Common use of Compliance with Laws and Orders Clause in Contracts

Compliance with Laws and Orders. Except as disclosed in Section 2.08 of the Disclosure Schedule, Seller is not in material violation of or in material default under any Law or Order applicable to Seller's ownership of the Assets or, to Seller's Knowledge, the operation and maintenance of the Assets.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Pp&l Resources Inc), Asset Purchase Agreement (Pp&l Inc), Asset Purchase Agreement (Pp&l Resources Inc)

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Compliance with Laws and Orders. Except as disclosed in Section 2.08 of the Disclosure Schedule, Seller is not in material violation of or in material default under any Law or Order applicable to Seller's ownership of Seller or the Assets orownership, to Seller's Knowledge, the operation and maintenance of the Assets.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Pp&l Inc), Asset Purchase Agreement (Montana Power Co /Mt/), Asset Purchase Agreement (Pp&l Resources Inc)

Compliance with Laws and Orders. Except as disclosed in Section 2.08 5.1(f) of the Disclosure ScheduleSchedules, to its knowledge, Seller is not in material violation of or in material default under any Law or Order applicable to Seller's ownership of the Assets or, to Seller's KnowledgePurchased Business, the operation and maintenance of Acquired Assets or the AssetsAssumed Liabilities.

Appears in 2 contracts

Samples: Confidential Treatment (Inyx Inc), Asset Purchase Agreement (Inyx Inc)

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Compliance with Laws and Orders. Except as disclosed in Section 2.08 of the Disclosure ScheduleSchedule 2.13, Seller is not in material violation of or in default in any material default respect under any Law or Order applicable to Seller's ownership it by which any of the Purchased Assets or, to Seller's Knowledge, or the operation and maintenance of the AssetsBusiness is bound or affected.

Appears in 1 contract

Samples: Asset Purchase Agreement (Alliance Semiconductor Corp /De/)

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