Common use of Legal Proceedings and Compliance with Law Clause in Contracts

Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.11, the Corporation has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to the Corporation which might result in the aggregate in money damages payable by the Corporation in excess of insurance coverage or which might result in a permanent injunction against the Corporation. Except as set forth in such exhibit, the Corporation has substantially complied with, and is not in default in any respect under any laws, ordinances, requirements, regulations, or orders applicable to the business of the Corporation, the violation of which might materially and adversely affect it. Except as set forth in such exhibit, the Corporation is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the businesses, operations, prospects, property, assets or condition, financial or otherwise, of the Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Guardian Technologies International Inc), Agreement and Plan of Merger (Guardian Technologies International Inc)

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Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.1111.12, the Corporation Vitro has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to the Corporation Vitro which might result in the aggregate in money damages payable by the Corporation Vitro in excess of insurance coverage or which might result in a permanent injunction against the CorporationVitro. Except as set forth in such exhibitExhibit 11.12, the Corporation Vitro has substantially complied with, and is not in default in any respect under any laws, ordinances, requirements, regulations, or orders applicable to the business of the CorporationVitro, the violation of which might materially and adversely affect it. Except as set forth in such exhibitExhibit 11.12, the Corporation Vitro is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the businessesbusiness, operations, prospects, property, assets or condition, financial or otherwise, of the CorporationVitro.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Vitro Biopharma, Inc.), Agreement and Plan of Exchange (Vitro Biopharma, Inc.)

Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.118.11, the Corporation xXX has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to the Corporation xXX which might result in the aggregate in money damages payable by the Corporation xXX in excess of insurance coverage or which might result in a permanent injunction against the CorporationxXX. Except as set forth in such exhibitExhibit 8.11, the Corporation xXX has substantially complied with, and is not in default in any respect under any laws, ordinances, requirements, regulations, or orders applicable to the business of the CorporationxXX, the violation of which might materially and adversely affect it. Except as set forth in such exhibitExhibit 8.11, the Corporation xXX is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the businessesbusiness, operations, prospects, property, assets or condition, financial or otherwise, of the CorporationxXX.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Irv Inc)

Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.118.11, the Corporation Basic has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to the Corporation Basic which might result in the aggregate in money damages payable by the Corporation Basic in excess of insurance coverage or which might result in a permanent injunction against the CorporationBasic. Except as set forth in such exhibitExhibit 8.11, the Corporation Basic has substantially complied with, and is not in default in any respect under any laws, ordinances, requirements, regulations, or orders applicable to the business of the CorporationBasic, the violation of which might materially and adversely affect it. Except as set forth in such exhibitExhibit 8.11, the Corporation Basic is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the businessesbusiness, operations, prospects, property, assets or condition, financial or otherwise, of the CorporationBasic.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Basic Technologies Inc)

Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.11, the Corporation Fitore has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to the Corporation Fitore which might result in the aggregate in money damages payable by the Corporation Fitore in excess of insurance coverage or which might result in a permanent injunction against the CorporationFitore. Except as set forth in such exhibitExhibit 9.16, the Corporation Fitore has substantially complied with, and is not in default in any respect under any applicable laws, ordinances, requirements, regulations, or orders applicable to the business of the CorporationFitore, the violation of which might materially and adversely affect it. Except as set forth in such exhibitExhibit 9.16, the Corporation Fitore is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the businessesbusiness, operations, prospects, property, assets or condition, financial or otherwise, of the CorporationFitore.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Vitro Biopharma, Inc.)

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Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.116.19, the Corporation has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to the Corporation which might result in the aggregate in money damages payable by the Corporation in excess of insurance coverage or which might result in a permanent injunction against the Corporation. Except as set forth in such exhibitExhibit, the Corporation has substantially complied with, and is not in default in any respect under any laws, ordinances, requirements, regulations, or orders applicable to the business of the Corporation, the violation of which might materially and adversely affect it. Except as set forth in such exhibitExhibit, the Corporation is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the businesses, operations, prospects, property, assets or condition, financial or otherwise, of the Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Skylynx Communications Inc)

Legal Proceedings and Compliance with Law. Except as set forth in Exhibit 11.11, the Corporation Infinivive has not received notice of any legal, administrative, arbitration or other proceeding or governmental investigation pending or threatened (including those relating to the health, safety, employment of labor, or protection of the environment) pertaining to the Corporation Infinivive which might result in the aggregate in money damages payable by the Corporation Infinivive in excess of insurance coverage or which might result in a permanent injunction against the CorporationInfinivive. Except as set forth in such exhibitExhibit 9.16, the Corporation Infinivive has substantially complied with, and is not in default in any respect under any applicable laws, ordinances, requirements, regulations, or orders applicable to the business of the CorporationInfinivive, the violation of which might materially and adversely affect it. Except as set forth in such exhibitExhibit 9.16, the Corporation Infinivive is not a party to any agreement or instrument, nor is it subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule, regulation, code or ordinance which materially and adversely affects, or might reasonably be expected materially and adversely to affect the businessesbusiness, operations, prospects, property, assets or condition, financial or otherwise, of the CorporationInfinivive.

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Vitro Biopharma, Inc.)

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