Common use of No Default Under Agreements Clause in Contracts

No Default Under Agreements. The Company is not now, nor pending Completion will it become, in default under any agreement to which it is or may become a party or in respect of any other obligations binding upon it. No event has occurred which would enable any third party to terminate any contract or any benefit enjoyed by the Company.

Appears in 4 contracts

Samples: Agreement for Sale and Purchase (Brocker Technology Group LTD), Agreement for Sale (Brocker Technology Group LTD), Escrow Agreement (Brocker Technology Group LTD)

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No Default Under Agreements. The Company is not now, nor pending Completion will it become, in default under any agreement to which it is or may become a party or in respect of any other obligations binding upon it. No it an no event has occurred which would enable any third party to terminate any contract or any benefit enjoyed by the Company.

Appears in 2 contracts

Samples: Escrow Agreement (Brocker Technology Group LTD), Brocker Technology Group LTD

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