commerce Holdings), Merger Agreement (Bank of Commerce Holdings), Merger Agreement (Columbia Banking System, Inc.)

Authority; No Violation. (a) Seller Parent Purchaser has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby hereby. Merger Sub has the full limited liability company power and therebyauthority to execute and deliver this Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly duly, validly and validly unanimously adopted and approved by the Board of Directors of Seller Parent. No other corporate proceedings on Purchaser and the part managers and members of Seller Parent are necessary Merger Sub to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentsextent required by applicable Law. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Purchaser and Merger Sub and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorCompany) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentPurchaser and Merger Sub, enforceable against Seller Parent Purchaser and Merger Sub in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement by Purchaser or any Other Investment Agreement by Seller ParentMerger Sub, nor the consummation by Seller Parent Purchaser or Merger Sub of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Purchaser or Merger Sub with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents articles of Seller Parentincorporation or code of regulations of Purchaser or the articles of organization or operating agreement of Merger Sub, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulationother Law, judgment, Orderorder, writ, injunction or decree or injunction applicable to Seller Parent Purchaser, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Purchaser or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Purchaser or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may is bound except, with respect to clause (ii), any such violation, conflict, breach, default, termination, cancellation, acceleration or creation as has not had and would not reasonably be boundexpected, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not to have a Material Adverse Effect with respect to Seller Parenton Purchaser.

Appears in 3 contracts

Sources: Merger Agreement (Farmers National Banc Corp /Oh/), Merger Agreement (Farmers National Banc Corp /Oh/), Merger Agreement (Farmers National Banc Corp /Oh/)

Authority; No Violation. (a) Seller Parent Adviser has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board managers of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsAdviser. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Adviser and (assuming due authorization, execution and delivery by each of SellerSLIC, Bank PIF and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentAdviser, enforceable against Seller Parent Adviser in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentAdviser, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofAdviser, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, incorporation or bylaws of Adviser or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets Adviser or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Adviser under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent Adviser is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to prevent Adviser from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a an SLIC Material Adverse Effect or a PIF Material Adverse Effect. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with respect the execution, delivery or performance of this Agreement by Adviser, except for any such consents, approvals, filings or registrations that the failure to Seller Parentobtain or make would not, individually or in the aggregate, reasonably be expected to prevent Adviser from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have an SLIC Material Adverse Effect or a PIF Material Adverse Effect.

Appears in 3 contracts

Sources: Agreement and Plan of Merger (SL Investment Corp.), Merger Agreement (North Haven Private Income Fund LLC), Merger Agreement (SL Investment Corp.)

Authority; No Violation. (a) Seller Parent Purchaser has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly duly, validly and validly unanimously adopted and approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsPurchaser. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Purchaser and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorCompany) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentPurchaser, enforceable against Seller Parent Purchaser in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentPurchaser, nor the consummation by Seller Parent Purchaser of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent the Purchaser with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents restated certificate of Seller Parentincorporation or bylaws of Purchaser, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulationother Law, judgment, Orderorder, writ, injunction or decree or injunction applicable to Seller Parent Purchaser, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Purchaser or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Purchaser or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may is bound except, with respect to clause (ii), any such violation, conflict, breach, default, termination, cancellation, acceleration or creation as has not had and would not reasonably be boundexpected, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not to have a Material Adverse Effect with respect to Seller Parenton Purchaser.

Appears in 2 contracts

Sources: Merger Agreement (Huntington Bancshares Inc/Md), Merger Agreement (Camco Financial Corp)

Authority; No Violation. (a) Seller Parent has and Merger Sub will have full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board Boards of Directors of Seller Parent. No , and will be so approved in the case of Merger Sub) and no other corporate proceedings on the part of Seller Parent or Merger Sub are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent ▇▇▇▇▇▇ and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorCompany) constitute legal, constitutes the valid and binding obligations obligation of Seller Parent, enforceable against Seller Parent in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller ParentParent Certificate or the Parent Bylaws, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, injunction or decree or injunction applicable to Seller Parent Parent, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii), any such violationsviolation, conflictsconflict, breaches, defaults, terminations, cancellations, accelerations breach or creations that, either individually or in the aggregate, default that would not have reasonably be expected to cause a Material Adverse Effect with respect to Seller ParentEffect.

Appears in 2 contracts

Sources: Merger Agreement, Merger Agreement

Authority; No Violation. (a) Seller Parent Gemini has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyin accordance with the terms hereof. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors and stockholders of Seller ParentGemini. No other corporate proceedings on the part of Seller Parent Gemini are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Gemini and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentGemini, enforceable against Seller Parent Gemini in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentGemini, nor the consummation by Seller Parent Gemini of the transactions contemplated hereby Transactions, or thereby, nor compliance by Seller Parent Gemini with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents of Seller ParentGemini's Governing Documents, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Gemini or any of its properties or assets assets, or (yiii) violate, conflict with, result in a breach of any provision of or the loss of any benefit underprovisions of, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation underof, accelerate the performance required by, or result in the creation of any Lien lien, security interest, charge or other encumbrance upon any of the properties or assets of Seller Parent under, Gemini under any of the terms, conditions or provisions of of, any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Gemini is a party, or by which it Gemini or any of its properties or assets may be boundbound or affected except, except with respect to (in the case of clauses (xii) and (yiii) above) for , such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either as individually or and in the aggregate, aggregate would not have a Material Adverse Effect on Gemini, or the ability of Gemini to consummate the Transactions. No consents or approvals of or filings or registrations with respect or notices to Seller Parentany public body or authority are necessary on behalf of Gemini in connection with (x) the execution and delivery by Gemini of this Agreement and (y) the consummation by Gemini of the Transactions.

Appears in 2 contracts

Sources: Merger Agreement (Uni-Pixel), Merger Agreement (Uni-Pixel)

Authority; No Violation. (a) Seller Parent ▇▇▇▇▇ has full all requisite corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyTransactions. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the Transactions have been duly and validly approved by all necessary corporate action on the Board part of Directors of Seller ParentBuyer. No other corporate proceedings proceeding on the part of Seller Parent are Buyer or its controlled Affiliates is necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsTransactions. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (▇▇▇▇▇ and, assuming due authorization, execution and delivery by each of SellerSeller or an Affiliate thereof, Bank and Investor) as applicable, this Agreement constitute legal, a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other laws affecting or relating to the rights of creditors generally or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a Proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent▇▇▇▇▇, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or thereby, Transactions nor compliance by Seller Parent Buyer with any of the terms or provisions hereof does or thereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, incorporation or bylaws of Buyer or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets Applicable Law or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, Buyer under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation Contract to which Seller Parent Buyer is a party, or by which it or any of its properties properties, assets or assets business activities may be boundbound or affected, except (in the case of clauses clause (x) and (yii) above) for such violations, conflicts, breaches, defaultsdefaults or loss of benefits which would not reasonably be expected to have, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Buyer Material Adverse Effect with respect to Seller ParentEffect.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Healthequity, Inc.), Asset Purchase Agreement (CONDUENT Inc)

Authority; No Violation. (ai) Seller Parent Purchaser has full corporate corporate, partnership or limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements Agreement, to perform its obligations hereunder and, subject to the other actions described belowin this Section 2.3(b) and Section 2.3(c), to consummate the transactions contemplated hereby and therebyClosing. The execution and delivery of this Agreement Agreement, the performance by Purchaser of its obligations hereunder and the Other Investment Agreements has consummation of the Closing (including the Investment) have been duly and validly approved by the Board Purchaser’s board of Directors of Seller Parentdirectors or other equivalent governing body, as applicable. No other corporate proceedings on the part of Seller Parent Purchaser or any of Purchaser’s partners or equityholders are necessary to approve or adopt this Agreement or the Other Investment Agreements Agreement, for Purchaser to perform its obligations hereunder or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent ▇▇▇▇▇▇▇▇▇ and (assuming due authorization, execution and delivery by each of Seller, Bank and Investorthe Company) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentPurchaser, enforceable against Seller Parent Purchaser in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (bii) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentPurchaser, the performance by Purchaser of its obligations hereunder nor the consummation by Seller Parent Purchaser of the transactions contemplated hereby or therebyhereby, including the Investment, nor compliance by Seller Parent Purchaser with any of the terms or provisions hereof or thereofhereof, will (iA) violate any provision of the Constituent Documents Purchaser’s certificate or articles of Seller Parent, incorporation or bylaws (or other comparable charter or organizational documents) or (iiB) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor2.3(c) are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction Law applicable to Seller Parent Purchaser or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent Purchaser under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Purchaser is a party, or by which it Purchaser or any of its properties or assets may be bound, except (in the case of clauses (xB)(x) and (yB)(y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations thatwhich would not, either individually or in the aggregate, would not have a Material Adverse Effect with respect reasonably be expected to Seller Parentmaterially and adversely affect Purchaser’s ability to consummate the Investment and the other transactions contemplated by this Agreement.

Appears in 2 contracts

Sources: Investment Agreement (New York Community Bancorp, Inc.), Investment Agreement (New York Community Bancorp, Inc.)

Authority; No Violation. (a) Seller Parent Such Advisor has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board sole member or manager of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentssuch Advisor. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent such Advisor and (assuming due authorization, execution and delivery by each of Sellerthe other Advisor, Bank MRCC, HRZN and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller Parentsuch Advisor, enforceable against Seller Parent such Advisor in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentsuch Advisor, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofsuch Advisor, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of such Advisor or the limited liability company agreement of such Advisor or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets such Advisor or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent such Advisor under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent such Advisor is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to prevent such Advisor from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to Seller ParentMRCC or HRZN, as applicable. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by such Advisor, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to prevent such Advisor from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to MRCC or HRZN, as applicable.

Appears in 2 contracts

Sources: Merger Agreement (Horizon Technology Finance Corp), Merger Agreement (Horizon Technology Finance Corp)

Authority; No Violation. (a) Seller Parent Such Adviser has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board managers of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentssuch Adviser. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent such Adviser and (assuming due authorization, execution and delivery by each of Sellersuch other Adviser, Bank OTF II, OTF and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller Parentsuch Adviser, enforceable against Seller Parent such Adviser in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentsuch Adviser, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofsuch Adviser, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation or limited liability company agreement of such Adviser or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets such Adviser or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent such Adviser under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent such Adviser is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to prevent such Adviser from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to Seller ParentOTF II or OTF. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by such Adviser, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to prevent such Adviser from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to OTF II or OTF.

Appears in 2 contracts

Sources: Merger Agreement (Blue Owl Technology Finance Corp. II), Merger Agreement (Blue Owl Technology Finance Corp.)

Authority; No Violation. (ai) Seller Parent Valero has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentValero. No other corporate proceedings on the part of Seller Parent Valero are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Valero and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorPremcor) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentValero, enforceable against Seller Parent Valero in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (bii) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentValero, nor the consummation by Seller Parent Valero of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Valero with any of the terms or provisions hereof or thereofof this Agreement, will (iA) violate any provision of the Constituent Documents Restated Certificate of Seller ParentIncorporation, as amended, or Amended and Restated By-Laws of Valero or (iiB) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.2(d) are duly obtained, (x1) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Valero, any of its Subsidiaries or Non-Subsidiary Affiliates or any of its properties or assets or (y2) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, accelerate any right or benefit provided by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent underValero, any of its Subsidiaries or Non-Subsidiary Affiliates under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Valero, any of its Subsidiaries or Non-Subsidiary Affiliates is a party, or by which it they or its any of their properties or assets may be boundbound or affected, except (in the case of clauses clause (x) and (y2) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations breaches or creations defaults that, either individually or in the aggregate, would will not have a Material Adverse Effect with respect to Seller Parenton Valero.

Appears in 2 contracts

Sources: Merger Agreement (Premcor Inc), Merger Agreement (Valero Energy Corp/Tx)

Authority; No Violation. (a) Seller Parent GSAM has full corporate all requisite limited partnership power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board general partner of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsGSAM. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent GSAM and (assuming due authorization, execution and delivery by each of SellerGSBD, Bank MMLC and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentGSAM, enforceable against Seller Parent GSAM in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentGSAM, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofGSAM, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, limited partnership of GSAM or the limited partnership agreement of GSAM or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets GSAM or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent GSAM under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent GSAM is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to prevent GSAM from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to Seller ParentGSBD or MMLC. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by GSAM, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to prevent GSAM from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to GSBD or MMLC.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Goldman Sachs BDC, Inc.), Merger Agreement (Goldman Sachs BDC, Inc.)

Authority; No Violation. (a) Seller Parent has and Merger Sub will have full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller Parent. No , and will be so approved in the case of Merger Sub, and no other corporate proceedings on the part of Seller Parent or Merger Sub are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorCompany) constitute legal, constitutes the valid and binding obligations obligation of Seller Parent, enforceable against Seller Parent in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller ParentParent Certificate or the Parent Bylaws, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, injunction or decree or injunction applicable to Seller Parent Parent, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii), any such violationsviolation, conflictsconflict, breachesbreach, defaultsdefault, terminationstermination, cancellationscancellation, accelerations acceleration or creations that, either individually or in the aggregate, creation that would not have reasonably be expected to cause a Material Adverse Effect with respect to Seller ParentEffect.

Appears in 2 contracts

Sources: Merger Agreement (Wachovia Corp New), Merger Agreement (Wachovia Corp New)

Authority; No Violation. (a) Seller Parent has and Merger Sub will have full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board Boards of Directors of Seller Parent. No , and will be so approved in the case of Merger Sub, and no other corporate proceedings on the part of Seller Parent or Merger Sub are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorCompany) constitute legal, constitutes the valid and binding obligations obligation of Seller Parent, enforceable against Seller Parent in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller ParentParent Certificate or the Parent Bylaws, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, injunction or decree or injunction applicable to Seller Parent Parent, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii), any such violationsviolation, conflictsconflict, breaches, defaults, terminations, cancellations, accelerations breach or creations that, either individually or in the aggregate, default that would not have reasonably be expected to cause a Material Adverse Effect with respect to Seller ParentEffect.

Appears in 2 contracts

Sources: Merger Agreement (J P Morgan Chase & Co), Merger Agreement (Bear Stearns Companies Inc)

Authority; No Violation. (a) Seller Parent Quartz has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has have been duly and validly approved by the Board of Directors of Seller Parent. No Quartz and no other corporate proceedings on the part of Seller Parent Quartz are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsAgreement. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Quartz and (assuming due authorization, execution and delivery by each of Seller, Bank and Investorthe Stockholder) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller ParentQuartz, enforceable against Seller Parent Quartz in accordance with their respective its terms (except in all cases as that such enforceability (i) may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting or relating to the Enforceability Exceptions). enforcement of creditors’ rights generally and (bii) is subject to general principles of equity and the discretion of the court before which any proceedings seeking injunctive relief or specific performance may be brought. Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentQuartz, nor the consummation by Seller Parent Quartz of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Quartz with any of the terms or provisions hereof or thereofhereof, will (ix) violate any provision of the Constituent Documents governing documents of Seller ParentQuartz or the certificate of incorporation, by-laws or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy similar governing documents of Section 5.5 with respect to each Investorany of Quartz’s Subsidiaries, (xy) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Quartz or any of its Quartz’s Subsidiaries, or any of their respective properties or assets assets, or (yz) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Quartz or any of Quartz’s Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Quartz or any of Quartz’s Subsidiaries is a party, or by which it they or its any of their respective properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 2 contracts

Sources: Support Agreement (Quintana Energy Services Inc.), Support Agreement (KLX Energy Services Holdings, Inc.)

