Contracts Valid; No Default Sample Clauses

Contracts Valid; No Default. All CCI Contracts required to be listed in any of the Schedules referred to in this Agreement are valid and binding, enforceable in accordance with their respective terms, and are in full force and effect. Except as set forth in such Schedules, there is not, under any such CCI Contract, (a) any existing default by CCI, or any event which, after notice or lapse of time, or both, would constitute a default by CCI or result in a right to accelerate by any other person or a loss of any rights of CCI and (b) to the best of CCI's and the Stockholder's knowledge, any default by any other person, or any event which, after notice or lapse of time, or both, would constitute a default by any such person or result in a right to accelerate by CCI or a loss of any rights of any such person. To the best of CCI's and Stockholder's knowledge, no existing or completed Contract relating to the business of CCI is reasonably likely to be canceled. Except as disclosed in such Schedules, CCI is not a party to or bound by any Contract which, upon performance, is reasonably expected to result in any loss or liability to CCI. True and complete copies of all Contracts and other documents listed on such Schedules (together with any and all amendments thereto) have been delivered to GTS.
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Contracts Valid; No Default. All Networks Contracts required to be listed in any of the Schedules referred to in this Agreement are valid and binding, enforceable in accordance with their respective terms, subject to the effect of any bankruptcy or other similar law affecting creditors' rights generally, and are in full force and effect. Except as set forth in such Schedules, there is not under any such Contract, (a) any existing default by Networks, or any event which, after notice or lapse of time, or both, would constitute a default by Networks or result in a right to accelerate by any other person or a loss of any rights of Networks and (b) to the best of Networks' and Xxxxxxx' knowledge, any default by any other person, or any event which, after notice or lapse of time, or both, would constitute a default by any such person or result in a right to accelerate by Networks or a loss of any rights of any such person. No existing written Networks Contract relating to the business of Networks is by its terms cancelable by any other party thereto or is likely to be canceled or is subject to renegotiation; provided, however, Networks makes no representation concerning any oral Networks Contracts in the immediately preceding statement. Except as disclosed in such Schedules, Networks is not a party to or bound by any Contract which, upon performance, is reasonably expected to result in any loss or liability to Networks. True and complete copies of all written Contracts and other written documents listed on such Schedules (together with any and all amendments thereto) have been delivered to GTS.
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Contracts Valid; No Default. All Contracts required to be listed in any of the Schedules referred to in this Agreement are valid and binding, enforceable in accordance with their respective terms, subject to the effect of any bankruptcy or other similar law affecting creditors' rights generally, and are in full force and effect. Except as set forth in such Schedules, there is not under any such Contract, (a) any existing default by Pre-Paid, or any event which, after notice or lapse of time, or both, would constitute a default by Pre-Paid or result in a right to accelerate by any other person or a loss of any rights of Pre-Paid and (b) to the best of Pre-Paid's knowledge, any default by any other person, or any event which, after notice or lapse of time, or both, would constitute a default by any such person or result in a right to accelerate by Pre-Paid or a loss of any rights of any such person. No existing Contract relating to the business of Pre-Paid is cancelable by any other party thereto or is likely to be canceled or is subject to re-negotiation. Except as disclosed in such Schedules, Pre-Paid is not a party to or bound by any Contract which, upon performance, is reasonably expected to result in any loss or liability to Pre-Paid. True and complete copies of all Contracts and other documents listed on such Schedules (together with any and all amendments thereto) have been delivered to Pre-Cell.
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Contracts Valid; No Default. All Contracts required to be listed in any of the Schedules referred to in this Agreement are valid and binding, enforceable in accordance with their respective terms, subject to the effect of any bankruptcy or other similar law affecting creditors' rights generally, and are in full force and effect. Except as set forth in such Schedules, there is not under any such Contract, (a) any existing default by USI, or any event which, after notice or lapse of time, or both, would constitute a default by USI or result in a right to accelerate by any other person or a loss of any rights of USI and (b) to the best of USI's knowledge, any default by any other person, or any event which, after notice or lapse of time, or both, would constitute a default by any such person or result in a right to accelerate by USI or a loss of any rights of any such person. No existing Contract relating to the business of USI is cancelable by any other party thereto or is likely to be canceled. Except as disclosed in such Schedules, USI is not a party to or bound by any Contract which, upon performance, is reasonably expected to result in any loss or liability to USI. True and complete copies of all Contracts and other documents listed on such Schedules (together with any and all amendments thereto) have been delivered to Pre-Cell.
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Related to Contracts Valid; No Default

  • Contracts; No Defaults (a) Part 3.17(a) of the Disclosure Letter contains a complete and accurate list, and Sellers have delivered to Buyer true and complete copies, of:

  • Material Contracts; No Defaults (a) The SPAC has filed as an exhibit to the SPAC SEC Reports all Contracts, including every “material contract” (as such term is defined in Item 601(b)(10) of Regulation S-K of the SEC) (other than confidentiality and non-disclosure agreements and this Agreement) to which, as of the date of this Agreement, SPAC is a party or by which any of its respective assets are bound.

