Common use of No Breach of Material Contracts Clause in Contracts

No Breach of Material Contracts. The Corporation has performed all obligations required to be performed by it and is entitled to all benefits under, and, to the Corporation's knowledge, is not alleged to be in default of, any Material Contract to which it is a party. Each of the Material Contracts is in full force and effect and there exists no actual or, to the Corporation's knowledge, alleged default or event of default or event, occurrence, condition or act (including the purchase of the Purchased Shares) which, with the giving of notice, the lapse of time, or both, or the happening of any other event or condition, would become a default or event of default under any Material Contract. True, correct and complete copies of all Material Contracts (as amended) have been delivered to Purchaser.

Appears in 1 contract

Samples: Share Purchase Agreement (Ramtron International Corp)

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No Breach of Material Contracts. The Each Corporation has performed all of the obligations required to be performed by it and is entitled to all benefits under, and, under the Material Contracts to the Corporation's knowledge, which it is not a party or is bound by. Neither Corporation is alleged to be in default of, of any Material Contract to which it is a partyparty or is bound by. Each of the Material Contracts is in full force and effect effect, unamended, and there exists no actual or, to the Corporation's knowledge, alleged default or event of default or event, occurrence, condition or act (including the purchase of the Purchased Shares) which, with the giving of notice, the lapse of time, or both, time or the happening of any other event or condition, would become a default or event of default under any Material Contract. True, correct and complete copies of all Material Contracts (as amended) have been delivered to the Purchaser.

Appears in 1 contract

Samples: Share Purchase Agreement

No Breach of Material Contracts. The Each Purchased Corporation has performed performed, and has all the requisite assets to perform, all of the obligations required to be performed by it and is entitled to all benefits under, and, under the Material Contracts to the Corporation's knowledge, which it is not a party. No Purchased Corporation is alleged to be in default of, of any Material Contract to which it is a party. Each of the Material Contracts is in full force and effect effect, unamended, and there exists no actual or, to the Corporation's knowledge, alleged default or event of default or event, occurrence, condition or act (including the purchase of the Purchased Sharestransactions contemplated herein) which, with the giving of notice, the lapse of time, or both, time or the happening of any other event or condition, would become a default or event of default of either Purchased Corporation or its counterparty under any Material Contract. True, correct and complete copies of all Material Contracts (as amended) have been delivered to the Purchaser.

Appears in 1 contract

Samples: Share Purchase Agreement

No Breach of Material Contracts. The Each Purchased Corporation has performed all of the obligations required to be performed by it and is entitled to all benefits under, and, under the Material Contracts to the Corporation's knowledge, which it is not a party. No Purchased Corporation is alleged to be in default of, of any Material Contract to which it is a party. Each of the Material Contracts is in full force and effect effect, unamended, and there exists no actual or, to the Corporation's knowledge, alleged default or event of default or event, occurrence, condition or act (including the purchase of the Purchased Sharestransactions contemplated herein) which, with the giving of notice, the lapse of time, or both, time or the happening of any other event or condition, would become a default or event of default of any Purchased Corporation or its counterparty under any Material Contract. True, correct and complete copies of all Material Contracts (as amended) have been delivered to the Purchaser. All Contracts with non-arm’s length Persons, if any, do not contain any non-market terms.

Appears in 1 contract

Samples: Share Purchase Agreement (Gran Tierra Energy Inc.)

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No Breach of Material Contracts. The Corporation has performed all of the obligations required to be performed by it and is entitled to all benefits under, and, to the Corporation's knowledgeknowledge of the Seller, is not alleged to be in default or breach of, any Material Contract to which it is a partyContract. Each of the Material Contracts is in full force and effect effect, unamended, no party is in breach of any of its covenants thereunder and there exists no actual or, to the Corporation's knowledge, alleged default or event of default or event, occurrence, condition or act (including the purchase of the Purchased Shares) which, with the giving of notice, the lapse of time, or both, time or the happening of any other event or conditioncircumstance, would become a breach of, or a default or event of default under under, any Material Contract. True, correct and complete copies of all Material Contracts (as amended) have been delivered to Purchaser.

Appears in 1 contract

Samples: Share Purchase Agreement (Enthusiast Gaming Holdings Inc. / Canada)

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