Authority; No Violation. (a) Seller Parent The Acquiror Adviser has full corporate all requisite limited partnership power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board general partner of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsAcquiror Adviser. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent the Acquiror Adviser and (assuming due authorization, execution and delivery by each of Sellerthe Company, Bank the Acquiror and InvestorMerger Sub) constitute legal, this Agreement constitutes the valid and binding obligations obligation of Seller Parentthe Acquiror Adviser, enforceable against Seller Parent the Acquiror Adviser in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsException). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentthe Acquiror Adviser, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance the performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofAcquiror Adviser, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, partnership of the Acquiror Adviser or the limited partnership agreement of the Acquiror Adviser or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets the Acquiror Adviser or (yB) except as set forth in any Contract that was Previously Disclosed, violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent the Acquiror Adviser under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent the Acquiror Adviser is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect with respect to Seller Parentthe Acquiror Adviser. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by the Acquiror Adviser, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect with respect to the Acquiror Adviser.

Appears in 2 contracts

Sources: Merger Agreement (MidCap Financial Investment Corp), Merger Agreement (MidCap Financial Investment Corp)

Authority; No Violation. (a) Seller Parent Purchaser has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentPurchaser. No other corporate proceedings (including any approvals of Purchaser’s stockholders) on the part of Seller Parent Purchaser are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming Purchaser. Assuming due authorization, execution and delivery by each of SellerSellers, Bank and Investor) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller ParentPurchaser, enforceable against Seller Parent Purchaser in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentPurchaser, nor the consummation by Seller Parent Purchaser of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Purchaser with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, incorporation or bylaws of Purchaser or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.3 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Purchaser or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Purchaser or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent Purchaser or any of its Subsidiaries is a party, or by which it they or its properties any of their respective properties, assets or assets business activities may be boundbound or affected, except (in the case of clauses clause (x) and (yii) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations defaults or creations thatthe loss of benefits which, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentbe material.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Broadridge Financial Solutions, Inc.), Stock Purchase Agreement (Broadridge Financial Solutions, Inc.)

Authority; No Violation. (a) Seller Parent Such Stockholder has full corporate organizational power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyperform its obligations hereunder. The execution and delivery of this Agreement and the Other Investment Agreements has performance of its obligations hereunder have been duly and validly approved by the Board of Directors of Seller Parent. No all requisite limited partnership action and no other corporate organizational proceedings on the part of Seller Parent such Stockholder are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentsperform its obligations hereunder. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent such Stockholder and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorParent) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller Parentsuch Stockholder, enforceable against Seller Parent such Stockholder in accordance with their respective terms (its terms, except in all cases as that such enforceability (i) may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting or relating to the Enforceability Exceptions). enforcement of creditors’ rights generally and (bii) is subject to general principles of equity and the discretion of the court before which any proceedings seeking injunctive relief or specific performance may be brought. Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentsuch Stockholder, nor the consummation by Seller Parent such Stockholder of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent such Stockholder with any of the terms or provisions hereof or thereofhereof, will (ix) violate any provision of the Constituent Documents governing documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorsuch Stockholder, (xy) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent such Stockholder, or any of its properties or assets assets, or (yz) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, claim, mortgage, encumbrance, pledge, deed of trust, security interest, equity or charge of any kind (each, a “Lien”) upon any of the properties or assets of Seller Parent under, Subject Shares pursuant to any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent such Stockholder is a party, or by which it or any of its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 2 contracts

Sources: Support Agreement (Noble Energy Inc), Support Agreement (Clayton Williams Energy Inc /De)

Authority; No Violation. (a) Seller Parent Purchaser has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentPurchaser. No other corporate proceedings (including any approvals of Purchaser’s stockholders) on the part of Seller Parent Purchaser are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming Purchaser. Assuming due authorization, execution and delivery by each of SellerSellers, Bank and Investor) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller ParentPurchaser, enforceable against Seller Parent Purchaser in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentPurchaser, nor the consummation by Seller Parent Purchaser of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Purchaser with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, incorporation or bylaws of Purchaser or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.3 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Purchaser or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Purchaser or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent Purchaser or any of its Subsidiaries is a party, or by which it they or its properties any of their respective properties, assets or assets business activities may be boundbound or affected, except (in the case of clauses clause (x) and (yii) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations defaults or creations thatthe loss of benefits which, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentprevent Purchaser from consummating the transactions contemplated hereby.

Appears in 2 contracts

Sources: Stock Purchase Agreement, Stock Purchase Agreement (Envestnet, Inc.)

Authority; No Violation. (a) Seller Each of Parent and Merger Sub has full all requisite corporate power and authority to execute and deliver enter into this Agreement and the Other Investment Agreements and, subject to the actions described belowadoption of this Agreement by Parent in its capacity as the sole shareholder of Merger Sub (the “Merger Sub Shareholder Approval”), to consummate the transactions contemplated hereby and therebyby this Agreement. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated by this Agreement by Parent and Merger Sub have been duly adopted and validly approved authorized by the Board of Directors of Seller Parent. No other all necessary corporate proceedings action on the part of Seller each of Parent are necessary and Merger Sub, subject only to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentsrequired receipt of Merger Sub Shareholder Approval. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller each of Parent and (assuming due authorization, execution Merger Sub and delivery by each of Seller, Bank and Investor) constitute legal, constitutes the valid and binding obligations obligation of Seller Parenteach of Parent and Merger Sub, enforceable against Seller Parent each of them in accordance with their respective terms (except in all cases as such enforceability may be limited by its terms, subject to the Enforceability Exceptions)Bankruptcy and Equity Exception. (b) Neither the The execution and delivery of this Agreement or any Other Investment Agreement by Seller Parenteach of Parent and Merger Sub do not, nor and the consummation by Seller Parent and Merger Sub of the transactions contemplated hereby or therebyby this Agreement shall not, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will (i) violate conflict with, or result in any violation or breach of, any provision of the Constituent Documents articles of Seller Parentincorporation or bylaws or other equivalent organizational documents of Parent or Merger Sub, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, or result in a any violation or breach of any provision of of, or the loss of any benefit under, constitute a default (with or an event which, with without notice or lapse of time, or both) a default (or give rise to a right of termination, would constitute a defaultcancellation or acceleration of any obligation or loss of any material benefit) under, result in the termination of require a consent or a right of termination or cancellation waiver under, accelerate constitute a change in control under, require the performance required by, payment of a penalty under or result in the creation imposition of any Lien upon any of the properties on Parent’s or Merger Sub’s assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trustlease, license, lease, agreement contract or other agreement, instrument or obligation to which Seller Parent or Merger Sub is a party, party or by which it any of them or its any of their properties or assets may be bound, or (iii) subject to obtaining Merger Sub Shareholder Approval and compliance with the requirements specified in clauses (i), (ii) and (iii) of Section 4.2(c), conflict with or violate any Law or order applicable to Parent or Merger Sub or any of its or their respective properties or assets, except (in the case of clauses (xii) and (yiii) aboveof this Section 4.2(b) for any such conflicts, violations, conflicts, breaches, defaults, terminations, cancellations, accelerations accelerations, losses, penalties or creations thatLiens, either individually and for any consents or in the aggregatewaivers not obtained, that would not reasonably be expected to have a Parent Material Adverse Effect Effect. (c) No consent, approval, license, permit, order or authorization of, or registration, declaration, notice or filing with, any Governmental Entity or any stock market or stock exchange on which shares of common stock of Parent are listed for trading is required by or with respect to Seller Parent or Merger Sub in connection with the execution and delivery of this Agreement by Parent or Merger Sub or the consummation by Parent or Merger Sub of the transactions contemplated by this Agreement, except for (i) the premerger notification requirements under the HSR Act or any other antitrust Law, (ii) the filing of the Articles of Merger with the North Carolina Secretary of State and (iii) filings required under, and compliance with the requirements of, the Securities Act and the Exchange Act. (d) No vote of the holders of any class or series of Parent’s capital stock or other securities is necessary for the consummation by Parent of the transactions contemplated by this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Harris Teeter Supermarkets, Inc.), Merger Agreement (Kroger Co)

Authority; No Violation. (a) Seller Parent Such Shareholder has full corporate organizational power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyperform its obligations hereunder. The execution and delivery of this Agreement and the Other Investment Agreements has performance of its obligations hereunder have been duly and validly approved by the Board governing authority of Directors of Seller Parent. No such Shareholder and no other corporate organizational proceedings on the part of Seller Parent such Shareholder are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentsperform its obligations hereunder. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent such Shareholder and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorParent) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller Parentsuch Shareholder, enforceable against Seller Parent such Shareholder in accordance with their respective terms (except in all cases as such enforceability may be limited by its terms, subject to the Enforceability Exceptions). (b) Creditors’ Rights. Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentsuch Shareholder, nor the consummation by Seller Parent such Shareholder of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent such Shareholder with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents governing documents of Seller Parentsuch Shareholder, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent such Shareholder, or any of its properties or assets assets, or (yiii) violate, conflict with, result in a breach of any provision of or the loss of any benefit underof, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, under or result in the creation of any Lien lien, claim, mortgage, encumbrance, pledge, deed of trust, security interest, equity or charge of any kind (each, a “Lien”) upon any of the properties or assets of Seller Parent under, Subject Securities pursuant to any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent such Shareholder is a party, or by which it or any of its properties or assets may be boundbound or affected, except (except, in the case of clauses clause (xii) and clause (y) above) iii), for such violationsmatters that would not, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect impair the ability of such Shareholder to Seller Parentperform its obligations under this Agreement.

Appears in 2 contracts

Sources: Support Agreement (Juniper Capital III GP, L.P.), Support Agreement (Baytex Energy Corp.)

Authority; No Violation. (a) Seller Parent has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyTransactions. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the Transactions have been duly and validly approved by all necessary limited liability company action on the Board part of Directors of Seller ParentSeller. No other corporate proceedings limited liability company proceeding on the part of Seller Parent are or its Affiliates is necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsTransactions. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (its Affiliates, as applicable, and, assuming due authorization, execution and delivery by each of SellerBuyer, Bank and Investor) this Agreement constitute legal, a valid and binding obligations obligation of Seller Parentand its Affiliates, as applicable, enforceable against Seller Parent and its Affiliates, as applicable, in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other laws affecting or relating to the rights of creditors generally or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a Proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentor its Affiliates, nor the consummation by Seller Parent or its Affiliates of the transactions contemplated hereby or thereby, Transactions nor compliance by Seller Parent or its Affiliates with any of the terms or provisions hereof does or thereof, will (i) violate any provision of the Constituent Documents certificate of organization, operating agreement, or similar organization documents of Seller Parentor its Affiliates, or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor3.3 are duly obtained, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets Applicable Law or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation underunder or in any payment conditioned, in whole or in part, on consummation of the Transactions, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, Acquired Assets under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation Contract to which Seller Parent or any Affiliate thereof is a partyparty relating to the Acquired Assets or Account Assets, or by which it the Acquired Assets or its properties or assets Account Assets may be boundbound or affected, except (in the case of clauses this clause (x) and (y) aboveii)(B)) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations defaults or creations that, either individually or in the aggregate, loss of benefits which would not have a Material Adverse Effect with respect reasonably be expected to Seller Parentbe material to the ongoing custody and administration of the Accounts.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Healthequity, Inc.), Asset Purchase Agreement (CONDUENT Inc)

Authority; No Violation. (a) Seller Parent GC Advisors has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board managers of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsGC Advisors. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent GC Advisors and (assuming due authorization, execution and delivery by each of SellerGCIC, Bank GBDC and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentGC Advisors, enforceable against Seller Parent GC Advisors in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentGC Advisors, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofGC Advisors, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of GC Advisors or the limited liability company agreement of GC Advisors or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets GC Advisors or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent GC Advisors under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent GC Advisors is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, reasonably be expected to be material to GC Advisors. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by GC Advisors, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not not, individually or in the aggregate, reasonably be expected to be have a Material Adverse Effect with respect to Seller ParentGC Advisors.

Appears in 2 contracts

Sources: Merger Agreement (GOLUB CAPITAL BDC, Inc.), Merger Agreement (GOLUB CAPITAL INVESTMENT Corp)

Authority; No Violation. (a) Seller Parent has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described belowparties’ obtaining (i) all bank regulatory approvals required to effectuate the Merger and (ii) the other approvals listed in Section 4.4, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investorthe Company) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller Parent, enforceable against Seller Parent in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by the Enforceability Exceptions)general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generally. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents Articles of Seller ParentIncorporation or By-Laws of Parent or the certificate of incorporation, by-laws or similar governing documents of any of its Subsidiaries, or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 hereof are duly obtained and assuming except as set forth in Section 4.3(b) of the accuracy of Section 5.5 with respect to each InvestorParent Disclosure Schedule, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent or any of its Subsidiaries, or any of their respective properties or assets assets, or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, pledge, security interest, charge or other encumbrance upon any of the respective properties or assets of Seller Parent or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent or any of its Subsidiaries is a party, or by which it they or its any of their respective properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 2 contracts

Sources: Merger Agreement (Fulton Financial Corp), Merger Agreement (First Washington Financial Corp)

Authority; No Violation. (a) Seller Parent Buyer has full corporate all requisite partnership power and authority to execute and deliver enter into this Agreement and the Other Investment Agreements and, subject to the actions described below, carry out its obligations hereunder and to consummate the transactions contemplated hereby and therebyhereby. The execution execution, delivery and delivery performance by Buyer of this Agreement and the Other Investment Agreements has been duly and validly approved by consummation of the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements transactions contemplated hereby have been duly and validly authorized by all requisite partnership action on the part of Buyer and Buyer General Partner, and no other partnership proceedings are necessary to consummate the transactions contemplated by this Agreement. This Agreement has been duly executed and delivered by Seller Parent and (Buyer and, assuming the due authorization, execution and delivery hereof by each of Seller, Bank and Investor) constitute constitutes a legal, valid and binding obligations agreement of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective its terms (except in all cases insofar as such enforceability may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws relating to or affecting creditors’ rights generally and by general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law)). Except as set forth in Section 3.2(b) of the Enforceability ExceptionsBuyer Disclosure Schedule and matters described in clauses (ii). , (biii) Neither and (iv) below that would not, individually or in the aggregate, have a material adverse effect on Buyer, neither the execution and delivery by Buyer of this Agreement or any Other Investment Agreement by Seller ParentAgreement, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or thereby, nor compliance and the performance by Seller Parent with any Buyer of the terms or provisions hereof or thereof, this Agreement will (i) violate or conflict with any provision of the Constituent Documents Buyer’s Certificate of Seller Parent, Limited Partnership or Agreement of Limited Partnership; (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorrequire any consent, (x) violate approval, authorization or permit of, registration, declaration or filing with, or notification to, any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent Governmental Entity or any of its properties or assets or other person; (yiii) violate, conflict with, result in a any breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with notice or lapse of time, time or both, would constitute become a default) under, result in the termination of or a give to others any right of termination termination, cancellation, amendment or cancellation under, accelerate acceleration of any obligation or the performance required by, loss of any benefit under Buyer’s or any Buyer Group Entity’s governing documents or any agreement or instrument to which Buyer or any Buyer Group Entity is a party or by or to which Buyer or any Buyer Group Entity or any of their properties are bound or subject; (iv) result in the creation of an Encumbrance upon any Lien upon or require the sale or give any person the right to acquire any of the properties or of assets of Seller Parent underBuyer or any Buyer Group Entity, or restrict, hinder, impair or limit the ability of Buyer or any Buyer Group Entity to carry on its businesses as and where they are now being carried on; or (v) violate or conflict with any Law applicable to Buyer or any Buyer Group Entity. Section 3.2(b) of the termsBuyer Disclosure Schedule identifies all material consents, conditions or provisions approvals and authorizations of any note, bond, mortgage, indenture, deed Governmental Entity or third party that are required to be obtained by Buyer or any Buyer Group Entity for the consummation of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a party, or the transactions contemplated by which it or its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentthis Agreement.

