Common use of Issuance Permitted by Applicable Laws Clause in Contracts

Issuance Permitted by Applicable Laws. The issuance of the Securities by the Company hereunder and the consummation of the transactions contemplated by the Transaction Documents shall not (a) violate any Requirements of Law, or (b) result in a breach or default (i) under any of the Contractual Obligations of the Purchaser, or (ii) under any order, writ, judgment, injunction, decree, determination or award of any court, arbitrator, or commission, board, bureau, agency or other governmental instrumentality.

Appears in 1 contract

Sources: Securities Purchase Agreement (Eftc Corp/)

Issuance Permitted by Applicable Laws. The issuance of the Securities by ------------------------------------- the Company hereunder and the consummation of the transactions contemplated by the Transaction Documents shall not (a) violate any Requirements of Law, or (b) result in a breach or default (i) under any of the Contractual Obligations of the Purchaser, or (ii) under any order, writ, judgment, injunction, decree, determination or award of any court, arbitrator, or commission, board, bureau, agency or other governmental instrumentality.

Appears in 1 contract

Sources: Securities Purchase Agreement (Thayer Blum Funding LLC)

Issuance Permitted by Applicable Laws. The issuance of the Securities by the Company and Holdings hereunder and the consummation of the transactions contemplated by the Transaction other Loan Documents shall not (a) violate any Requirements of Lawfederal or state laws or otherwise, or (b) result in a material breach or default (i) under any of the Contractual Obligations contractual obligations of the Purchaser, or (ii) under any order, writ, judgment, injunction, decree, determination or award of any court, arbitrator, or commission, board, bureau, agency or other governmental instrumentality.

Appears in 1 contract

Sources: Unsecured Senior Note and Warrant Purchase Agreement (Sleepmaster LLC)