Common use of Compliance with Applicable Laws; Litigation Clause in Contracts

Compliance with Applicable Laws; Litigation. (i) Since January 1, 2007, the operations of the Parent Entities have not been and are not being conducted in violation of any Law (including the Xxxxxxxx-Xxxxx Act of 2002 and the USA PATRIOT Act of 2001) or any Permit necessary for the conduct of their respective businesses as currently conducted, except where such violations, individually or in the aggregate, would not reasonably be expected to have or result in a material adverse effect on Parent. None of the Parent Entities has received any written notice, or has knowledge, of any claim alleging any such violation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ico Inc), Agreement and Plan of Merger (Schulman a Inc)

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Compliance with Applicable Laws; Litigation. (i) Since January 1, 2007, the The operations of the Parent Entities have not been since January 1, 2010 and are not being conducted in violation of any Law (including the Xxxxxxxx-Xxxxx Act of 2002 and the USA PATRIOT Act of 2001) or any Permit necessary for the conduct of their respective businesses as currently conducted, except where such violations, individually or in the aggregate, has not had and would not reasonably be expected to have or result in a material adverse effect on ParentParent Material Adverse Effect. None Since January 1, 2010, none of the Parent Entities has received any written noticenotice regarding any actual or possible violation in any material respect, or has knowledgefailure to comply in any material respect with, of any claim alleging any such violationLaw or Permit.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Spartech Corp), Agreement and Plan of Merger (Polyone Corp)

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