Agreements Orders Sample Clauses

Agreements Orders. (a) All significant agreements (including in particular all distribution agreements) entered into by the Company or its subsidiaries including any orders involving the Company or its subsidiaries are listed in EXHIBIT 7.5. A. The significant agreements are to the Seller's knowledge valid and binding in accordance with their respective terms and do not contain any extraordinary terms or conditions outside the ordinary practice of the Company's or its subsidiaries business. The Company and its subsidiaries are not, to the Seller's knowledge, in default in any material respect in the performance of any of their respective obligations under any agreement or contract and to the Seller's knowledge no event has occurred (whether with or without notice, laps of time, or both) which would constitute a default thereunder by the Company or its Subsidiaries). (b) Other than the agreements where the Company or its subsidiaries is a party, and which have been furnished to the Buyer for its due diligence review, there are to the Seller's knowledge no material contracts or commitments made with any third party which cannot be terminated on less than a twelve (12) months notice.