Appears in 2 contracts

Sources: Purchase Agreement (Plains All American Pipeline Lp), Purchase Agreement (Pacific Energy Partners Lp)

Authority; No Violation. (a) Seller Parent The Shareholder has full corporate power and absolute right, power, authority and legal capacity to execute execute, deliver and deliver perform this Agreement and all Other Seller Agreements to which the Other Investment Agreements Shareholder, is a party, and, subject to assuming the actions described belowdue authorization, to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Seller Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary parties to approve such agreements, this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement constitutes, and the Other Investment Seller Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorizationconstitute, execution and delivery by each of Seller, Bank and Investor) constitute the legal, valid and binding obligations of Seller Parentof, and will be enforceable against Seller Parent in accordance with their respective terms (against, the Shareholder, except in all cases as such enforcement is subject to the effect of (i) any applicable bankruptcy, insolvency, reorganization or similar laws relating to or affecting creditors' rights generally and (ii) general principles of equity, including, without limitation, concepts of reasonableness, good faith and fair dealing, and other similar doctrines affecting the enforceability may be limited by the Enforceability Exceptionsof agreements generally (regardless of whether considered in a proceeding in equity or at law). (b) Neither the execution . The execution, delivery and delivery performance of this Agreement or any and the Other Investment Agreement by Seller Parent, nor Agreements and the consummation by Seller Parent of the transactions contemplated hereby or thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, each such agreement will not (iA) violate (x) any Legal Requirement to which the Company or the Shareholder is subject or (y) any provision of the Constituent Documents articles of Seller Parentincorporation or bylaws of the Company, or (iiB) subject to the securities laws referred to except as set forth in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each InvestorSchedule 3.1(d), (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict withwith or without the giving of notice or the lapse of time or both, or result in a the breach of any provision of of, or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien Encumbrance upon any properties, assets or business of the properties Company or assets of Seller Parent underthe Shareholder, pursuant to, any of the terms, conditions or provisions of any note, bondindenture, mortgage, indenture, deed of trust, licenselien, lease, agreement license, Permit, agreement, instrument or other instrument or obligation arrangement to which Seller Parent the Company, any Subsidiary, or the Shareholder is a party, party or by which it the Company, any Subsidiary, or its the Shareholder, or any of their respective assets and properties is bound or assets may be boundsubject, except but for purposes of this representation and warranty, any right on the part of the other party to such agreement to terminate any such agreement upon the execution, delivery and performance of this Agreement and the Other Seller Agreements or the consummation of the transactions contemplated by each such agreement will not constitute a breach of this representation and warranty (whether or not the agreement is listed on Schedule 3.1(d)). Except for notices that have been given and consents that have been obtained by the Shareholder prior to the execution of this Agreement (which are set forth in Schedule 3.1(d)), neither the case Company, the Shareholder or any Subsidiary, need give any notice to, make any filing with or obtain any authorization, consent or approval of clauses any Governmental Authority in order for the parties to consummate the transactions contemplated by this Agreement and the Other Seller Agreements. Neither the Shareholder nor the Company or any Subsidiary is a party to any litigation or proceeding (x) and, to the knowledge of the Shareholders, no such litigation or proceeding has been threatened), that seeks to prohibit or delay, or that seeks damages as a result of, the execution and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations delivery of this Agreement by the Shareholder or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentconsummation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Sources: Purchase Agreement (Analytical Surveys Inc), Purchase Agreement (Miller Sol C)

Authority; No Violation. (a) Seller Parent GC Advisors has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board managers of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsGC Advisors. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent GC Advisors and (assuming due authorization, execution and delivery by each of SellerGBDC 3, Bank GBDC and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentGC Advisors, enforceable against Seller Parent GC Advisors in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentGC Advisors, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofGC Advisors, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of GC Advisors or the limited liability company agreement of GC Advisors or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets GC Advisors or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent GC Advisors under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent GC Advisors is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to prevent GC Advisors from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to Seller ParentGBDC 3 or GBDC. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by GC Advisors, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to prevent GC Advisors from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to GBDC 3 or GBDC.

Appears in 2 contracts

Sources: Merger Agreement (GOLUB CAPITAL BDC, Inc.), Merger Agreement (Golub Capital BDC 3, Inc.)

Authority; No Violation. (a) Seller Parent Buyer has full requisite corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentBuyer (the “Buyer Board”). The Buyer Board has determined that the Merger, on substantially the terms and conditions set forth in this Agreement, is advisable and in the best interests of Buyer and its shareholders. No other corporate proceedings on the part of Seller Parent Buyer are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorTarget) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective its terms (except in all cases as such enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or similar laws affecting the Enforceability Exceptionsrights of creditors generally or by 12 U.S.C. Section 1818(b)(6)(D) (or any successor statute) and any bank regulatory powers and subject to general principles of equity). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller Parent, Buyer Articles or the Buyer Bylaws or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction Injunction applicable to Seller Parent Buyer, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Buyer or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be is bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.

Appears in 2 contracts

Sources: Merger Agreement (First Capital Bancorp, Inc.), Merger Agreement (Park Sterling Corp)

Authority; No Violation. (a) Seller Parent Buyer has full requisite corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller Parent. No Buyer and no other corporate proceedings on the part of Seller Parent Buyer are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorTarget) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective its terms (except in all cases as such enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or similar laws affecting the Enforceability Exceptionsrights of creditors generally or by 12 U.S.C. Section 1818(b)(6)(D) (or any successor statute) and any bank regulatory powers and subject to general principles of equity). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller Parent, Buyer Articles or the Buyer Bylaws or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction Injunction applicable to Seller Parent Buyer, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Buyer or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be is bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.

Appears in 2 contracts

Sources: Merger Agreement (Community Capital Corp /Sc/), Merger Agreement (Park Sterling Corp)

Authority; No Violation. (a) Seller Parent BancorpSouth has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery Other than the approval of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No BancorpSouth and BancorpSouth Bank, no other corporate proceedings on the part of Seller Parent BancorpSouth or BancorpSouth's Subsidiaries are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent BancorpSouth and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentBancorpSouth, enforceable against Seller Parent BancorpSouth in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by the Enforceability Exceptions)general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors' rights and remedies generally. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentBancorpSouth, nor the consummation by Seller Parent BancorpSouth of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent BancorpSouth with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent BancorpSouth Governing Documents of Seller Parentor the BancorpSouth Bank Governing Documents, or (ii) subject to unless such violation, conflict or breach would not have a Material Adverse Effect on BancorpSouth and assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor5.4 are duly obtained, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent BancorpSouth or any of its Subsidiaries or any of their respective properties or assets assets, or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, pledge, security interest, charge or other encumbrance upon any of the respective properties or assets of Seller Parent BancorpSouth or any of its Subsidiaries under, any of the terms, conditions or provisions of any notematerial contract, bond, mortgage, indenture, deed as such term is defined in Regulation S-X of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a party, or by which it or its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller ParentSEC.

Appears in 2 contracts

Sources: Merger Agreement (Bancorpsouth Inc), Merger Agreement (Bancorpsouth Inc)

Authority; No Violation. (a) Seller Parent The Joint Advisor has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board board of Directors managers of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsJoint Advisor. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent the Joint Advisor and (assuming due authorization, execution and delivery by each of SellerCCT II, Bank FSIC III, FSIC IV, FSIC II, Merger Sub 1, Merger Sub 2 and InvestorMerger Sub 3) constitute legal, constitutes the valid and binding obligations obligation of Seller Parentthe Joint Advisor, enforceable against Seller Parent the Joint Advisor in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentthe Joint Advisor, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofJoint Advisor, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of the Joint Advisor or the limited liability company agreement of the Joint Advisor or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets the Joint Advisor or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent the Joint Advisor under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent the Joint Advisor is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be have a Material Adverse Effect on the Joint Advisor. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with respect the execution, delivery or performance of this Agreement by the Joint Advisor, except for any such consents, approvals, filings or registrations that the failure to Seller Parentobtain or make would not, individually or in the aggregate, reasonably be expected to be material to the Joint Advisor.

Appears in 2 contracts

Sources: Merger Agreement (FS Investment Corp III), Agreement and Plan of Merger (Corporate Capital Trust II)

Authority; No Violation. (a) Seller Parent The Company has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described belowadoption of this Agreement by the requisite vote of holders of Company Common Shares and the filing and recordation of appropriate merger documents under applicable law, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement by the Company and the Other Investment Agreements has consummation by the Company of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller Parent. No all necessary corporate action and no other corporate proceedings on the part of Seller Parent the Company (other than the Company Stockholder Approval (as defined below) and the filing and recordation of appropriate merger documents as required by the DGCL and the DLLCA) are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent the Company and (assuming due authorization, execution and delivery by each of Seller, Bank Parent and InvestorMerger Sub) constitute constitutes a legal, valid and binding obligations obligation of Seller Parentthe Company, enforceable against Seller Parent the Company in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentthe Company, nor the consummation by Seller Parent the Company of the transactions contemplated hereby or therebyMerger, nor compliance by Seller Parent the Company with any of the terms or provisions hereof or thereofhereof, will will (i) violate any provision of the Constituent Documents Certificate of Seller ParentIncorporation, By-laws or other organizational documents of the Company or any of its Subsidiaries or (ii) subject to assuming that the securities laws consents and approvals and waiting periods referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor3.04 are duly obtained or satisfied, (x) violate any law, statutestatute (including Section 203 of the DGCL), code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent the Company or any of its Subsidiaries or any of their respective properties or assets assets, or (y) violate, conflict with, result in a breach of any provision of or the loss of any material benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien (or have any of such results or effects, upon notice or lapse of time, or both) upon any of the respective properties or assets of Seller Parent the Company or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, permit, concession, franchise, or other instrument or obligation instrument, ("Contract") to which Seller Parent the Company or any of its Subsidiaries is a party, or by which it they or its properties any of their respective properties, assets or assets business activities may be boundbound or affected. (c) The only vote of holders of any class or series of the Company's capital stock necessary to adopt this Agreement and the Merger is the adoption of this Agreement by the holders of a majority of the outstanding Company Common Shares, except voting together as a single class (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent"Company Stockholder Approval").

Appears in 1 contract

Sources: Merger Agreement (Bancwest Corp/Hi)

Authority; No Violation. (a) Seller Parent Each of TEI and the Buyer has full the requisite corporate power and authority to execute and deliver enter into this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate carry out the transactions contemplated hereby and therebyhereby. The execution execution, delivery and delivery performance of this Agreement of each of TEI and the Other Investment Agreements Buyer has been duly and validly authorized and approved by the Board of Directors of Seller Parent. No other all necessary corporate proceedings action on the part of Seller Parent are necessary to approve the Buyer and TEI and this Agreement or constitutes the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement legal and binding obligation of TEI and the Other Investment Agreements have been duly Buyer, enforceable against each of TEI and validly executed the Buyer in accordance with its terms, except that the enforceability hereof may be subject to bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally and delivered by Seller that the remedy of specific performance and injunctive and other forms of equitable relief may be subject to equitable defenses and to the discretion of the court before which any proceeding may be brought. Assuming the accuracy of the representations and warranties of the Company and the Parent and (assuming due authorizationhereunder, execution and delivery the entering into of this Agreement by each of SellerTEI and the Buyer does not, Bank and Investor) constitute legal, valid and binding obligations of Seller Parent, enforceable against Seller Parent in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent the Buyer of the transactions contemplated hereby will not, violate the provisions of (a) any applicable federal, state or thereby, nor compliance by Seller Parent with any local laws; (b) its Charter or by-laws of the terms or provisions hereof or thereofBuyer and TEI; (c) except under TEI’s current credit facility with ▇▇▇▇▇▇▇ Bank, will (i) violate any provision of the Constituent Documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byof, or result in the creation a default or acceleration of any Lien upon obligation under, or result in any change in the rights or obligations of the properties Buyer under or assets of Seller Parent underTEI, any of the termsLien, conditions or provisions of any notecontract, bond, mortgage, indenture, deed of trustagreement, license, lease, agreement instrument, indenture, order, arbitration award, judgment, or other instrument or obligation decree to which Seller Parent the Buyer is a party, party or by which it or its properties or assets may be is bound, except or to which any property of the Buyer or TEI is subject; or (d) give to any third party any interest or rights, including rights of termination of cancellation, in or with respect to any of the case material properties, assets, agreements, contracts or business of clauses (x) and (y) above) for such violationsthe Buyer or TEI, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, which would not have a Material Adverse Effect with respect to Seller ParentEffect.

Appears in 1 contract

Sources: Asset Purchase Agreement (Perma Fix Environmental Services Inc)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby (including the Merger, Bank Combination and Dissolution) have been duly and validly approved by the Board of Directors Trustees of Seller ParentBuyer. No other corporate proceedings or approvals on the part of Seller Parent Buyer are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming due authorization, execution and delivery by each of Seller, Bank Seller and InvestorSeller Bank) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or thereby(including the Merger, Bank Combination and Dissolution), nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents articles of Seller Parent, association or bylaws of Buyer or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Buyer or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Buyer under, any of the terms, conditions or provisions of any contract, note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer is a party, or by which it or any of its properties or assets may be bound, except (in the case of clauses (x) and this clause (y) above)) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations breaches or creations thatdefaults which, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect with respect to Seller Parenton Buyer.

