Common use of No Approvals or Conflicts Clause in Contracts

No Approvals or Conflicts. The execution and delivery by Purchaser of this Agreement does not, and the consummation by Purchaser of the transactions contemplated hereby will not (i) violate, conflict with or result in a breach of any provision of the Amended and Restated Articles of Incorporation or the Bylaws of Purchaser, (ii) violate, conflict with or result in a breach of any provision of, or constitute a default (or an event which, with notice or lapse of time or both, would constitute a default) under, give rise to a right of termination, cancellation, modification or acceleration of any obligation or loss of benefit under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties of Purchaser or on Purchaser's interest in the Purchaser Shares under, any note, bond, mortgage, indenture, deed of trust, license, franchise, permit, lease, contract, agreement or other instrument to which Purchaser or any of its properties or assets are or may be bound, (iii) violate any order, injunction, judgment, ruling, law or regulation of any court or governmental authority applicable to Purchaser or any of its properties or assets, or (iv) except for applicable requirements of the Exchange Act and the rules and regulations promulgated thereunder, require any consent, approval or authorization of, or notice to, or declaration, filing or registration with, any governmental or regulatory authority or other third party.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Indenet Inc), Stock Purchase Agreement (Digital Generation Systems Inc)

No Approvals or Conflicts. The execution and delivery by Purchaser Seller of this Agreement does not, and the consummation by Purchaser Seller of the transactions contemplated hereby will not (i) violate, conflict with or result in a breach of any provision of the Amended and Restated Articles Certificate of Incorporation or the Bylaws of PurchaserSeller or the Company, (ii) violate, conflict with or result in a breach of any provision of, or constitute a default (or an event which, with notice or lapse of time or both, would constitute a default) under, give rise to a right of termination, cancellation, modification or acceleration of any obligation or loss of benefit under, or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties of Purchaser the Company or on PurchaserSeller's interest in the Purchaser Shares under, any note, bond, mortgage, indenture, deed of trust, license, franchise, permit, lease, contract, agreement or other instrument to which Purchaser Seller, the Company, or any of its their respective properties or assets are or may be bound, (iii) violate any order, injunction, judgment, ruling, law or regulation of any court or governmental authority applicable to Purchaser Seller, the Company or any of its their respective properties or assets, or (iv) except for applicable requirements of the Exchange Act and the rules and regulations promulgated thereunder, require any consent, approval or authorization of, or notice to, or declaration, filing or registration with, any governmental or regulatory authority or other third party.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Indenet Inc), Stock Purchase Agreement (Digital Generation Systems Inc)

No Approvals or Conflicts. The execution and Except as set forth on Section 5.12 of the Disclosure Schedule, neither the execution, delivery nor performance by Purchaser Company of this Agreement does not, and nor the consummation by Purchaser Company of the transactions contemplated hereby will not (ia) violate, conflict with or result in a breach of any provision of the Amended and Restated Articles articles of Incorporation incorporation, by-laws, articles of organization, operating agreement or other similar organizational or governing documents of the Bylaws of PurchaserCompany, (iib) violate, conflict with or result in a breach of any provision of, or constitute a default (with or an event which, with without notice or lapse of time or both, would constitute ) a default) under, default (or give rise to a any right of termination, cancellation, modification cancellation or acceleration of any obligation or loss of benefit acceleration) under, or result in the termination of, or accelerate or alter in any way the performance required by or result in the creation of or give any lien, security interest, charge or encumbrance upon party the right to create any Lien on any asset of the properties of Purchaser or on Purchaser's interest in the Purchaser Shares under, Company under any note, bond, mortgage, indentureloan agreement, Contract, deed of trust, license, franchise, permit, leaseinstrument, contract, agreement lease or other instrument agreement to which Purchaser the Company or any of its properties or assets are or may be bound, (iiic) violate any order, injunction, judgment, ruling, law or regulation of any court or governmental authority Law applicable to Purchaser the Company or any of its properties assets or assetsproperties, or (ivd) except for applicable requirements of the Exchange Act and the rules and regulations promulgated thereunder, require any consent, approval or authorization of, or notice to, or declaration, filing or registration with, any governmental or regulatory authority Governmental Authority or other third partyparty in connection with the execution, delivery and performance of this Agreement by the Company to enable the Company to conduct the Business and their operations immediately after the Closing in the same manner in which they are presently conducted.

Appears in 1 contract

Sources: Stock Purchase Agreement (Arc Wireless Solutions Inc)