Example ContractsClausesNo Inconsistent Obligation
No Inconsistent Obligation
No Inconsistent Obligation contract clause examples

No Inconsistent Agreements. Neither [[Organization B:Organization]] nor any of its Subsidiaries has entered, as of the date hereof, nor shall [[Organization B:Organization]] or any of its Subsidiaries, on or after the date of this Agreement, enter into any agreement with respect to its securities, that would have the effect of impairing the rights granted to the Holders in this Agreement or otherwise conflicts with the provisions hereof. Except as set forth on [Schedule 6(i)], neither [[Organization B:Organization]] nor any of its Subsidiaries has previously entered into any agreement granting any registration rights with respect to any of its securities to any Person that have not been satisfied in full.

No Inconsistent Agreements. The Stockholder hereby covenants and agrees that the Stockholder shall not, at any time prior to the Termination Date, # enter into any voting agreement or voting trust with respect to any of the Stockholder’s Covered Shares that is inconsistent with the Stockholder’s obligations pursuant to this Agreement, # grant a proxy or power of attorney with respect to any of the Stockholder’s Covered Shares that is inconsistent with the Stockholder’s obligations pursuant to this Agreement, or # enter into any agreement or undertaking that is otherwise inconsistent with, or would interfere with, or prohibit or prevent it from satisfying, its obligations pursuant to this Agreement.

No Inconsistent Action. Between the date of this Agreement and Closing hereunder or termination of this Agreement, each Party shall use its commercially reasonable efforts to cause the fulfillment at the earliest practicable date of all of the conditions to the obligations of such Party to consummate the sale and purchase of the Purchased Interests.

No Inconsistent Agreements. Neither Party has in effect, and after the Effective Date neither Party shall enter into, any oral or written agreement or arrangement that would be inconsistent with its obligations under this Agreement.

No Obligation to Issue. The Issuing [[Organization A:Organization]] shall be under no obligation to issue any Letter of Credit if:

No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Participant any right to continue in the employ of, or other relationship with, the Company or any Affiliate, or limit in any way the right of the Company, or as applicable, an Affiliate to terminate Participant’s employment or other relationship at any time, with or without Cause.

Nothing in this Plan or any Award granted under this Plan shall confer or be deemed to confer on any Grantee any right to continue in the employ of, or to continue any other relationship with, the Company or to limit in any way the right of the Company to terminate such Grantee’s employment or other relationship at any time, with or without Cause.

No Obligation to Cure. shall have no obligation to cure title objections raised by in any Objection Notice or Supplemental Objection Notice except Monetary Liens. If elects not to cure any matter objected to by in an Objection Notice ('s failure to make such election with regard to any matter raised in an Objection Notice or in a Supplemental Objection Notice and notify of the same within three (3) business days following the receipt by of any Objection Notice shall be deemed an election not to cure such title or survey objection), then may terminate this Agreement in its entirety by delivering to a Due Diligence Termination Notice on or before the later of # the second (2nd) business day following the date on which elects or is deemed to have elected not to cure any matter raised by in an Objection Notice (and if necessary the Closing Date shall be automatically extended to give the full five (5) business day period to make such election) and # the expiration of the Inspection Period. If fails to deliver a Due Diligence Termination Notice within said period with respect to any matters raised in an Objection Notice which elects or is deemed to have elected not to cure, shall be deemed to have waived its objection to any such matter in which event, the matter will be deemed a Permitted Exception (as hereinafter defined).

No Obligation Regarding Transaction. Nothing in this Agreement will obligate Weyerhaeuser or any subsidiary or affiliate of Weyerhaeuser to continue the strategic review process or to close any transaction.

No Obligation to Mitigate. Executive shall not be required to mitigate the damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided under this Agreement be reduced by any compensation earned by Executive as a result of employment by another employer after any Qualifying Termination, or otherwise.

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