Contracts or Other Agreements. Seller has furnished to Buyer copies and/or descriptions of all contracts or other agreements affecting the Assets being purchased and sold hereunder. Seller has performed all obligations required of Seller with respect to, and Seller is not in default under, any such contracts or other agreements. Neither the execution or delivery of this Agreement nor the consummation of the transactions contemplated hereby will: (a) conflict with, constitute a breach, violation or termination of any provision of any such contracts and other agreements to which Seller is a party or by which Seller is bound; (b) result in the creation or imposition of any Lien against any of the Assets; or (c) violate any law, regulation, judgment, rule, order or any other restriction of any kind or character applicable to Seller or the Assets.
Appears in 3 contracts
Sources: Franchise Asset Purchase Agreement, Franchise Asset Purchase Agreement, Franchise Asset Purchase Agreement