Appears in 1 contract

Sources: Merger Agreement (PB Bancorp, Inc.)

Authority; No Violation. (a) Seller Parent and the Company each has full corporate power ----------------------- and absolute right, power, authority and legal capacity to execute execute, deliver and deliver perform this Agreement, and assuming the due authorization, execution and delivery by Buyer, this Agreement constitutes the legal, valid and binding obligation of, and will be enforceable in accordance with its respective terms against, Seller and the Company, except as such enforcement is subject to the effect of any applicable bankruptcy, insolvency, reorganization or similar laws relating to or affecting creditors' rights generally. Except as set forth on SCHEDULE 3.3, the execution, delivery and performance of this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate ------------ consummation of the transactions contemplated hereby by this Agreement have been duly approved by the Boards of Directors of the Company and therebythe Seller and will not (a) violate any Legal Requirement to which the Company or Seller is subject or under which the Assets are subject or bound or any provision of the articles of incorporation or by-laws of Seller or the Company, or (b) violate, with or without the giving of notice or the lapse of time or both, or conflict with or result in the breach or termination of any provision of, or a diminution of the rights of the Company under, or constitute a default under, or give any Person the right to accelerate any obligation under, or result in the creation of any Encumbrance upon, the Company, the Assets or the Business, pursuant to any indenture, mortgage, deed of trust, lien, lease, license, Permit, contract, agreement, instrument or other arrangement to which the Company is a party or by which the Company is bound. The All necessary organizational action on the part of Seller has been taken to authorize the execution and delivery of this Agreement and the Other Investment Agreements has been duly other documents and validly approved by instruments required hereby, the Board performance of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement its obligations hereunder and thereunder, and the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, valid and binding obligations of Seller Parent, enforceable against Seller Parent in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent of the transactions contemplated hereby or and thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a party, or by which it or its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.

Appears in 1 contract

Sources: Stock Purchase Agreement (American Tower Corp /Ma/)

Authority; No Violation. (a) Seller Parent SCP has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board managing members of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsSCP. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent SCP and (assuming due authorization, execution and delivery by each of SellerSUNS, Bank SLRC and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentSCP, enforceable against Seller Parent SCP in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsException). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentSCP, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofSCP, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of SCP or the limited liability company agreement of SCP or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets SCP or (yB) except as set forth in any Contract that was Previously Disclosed, violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent SCP under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent SCP is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect with respect to Seller ParentSLRC or SUNS. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by SCP, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect with respect to SLRC or SUNS.

Appears in 1 contract

Sources: Merger Agreement (SLR Investment Corp.)

Authority; No Violation. (a) Seller Parent Investor has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, Stockholders Agreement and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Stockholders Agreement and the consummation of the Investment Agreements has have been duly and validly approved by the Board of Directors of Seller Parent. No other all necessary corporate proceedings action on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsInvestor. This Agreement and the Other Investment Agreements Stockholders Agreement have been duly and validly executed and delivered by Seller Parent Investor and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorSeller Parties) constitute legal, valid and binding obligations of Seller ParentInvestor, enforceable against Seller Parent Investor in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (b) Neither the execution and delivery of this Agreement or any Other Investment and the Stockholders Agreement by Seller ParentInvestor, nor the consummation by Seller Parent Investor of the transactions contemplated hereby or thereby, nor compliance by Seller Parent Investor with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents of Seller Parent, Investor or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor5.3 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Investor or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Investor or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Investor or any of its Subsidiaries is a party, or by which it they or its any of their respective properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, that either individually or in the aggregate, aggregate would not have a Material Adverse Effect with respect to Seller ParentInvestor.

Appears in 1 contract

Sources: Investment Agreement (Hawaiian Electric Industries Inc)

Authority; No Violation. (a) Seller Each of Parent and Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved and adopted by the Board members of Directors the Buyer and the Executive Committee of Seller Parent. No Parent and no other corporate company proceedings on the part of Seller Buyer or Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Buyer and Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, constitutes the valid and binding obligations obligation of Seller Buyer and Parent, enforceable against Seller Parent each of them it in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Buyer and Parent, nor the consummation by Seller Buyer and Parent of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Buyer and Parent with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents either of Seller Parenttheir constituent documents, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.3 are duly obtained and/or made, (x) violate any law, statute, code, ordinance, rule, regulationLaw, judgment, Orderorder, writ, injunction or decree or injunction applicable to Seller Parent Buyer or Parent, or any of its their respective properties or assets or (yiii) violate, conflict with, result in a breach of any provision of or the loss of any benefit underof, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Buyer or Parent under, under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, franchise, permit, agreement or other instrument or obligation to which Seller Buyer or Parent is a party, party or by which it or its any of their respective properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations is bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 1 contract

Sources: Stock Purchase Agreement (Capital Southwest Corp)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved authorized by the Board of Directors of Seller Parent. No other all necessary corporate proceedings action on the part of Seller Parent are Buyer, and no other corporate action on the part of Buyer is necessary to approve this Agreement or the Other Investment Agreements authorize or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the due authorization, execution and delivery of this Agreement by each of Seller, Bank and Investorthe Old Mutual Parties) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Buyer nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyto be performed by it, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parentincorporation or bylaws of Buyer, or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.3 are duly obtained, (x) violate violate, conflict with or require any lawnotice, statutefiling, code, ordinance, rule, regulation, judgment, Order, writ, decree consent or injunction applicable approval under any Applicable Law to Seller Parent which Buyer or any of its properties Subsidiaries or any of its properties, contracts or other assets are subject, or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with or without notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate or result in a right of acceleration of the performance required by, or result in the creation of any Lien Encumbrance upon any of the properties properties, contracts or other assets of Seller Parent Buyer under, or require any of the termsnotice, conditions approval or provisions of consent under, any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer or any of its Subsidiaries is a party, or by which it Buyer or any of its Subsidiaries, or any of its or their properties or assets assets, may be boundbound or affected, except (other than, in the case of clauses (x) and (y) above) for ), any such violationsitems that would not be reasonably likely, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not to have a Material Adverse Effect with respect material adverse effect on the ability of Buyer to Seller Parenttimely complete the transactions contemplated hereby or timely perform its obligations hereunder or to prevent or materially delay the consummation of the Transaction or any of the other transactions contemplated by this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (Nuveen John Company)

Authority; No Violation. (a1) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and to comply with the Other Investment Agreements and, subject to the actions described below, to terms hereof and consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentshereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the Sellers as the owners of all of the Shares. Assuming due authorization, execution and delivery by each of Sellerthe other Parties, Bank and Investor) constitute legal, this Agreement constitutes the valid _______ _______ and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other similar laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law, or (iii) the specific terms and conditions of this Agreement. (b2) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Buyer nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (iA) violate any provision of the Constituent Documents Certificate of Seller ParentRegistration or Constitution or the certificates of registration or constitution, or other charter or organizational documents, of Buyer or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xB) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Buyer or any of its properties or assets assets, the violation of which would have a material adverse effect, or (yC) violate, conflict with, result in a breach of any provision of or the loss of any material benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of any or all rights or benefits or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, increase any rate of interest payable or result in the creation of any Lien lien upon any of the respective properties or assets of Seller Parent Buyer under, any authorization or of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent is a party, or by which it its properties, assets or its properties or assets business activities may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 1 contract

Sources: Acquisition Agreement (Allezoe Medical Holdings Inc)

Authority; No Violation. (a) Seller Parent Buyer has full all requisite corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyTransactions. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the Transactions have been duly and validly approved by all necessary corporate action on the Board part of Directors of Seller ParentBuyer. No other corporate proceedings proceeding on the part of Seller Parent are Buyer or its controlled Affiliates is necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsTransactions. This Agreement and the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (Buyer and, assuming due authorization, execution and delivery by each of SellerSeller or an Affiliate thereof, Bank and Investor) as applicable, this Agreement constitute legal, a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other laws affecting or relating to the rights of creditors generally or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or thereby, Transactions nor compliance by Seller Parent Buyer with any of the terms or provisions hereof does or thereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, incorporation or bylaws of Buyer or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets Applicable Law or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, Buyer under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation Contract to which Seller Parent Buyer is a party, or by which it or any of its properties properties, assets or assets business activities may be boundbound or affected, except (in the case of clauses clause (x) and (yii) above) for such violations, conflicts, breaches, defaultsdefaults or loss of benefits which would not reasonably be expected to have, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Buyer Material Adverse Effect with respect to Seller ParentEffect.

Appears in 1 contract

Sources: Asset Purchase Agreement (Healthequity, Inc.)

Authority; No Violation. (a) Seller Parent Purchaser has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentPurchaser. No other corporate proceedings (including any approvals of Purchaser’s stockholders) on the part of Seller Parent Purchaser are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming Purchaser. Assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller ParentPurchaser, enforceable against Seller Parent Purchaser in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentPurchaser, nor the consummation by Seller Parent Purchaser of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Purchaser with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, incorporation or bylaws of Purchaser or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.3 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Purchaser or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Purchaser or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent Purchaser or any of its Subsidiaries is a party, or by which it they or its properties any of their respective properties, assets or assets business activities may be boundbound or affected, except (in the case of clauses clause (x) and (yii) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations defaults or creations thatthe loss of benefits which, either individually or in the aggregate, would not have result in a Purchaser Material Adverse Effect with respect to Seller ParentEffect.

Appears in 1 contract

Sources: Stock Purchase Agreement (Schwab Charles Corp)

Authority; No Violation. (a) Seller Parent has Subject to the approval of this Agreement and the transactions contemplated hereby by the stockholders of Fa▇▇▇▇▇▇▇▇, and subject to the parties obtaining all necessary regulatory approvals, Fa▇▇▇▇▇▇▇▇ ▇as full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyin accordance with the terms hereof. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentFa▇▇▇▇▇▇▇▇. No Except for the approvals described in paragraph (b) below, no other corporate proceedings on the part of Seller Parent are Fa▇▇▇▇▇▇▇▇ ▇re necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, Fa▇▇▇▇▇▇▇▇ ▇nd constitutes the valid and binding obligations obligation of Seller ParentFa▇▇▇▇▇▇▇▇, enforceable against Seller Parent in Fa▇▇▇▇▇▇▇▇ ▇n accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentFa▇▇▇▇▇▇▇▇, nor the consummation by Seller Parent of Fa▇▇▇▇▇▇▇▇ ▇f the transactions contemplated hereby in accordance with the terms hereof, or thereby, nor compliance by Seller Parent with Fa▇▇▇▇▇▇▇▇ ▇ith any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents Fa▇▇▇▇▇▇▇▇'▇ Certificate of Seller ParentIncorporation or other governing instrument or Bylaws, or (ii) subject to assuming that the securities laws referred to in Section 4.4 consents and assuming the accuracy of Section 5.5 with respect to each Investorapprovals set forth below are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Fa▇▇▇▇▇▇▇▇ or any of its properties or assets assets, or (yiii) except as set forth in the Fa▇▇▇▇▇▇▇▇ Disclosure Schedule, violate, conflict with, result in a breach of any provision of or the loss of any benefit underprovisions of, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation underof, accelerate the performance required by, or result in the creation of any Lien lien, security interest, charge or other encumbrance upon any of the properties or assets of Seller Parent under, Fa▇▇▇▇▇▇▇▇ under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is Fa▇▇▇▇▇▇▇▇ ▇s a party, or by which it or any of its properties or assets may be boundbound or affected except, except with respect to (ii) and (iii) above, such as individually and in the case aggregate will not have a material adverse effect on the business, operations, assets or financial condition of clauses Fa▇▇▇▇▇▇▇▇ ▇nd the Fa▇▇▇▇▇▇▇▇ Subsidiary on a consolidated basis, or the ability of Fa▇▇▇▇▇▇▇▇ ▇o consummate the transactions contemplated hereby. Except for consents and approvals of or filings or registrations with or notices to the third parties listed in the Fa▇▇▇▇▇▇▇▇ ▇isclosure Schedule, the OCC, the Commissioner of Banking of the State of New Jersey (the "Commissioner"), the Securities and Exchange Commission (the "SEC"), and the stockholders of Fa▇▇▇▇▇▇▇▇, no consents or approvals of or filings or registrations with or notices to any third party or any public body or authority are necessary on behalf of Fa▇▇▇▇▇▇▇▇ in connection with (x) the execution and delivery by Fa▇▇▇▇▇▇▇▇ of this Agreement and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentconsummation by Fa▇▇▇▇▇▇▇▇ of transactions contemplated hereby.

Appears in 1 contract

Sources: Merger Agreement (United National Bancorp)

Authority; No Violation. (a) Seller Each of Parent and Merger Sub has full corporate all requisite power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby (including the Offer and therebythe Merger). The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentParent and Merger Sub, and this Agreement, the Merger and the other transactions contemplated hereby have been adopted and approved by the sole stockholder of Merger Sub. No other corporate proceedings on the part of Seller Parent or Merger Sub, are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or transactions contemplated hereby (including the Other InvestmentsOffer and the Merger). This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller each of Parent and Merger Sub and (assuming the due authorization, execution and delivery by each of Seller, Bank and Investorthe Company) constitute legal, constitutes the valid and binding obligations obligation of Seller Parenteach of Parent and Merger Sub, enforceable against Seller each of Parent and Merger Sub in accordance with their respective its terms (except in all cases as such enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or similar Laws affecting the Enforceability Exceptionsrights of creditors generally and subject to general principles of equity). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Parent and Merger Sub nor the consummation by Seller Parent and Merger Sub of the transactions contemplated hereby or thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will will: (i) violate any provision of the Constituent Documents Parent Certificate, the Parent Bylaws or the certificate of Seller Parent, incorporation or bylaws or other organizational or constitutive documents or governing instruments of Merger Sub or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, 4.04 are duly obtained and/or made: (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction Law applicable to Seller Parent Parent, Merger Sub or any of its their respective properties or assets or assets, (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with or without notice or lapse of time, time or both, would constitute a default) under, require any consent or approval of any person under, result in the termination of or a right of termination or cancellation under, accelerate the acceleration of the performance required by, or other adverse change of any right or obligation under any provision of any agreement or other instrument binding upon Parent or any of its Subsidiaries or any license, franchise, permit, certificate, approval or other similar authorization affecting, or relating in any way to, the assets or business of Parent and its Subsidiaries or (C) result in the creation or imposition of any Lien upon Encumbrance, other than Permitted Encumbrances, on any asset of Parent or any of the properties or assets of Seller Parent underits Subsidiaries, any of the termsexcept, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a party, or by which it or its properties or assets may be bound, except (in the case of clauses the foregoing clause (xii) and (y) above) for such violationsonly, conflictsas would not reasonably be expected to have, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect on Parent. Table of Contents (c) No vote of the holders of outstanding securities of Parent is required by the Parent Certificate, Parent Bylaws, by Law or otherwise to Seller Parentapprove and adopt this Agreement or to consummate the Merger or the other transactions contemplated hereby.

