Common use of Material Contracts; No Defaults Clause in Contracts

Material Contracts; No Defaults. (a) Schedule 4.19(a) contains a true and complete list and description of the outstanding sales order and sales contract backlog of the Company having an indicated gross value in excess of Five Thousand Dollars ($5,000.00) or having a term of duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 4.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 6 contracts

Samples: Securities Purchase Agreement (U S Plastic Lumber Corp), Securities Purchase Agreement (U S Plastic Lumber Corp), Securities Purchase Agreement (U S Plastic Lumber Corp)

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Material Contracts; No Defaults. (a) Schedule 4.19(a3.19(a) contains a true and complete list and description of the each individual outstanding sales order and sales contract backlog of the Company having an indicated gross value in excess of Five Thousand Dollars ($5,000.00) 10,000 or having a term of or duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Courseordinary course. Except as described in Schedule 4.19(a3.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pre Cell Solutions Inc/)

Material Contracts; No Defaults. (a) Schedule 4.19(a7.19(a) contains a true and complete list and description of the outstanding sales order and sales contract backlog of the Company having an indicated gross value in excess of Five Thousand Dollars ($5,000.00) or having a term of duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 4.19(a7.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (U S Plastic Lumber Corp)

Material Contracts; No Defaults. (a) Schedule 4.19(a3.19(a) contains a true and complete list and description of the each individual outstanding sales order and sales contract backlog of the Company having an indicated gross value in excess of Five Thousand Dollars ($5,000.00) 5,000 or having a term of or duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 4.19(a3.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and to the best knowledge of the Shareholders, the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Interiors Inc)

Material Contracts; No Defaults. (a) Schedule 4.19(a2.18(a) contains a true and complete list and description of the outstanding each individual sales order and sales contract backlog of the Company having an indicated gross value in excess of Five Thousand Dollars ($5,000.00) US$10,000 or having a term of or duration in excess of six monthsthree months as of the date hereof. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 4.19(a2.18(a), as of the date hereof, the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Omnicity Corp.)

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Material Contracts; No Defaults. (a) Schedule 4.19(a3.19(a) contains a true and complete list and description of the each individual outstanding sales order and sales contract backlog of the Company having an indicated gross value in excess of Five Thousand Dollars ($5,000.00) 5,000 or having a term of or duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 4.19(a3.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Agreement and Plan (Interiors Inc)

Material Contracts; No Defaults. (a) Schedule SCHEDULE 4.19(a) contains a true and complete list and description of the outstanding sales order and sales contract backlog of the Company having an indicated gross value in excess of Five Thousand Dollars ($5,000.00) or having a term of duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 4.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Securities Purchase Agreement (U S Plastic Lumber Corp)

Material Contracts; No Defaults. (a) Schedule 4.19(aSCHEDULE 7.19(a) contains a true and complete list and description of the outstanding sales order and sales contract backlog of the Company having an indicated gross value in excess of Five Thousand Dollars ($5,000.00) or having a term of duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 4.19(aSCHEDULE 7.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (U S Plastic Lumber Corp)

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