Common use of No Default or Breach Clause in Contracts

No Default or Breach. The Company is not in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaults, would be materially adverse to the assets, business, properties, operations or financial or other condition of the Company or which could materially adversely affect the ability of the Company to perform its obligations under this Agreement or any of the other Transaction Documents.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Culmen Technology Partners Lp), Securities Purchase Agreement (Arinco Computer Systems Inc)

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No Default or Breach. The Company is not in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaults, would could reasonably be materially adverse expected to the assets, business, properties, operations or financial or other condition of the Company or which could materially adversely affect the ability of the Company to perform its obligations under this Agreement or any of the other Transaction Documentshave a Material Adverse Effect.

Appears in 2 contracts

Samples: Value Participation Agreement (Amerigon Inc), Value Participation Agreement (Enova Systems Inc)

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No Default or Breach. The Company is not in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaultsdefault, would be materially could have a material adverse to effect on the assets, business, properties, operations or financial or other condition of the Company Company, or which could materially adversely affect the ability of the Company to perform its obligations under this Agreement or any of the other Transaction Documents.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Texoil Inc /Nv/)

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