  • Material Contracts; Leases; Defaults (a) Except as set forth on Fox Chase Disclosure Schedule 4.8(a), neither Fox Chase nor any Fox Chase Subsidiary is a party to or subject to: (i) any employment, consulting or severance contract or material arrangement with any past or present officer, director or employee of Fox Chase or any Fox Chase Subsidiary, except for “at will” arrangements; (ii) any plan, arrangement or contract providing for bonuses, pensions, options, deferred compensation, retirement payments, profit sharing or similar material arrangements for or with any past or present officers, directors or employees of Fox Chase or any Fox Chase Subsidiary; (iii) any collective bargaining agreement with any labor Univest relating to employees of Fox Chase or any Fox Chase Subsidiary; (iv) any agreement which by its terms limits the payment of dividends by Fox Chase or any Fox Chase Subsidiary; (v) any instrument evidencing or related to indebtedness for borrowed money in excess of $100,000 whether directly or indirectly, by way of purchase money obligation, conditional sale, lease purchase, guaranty or otherwise, in respect of which Fox Chase or any Fox Chase Subsidiary is an obligor to any person, which instrument evidences or relates to indebtedness other than deposits, repurchase agreements, FHLB advances, bankers’ acceptances, and “treasury tax and loan” accounts and transactions in “federal funds” in each case established in the ordinary course of business consistent with past practice, or which contains financial covenants or other restrictions (other than those relating to the payment of principal and interest when due) that would be applicable on or after the Closing Date to any Person; (vi) any other agreement, written or oral, that obligates Fox Chase or any Fox Chase Subsidiary for the payment of more than $25,000 annually or for the payment of more than $50,000 over its remaining term, which is not terminable without cause on 60 days’ or less notice without penalty or payment (other than agreements for commercially available “off-the-shelf” software), or (vii) any agreement (other than this Agreement), contract, arrangement, commitment or understanding (whether written or oral) that restricts or limits in any material way the conduct of business by Fox Chase or any Fox Chase Subsidiary (it being understood that any non-compete or similar provision shall be deemed material, but any limitation on the scope of any license granted under any such agreement shall not be deemed material).

  • Material Contracts; Defaults Except for those agreements and other documents filed as exhibits to its SEC Documents, neither it nor any of its Subsidiaries is a party to, bound by or subject to any agreement, contract, arrangement, commitment or understanding (whether written or oral) (i) that is a "material contract" within the meaning of Item 601(b)(10) of the SEC's Regulation S-K or (ii) that materially restricts the conduct of business by it or any of its Subsidiaries. Neither it nor any of its Subsidiaries is in default under any contract, agreement, commitment, arrangement, lease, insurance policy or other instrument to which it is a party, by which its respective assets, business, or operations may be bound or affected, or under which it or its respective assets, business, or operations receives benefits, and there has not occurred any event that, with the lapse of time or the giving of notice or both, would constitute such a default.

  • No Conflict; No Default Neither the execution, delivery and performance of this agreement nor the consummation by the party of the transactions contemplated in this agreement will conflict with, violate or result in a breach of (a) any law, regulation, order, writ, injunction, decree, determination or award of any governmental authority or any arbitrator, applicable to such party, (b) any term, condition or provision of the articles of incorporation, certificate of limited partnership, certificate of organization, bylaws, partnership agreement or limited liability company agreement (or other governing documents) of such party or of any material agreement or instrument to which such party is or may be bound or to which any of its material properties or assets is subject.

  • Contracts and Commitments; No Default (a) Except as set forth in the Company Disclosure Schedule, the Company is not a party to, nor are any of the Assets bound by, any written or oral:

  • Contracts, etc To enter into, make and perform all such obligations, contracts, agreements and undertakings of every kind and description, with any Person or Persons, as the Trustees shall in their discretion deem expedient in the conduct of the business of the Trust, for such terms as they shall see fit, whether or not extending beyond the term of office of the Trustees, or beyond the possible expiration of the Trust; to amend, extend, release or cancel any such obligations, contracts, agreements or understandings; and to execute, acknowledge, deliver and record all written instruments which they may deem necessary or expedient in the exercise of their powers;

  • Material Contracts and Transactions Other than as expressly contemplated by this Agreement, there are no material contracts, agreements, licenses, permits, arrangements, commitments, instruments, understandings or contracts, whether written or oral, express or implied, contingent, fixed or otherwise, to which Pubco is a party except as disclosed in writing to Priveco or as disclosed in the Pubco SEC Documents.

  • Confirmation of no default The Borrower will, within 2 Business Days after service by the Agent of a written request, serve on the Agent a notice which is signed by 2 directors of the Borrower and which:

  • Documents, fees and no default Each Lender’s obligation to contribute to an Advance is subject to the following conditions precedent:

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