Common use of No Violation of Other Instruments Clause in Contracts

No Violation of Other Instruments. The execution, delivery ---------------------------------- and performance of this Agreement by Licensee does not, and the consummation by Licensee of the transactions contemplated hereunder will not: (a) violate any provision of the Certificate of Incorporation or Bylaws of Licensee; (b) require the consent of third parties, (c) violate any provision of, or constitute a default under or breach of, or result in the imposition of any lien or encumbrance or the acceleration of any obligation under, or result in the termination of, any contract, mortgage, franchise, court order, arbitration award, judgment or decree to which Licensee is a party, or (d) violate any statute, rule, regulation or prohibition imposed by any regulatory authority making it illegal for Licensee to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Sources: License Agreement (Material Technologies Inc /Ca/)

No Violation of Other Instruments. The execution, delivery ---------------------------------- and performance of this Agreement by Licensee does not, and the consummation by Licensee of the transactions contemplated hereunder will not: (a) violate any provision of the Certificate of Incorporation or Bylaws of Licensee; (b) require the consent of third parties, (c) violate any provision of, or constitute a default under or breach of, or result in the imposition of any lien or encumbrance or the acceleration of any obligation under, or result in the termination of, any contract, mortgage, franchise, court order, arbitration award, judgment or decree to which Licensee is a party, or (d) violate any statute, rule, regulation or prohibition imposed by any regulatory authority making it illegal for Licensee to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Sources: License Agreement (Material Technologies Inc /Ca/)