Common use of No Breach of Material Contracts Clause in Contracts

No Breach of Material Contracts. The Target has performed in all material respects the obligations required to be performed by it and is entitled in all material respects to the benefits under, and is not alleged to be in default in respect of any Material Contract. Each of the Material Contracts is in full force and effect, unamended, and there exists no default or event of default or event, occurrence, condition or act, with respect to Target or to Target's knowledge with respect to the other contracting party, or otherwise that, with or without the giving of notice, the lapse of time or the happening of any other event or conditions, could reasonably be expected to (A) become a default or event of default under any Material Contract, which default or event of default could reasonably be expected to have a Material Adverse Effect on Target or (B) result in the loss or expiration of any material right or option by Target (or the gain thereof by any third party) under any Material Contract or (C) the release, disclosure or delivery to any third party of any part of the Source Materials (as defined in Section 2.22(m)). True, correct and complete copies of all Material Contracts have been delivered to the Acquiror.

No Breach of Material Contracts. The Target has materially performed in all material respects of the obligations required to be performed by it and is entitled in to all material respects to the benefits under, and is not alleged to be in default in respect of any Material Contract. Each of the Material Contracts is in full force and effect, unamended, and there exists no default or event of default or event, occurrence, condition or act, with respect to Target or to Target's knowledge with respect to the other contracting party, or otherwise that, with or without the giving of notice, the lapse of the time or the happening of any other event or conditions, could reasonably be expected to (A) become a default or event of default under any Material Contract, which default or event of default could reasonably be expected to have a Material Adverse Effect on Target or (B) result in the loss or expiration of any material right or option by Target (or the gain thereof by any third party) under any Material Contract or (C) result in the release, disclosure or delivery to any third party of any part of the Source Materials (as defined in Section 2.22(m2.26(m)). True, correct and complete copies of all Material Contracts have been delivered to the Acquiror.

No Breach of Material Contracts. The Target has performed in all material respects of the obligations required to be performed by it and is entitled in to all material respects to the benefits under, and is not alleged to be in default in respect of any Material Contractmaterial contract. Each of the Material Contracts material contracts is in full force and effect, unamended, and there exists no default or event of default or event, occurrence, condition or act, with respect to Target or to Target's knowledge with respect to the other contracting party, or otherwise that, with or without the giving of notice, the lapse of the time or the happening of any other event or conditions, could reasonably be expected to (A) become a default or event of default under any Material Contractmaterial contract, which default or event of default could reasonably be expected to have a Material Adverse Effect on Target or (B) result in the loss or expiration of any material right or option by Target (or the gain thereof by any third party) under any Material Contract material contract or (C) the release, disclosure or delivery to any third party of any part of the Source Materials (as defined in Section 2.22(m))source code. True, correct and complete copies of all Material Contracts material contracts have been delivered to the Acquiror.

No Breach of Material Contracts. The Target has performed in all material respects of the ------------------------------- obligations required to be performed by it and is entitled in to all material respects to the benefits under, and is not alleged to be in default in respect of of, any Material Contract. Each of the Material Contracts is in full force and effect, unamended, and there exists no default or event of default or event, occurrence, condition or act, with respect to Target or to Target's knowledge , with respect to the other contracting party, party or otherwise that, with or without the giving of notice, the lapse of the time or the happening of any other event or conditions, could reasonably be expected to (Aa) become a default or event of default under any Material Contract, which default or event of default could reasonably be expected to have a Material Adverse Effect on Target or Target, (Bb) result in the loss or expiration of any material right or option by Target (or the gain thereof by any third party) under any Material Contract Contract, or (Cc) cause the release, disclosure or delivery to any third party of any part of the Source Materials (as defined in Section 2.22(m)). True, correct and complete copies of all Material Contracts have been delivered to the AcquirorMaterials.

No Breach of Material Contracts. The Target has performed in all material respects of the obligations required to be performed by it and is entitled in to all material respects to the accrued benefits under, and to Target's knowledge is not alleged to be in default in with respect of to, any Material Contract. Each of the Material Contracts is in full force and effect, unamended, and there exists no default or event of default or event, occurrence, condition or act, with respect to Target or to Target's knowledge with respect to the other contracting party, or otherwise that, with or without the giving of notice, the lapse of the time or the happening of any other event or conditions, could reasonably be expected to would (A) become a default or event of default under any Material Contract, which default or event of default could reasonably be expected to would have a Material Adverse Effect on Target or (B) result in the loss or expiration of any material right or option by Target (or the gain thereof by any third party) under any Material Contract or (C) the release, disclosure or delivery to any third party of any part of the Source Materials (as defined in Section 2.22(m2.25(m)). True, correct and complete copies of all Material Contracts have been delivered to the Acquiror.

No Breach of Material Contracts. The Target has performed in all material respects of the obligations required to be performed by it and is entitled in to all material respects to the benefits under, and is not alleged to be in default in respect of any Material Contract. Each of the Material Contracts is in full force and effect, unamended, and there exists no default or event of default or event, occurrence, condition or act, with respect to Target or to Target's knowledge with respect to the other contracting party, or otherwise that, with or without the giving of notice, the lapse of the time or the happening of any other event or conditions, could reasonably be expected to (A) become a default or event of default under any Material Contract, which default or event of default could reasonably be expected to have a Material Adverse Effect on Target Contract or (B) result in the loss or expiration of any material right or option by Target (or the gain thereof by any third party) under any Material Contract or (C) the release, disclosure or delivery to any third party of any part of the Source Materials (as defined in Section 2.22(m2.25(m)). True, correct and complete copies of all Material Contracts have been delivered to the Acquiror.

No Breach of Material Contracts. The Target has performed in all material respects of ------------------------------- the obligations required to be performed by it and is entitled in to all material respects to the benefits under, and is not alleged to be in default in respect of any Material Contract. Each of the Material Contracts is in full force and effect, unamended, and there exists no default or event of default or event, occurrence, condition or act, with respect to Target or to Target's knowledge with respect to the other contracting party, or otherwise that, with or without the giving of notice, the lapse of time or the happening of any other event or conditions, could reasonably be expected to (A) become a default or event of default under any Material Contract, which default or event of default could reasonably be expected to have a Material Adverse Effect on Target Contract or (B) result in the loss or expiration of any material right or option by Target (or the gain thereof by any third party) under any Material Contract or (C) the release, disclosure or delivery to any third party of any part of the Source Materials (as defined in Section 2.22(m2.25(m)). True, correct and complete copies of all Material Contracts have been delivered to the Acquiror.