Appears in 1 contract

Sources: Merger Agreement (Hertz Global Holdings Inc)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved authorized by the Board of Directors of Seller Parent. No other all necessary corporate proceedings action on the part of Seller Parent are Buyer, and no other corporate action on the part of the Buyer is necessary to approve this Agreement or the Other Investment Agreements authorize or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the due authorization, execution and delivery of this Agreement by each of Seller, Bank and Investorthe Symphony Parties) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Buyer nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyto be performed by it, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parentincorporation or bylaws of Buyer, or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 Sections 2.2 and assuming the accuracy of Section 5.5 with respect to each Investor2.4 hereof are duly obtained, (x) violate violate, conflict with or require any lawnotice, statutefiling, code, ordinance, rule, regulation, judgment, Order, writ, decree consent or injunction applicable approval under any Applicable Law to Seller Parent which Buyer or any of its properties Subsidiaries or any of its properties, contracts or assets are subject, or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with or without notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate or result in a right of acceleration of the performance required by, or result in the creation of any Lien Encumbrance upon any of the properties properties, contracts or assets of Seller Parent Buyer under, or require any of the termsnotice, conditions approval or provisions of consent under, any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer or any of its Subsidiaries is a party, or by which it Buyer -41- 47 or any of its Subsidiaries, or any of its or their properties or assets assets, may be boundbound or affected, except (other than, in the case of clauses (x) and (y) above) for ), any such violationsitems that would not be reasonably likely, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not to have a Buyer Material Adverse Effect with respect to Seller ParentEffect.

Appears in 1 contract

Sources: Acquisition Agreement (Barra Inc /Ca)

Authority; No Violation. (a) Seller Parent has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the stockholder and other actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, valid and binding obligations of Seller Parent, enforceable against Seller Parent in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions).the (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyhereby, including the Bank Merger, nor compliance by Seller Parent with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents of Seller Parent, Articles or the Seller Bylaws or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor3.4 are duly obtained, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent or any of its Seller Significant Subsidiaries or any of their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent or any of Seller Significant Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent or any of Seller Significant Subsidiaries is a party, or by which it they or its any of their respective properties or assets may be bound, except (in the case of clauses (xA) and (yB) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations breaches or creations thatdefaults which, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect with respect to Seller Parenton Seller.

Appears in 1 contract

Sources: Merger Agreement (First Financial Bancorp /Oh/)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved authorized by the Board of Directors of Seller Parent. No all necessary corporate action in respect thereof and no other corporate proceedings on the part of Seller Parent Buyer are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions so contemplated. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and, assuming this Agreement constitutes a valid and (assuming due authorization, execution and delivery by each binding agreement of Seller, Bank and Investor) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective its terms (except in all cases subject to applicable bankruptcy, insolvency and similar laws affecting creditors' rights generally and subject, as such enforceability may be limited by the Enforceability Exceptionsto enforceability, to general principles of equity.). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (i) violate conflict with or result in a breach of any provision of the Constituent Documents articles of Seller Parentincorporation or by-laws of Buyer, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Buyer or any of its properties or assets assets, or (yiii) subject to obtaining or making the consents, permits, authorizations, approvals, filings and registrations set forth in Section 5.2 of the Buyer Schedule, violate, conflict with, result in a breach of any provision of or the loss of any benefit underprovisions of, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation underof, accelerate the performance required by, or result in a right of termination or acceleration or the creation of any Lien Encumbrance upon any of the properties or assets of Seller Parent Buyer under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer is a party, or by which it or its properties or assets may be bound, bound or affected except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations breaches or creations that, defaults which either individually or in the aggregate, aggregate would not DRAFT OF 02/06/97 have a Material Adverse Effect with respect on Buyer. Notwithstanding the foregoing, the representations and warranties in this subsection (b) shall not relate to or cover any consents, approvals, filings or registrations, if any, arising from the regulated nature of Seller Parentor made applicable to Buyer by virtue of Seller or Buyer's acquisition of the Purchased Assets and business of Seller or such regulations governing Seller and the mortgage banking industry as a result of Buyer's purchase of the Purchased Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Imc Mortgage Co)

Authority; No Violation. (a) Seller Parent Company has full corporate power and authority and is duly authorized to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by all necessary corporate action on the Board part of Directors of Seller ParentCompany. No other corporate proceedings on the part of Seller Parent Company are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming Company. Assuming due authorization, execution and delivery by Buyer and each of Seller, Bank and Investor) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller ParentCompany, enforceable against Seller Parent Company in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other Laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Company nor the consummation by Seller Parent Company of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Company with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents Company Articles of Seller Parent, Incorporation or Company Bylaws or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor2.4 are duly obtained and/or made, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Company or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation underunder or in any payment conditioned, in whole or in part, on a change of control of Company or approval or consummation of transactions of the type contemplated hereby, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the properties or assets of Seller Parent Company or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract or other instrument or obligation to which Seller Parent Company or any of its Subsidiaries is a party, or by which it they or its properties any of their respective properties, assets or assets business activities may be boundbound or affected, except (except, in the case of clauses clause (x) and (yii) above) , for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations defaults or creations thatthe loss of benefits which, either individually or in the aggregate, would not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect with respect to Seller ParentEffect.

Appears in 1 contract

Sources: Stock Purchase Agreement (First Pactrust Bancorp Inc)

Authority; No Violation. (a) Seller Parent The Company has full the requisite corporate power and authority to execute and deliver this Agreement Agreement, to perform its obligations thereunder and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and thereby. The execution and delivery Board of Directors of the Company has unanimously approved this Agreement and the Other Investment Agreements Merger and all transactions contemplated thereby. The Company Shareholder, being the holder of all outstanding Company Stock, has been duly approved this Agreement, the Merger and validly approved by the Board of Directors of Seller Parenttransactions contemplated hereby. No other corporate proceedings on the part of Seller Parent the Company are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated thereby. This Agreement and the Other Investment Agreements all other agreements and documents to be entered into in connection herewith have been duly and validly executed and delivered by Seller Parent the Company and (assuming due authorization, execution and delivery by each of Seller, Bank Parent and InvestorMerger Sub) constitute legal, valid and binding obligations of Seller Parentthe Company, enforceable against Seller Parent in accordance with their respective terms (the Company, except in all cases as such enforceability enforcement may be limited by the Enforceability Exceptions).general principles of equity whether (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, the Company nor the consummation by Seller Parent the Company of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent the Company with any of the terms or provisions hereof or thereofhereof, will will, assuming the consents and approvals referred to in Section 3.4 are obtained, (i) violate any provision of the Constituent Documents Articles of Seller ParentIncorporation or Bylaws of the Company, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, material statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent the Company or any of its properties or assets or (yiii) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, pledge, security interest, charge or other encumbrance upon any of the properties or assets of Seller Parent the Company under, any of the terms, conditions or provisions of any material note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent the Company is a party, or by which it the Company or any of its properties or assets may be boundbound or affected. (c) Neither the execution and delivery of this Agreement by the Company Shareholder, except nor the consummation by the Company Shareholder of the transactions contemplated hereby, nor compliance by the Company Shareholder with any of the terms or provisions hereof, will, assuming that the consents and approvals referred to in Section 3.4 hereof are obtained, (i) violate any material statute, code, ordinance, rule, regulation, judgment, order, writ, decree or injunction applicable to the Company Shareholder or any of its properties or assets or (ii) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the case termination of clauses (x) and (y) above) for such violationsor a right of termination or cancellation under, conflictsaccelerate the performance required by, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or result in the aggregatecreation of any lien, would not have pledge, security interest, charge or other encumbrance upon the properties or assets of any of the Company Shareholder under, any of the terms, conditions or provisions of any material note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which any of the Company Shareholder is a Material Adverse Effect with respect to Seller Parentparty, or by which the Company Shareholder or their respective properties or assets may be bound or affected.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization and Merger (Futurelink Distribution Corp)

Authority; No Violation. (a) Seller Parent Buyer has full corporate limited liability company power and authority to execute and deliver this Agreement the Transaction Documents and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement the Transaction Documents and the Other Investment Agreements has consummation of the transactions contemplated thereby have been duly and validly approved by the Board governing body of Directors of Seller Parent. No Buyer and no other corporate proceedings on the part of Seller Parent Buyer are necessary to approve this Agreement or the Other Investment Agreements Transaction Documents or to consummate the Investment or the Other Investmentstransactions contemplated thereby. This Agreement and the Other Investment Agreements The Transaction Documents have been duly and validly executed and delivered by Seller Parent Buyer and (assuming due authorization, execution and delivery by each of Seller, Bank the Companies and InvestorSellers) constitute legal, valid and binding obligations of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (terms, except in all cases as such enforceability enforcement may be limited by the Enforceability Bankruptcy and Equity Exceptions). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement the Transaction Documents by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or thereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents charter documents of Seller Parent, Buyer or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.3 are duly obtained or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Buyer or any of its Subsidiaries or any of its properties or assets assets, or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, or require redemption or repurchase or otherwise require the purchase or sale of any securities, constitute a default (or an event which, with notice or lapse of time, time or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Buyer or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer or any of its Subsidiaries is a party, or by which it they or its any of their respective properties or assets may be boundbound or affected, except (in the case of clauses clause (x) and (yii) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations defaults or creations that, other events which either individually or in the aggregate, aggregate would not have reasonably be expected to result in a Buyer Material Adverse Effect Effect. As used herein, (a) “Subsidiary” means, with respect to Seller Parentany Person, any corporation, partnership, joint venture, limited liability company or any other entity that is consolidated with such Person for financial reporting purposes and (b) a “Buyer Material Adverse Effect” means a material adverse effect on the ability of Buyer to consummate the transactions contemplated by the Transaction Documents in a timely manner or otherwise prevent or materially delay Buyer from performing any of its material obligations under the Transaction Documents.

Appears in 1 contract

Sources: Interest Purchase Agreement (Ust Inc)

Authority; No Violation. (a) Seller Parent OFA has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board managers of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsOFA. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent OFA and (assuming due authorization, execution and delivery by each of SellerOCSI, Bank OCSL and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentOFA, enforceable against Seller Parent OFA in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsException). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentOFA, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofOFA, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of OFA or the limited liability company agreement of OFA or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets OFA or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent OFA under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent OFA is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to prevent OFA from timely performing its material obligations under this Agreement or have a Material Adverse Effect with respect to Seller ParentOCSL or OCSI. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by OFA, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect with respect to OFA.

Appears in 1 contract

Sources: Merger Agreement (Oaktree Specialty Lending Corp)

Authority; No Violation. (a) Seller Parent Buyer has full power, corporate power or other, and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller Parent. No other all requisite action, corporate proceedings or other, on the part of Seller Parent Buyer, and no other proceedings, corporate or other, on the part of Buyer or its shareholders are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the due authorization, execution and delivery of this Agreement by each of Seller, Bank the Company and Investorthe Beneficial Owners) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability the same may be limited by the Enforceability Exceptions)bankruptcy, insolvency, reorganization, moratorium or similar laws now or hereafter in effect relating to creditors' rights generally and subject to general principles of equity. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyto be performed by it, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parentincorporation or by-laws of Buyer, or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorthis Agreement are duly obtained, (x) violate violate, conflict with or require any lawnotice, statutefiling, codeconsent or approval under any Applicable Law to which Buyer is subject, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination termination, cancellation or cancellation modification under, accelerate or result in a right of acceleration of the performance required by, or result in the creation of require any Lien upon any of the properties notice, approval or assets of Seller Parent under, any of the terms, conditions or provisions of consent under any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer is a party, or by which it or its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.

Appears in 1 contract

Sources: Asset Purchase Agreement (Conning Corp)

Authority; No Violation. (a) Each of Seller Parent and Shareholder has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved authorized by all requisite corporate action on the Board of Directors part of Seller Parent. No and the Shareholder and no other corporate proceedings on the part of Seller Parent or Shareholder are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by the Shareholder and Seller Parent and (and, assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller ParentBuyer, it constitutes a valid and binding obligation of the Shareholder and Seller, enforceable against the Shareholder and Seller Parent in accordance with their respective its terms (except subject to applicable bankruptcy, insolvency, and similar laws affecting creditors’ rights generally and subject, as to enforceability, to general principles of equity whether applied in all cases as such enforceability may be limited by the Enforceability Exceptions)a proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement by the Shareholder or any Other Investment Agreement by Seller Parent, nor the consummation by the Shareholder or Seller Parent of the transactions contemplated hereby or therebyhereby, nor compliance by the Shareholder or Seller Parent with any of the terms or provisions hereof or thereofhereof, will (i) violate conflict with or result in a breach of any provision of the Constituent Documents articles of incorporation or by-laws of Seller Parentor the charter or bylaws of Shareholder, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent or the Shareholder or any of its properties the Acquired Assets or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit underprovisions of, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation underof, accelerate the performance required by, or result in a right of termination or acceleration or the creation of any Lien Encumbrance upon any of the properties or assets of Seller Parent under, Acquired Assets under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument instrument, or obligation to which Seller Parent is a party, or by which it Seller or any of its properties or assets may be boundbound except, except (in the case of clauses this clause (x) and (y) above) ii), for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or rights thereto or creations thatof any Encumbrance which, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parenton the Acquired Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Netbank Inc)

Authority; No Violation. (a) Seller Parent has and Shareholders have full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this This Agreement and the Other Investment Agreements has been duly and validly approved executed by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve and all Shareholders and, assuming this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, constitutes a valid and binding obligations obligation of Buyer, constitutes a valid and binding obligation of Seller Parent, and Shareholders enforceable against Seller Parent and Shareholders in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, and Shareholders nor the consummation by Seller Parent and Shareholders of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent and Shareholders with any of the terms or provisions hereof or thereofhereof, will will, to the best knowledge of Seller, (i) violate conflict with or result in a breach of any provision of the Constituent Documents articles of Seller Parentincorporation or by-laws of Seller, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulationRegulation, judgment, Orderorder, writ, decree or injunction applicable to Shareholders or Seller Parent or any of its their respective properties or assets assets, or (yiii) violate, conflict with, result in a breach of any provision of or the loss of any benefit underprovisions of, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation underof, accelerate the performance required by, or result in a right of termination or acceleration or the creation of any Lien Encumbrance upon any of the respective properties or assets of Shareholders or Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of or trust, license, lease, agreement or other instrument instrument, or obligation to which Shareholders or Seller Parent is a party, or by which it Shareholders, Seller or its any of their DRAFT OF 02/06/97 respective properties or assets may be bound, bound or affected except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, breaches and defaults which either individually or in the aggregate, aggregate would not have a Material Adverse Effect with respect to Seller Parenton Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Imc Mortgage Co)

