Common use of Except as Previously Disclosed Clause in Contracts

Except as Previously Disclosed. neither the execution and delivery of this Agreement, nor consummation of the transactions contemplated hereby, nor compliance by Sandwich with any of the provisions hereof (i) does or will conflict with or result in a breach of any provisions of the Articles of Organization or Bylaws of Sandwich or the equivalent documents of any Sandwich Subsidiary, (ii) violate, conflict with or result in a breach of any term, condition or provision of, or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or give rise to any right of termination, cancellation or acceleration with respect to, or result in the creation of any lien, charge or encumbrance upon any property or asset of Sandwich or any Sandwich Subsidiary pursuant to, any material note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Sandwich or any Sandwich Subsidiary is a party, or by which any of their respective properties or assets may be bound or affected, or (iii) subject to receipt of all required governmental and shareholder approvals, violate any order, writ, injunction, decree, statute, rule or regulation applicable to Sandwich or any Sandwich Subsidiary.

Except as Previously Disclosed. neither the execution and delivery of this Agreement or the Sandwich Option Agreement, nor consummation of the transactions contemplated herebyhereby or thereby, nor compliance by Sandwich with any of the provisions hereof or thereof (i) does or will conflict with or result in a breach of any provisions of the Articles of Organization or Bylaws of Sandwich or the equivalent documents of any Sandwich Subsidiary, (ii) violate, conflict with or result in a breach of any term, condition or provision of, or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or give rise to any right of termination, cancellation or acceleration with respect to, or result in the creation of any lien, charge or encumbrance upon any property or asset of Sandwich or any Sandwich Subsidiary pursuant to, any material note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation to which Sandwich or any Sandwich Subsidiary is a party, or by which any of their respective properties or assets may be bound or affected, or (iii) subject to receipt of all required governmental and shareholder approvals, violate any order, writ, injunction, decree, statute, rule or regulation applicable to Sandwich or any Sandwich Subsidiary.