Common use of Sale Will Not Cause Default Clause in Contracts

Sale Will Not Cause Default. Neither the execution nor delivery of this Agreement, nor the completion of the purchase and sale contemplated by this Agreement will violate any of the terms and provisions of the constating documents or bylaws or articles of the Seller, or any order, decree, statute, bylaw, regulation, covenant, restriction applicable to the Seller or the Intellectual Property.

Sale Will Not Cause Default. Neither the execution nor and delivery of this Agreement, Agreement nor the completion of the purchase and sale contemplated by this Agreement will will: (a) violate any of the terms and provisions of the constating documents or bylaws or articles of the SellerVendor, or any order, decree, statute, bylawby-law, regulation, covenant, covenant or restriction applicable to the Seller Vendor or any of the Intellectual PropertyAssets; or (b) give any person the right to terminate, cancel or remove any of the Assets.

Sale Will Not Cause Default. Neither the execution nor and delivery of this Agreement, nor the completion of the purchase and sale contemplated by this Agreement will herein, will: (a) violate any of the terms and provisions of the constating documents Articles of Incorporation or bylaws or articles of the SellerPurchaser, or any order, decree, statute, bylaw, regulation, covenant, or restriction applicable to the Seller Purchaser; (b) result in any fees, duties, taxes, assessments or other amounts relating to any of the Intellectual PropertyAssets becoming due or payable.

Sale Will Not Cause Default. Neither the execution nor and delivery of this Agreement, Agreement nor the completion of the purchase and sale contemplated by this Agreement will will: (a) violate any of the terms and provisions of the constating documents or bylaws memorandum or articles of the SellerVendor, or any order, decree, statute, bylawby-law, regulation, covenant, covenant or restriction applicable to the Seller Vendor or any of the Intellectual Property.Assets; or (b) give any person the right to terminate, cancel or remove any of the Assets, except to the extent that the consents of the other parties to the Material Contracts are required to assign the Material Contracts;

Sale Will Not Cause Default. Neither the execution nor delivery of this Agreementagreement, nor the completion of the purchase and sale contemplated by this Agreement will violate any of the terms and provisions of the constating documents or bylaws or articles of the Seller, or agreement will: a. Violate any order, decree, statute, bylawby-law, regulation, covenant, restriction applicable to the Seller Vendors or any of the Intellectual PropertyAssets; b. Give any person the right to terminate, cancel or remove any of the Assets; or c. Result in any fees, duties, taxes, assessments or other amounts relating to any of the Assets becoming due or payable other than HST payable by the Purchaser in connection with purchase and sale.

Sale Will Not Cause Default. Neither the execution nor and delivery of this Agreement, Agreement nor the completion of the purchase and sale contemplated by this Agreement will violate any of the terms and provisions of the constating documents memorandum, articles or bylaws or notice of articles of the SellerPurchaser, or any order, decree, statute, bylawby-law, regulation, covenant, covenant or restriction applicable to the Seller or the Intellectual PropertyPurchaser.

Sale Will Not Cause Default. Neither the execution nor and delivery of this Agreement, Agreement nor the completion of the purchase and sale contemplated by this Agreement will will: (a) violate any of the terms and provisions of the constating documents or bylaws or articles of the SellerVendor, or any order, decree, statute, bylawby-law, regulation, covenant, covenant or restriction applicable to the Seller Vendor or any of the Intellectual Property.Assets;

Sale Will Not Cause Default. Neither the execution nor and delivery of this Agreement, nor the completion of the purchase and sale contemplated by this Agreement will herein, will: (a) violate any of the terms and provisions of the constating documents articles of Incorporation or bylaws or articles of the SellerPurchaser, or any order, decree, statute, bylaw, regulation, covenant, or restriction applicable to the Seller Purchaser; (b) result in any fees, duties, taxes, assessments or other amounts relating to any of the Intellectual PropertyAssets becoming due or payable other than sales tax payable by Purchaser in connection with the purchase and sale.