Common use of No Further Action Needed Clause in Contracts

No Further Action Needed. Except as set forth in SCHEDULE 3.4: (a) no consent, authorization, approval, order, license, certificate, or permit of or from, or declaration or filing with, any federal, state, local or other governmental authority or any court or other tribunal is required by SoftSub for the execution, delivery and/or performance of this Agreement; (b) no consent of any party to any contract, agreement, instrument, lease, license, arrangement, or understanding to which SoftSub is a party, or to which it or any of its properties or assets are subject, is required for the execution, delivery and/or performance of this Agreement; (c) the execution, delivery and performance of this Agreement will not (i) violate, result in a breach of, conflict with, or entitle any party to terminate or call a default under any term of any contract, agreement, instrument, lease, license, arrangement, or understanding whereby SoftSub is a party to, or (ii) violate or result in a breach of any term of the Certificate of Incorporation (or other charter document) or by-laws of SoftSub; (iii) violate, result in a breach of, or conflict with any law, rule, regulation, order, judgment, or decree binding on SoftSub or to which any of its operations, business, properties or assets are subject; and/or (iv) cause or give any person grounds to cause (with or without notice, the passage of time, or both), the maturity of any liability or obligation of SoftSub to be accelerated or will increase any such liability or obligation.

No Further Action Needed. Except as set forth in SCHEDULE 3.4: (a) no consent, authorization, approval, order, license, certificate, or permit of or from, or declaration or filing with, any federal, state, local or other governmental authority or any court or other tribunal is required by SoftSub Multi for the execution, delivery and/or performance of this Agreement; (b) no consent of any party to any contract, agreement, instrument, lease, license, arrangement, or understanding to which SoftSub Multi is a party, or to which it or any of its properties or assets are subject, is required for the execution, delivery and/or performance of this Agreement; (c) the The execution, delivery and performance of this Agreement will not (i) violate, result in a breach of, conflict with, or entitle any party to terminate or call a default under any term of any contract, agreement, instrument, lease, license, arrangementarrang ement, or understanding whereby SoftSub Multi is a party to, or (ii) violate or result in a breach of any term of the Certificate of Incorporation (or other charter document) or by-laws of SoftSubMulti; (iii) violate, result in a breach of, or conflict with any law, rule, regulation, order, judgment, or decree binding on SoftSub Multi or to which any of its operations, business, properties or assets are subject; and/or (iv) cause or give any person grounds to cause (with or without notice, the passage of time, or both), the maturity of any liability or obligation of SoftSub Multi to be accelerated or will increase any such liability or obligation.