Common use of Consents Required Clause in Contracts

Consents Required. The execution, delivery and performance of this Agreement by Buyer and Sub will not require Buyer or Sub to obtain any consent, approval or other action to avoid: (i) the loss of any permit or license or other governmental authorization hold by the Company, (ii) the violation or breach of, or a default under any real property lease or any commitment, note, indenture, mortgage, lien, instrument, license, contract or agreement to which Buyer or Sub or any of their assets are subject, or (iii) giving to others any interests or rights, including rights of termination, acceleration or cancellation, in or with respect to any of the real property leases or material properties, agreements, contracts or business of Buyer, which consent has not already been obtained.

Appears in 2 contracts

Sources: Merger Agreement (U S Trucking Inc), Merger Agreement (U S Trucking Inc)

Consents Required. The execution, delivery and performance of this Agreement by Buyer and Sub Seller will not require Buyer Seller or Sub the Company to obtain any consent, approval or other action to avoid: (i) the loss of any permit or license or other governmental authorization hold by the Company, (ii) the violation or breach of, or a default under any real property lease or any commitment, note, indenture, mortgage, lien, instrument, license, contract or agreement to which Buyer Seller or Sub the Company or any of their assets are subject, or (iii) giving to others any interests or rights, including rights of termination, acceleration or cancellation, in or with respect to any of the real property leases or material properties, agreements, contracts or business of Buyer, which consent has not already been obtainedthe Company.

Appears in 2 contracts

Sources: Merger Agreement (U S Trucking Inc), Merger Agreement (U S Trucking Inc)

Consents Required. The execution, delivery and performance of this Agreement by Buyer and Sub Seller will not require Buyer Seller or Sub the Company to obtain any consent, approval or other action to avoid: (i) the I)the loss of any permit or license or other governmental authorization hold by the Company, (ii) the violation or breach of, or a default under any real property lease or any commitment, note, indenture, mortgage, lien, instrument, license, contract or agreement to which Buyer Seller or Sub the Company or any of their assets are subject, or (iii) giving to others any interests or rights, including rights of termination, acceleration or cancellation, in or with respect to any of the real property leases or material properties, agreements, contracts or business of Buyer, which consent has not already been obtainedthe Company.

Appears in 2 contracts

Sources: Merger Agreement (Professional Transportation Group LTD Inc), Merger Agreement (U S Trucking Inc)

Consents Required. The execution, delivery and performance of this Agreement by Buyer and Sub will not require Buyer or Sub to obtain any consent, approval or other action to avoid: (i) the I)the loss of any permit or license or other governmental authorization hold by the Company, (ii) the violation or breach of, or a default under any real property lease or any commitment, note, indenture, mortgage, lien, instrument, license, contract or agreement to which Buyer or Sub or any of their assets are subject, or (iii) giving to others any interests or rights, including rights of termination, acceleration or cancellation, in or with respect to any of the real property leases or material properties, agreements, contracts or business of Buyer, which consent has not already been obtained.

Appears in 1 contract

Sources: Merger Agreement (U S Trucking Inc)