Authority; No Violation. (a) Seller Parent Purchaser has full corporate power and authority to execute and deliver this Agreement Agreement, to perform its obligations hereunder, and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement Agreement, the performance of Purchaser's obligations hereunder, and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentPurchaser. No other corporate proceedings on the part of Seller Parent Purchaser and no stockholder votes are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransaction contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Purchaser and (assuming due authorization, execution and delivery by each of Seller, Bank and Investorthe Company) constitute legal, constitutes a valid and legally binding obligations obligation of Seller ParentPurchaser, enforceable against Seller Parent Purchaser in accordance with their respective its terms except to the extent that (except in all cases as such i) its enforceability may be subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting the enforcement of creditor's rights generally and by general equitable principles and (ii) rights to indemnity or contribution contained herein may be limited by the Enforceability Exceptions)United States federal or state laws, regulations or public policy. (b) Neither the execution The execution, delivery and delivery performance of this Agreement or any Other Investment Agreement by Seller ParentPurchaser do not, nor and the consummation by Seller Parent Purchaser of the transactions contemplated hereby or thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereofhereby, will not, (i) violate constitute a breach or violation of, or default under the certificate of incorporation or by-laws of Purchaser; (ii) constitute a breach or violation of, or a default rise to any provision Lien, any acceleration of the Constituent Documents remedies or termination under, any law, rule or regulation or decree, order, governmental permit or license, or indenture or instrument of Seller ParentPurchaser or to which Purchaser or its properties are subject or bound, or (iiiii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate require any consent or approval under any such law, statute, code, ordinance, rule, regulation, judgment, Orderdecree, writorder, decree governmental permit or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, leaseagreement, agreement indenture or other instrument or obligation to which Seller Parent is a party, or by which it or its properties or assets may be bound, except (in the case of clauses (xii) and (yiii) above) above for such breaches, violations, conflicts, breaches, defaults, terminationsLiens, cancellationsaccelerations, accelerations rights, consents or creations thatapprovals as would not, either individually or in the aggregate, would not have a Material Adverse Effect with respect be reasonably expected to Seller Parentmaterially adversely affect the ability of Purchaser to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (General Instrument Corp)

Authority; No Violation. (ai) Seller Parent Each Holdings Entity has full corporate the requisite limited partnership or limited liability company power and authority to execute execute, deliver and deliver perform its obligations under this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby. This Agreement and the transactions contemplated hereby have been authorized by all necessary (partnership or limited liability company, as applicable) action by such Holdings Entity. This Agreement has been duly executed and thereby. The delivered by such Holdings Entity and constitutes a valid and binding agreement of such Holdings Entity (assuming the due execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement by, or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorizationwith respect to, execution and delivery by each of Seller, Bank and Investor) constitute legal, valid and binding obligations of Seller ParentPartners GP), enforceable against Seller Parent it in accordance with their respective its terms (except in all cases as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and similar Laws of general applicability relating to or affecting creditors’ rights or by general equity principles (regardless of whether such enforceability is considered in a proceeding in equity or at law)). No other limited liability company or limited partnership votes or approvals on the Enforceability Exceptions)part of the Holdings Entities are necessary to approve this Agreement and to consummate the transactions contemplated hereby. (bii) Neither Subject to the execution required filings under federal and state securities laws, assuming the other consents and approvals contemplated by Section 4.2(e) and Article VI are duly obtained, the execution, delivery and performance of this Agreement or any Other Investment Agreement by Seller Parent, nor and the consummation by Seller Parent of the transactions contemplated hereby by such party do not and will not (a) constitute a breach or thereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents of Seller Parentviolation of, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with notice or lapse of time, time or both, would constitute become a default) under, or result in the termination of or in a right of termination or cancellation underof, or accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, franchise, lease, agreement contract, agreement, joint venture or other instrument or obligation to which Seller Parent it or any of its Subsidiaries is a party, party or by which it or any of its Subsidiaries or properties is subject or assets may be bound, except (b) constitute a breach or violation of, or a default under, the Holdings Partnership Agreement, the Holdings Certificate of Limited Partnership, the Holdings GP LLC Agreement or the Holdings GP Certificate of Formation, (c) contravene or conflict with or constitute a violation of any provision of any Law binding upon or applicable to it or any of its Subsidiaries, (d) result in the case creation of clauses any Lien on any of its assets or its Subsidiaries’ assets other than in connection with any Indebtedness incurred by Partners GP in connection with the transactions contemplated by this Agreement, or (xe) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in cause the aggregate, would not have a Material Adverse Effect with respect transactions contemplated by this Agreement to Seller Parentbe subject to Takeover Laws.

Appears in 1 contract

Sources: Merger Agreement (Enterprise Products Partners L P)

Authority; No Violation. (a) Seller Parent Capital One has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller Parent. No Capital One (by the unanimous vote of all directors present) and no other corporate proceedings on the part of Seller Parent Capital One are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Capital One and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorHibernia) constitute legal, constitutes the valid and binding obligations of Seller ParentCapital One, enforceable against Seller Parent Capital One in accordance with their respective its terms (except in all cases as such enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or similar laws affecting the Enforceability Exceptionsrights of creditors generally and subject to general principles of equity). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentCapital One, nor the consummation by Seller Parent Capital One of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Capital One with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller ParentCapital One Certificate or the Capital One Bylaws, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction Injunction applicable to Seller Parent Capital One, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Capital One or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Capital One or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be is bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.

Appears in 1 contract

Sources: Merger Agreement (Capital One Financial Corp)

Authority; No Violation. (a) Seller Parent Such Advisor has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board managers of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentssuch Advisor. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent such Advisor and (assuming due authorization, execution and delivery by each of Sellerthe other Advisor, Bank CSL III, CSL and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller Parentsuch Advisor, enforceable against Seller Parent such Advisor in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsException). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentsuch Advisor, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofsuch Advisor, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of such Advisor or the limited liability company agreement of such Advisor or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets such Advisor or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent such Advisor under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent such Advisor is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii)(B), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to prevent such Advisor from timely performing its material obligations under this Agreement or have a Material Adverse Effect with respect to Seller ParentCSL or CSL III. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by such Advisor, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to prevent such Advisor from timely performing its material obligations under this Agreement or have a Material Adverse Effect with respect to such Advisor.

Appears in 1 contract

Sources: Merger Agreement (Carlyle Secured Lending III)

Authority; No Violation. (a1) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and to comply with the Other Investment Agreements and, subject to the actions described below, to terms hereof and consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentshereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the Sellers as the owners of all of the Preferred Shares. Assuming due authorization, execution and delivery by each of Sellerthe other Parties, Bank and Investor) constitute legal, this Agreement constitutes the valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other similar laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law, or (iii) the specific terms and conditions of this Agreement. (b2) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Buyer nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (iA) violate any provision of the Constituent Documents Certificate of Seller ParentRegistration or Constitution or the certificates of registration or constitution, or other charter or organizational documents, of Buyer or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xB) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Buyer or any of its properties or assets assets, the violation of which would have a material adverse effect, or (yC) violate, conflict with, result in a breach of any provision of or the loss of any material benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of any or all rights or benefits or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, increase any rate of interest payable or result in the creation of any Lien lien upon any of the respective properties or assets of Seller Parent Buyer under, any authorization or of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent is a party, or by which it its properties, assets or its properties or assets business activities may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 1 contract

Sources: Acquisition Agreement (Novation Holdings Inc)

Authority; No Violation. (a) Seller Parent has and Merger Sub will have full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board Boards of Directors of Seller Parent. No , and will be so approved in the case of Merger Sub, and no other corporate proceedings on the part of Seller Parent or Merger Sub are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorCompany) constitute legal, constitutes the valid and binding obligations obligation of Seller Parent, enforceable against Seller Parent in accordance with their respective its terms (except in all cases as such enforceability may be limited by subject to the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller ParentParent Certificate or the Parent Bylaws, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, injunction or decree or injunction applicable to Seller Parent Parent, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent or any of its Subsidiaries under, any of the terms, 16 <PAGE> conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii), any such violationsviolation, conflictsconflict, breaches, defaults, terminations, cancellations, accelerations breach or creations that, either individually or in the aggregate, default that would not have reasonably be expected to cause a Material Adverse Effect with respect to Seller ParentEffect.

Appears in 1 contract

Sources: Merger Agreement

Authority; No Violation. (a) Seller Parent UNNF has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebythis Agreement contemplates. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions this Agreement contemplates have been duly and validly approved by the Board of Directors of Seller ParentUNNF. No Except for the approval and adoption of this Agreement and the transactions this Agreement contemplates by the affirmative vote of 80% of the votes cast by all holders of shares of UNNF Common Stock at such meeting at which a quorum is present, no other corporate proceedings on the part of Seller Parent UNNF are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions this Agreement contemplates. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (UNNF and, assuming due authorization, execution and delivery by each of SellerDFSC, Bank DMIC, DAI and Investor) constitute legal, DGI constitutes the valid and binding obligations obligation of Seller ParentUNNF, enforceable against Seller Parent UNNF in accordance with their respective terms (its terms, except in all cases as such enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or similar laws affecting the Enforceability Exceptions)rights of creditors generally and the availability of equitable remedies. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, UNNF nor the consummation by Seller Parent UNNF of the transactions contemplated hereby or therebythis Agreement contemplates, nor compliance by Seller Parent UNNF with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller Parent, UNNF Articles or the UNNF Bylaws or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor3.4 are duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction Injunction as defined in Section 9.1(b) applicable to Seller Parent UNNF, any UNNF Subsidiary or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) default under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent UNNF or any UNNF Subsidiary under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent UNNF or any UNNF Subsidiary is a party, or by which it UNNF or its any of UNNF’s Subsidiaries respective properties or assets may be boundbound or affected, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations breaches or creations thatdefaults with respect to clause (ii) that are not reasonably likely to have, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parenton UNNF.

Appears in 1 contract

Sources: Merger Agreement (Donegal Group Inc)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by all requisite corporate action on the Board part of Directors of Seller Parent. No Buyer, and no other corporate proceedings on the part of Seller Parent Buyer or its shareholders are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the due authorization, execution and delivery of this Agreement by each of Seller, Bank the Company and Investorthe Shareholders) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyto be performed by it, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents organizational documents of Seller Parent, Buyer or (ii) subject to except as set forth in Schedule 5.2(b), and assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor6.2 hereof are duly obtained, (x) violate violate, conflict with or require any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Consent under any Applicable Law to which Buyer or injunction applicable to Seller Parent any of its Affiliates or any of its properties or assets are subject, or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate or result in a right of acceleration of the performance required by, or result in the creation of any material Lien upon any of the properties properties, Contracts or assets of Seller Parent underthe Buyer, or require any notice, approval or Consent under any Contract to which Buyer or any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent its Affiliates is a party, or by which it Buyer or any of its Affiliates, or any of its or their properties or assets assets, may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 1 contract

Sources: Stock Purchase Agreement (PMC International Inc)

Authority; No Violation. (a) Seller Parent Edify has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsEdify. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (Edify and, assuming due authorization, execution and delivery by each Purchaser and Merger Sub of Sellerthis Agreement, Bank and Investor) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentEdify, enforceable against Seller Parent Edify in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar laws affecting creditors’ rights and remedies generally. All corporate and stockholder approvals of Edify which are necessary to consummate the Enforceability Exceptions)transactions contemplated hereby have been obtained. (b) Neither Except as set forth at Section 3.3(b) of the Edify Disclosure Schedule, none of the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentEdify, nor the consummation by Seller Parent Edify of the transactions contemplated hereby hereby, or thereby, nor compliance by Seller Parent Edify with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents Certificate of Seller ParentIncorporation or By-Laws of Edify or any of the Subsidiaries, or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor3.4 hereof are duly obtained, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction Laws (as defined in Section 10.12) applicable to Seller Parent Edify, the Subsidiaries or any of its their respective properties or assets or assets, (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, pledge, security interest, charge or other encumbrance upon any of the properties or assets of Seller Parent Edify or the Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, contract, agreement or other instrument or obligation to which Seller Parent Edify or the Subsidiaries is a party, or by which it Edify, the Subsidiaries or its any of their respective properties or assets may be boundbound or affected, except (except, in the case of clauses (x) and (y) above) for each case, where such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation or creations that, either individually or in the aggregate, acceleration would not have a Material Adverse Effect (as defined in Section 10.12) on Edify and the Subsidiaries, taken as a whole or (C) violate, conflict with respect or result in a breach of, or subject Edify, Edify Holding or any Subsidiary to Seller Parentany payment, issuance of shares or other consideration under or in connection with the Option Plans or any agreement involving payments to an employee or other person except as set forth on Exhibit 7.14.

Appears in 1 contract

Sources: Merger Agreement (Intervoice Inc)

Authority; No Violation. (a) Seller Parent The Company has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The Company has taken all corporate action necessary in order (i) to authorize the execution and delivery of, and performance of its obligations under this Agreement and (ii) subject only to receipt of the Company Stockholder Approval approving this Agreement and the Other Investment Agreements consents and approvals identified in Section 2.5, to consummate the Merger and the other transactions contemplated hereby. This Agreement has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements have been duly and validly authorized, executed and delivered by Seller Parent and (assuming the Company. Assuming due authorization, execution and delivery by each of SellerParent and Merger Sub, Bank and Investor) constitute legal, this Agreement constitutes the valid and binding obligations obligation of Seller Parentthe Company, enforceable against Seller Parent the Company in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other laws affecting or relating to the rights of creditors generally or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, the Company nor the consummation by Seller Parent the Company of the Merger and the other transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent the Company with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents Certificates of Seller Parent, Incorporation or bylaws or other charter or organizational documents of the Company or any of its Subsidiaries or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor2.5 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulationLaws or Regulations, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent the Company or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent the Company or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent the Company or any of its Subsidiaries is a party, or by which it they or its properties any of their respective properties, assets or assets business activities may be boundbound or affected, except (in the case of clauses clause (xii) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations defaults or creations thatthe loss of benefits which, either individually or in the aggregate, would not have constitute a Company Material Adverse Effect with respect Effect. Since December 31, 2002, the Company has not received notice from any of its stockholders of an intention of such stockholder to Seller Parentcumulate votes in any election of directors.

Appears in 1 contract

Sources: Merger Agreement (E Loan Inc)

Authority; No Violation. (a) Seller Parent The Joint Advisor has full corporate all requisite limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyAgreement. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board board of Directors managers of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsJoint Advisor. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent the Joint Advisor and (assuming due authorization, execution and delivery by each of SellerFSK, Bank FSKR and InvestorMerger Sub) constitute legal, constitutes the valid and binding obligations obligation of Seller Parentthe Joint Advisor, enforceable against Seller Parent the Joint Advisor in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parentthe Joint Advisor, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransactions, nor compliance performance of this Agreement by Seller Parent with any of the terms or provisions hereof or thereofJoint Advisor, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, formation of the Joint Advisor or the limited liability company agreement of the Joint Advisor or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree Law or injunction Order applicable to Seller Parent or any of its properties or assets the Joint Advisor or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with or without the giving of notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, require the consent, approval or authorization of, or notice to or filing with any third-party with respect to, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent the Joint Advisor under, any of the terms, conditions or provisions of any notePermit, bond, mortgage, indenture, deed of trust, license, lease, agreement Contract or other instrument or obligation to which Seller Parent the Joint Advisor is a party, party or by which it or its properties or assets may be boundis bound except, except with respect to clause (in the case of clauses (x) and (y) above) for ii), any such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation, acceleration, consent, approval or creations thatcreation that would not, either individually or in the aggregate, would not reasonably be expected to prevent the Joint Advisor from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to Seller ParentFSK or FSKR. (c) No consents or approvals of, or filings or registrations with, any Governmental Entity are necessary in connection with the execution, delivery or performance of this Agreement by the Joint Advisor, except for any such consents, approvals, filings or registrations that the failure to obtain or make would not, individually or in the aggregate, reasonably be expected to prevent the Joint Advisor from timely performing its material obligations under this Agreement or from consummating the Mergers and the other Transactions or have a Material Adverse Effect with respect to FSK or FSKR.

