Common use of Compliance with Laws and Instruments Clause in Contracts

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7, (b) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate of Incorporation or By-laws of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected.

Appears in 3 contracts

Sources: Merger Agreement (Northern Way Resources, Inc.), Merger Agreement (Chubasco Resources Corp.), Merger Agreement (Darwin Resources Corp.)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products properties and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect Material Adverse Effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Transaction Documents and the consummation by the Company of the transactions contemplated by this AgreementTransactions: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7Section 2.5 of the Disclosure Schedule, (b) will not cause the Company to violate or contravene (i) any provision of lawLaw, (ii) any rule or regulation of any agency or governmentGovernmental Body, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate of Incorporation or By-laws Bylaws of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect Material Adverse Effect on the Condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws Bylaws, each as amended, or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, in each case, except as would not have a Material Adverse Effect on the Condition of the Company.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (AMERI Holdings, Inc.)

Compliance with Laws and Instruments. Except as set forth There is no judgment, injunction, order or decree binging upon EPT which has or would reasonably be expected to have the effect of prohibiting or materially impairing EPT’s business or its ability to consummate the transactions contemplated herein. EPT is not in SCHEDULE 2.7 the businessany material respect in conflict with, products and operations or in default or in violation of, any Legal Requirement applicable to EPT or by which EPT or any of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Companyits businesses or properties is bound or affected. The execution, delivery and performance by the Company EPT of the this Agreement and the Certificate of Merger Documents and the consummation by the Company EPT of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7, (b) will not cause the Company EPT to violate or contravene (i) any provision of lawLegal Requirement, (ii) any rule or regulation of any agency or government, Governmental Entity (iii) any order, judgment or decree of any court, or (iv) any provision of the [Amended and Restated] Certificate of Incorporation or By-laws Laws of the CompanyEPT, (cb) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a material default under, under any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument material Contract to which the Company EPT is a party or by which the Company EPT or any of its properties is bound or affected, except as would not have a material adverse effect Material Adverse Effect on the Condition of the Company, EPT and (dc) will not result in the creation or imposition of any Lien upon any material property or asset of the CompanyEPT. The Company EPT is not in material violation of, or (with or without notice or lapse of time, or both) in default under, any material term or provision of its [Amended and Restated] Certificate of Incorporation or By-laws Laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, material Contract except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument cause a Material Adverse Effect to which the Company is a party or by which the Company or any of its properties is bound or affectedEPT.

Appears in 1 contract

Sources: Merger Agreement (International Metals Streaming Corp.)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which where the penalties, failure to be in the aggregate, compliance would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents this Agreement and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing and such authorizations, consents, approvals, filings, or as set forth registrations which, in SCHEDULE 2.7the aggregate, would not have a material adverse effect on the Condition of the Company, (b) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate Articles of Incorporation or By-laws Association of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company; except in the cases of clauses (b)(i)-(iii) and (c), where the violation, contravention, conflict, breach, default or failure to give notice would not have a material adverse effect on the Condition of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate Articles of Incorporation or By-laws Association or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected.

Appears in 1 contract

Sources: Securities Exchange Agreement (Sustainable Projects Group Inc.)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company Companies of the Merger Documents this Agreement and the consummation by the Company Companies of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE Schedule 2.7, (b) will not cause the Company Companies to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate Articles of Incorporation or By-laws of the CompanyCompanies, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which either of the Company Companies is a party or by which the Company Companies or any of its their respective properties is bound or affected, except as would where any such violation, conflict, breach or default could not reasonably be expected to have a material adverse effect on the Condition of the CompanyMaterial Adverse Effect, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the CompanyCompanies. The Company To the knowledge of the Companies, neither of the Companies is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate Articles of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which either of the Company Companies is a party or by which either of the Company Companies or any of its their respective properties is bound or affected, in each case except as could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Securities Exchange Agreement (Juhl Wind, Inc)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7, (b) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate of Incorporation or By-laws of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected.

Appears in 1 contract

Sources: Merger Agreement (Medallion Crest Management Inc)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or Closing, as set forth in SCHEDULE 2.7Schedule 2.5, or as otherwise provided herein, (b) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate of Incorporation or By-laws of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, in each case, except as would not materially and adversely affect the Condition of the Company.

