Common use of Contractual Matters Clause in Contracts

Contractual Matters. 7.1 There is not outstanding any agreement or arrangement to which any member of the Group is a party which, by virtue of the Subscription or this Agreement, will result in any other party being relieved of any obligation or becoming entitled to exercise any right which may have a material adverse effect on the Group as a whole. 7.2 None of the members of the Group is in any default under any agreement or arrangement to which it is a party which may have a material adverse effect on the Group as a whole. 7.3 There is no agreement or arrangement which is material to the business of the Group between any member of the Group and any other person which shall or may be terminated as a result of this Agreement (or Completion).

Appears in 2 contracts

Sources: Subscription Agreement, Subscription Agreement

Contractual Matters. 7.1 10.1 There is not outstanding any agreement or arrangement to which any member of the Group is a party which, by virtue of the Subscription or this Agreement, will result in any other party being relieved of any obligation or becoming entitled to exercise any right which may have a material adverse effect on the Group as a whole. 7.2 10.2 None of the members of the Group is in any default under any agreement or arrangement to which it is a party which may have a material adverse effect on the Group as a whole. 7.3 10.3 There is no agreement or arrangement which is material to the business of the Group between any member of the Group and any other person which shall or may be terminated as a result of this Agreement (or Completion).

Appears in 2 contracts

Sources: Subscription Agreement, Subscription Agreement