Appears in 1 contract

Sources: Agreement and Plan of Merger (FS KKR Capital Corp)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by all necessary corporate action on the Board part of Directors of Seller ParentBuyer. No other corporate proceedings (including any approvals of Buyer’s stockholders) on the part of Seller Parent Buyer are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming Buyer. Assuming due authorization, execution and delivery by Company and each of Sellerthe Sellers, Bank and Investor) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other Laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents articles of Seller Parent, incorporation or bylaws of Buyer or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.3 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Buyer or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Buyer or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract or other instrument or obligation to which Seller Parent Buyer or any of its Subsidiaries is a party, or by which it they or its properties any of their respective properties, assets or assets business activities may be boundbound or affected, except (in the case of clauses clause (x) and (yii) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations defaults or creations thatthe loss of benefits that would not reasonably be expected to, either individually or in the aggregate, would not have a Buyer Material Adverse Effect with respect to Seller ParentEffect.

Appears in 1 contract

Sources: Stock Purchase Agreement (First Pactrust Bancorp Inc)

Authority; No Violation. (ai) Seller Parent Purchaser has full corporate corporate, partnership or limited liability company power and authority to execute and deliver this Agreement and the Other Investment Agreements Agreement, to perform its obligations hereunder and, subject to the other actions described belowin this Section 2.3(b) and Section 2.3(c), to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller ParentClosing. No other corporate proceedings on the part of Seller Parent Purchaser or any of Purchaser’s partners or equityholders are necessary to approve or adopt this Agreement or the Other Investment Agreements Agreement, for Purchaser to perform its obligations hereunder or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent ▇▇▇▇▇▇▇▇▇ and (assuming due authorization, execution and delivery by each of Seller, Bank and Investorthe Company) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentPurchaser, enforceable against Seller Parent Purchaser in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions). (bii) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentPurchaser, the performance by Purchaser of its obligations hereunder nor the consummation by Seller Parent Purchaser of the transactions contemplated hereby or therebyhereby, including the Investment, nor compliance by Seller Parent Purchaser with any of the terms or provisions hereof or thereofhereof, will (iA) violate any provision of the Constituent Documents Purchaser’s certificate or articles of Seller Parent, incorporation or bylaws (or other comparable charter or organizational documents) or (iiB) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor2.3(c) are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction Law applicable to Seller Parent Purchaser or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent Purchaser under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Purchaser is a party, or by which it Purchaser or any of its properties or assets may be bound, except (in the case of clauses (xB)(x) and (yB)(y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations thatwhich would not, either individually or in the aggregate, would not have a Material Adverse Effect with respect reasonably be expected to Seller Parentmaterially and adversely affect Purchaser’s ability to consummate the Investment and the other transactions contemplated by this Agreement.

Appears in 1 contract

Sources: Investment Agreement (New York Community Bancorp, Inc.)

Authority; No Violation. (a) Seller Parent Purchaser and Merger Sub each has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly adopted and approved by the Board of Directors of Seller ParentPurchaser and Merger Sub by a unanimous vote thereof and by Purchaser as the sole shareholder of Merger Sub. No Except for the foregoing, no other corporate proceedings on the part of Seller Parent Purchaser or Merger Sub are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Company and (assuming due authorization, execution Merger Sub and delivery by each of Seller, Bank and Investor) constitute legal, constitutes the valid and binding obligations obligation of Seller ParentCompany, enforceable against Seller Parent Company in accordance with their respective its terms (except in all cases as such enforceability may be limited by the Enforceability ExceptionsBankruptcy and Equity Exception). (b) Neither the execution and delivery by Purchaser or Merger Sub of this Agreement or any Other Investment Agreement by Seller Parentand the other Documents, nor the consummation by Seller Parent Purchaser of the transactions contemplated hereby or thereby, nor the performance by Purchaser or Merger Sub of this Agreement and such other documents and agreements in compliance by Seller Parent with any of the terms or provisions and conditions hereof or thereof, and thereof will (i) violate violate, conflict with or result in any provision breach of the Constituent Documents Articles of Seller ParentIncorporation or Bylaws of Purchaser or the the Articles of Incorporation or Bylaws of Merger Sub, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, with or result in a breach of breach, default or termination under any provision of contract or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon agreement to which any of the properties Purchaser or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Merger Sub is a party, or by which it (iii) violate any Law applicable to Purchaser or its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller ParentMerger Sub.

Appears in 1 contract

Sources: Merger Agreement (S Y Bancorp Inc)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by all requisite corporate action on the Board part of Directors of Seller Parent. No Buyer, and no other corporate proceedings on the part of Seller Parent are Buyer is necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the due authorization, execution and delivery of this Agreement by each of Seller, Bank and InvestorSellers) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability may be limited by the Enforceability Exceptions)bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally and except as may be limited by general principles of equity whether applied in a court of law or a court of equity. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Buyer nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, incorporation or bylaws of Buyer or (ii) subject to assuming that the securities laws Requisite Regulatory Approvals and consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor5.3 hereof are duly obtained, (x) violate in any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction material respect any Applicable Law applicable to Seller Parent Buyer, or any of its respective properties or assets assets, or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien Encumbrance upon any of the respective properties or assets of Seller Parent Buyer under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation Contract to which Seller Parent Buyer is a party, party or by which it Buyer, or any of its properties or assets may be boundbound or affected, except (in the case of clauses (x) and (y) above) for such violationsconsents and approvals the failure of which to obtain will not, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect materially adversely affect the ability of Buyer to Seller Parentconsummate the transactions contemplated by this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (Southwest Gas Corp)

Authority; No Violation. (a) Seller Parent has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by consummation of the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investments. This Agreement and the Other Investment Agreements Transaction have been duly and validly executed and delivered authorized by Seller Parent and (assuming due authorization, execution and delivery by each all necessary corporate or other action on the part of Seller, Bank the Asset Subsidiaries, the members of the Stock Group and Investor) constitute legal, the Stock Selling Subsidiaries. This Agreement is a valid and binding obligations obligation of Seller, the Subsidiaries, the members of the Stock Group that are affiliates of Seller Parentand the Stock Selling Subsidiaries, enforceable against Seller Parent each of them in accordance with their respective terms (its terms, except in all cases as such enforceability the enforcement may be limited by the Enforceability Exceptions)bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer or other laws relating to or limiting creditors' rights generally or by general principles of equity, regardless of whether such enforceability is considered in a proceeding at law or in equity. (b) Neither Except as set forth in Section 2.3 of the Disclosure Schedule, neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentAgreement, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyTransaction, nor compliance by Seller Parent Seller, the Subsidiaries, the members of the Stock Group and the Stock Selling Subsidiaries with any of the terms or provisions hereof or thereofof the Agreement, will (i) violate any provision of the Constituent Documents of Seller Parent, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, violate, result in a breach of any provision of or the loss of any benefit underof, constitute a default (or an event whichthat, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a give rise to any right of termination termination, cancellation or cancellation underacceleration, accelerate the performance required by, or result in the creation of any Lien material Encumbrance upon any of the properties Sale Assets, or the assets of Seller Parent under, any member of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent is a partyStock Group, or by which it or its properties or assets may be boundrequire any authorization, except (in the case of clauses (x) and (y) above) for such violationsconsent, conflictsapproval, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.exemption or

Appears in 1 contract

Sources: Agreement for Sale and Purchase of Assets (Goodrich B F Co)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements andother documents required to be executed and delivered by Buyer in connection herewith and therewith (collectively, subject to the actions described below, “Buyer Transaction Documents”) and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has other Buyer Transaction Documents and the consummation of the transactions contemplated hereby and thereby have been duly and validly approved by all requisite action on the Board part of Directors of Seller Parent. No Buyer, and no other corporate proceedings on the part of Seller Parent Buyer are necessary to approve this Agreement or and the Other Investment Agreements or other Buyer Transaction Documents and to consummate the Investment or the Other Investmentstransactions contemplated hereby and thereby. This Agreement and the Other Investment Agreements have each other Buyer Transaction Document has been duly and validly executed and delivered by Seller Parent Buyer and (assuming the due authorization, execution and delivery of this Agreement by Sellers and each of Seller, Bank and Investorother Buyer Transaction Document by the other party or parties thereto) constitute legal, the valid and binding obligations of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)terms. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement other Buyer Transaction Document by Seller ParentBuyer, nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebythereby to be performed by it, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereof, will (i) violate any provision of the Constituent Documents Certificate of Seller ParentIncorporation or Bylaws or other organizational documents of Buyer, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 (A) violate any applicable law with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent Buyer or any of its properties or assets assets, or (yB) violate, conflict with, result in a breach of any provision of of, or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer is a party, or by which it Buyer or any of its properties or assets assets, may be boundbound or affected, except except, with respect solely to clause (in the case of clauses (x) and (yB) above) , for such violations, conflicts, breachesbreaches or defaults which would not, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentprevent or materially delay the consummation of the transactions contemplated by this Agreement or the other Buyer Transaction Documents or the performance by Buyer of any of its obligations hereunder or thereunder.

Appears in 1 contract

Sources: Stock Purchase Agreement (Allis Chalmers Energy Inc.)

Authority; No Violation. (a) Seller Parent Purchaser has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentPurchaser. No other corporate proceedings (including any approvals of Purchaser’s stockholders) on the part of Seller Parent Purchaser are necessary to approve this Agreement or the Other Investment Agreements or and to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming Purchaser. Assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, this Agreement constitutes a valid and binding obligations obligation of Seller ParentPurchaser, enforceable against Seller Parent Purchaser in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentPurchaser, nor the consummation by Seller Parent Purchaser of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Purchaser with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents certificate of Seller Parent, incorporation or bylaws of Purchaser or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.3 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Purchaser or any of its Subsidiaries or any of their respective properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent Purchaser or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent Purchaser or any of its Subsidiaries is a party, or by which it they or its properties any of their respective properties, assets or assets business activities may be boundbound or affected, except (in the case of clauses clause (x) and (yii) above) for such violations, conflicts, breaches, defaultsdefaults or the loss of benefits that would not reasonably be expected to, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Purchaser Material Adverse Effect with respect to Seller ParentEffect.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Bank of America Corp /De/)

Authority; No Violation. (a) Seller Each of Parent and Merger Sub has full corporate all requisite power and authority to execute and deliver enter into this Agreement and the Other Investment Agreements and, subject to the actions described belowadoption of this Agreement by Parent in its capacity as the sole member of Merger Sub (the “Merger Sub Member Approval”), to consummate the transactions contemplated hereby and therebyby this Agreement. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated by this Agreement by Parent and Merger Sub have been duly adopted and validly approved authorized by the Board of Directors of Seller Parent. No other corporate proceedings all necessary action on the part of Seller each of Parent are necessary and Merger Sub, subject only to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentsrequired receipt of Merger Sub Member Approval. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller each of Parent and (assuming due authorization, execution Merger Sub and delivery by each of Seller, Bank and Investor) constitute legal, constitutes the valid and binding obligations obligation of Seller Parenteach of Parent and Merger Sub, enforceable against Seller Parent each of them in accordance with their respective terms (except in all cases as such enforceability may be limited by its terms, subject to the Enforceability Exceptions)Bankruptcy and Equity Exception. (b) Neither the The execution and delivery of this Agreement or any Other Investment Agreement by Seller Parenteach of Parent and Merger Sub do not, nor and the consummation by Seller Parent and Merger Sub of the transactions contemplated hereby or therebyby this Agreement shall not, nor compliance by Seller Parent with any of the terms or provisions hereof or thereof, will (i) violate conflict with, or result in any violation or breach of, any provision of the Constituent Documents organizational documents of Seller ParentParent or Merger Sub, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, or result in a any violation or breach of any provision of of, or the loss of any benefit under, constitute a default (with or an event which, with without notice or lapse of time, or both) a default (or give rise to a right of termination, would constitute a defaultcancellation or acceleration of any obligation or loss of any material benefit) under, result in the termination of require a consent or a right of termination or cancellation waiver under, accelerate constitute a change in control under, require the performance required by, payment of a penalty under or result in the creation imposition of any Lien upon any of the properties (other than a Permitted Lien) on Parent’s or Merger Sub’s assets of Seller Parent under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trustlease, license, lease, agreement contract or other agreement, instrument or obligation to which Seller Parent or Merger Sub is a party, party or by which it any of them or its any of their properties or assets may be bound, or (iii) subject to obtaining Merger Sub Member Approval and compliance with the requirements specified in clauses (i), (ii), (iii) and (iv) of Section 4.2(c), conflict with or violate any Law or Order applicable to Parent or Merger Sub or any of its or their respective properties or assets, except (in the case of clauses (xii) and (yiii) aboveof this Section 4.2(b) for any such conflicts, violations, conflicts, breaches, defaults, terminations, cancellations, accelerations accelerations, losses, penalties or creations thatLiens, either individually and for any consents or in the aggregatewaivers not obtained, that would not reasonably be expected to have a Parent Material Adverse Effect Effect. (c) No consent, approval, license, permit, order or authorization of, or registration, declaration, notice or filing with, any Governmental Entity or any stock market or stock exchange on which shares of common stock of Parent are listed for trading is required by or with respect to Seller ParentParent or Merger Sub in connection with the execution and delivery of this Agreement by Parent or Merger Sub or the consummation by Parent or Merger Sub of the transactions contemplated by this Agreement, except for (i) the premerger notification requirements under the HSR Act or any other antitrust Law, (ii) the filing of the Articles of Merger with the Ohio Secretary of State, (iii) filings required under, and compliance with the requirements of, the Securities Act and the Exchange Act, and (iv) such other consents, approvals, licenses, permits, orders, authorizations, registrations, declarations, notices and filings that, if not obtained or made, would be reasonably expected to have a Parent Material Adverse Effect. (d) No vote of the members of Parent is necessary for the consummation by Parent of the transactions contemplated by this Agreement.