Appears in 1 contract

Sources: Merger Agreement (Convention All Holdings Inc)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The To the Company’s knowledge, the execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7Closing, (b) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate of Incorporation or By-laws of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company, where “Lien” shall mean any claim, lien, pledge, assignment, option, charge, easement, license, restraint, security interest, encumbrance, mortgage or other right or obligation (including, without limitation, with respect to equity, any preemptive right, right of first refusal, put, call or other restriction on transfer, and, with respect to Intellectual Property (as defined below), any license, covenant, release or immunity). The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected.

Appears in 1 contract

Sources: Merger Agreement (NewGen BioPharma Corp.)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products properties and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect Material Adverse Effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Transaction Documents to which it is a party and the consummation by the Company of the transactions contemplated by this AgreementTransactions to which it is a party: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7Schedule 2.6 of the Disclosure Schedules, (b) will not cause the Company to violate or contravene (i) any provision of lawLaw, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate articles of Incorporation organization or By-laws operating agreement of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect Material Adverse Effect on the Condition condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate articles of Incorporation organization or By-laws operating agreement, each as amended, or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, in each case, except as would not have a Material Adverse Effect on the Condition of the Company.

Appears in 1 contract

Sources: Merger Agreement (AMERI Holdings, Inc.)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 To the knowledge of the Company, the business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7, (b) will not cause the Company to violate or contravene (i) any applicable provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any courtcourt for which such violation or contravention would not have a material adverse effect on the Condition of the Company, or (iv) any provision of the Certificate of Incorporation or By-laws Laws of the Company, (cb) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, Company and (dc) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws Laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected.

Appears in 1 contract

Sources: Merger Agreement (FTOH Corp)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7, (b) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Amended and Restated Certificate of Incorporation or By-laws By- Laws of the Company, (cb) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, Company and (dc) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Amended and Restated Certificate of Incorporation or By-laws Laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected.

Appears in 1 contract

Sources: Merger Agreement (Active With Me Inc.)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products and operations of the each Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the CompanyCompanies. The execution, delivery and performance by Holdings and the Company of the Merger Documents this Agreement and the consummation by Holdings and the Company of the transactions contemplated by this Agreementhereby: (ai) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7Closing, (bii) will not cause Holdings or any of the Company Companies to violate or contravene (i1) any provision of law, (ii2) any rule or regulation of any agency or government, (iii3) any order, judgment or decree of any court, or (iv4) any provision of the Certificate of Incorporation or By-laws of the Companyits Organizational Documents, (ciii) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Holdings or any Company is a party or by which the Holdings or any Company or any of its their respective assets or properties is bound or affected, except as would not have a material adverse effect on the Condition of the CompanyCompanies, and (div) will not result in the creation or imposition of any Lien upon any property or asset of Holdings or the CompanyCompanies. The Company None of Holdings and the Companies is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws Organizational Documents or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement (other than as set forth on Schedule 2.7 hereto) or, except as would not materially and adversely affect the Condition of the CompanyCompanies, or any other material agreement or instrument to which any of Holdings and the Company Companies is a party or by which any of Holdings and the Company Companies or any of its their respective assets or properties is bound or affected.

Appears in 1 contract

Sources: Share Exchange Agreement (RTG Ventures Inc)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the business, products and operations The conduct of the Company have Company’s business has been and are is being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Exchange Documents and the consummation by the Company of the transactions contemplated by this Agreement: (ai) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7Closing, (bii) will not cause the Company to violate or contravene (ia) any provision of law, (iib) any rule or regulation of any agency or government, (iiic) any order, judgment or decree of any court, or (ivd) any provision of the Certificate of Incorporation or By-laws of the Company, (ciii) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, Company and (div) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected.

