Common use of Compliance with the Law and Other Instruments Clause in Contracts

Compliance with the Law and Other Instruments. Except as otherwise set forth in Section “5D” of the WWR Disclosure Statement which is annexed hereto as Exhibit “G”, WWR is and has been in material compliance in all material respects with any and all legal requirements applicable to WWR, including, but not limited to, all applicable federal and state “blue sky” securities laws. Except as otherwise set forth in Section “5D” of Exhibit “G”, WWR (i) has not received or entered into any citations, complaints, consent orders, compliance schedules, or other similar enforcement orders or received any written notice from any governmental authority or any other written notice which would indicate that WWR is not currently in compliance with all applicable legal requirements, and (ii) is not in default under any legal requirement applicable to WWR, and WWR has no knowledge that any condition exists (whether or not covered by insurance) that with or without notice or lapse of time or both would constitute a default under, or breach or violation of, any legal requirement applicable to WWR. Without limiting the generality of the foregoing, WWR has not received notice of, and, WWR has no knowledge of any basis for, any claim, action, suit, investigation or proceeding which might result in a finding that WWR is not or has not been in compliance with legal requirements relating to (i) the development, testing, manufacture, packaging, distribution, and marketing of its products, (ii) employment, safety and health, and/or (iii) environmental protection, building, zoning and land use.

Appears in 2 contracts

Samples: Merger Agreement (China PharmaHub Corp.), Merger Agreement (World Wide Relics Inc.)

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Compliance with the Law and Other Instruments. Except as otherwise set forth in Section “5D7D” of the WWR Aclor Disclosure Statement which is annexed hereto as Exhibit “GL”, WWR Aclor is and has been in material compliance in all material respects with any and all legal requirements applicable to WWRAclor, including, but not limited to, all applicable federal and state “blue sky” securities laws. Except as otherwise set forth in Section “5D7D” of Exhibit “GL”, WWR Aclor (i) has not received or entered into any citations, complaints, consent orders, compliance schedules, or other similar enforcement orders or received any written notice from any governmental authority or any other written notice which would indicate that WWR Aclor is not currently in compliance with all applicable legal requirements, and (ii) is not in default under any legal requirement applicable to WWRAclor, and WWR Aclor has no knowledge that any condition exists (whether or not covered by insurance) that with or without notice or lapse of time or both would constitute a default under, or breach or violation of, any legal requirement applicable to WWRAclor. Without limiting the generality of the foregoing, WWR Aclor has not received notice of, and, WWR Aclor has no knowledge of any basis for, any claim, action, suit, investigation or proceeding which might result in a finding that WWR Aclor is not or has not been in compliance with legal requirements relating to (i) the development, testing, manufacture, packaging, distribution, and marketing of its products, (ii) employment, safety and health, and/or (iii) environmental protection, building, zoning and land use.

Appears in 1 contract

Samples: Acquisition Agreement (Metiscan, Inc.)

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Compliance with the Law and Other Instruments. Except as otherwise set forth in Section “5D8D” of the WWR EDUtoons Disclosure Statement which is annexed hereto as Exhibit “GJ”, WWR EDUtoons is and has been in material compliance in all material respects with any and all legal requirements applicable to WWREDUtoons, including, but not limited to, all applicable federal and state “blue sky” securities laws. Except as otherwise set forth in Section “5D8D” of Exhibit “GJ”, WWR EDUtoons (i) has not received or entered into any citations, complaints, consent orders, compliance schedules, or other similar enforcement orders or received any written notice from any governmental authority or any other written notice which would indicate that WWR EDUtoons is not currently in compliance with all applicable legal requirements, and (ii) is not in default under any legal requirement applicable to WWREDUtoons, and WWR has no knowledge that any condition exists (whether or not covered by insurance) that with or without notice or lapse of time or both would constitute a default under, or breach or violation of, any legal requirement applicable to WWREDUtoons. Without limiting the generality of the foregoing, WWR EDUtoons has not received notice of, and, WWR has no knowledge of any basis for, any claim, action, suit, investigation or proceeding which might result in a finding that WWR EDUtoons is not or has not been in compliance with legal requirements relating to (i) the development, testing, manufacture, packaging, distribution, and marketing of its products, (ii) employment, safety and health, and/or (iii) environmental protection, building, zoning and land use.

Appears in 1 contract

Samples: Acquisition Agreement (EDUtoons, Inc.)

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