Appears in 1 contract

Sources: Merger Agreement (Frischs Restaurants Inc)

Authority; No Violation. (a) Seller Parent SunTrust has full requisite corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller Parent. No SunTrust and no other corporate proceedings on the part of Seller Parent SunTrust are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent SunTrust and (assuming due authorization, execution and delivery by each of Seller, Bank and InvestorGB&T) constitute legal, constitutes the valid and binding obligations of Seller ParentSunTrust, enforceable against Seller Parent SunTrust in accordance with their respective its terms (except in all cases as such enforceability may be limited by bankruptcy, insolvency, moratorium, reorganization or similar laws affecting the Enforceability Exceptionsrights of creditors generally and subject to general principles of equity). (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentSunTrust, nor the consummation by Seller Parent SunTrust of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent SunTrust with any of the terms or provisions hereof or thereofof this Agreement, will (i) violate any provision of the Constituent Documents of Seller ParentSunTrust Articles or the SunTrust Bylaws, or (ii) subject to assuming that the securities laws consents, approvals and filings referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorare duly obtained and/or made, (xA) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction Injunction applicable to Seller Parent SunTrust, any of its Subsidiaries or any of its their respective properties or assets or (yB) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event whichthat, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective properties or assets of Seller Parent SunTrust or any of its Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent SunTrust or any of its Subsidiaries is a party, party or by which it any of them or its any of their respective properties or assets may be is bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parent.

Appears in 1 contract

Sources: Merger Agreement (Gb&t Bancshares Inc)

Authority; No Violation. (a) Seller Parent has full the corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller. Assuming authorized officers of Seller Parent. No and Holding execute and deliver all documents, no other corporate proceedings on the part of Seller Parent or Holding are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentSeller, enforceable against Seller Parent in accordance with their respective terms (except in all cases as such enforceability may be limited by the Enforceability Exceptions)its terms. (b) Neither the The execution and delivery of this Agreement or any Other Investment Agreement by Seller ParentSeller, nor the consummation by Seller Parent of the transactions contemplated hereby or therebyhereby, nor and the compliance by Seller Parent with any of the terms or provisions hereof or thereofhereof, will shall not (i) violate any provision of the Constituent Documents Certificate of Incorporation or By-Laws of Seller Parentor the Articles of Association (Gesellschaftsvertrag) of Delta, or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent or Delta or any of its Delta's properties or assets assets, or (yiii) violate, conflict with, result in a breach of any provision of or result in the loss of any benefit or the increase in the amount of any liability or obligation under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation underof, accelerate the performance required by, or result in the creation of any Lien Liens upon any of the Delta's properties or assets of Seller Parent under, any of the terms, conditions or provisions of under any note, bond, mortgage, indenture, deed of trust, license, lease, contract, agreement or other instrument or obligation to which Seller Parent Delta is a party, or by which it or any of its properties or assets may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Engineering Animation Inc)

Authority; No Violation. (a) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyhereby. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors of Seller ParentBuyer. No other corporate proceedings on the part of Seller Parent Buyer are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions contemplated hereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Buyer and (assuming due authorization, execution and delivery by each of Seller, Bank PMSC and Investorthe Stockholders) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency and similar law affecting creditors’ rights and remedies generally. All corporate and stockholder approvals, if any, of Buyer which are necessary to consummate the Enforceability Exceptions)transactions contemplated hereby have been obtained. (b) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Buyer nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents Amended and Restated Certificate of Seller ParentIncorporation or Amended and Restated Bylaws of Buyer, or (ii) subject to assuming that the securities laws consents and approvals referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor5.3 are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction Laws applicable to Seller Parent Buyer or any of its respective properties or assets assets, or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien lien, pledge, security interest, charge or other encumbrance upon any of the properties or assets of Seller Parent under, Buyer under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Buyer is a party, or by which it Buyer or any of its properties or assets may be boundbound or affected, except (except, in the case of clauses (x) and (y) above) for each case, where such violationsviolation, conflictsconflict, breachesbreach, defaultsloss, terminationsdefault, cancellationstermination, accelerations cancellation or creations that, either individually or in the aggregate, acceleration would not have a Material Adverse Effect with respect to Seller Parenton Buyer and its subsidiaries taken as a whole.

Appears in 1 contract

Sources: Stock Purchase Agreement (S1 Corp /De/)

Authority; No Violation. (a) Seller Parent Each of the Sellers has full all of the requisite corporate or other entity power and authority authority, as applicable, to execute and deliver enter into this Agreement and the Other Investment Agreements and, subject to the actions described below, carry out and perform its obligations hereunder and to consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other InvestmentsTransactions. This Agreement and the Other Investment Ancillary Agreements have to which the Sellers are a party has been duly and validly executed and delivered by Seller Parent the Sellers, and (the performance by each of the Sellers of its obligations hereunder and the consummation by the Sellers of the Transactions has been duly authorized, and, assuming due authorization, execution and delivery of this Agreement by each of Sellerthe Purchaser and the Company, Bank and Investor) constitute legalthis Agreement constitutes a valid, valid legal and binding obligations obligation of Seller Parentthe Sellers, enforceable against Seller Parent the Sellers in accordance with their respective terms (except in all cases as such enforceability may be limited by its terms, subject, to the effect of any applicable Law relating to Enforceability Exceptions). (b) Neither the execution The execution, delivery and delivery performance of this Agreement or any Other Investment Agreement and the Ancillary Agreements to which the Sellers are a party by Seller Parent, nor the Sellers and the consummation by Seller Parent of the transactions contemplated hereby Transactions, do not (and will not, with or therebywithout the lapse of time or the giving of notice, nor compliance by Seller Parent or both): (i) contravene, conflict with or result in a violation or breach of or default under any of the terms or provisions hereof or thereof, will (i) violate any provision Organizational Documents of the Constituent Company or the Organizational Documents of Seller Parent, or the Sellers; (ii) subject to obtaining the securities laws referred to in consents, approvals, authorizations or making required filings described under Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor4.4, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violatecontravene, conflict with, with or result in a violation or breach of any provision of any Law or Order applicable to the loss of any benefit underSellers; (iii) contravene, constitute conflict with or result in a violation or breach of, or result in a default (or an event whichgive rise to any right of termination, with notice cancellation, payment or lapse of time, or both, would constitute a defaultacceleration) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required by, or result in the creation of any Lien (other than Liens created by the Purchaser or any of its Affiliates and Permitted Liens) upon any of the properties properties, assets or assets of Seller Parent under, any rights of the termsCompany, conditions or provisions of under any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation Contract to which Seller Parent is the Sellers are a party; except, or by which it or its properties or assets may be bound, except (in the case of clauses clause (xii) and (y) above) for iii), where such violationsconflict, conflictsviolation, breachesdefault or imposition would not have, defaultsand would not reasonably be expected to have, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller ParentEffect.

Appears in 1 contract

Sources: Share Purchase Agreement (dMY Technology Group, Inc. VI)

Authority; No Violation. (a) Seller Parent has full all requisite corporate power and authority to execute and deliver enter into this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate carry out the transactions contemplated hereby hereby. Assuming the accuracy of the representations and thereby. The execution warranties of the Buyer herein, the execution, delivery and delivery performance of this Agreement and the Other Investment Agreements by Parent has been duly and validly authorized and approved by the Board of Directors of Seller Parent. No other all necessary corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentsaction. This Agreement and constitutes the Other Investment Agreements have been duly and validly executed and delivered by Seller Parent and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, valid legal and binding obligations obligation of Seller Parent, enforceable against Seller Parent in accordance with their respective terms (its terms, except in all cases as such that the enforceability hereof may be limited by subject to bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally and that the Enforceability Exceptions). (b) Neither remedy of specific performance and injunctive and other forms of equitable relief may be subject to equitable defenses and to the execution discretion of the court before which any proceeding may be brought. Assuming the accuracy of the representations and delivery warranties of the Buyer, the entering into of this Agreement or any Other Investment Agreement by Seller ParentParent does not, nor and the consummation by Seller each of Parent of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent with any including specifically the transfer of the terms or provisions hereof or thereofCompany Stock to the Buyer, will not violate the provisions of (ia) violate any provision applicable federal, state or local laws, subject to the Buyer receiving any and all required consents and approvals under all Environmental Laws, the effect of which would have a Material Adverse Effect, (b) the Constituent Documents of Seller ParentCompany’s Charter or by-laws, or (iic) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investorexcept as set forth on Schedule 4.2 attached hereto, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Order, writ, decree or injunction applicable to Seller Parent or any of its properties or assets or (y) violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate the performance required byof, or result in the creation a default or acceleration of any Lien upon obligation under, or result in any change in the rights or obligations of the properties Company or assets of Seller Parent under, any of the termsLien, conditions or provisions of any notecontract, bond, mortgage, indenture, deed of trustagreement, license, lease, agreement instrument, indenture, order, arbitration award, judgment, or other instrument or obligation decree to which Seller Parent the Company is a party, party or by which it or its properties or assets may be is bound, except (in or to which any property of the case Company is subject, the effect of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either individually or in the aggregate, which would not have a Material Adverse Effect with respect Effect. Notwithstanding any provision of this Agreement to Seller Parentthe contrary, Parent makes no representation or warranty that Buyer will or will not be required to obtain approvals, consents or new franchises under the Port Everglades Franchise Agreement, issued September 9, 2008, relating to vessel only oily waste removal services and/or the Port Everglades Franchise Agreement, issued May 29, 2011, relating to vessel sanitary waste removal (collectively, the “Port Everglades Franchises”).

Appears in 1 contract

Sources: Stock Purchase Agreement (Perma Fix Environmental Services Inc)

Authority; No Violation. (ai) Seller Parent Buyer has full corporate power and authority to execute and deliver this Agreement and to comply with the Other Investment Agreements and, subject to the actions described below, to terms hereof and consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the Other Investment Agreements has been duly and validly approved by the Board of Directors of Seller Parent. No other corporate proceedings on the part of Seller Parent are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentshereby. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent and (assuming Buyer. Assuming due authorization, execution and delivery by each of Sellerthe other Parties, Bank and Investor) constitute legal, this Agreement constitutes the valid and binding obligations obligation of Seller ParentBuyer, enforceable against Seller Parent Buyer in accordance with their respective terms (its terms, except in all cases as such enforceability enforcement may be limited by (i) the Enforceability Exceptions)effect of bankruptcy, insolvency, reorganization, receivership, conservatorship, arrangement, moratorium or other similar laws affecting or relating to the rights of creditors generally, or (ii) the rules governing the availability of specific performance, injunctive relief or other equitable remedies and general principles of equity, regardless of whether considered in a proceeding in equity or at law, or (iii) the specific terms and conditions of this Agreement. (bii) Neither the execution and delivery of this Agreement or any Other Investment Agreement by Seller Parent, Buyer nor the consummation by Seller Parent Buyer of the transactions contemplated hereby or therebyhereby, nor compliance by Seller Parent Buyer with any of the terms or provisions hereof or thereofhereof, will (iA) violate any provision of the Constituent Documents Certificate of Seller ParentRegistration or Constitution or the certificates of registration or constitution, or other charter or organizational documents, of Buyer or (ii) subject to the securities laws referred to in Section 4.4 and assuming the accuracy of Section 5.5 with respect to each Investor, (xB) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent Buyer or any of its properties or assets assets, the violation of which would have a Material Adverse Effect, or (yC) violate, conflict with, result in a breach of any provision of or the loss of any material benefit under, constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of any or all rights or benefits or a right of termination or cancellation under, accelerate the performance required byby or rights or obligations under, increase any rate of interest payable or result in the creation of any Lien lien upon any of the respective properties or assets of Seller Parent Buyer under, any authorization or of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement agreement, contract, or other instrument or obligation to which Seller Parent is a party, or by which it its properties, assets or its properties or assets business activities may be bound, except (in the case of clauses (x) and (y) above) for such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations bound or creations that, either individually or in the aggregate, would not have a Material Adverse Effect with respect to Seller Parentaffected.

Appears in 1 contract

Sources: Acquisition Agreement (GBS Enterprises Inc)

Authority; No Violation. (a) Seller Parent Acquiror has full corporate power and authority to execute and deliver this Agreement and the Other Investment Agreements and, subject to the actions described below, to consummate the transactions contemplated hereby and therebyin accordance with the terms hereof. The execution and delivery of this Agreement and the Other Investment Agreements has consummation of the transactions contemplated hereby have been duly and validly approved by the Board of Directors and stockholders of Seller Parent. No Acquiror, and no other corporate proceedings on the part of Seller Parent Acquiror are necessary to approve this Agreement or the Other Investment Agreements or to consummate the Investment or the Other Investmentstransactions so contemplated. This Agreement and the Other Investment Agreements have has been duly and validly executed and delivered by Seller Parent Acquiror and (assuming due authorization, execution and delivery by each of Seller, Bank and Investor) constitute legal, constitutes a valid and binding obligations obligation of Seller ParentAcquiror, enforceable against Seller Parent in accordance with their respective terms (and subject to its terms, except in all cases as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally, and except that the Enforceability Exceptions)availability of equitable remedies (including, without limitation, specific performance) is within the discretion of the appropriate court. (b) Neither the execution and delivery of this Agreement by Acquiror, or any Other Investment Agreement by Seller Parent, nor the consummation by Seller Parent Acquiror of the transactions contemplated hereby or thereby, nor compliance by Seller Parent in accordance with any of the terms or provisions hereof or thereofhereof, will (i) violate any provision of the Constituent Documents Certificate of Seller ParentIncorporation or Bylaws of Acquiror, or (ii) subject to assuming that the securities laws referred to in Section 4.4 consents and assuming the accuracy of Section 5.5 with respect to each Investorapprovals set forth below are duly obtained, (x) violate any law, statute, code, ordinance, rule, regulation, judgment, Orderorder, writ, decree or injunction applicable to Seller Parent or any of its properties or assets Acquiror, or (yiii) violate, conflict with, result in a breach of any provision of or the loss of any benefit underprovisions of, constitute a default default. (or an event which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination or cancellation underof, accelerate the performance required by, or result in the creation of any Lien lien, security interest, charge or other encumbrance upon any of the properties or assets of Seller Parent underAcquiror, under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Seller Parent Acquiror is a party, or by which it or any of its properties or assets may be boundbound or affected, except except, with respect to (in the case of clauses (xii) and (yiii) above) for , such violations, conflicts, breaches, defaults, terminations, cancellations, accelerations or creations that, either as individually or in the aggregate, would aggregate will not have a Material Adverse Effect material adverse effect on the business, operations, assets or financial condition of Acquiror and which will not prevent or delay the consummation of the transactions contemplated hereby. Except for consents and approvals of or filings or registrations with respect or notices to Seller Parentthe Secretary of State of the State of Delaware, the Department, the OTS and the SEC, no consents or approvals of or filings or registrations with or notices to any federal, state, municipal or other governmental or regulatory commission, board, agency or non-governmental third party are required on behalf of Acquiror in connection with (a) the execution and delivery of this Agreement by Acquiror and (b) the completion by Acquiror of the transactions contemplated hereby.

Appears in 1 contract

Sources: Merger Agreement (Heritage Bancshares Inc /Tx)