Appears in 1 contract

Sources: Exchange Agreement (Cliff Rock Resources Corp.)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products and operations of the Company Extreme have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the CompanyExtreme. The execution, delivery and performance by Extreme and the Company Extreme Stockholders of the Merger Documents this Agreement and the consummation by Extreme and the Company Extreme Stockholders of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7Closing, (b) will not cause the Company Extreme or any Extreme Stockholder to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate of Incorporation or By-laws of the CompanyExtreme, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company Extreme or any Extreme Stockholder is a party or by which the Company Extreme or any Extreme Stockholder or any of its their respective properties is are bound or affected, except as would not have a material adverse effect on the Condition of the Company, Extreme and (d) will not result in the creation or imposition of any Lien upon any property or asset of the CompanyExtreme. The Company Extreme is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the CompanyExtreme, or any other material agreement or instrument to which the Company Extreme is a party or by which the Company Extreme or any of its properties is bound or affected.

Appears in 1 contract

Sources: Share Exchange Agreement (Falcon Media Services LTD)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products properties and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE Schedule 2.7, (b) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate of Incorporation or By-laws of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, in each case, except as would not materially and adversely affect the Condition of the Company.

Appears in 1 contract

Sources: Merger Agreement (Spatializer Audio Laboratories Inc)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE Schedule 2.7 the business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE Schedule 2.7, (b) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate of Incorporation or By-laws of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected.

Appears in 1 contract

Sources: Merger Agreement (Windy Creek Developments, Inc.)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the business, products The business and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents and the consummation by the Company of the transactions contemplated by this Agreement: (a) will not require any authorization, consent or approval of, or filing or registration with, any court or governmental agency or instrumentality, except for such approvals and other authorizations, consents, approvals, filings and registrations as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.7Closing, (b) will not cause the Company to violate or contravene (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, or (iv) any provision of the Certificate Articles of Incorporation or By-laws Bylaws of the Company, (c) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, and (d) will not result in the creation or imposition of any Lien upon any property or asset of the Company. The Company is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate Articles of Incorporation or By-laws Bylaws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company is a party or by which the Company or any of its properties is bound or affected, in each case, except as would not materially and adversely affect the Condition of the Company.

Appears in 1 contract

Sources: Merger Agreement (Bacterin International Holdings, Inc.)

Compliance with Laws and Instruments. Except as set forth in SCHEDULE 2.7 the The business, products and operations of the Company have been and are being conducted in compliance in all material respects with all applicable laws, rules and regulations, except for such violations thereof for which the penalties, in the aggregate, would not have a material adverse effect Material Adverse Effect on the Condition of the Company. The execution, delivery and performance by the Company of the Merger Documents Documentation and the consummation by the Company of the transactions contemplated by this Agreement: (a) have been duly authorized by the Board of Directors of the Company, (b) will not require any authorization, consent or approval of, or filing (other than the filing referred to in Section 1.2 herein) or registration with, any court or governmental agency or instrumentality, except such as shall have been obtained prior to the Closing or as set forth in SCHEDULE 2.72.7 hereto, (bc) subject to obtaining the requisite approval of the shareholders of the Company or any Company Subsidiary, will not cause the Company to violate or contravene in any material respect (i) any provision of law, (ii) any rule or regulation of any agency or government, (iii) any order, judgment or decree of any court, court or (iv) any provision of the Certificate Articles of Incorporation or By-laws of the CompanyCompany or any Company Subsidiary, (cd) will not violate or be in conflict with, result in a breach of or constitute (with or without notice or lapse of time, or both) a default under, any material indenture, loan or credit agreement, deed of trust, mortgage, security agreement or other contract, agreement or instrument to which the Company or any Company Subsidiary is a party or by which the Company, any Company Subsidiary or any of its their properties is bound or affected, except as would not have a material adverse effect on the Condition of the Company, affected and (de) will not result in the creation or imposition of any Lien upon any property or asset of the Company; except, with respect to the matters set forth in clauses (c) through(e) above, those matters as would not have a Material Adverse Effect on the Company. The Neither the Company nor any of the Company Subsidiaries is not in violation of, or (with or without notice or lapse of time, or both) in default under, any term or provision of its Certificate Articles of Incorporation or By-laws or of any indenture, loan or credit agreement, deed of trust, mortgage, security agreement or, except as would not materially and adversely affect the Condition of the Company, or any other material agreement or instrument to which the Company it is a party or by which the Company it or any of its properties is bound or affected, except as would not have a Material Adverse Effect on the Company.

Appears in 1 contract

Sources: Merger Agreement (CCP Worldwide Inc)