Common use of Sale Will Not Cause Default Clause in Contracts

Sale Will Not Cause Default. Neither the execution and delivery of this Agreement, nor the completion of the purchase and sale contemplated by this Agreement will: (a) violate any of the terms and provisions of any order, decree, statute, bylaw, regulation, covenant, restriction applicable to the Vendor or any of the Assets; (b) give any person the right to terminate, cancel or remove any of the Assets, save to the extent that the consent of the third parties is required to assign the Leasehold Property and the Material contracts; or (c) result in any fees, duties, taxes, assessments or other amounts relating to any of the Assets becoming due or payable by the Purchaser in connection with the purchase and sale.