No Default Under Contracts no Borrower is in default of any of its obligations under the relevant Contract;
No Default Under Contracts. The Vendor has performed all of the obligations required to be performed by it and is entitled to all benefits under, and is not in default or alleged to be in default in respect of, any Contract relating to the Cylix Business or the Purchased Assets (including the Contracts referred to in any Schedule to this Agreement. All such Contracts are in good standing and in full force and effect, and no event, condition or occurrence exists that, after notice or lapse of time or both, would constitute a default under any such Contract. There is no dispute between the Vendor and any other party under any such Contract. Except as disclosed in the Schedules to this Agreement, none of those Contracts contain terms under which the execution or performance of this Agreement would give any other contracting party the right to terminate or adversely change the terms of that Contract or otherwise require the consent of any other Person. None of those Contracts have been assigned, or if applicable subleased, in whole or in part.
No Default Under Contracts. The Subsidiaries have performed all of the obligations required to be performed by each of them and are entitled to all benefits under, and are not in default or alleged to be in default in respect of, any Contract relating to the Business, the Assets or the Employee Plans (including the Contracts referred to in any Schedule to this Agreement), to which any of the Subsidiaries are a party or by which any of the Subsidiaries are bound or affected. All such Contracts are in good standing and in full force and effect, and no event, condition or occurrence exists that, after notice or lapse of time or both, would constitute a default under any such Contract. There is no dispute between the Subsidiaries and any other party under any such Contract. Except as disclosed in the Schedules to this Agreement, none of those Contracts contain terms under which the execution or performance of this Agreement would give any other contracting party the right to terminate or adversely change the terms of that Contract or would otherwise require the consent of any other Person. None of those Contracts have been assigned, or if applicable subleased, in whole or in part.
No Default Under Contracts. Each of the Corporation, Roche, each -------------------------- Subsidiary and, to the knowledge of Vendors, each Associated Company, (a) is in good standing and entitled to all benefits under, (b) has performed all obligations required to be performed under, and (c) is not in default under, or in breach of, any Contract. To the actual knowledge of Vendors, no other party to such Contracts is in default or breach thereof and there exists no fact, condition or circumstance which, after notice or lapse of time or both, would result in the default or breach thereof by any such other party.
No Default Under Contracts. The Vendor has performed all material obligations required to be performed by it and is entitled to all material benefits under, and is not in material default or alleged to be in default in respect of, any Contract relating to the Purchased Assets, to which it is a party or by which it is bound or affected. All such Contracts are in good standing in all material respects and in full force and effect, and no event, condition or occurrence exists that, after notice or lapse of time or both, would constitute a material default under any such Contract. There is no dispute between the Vendor and any other party under any such Contract. None of those Contracts contain terms under which the execution or performance of this Agreement would give any other contracting party the right to terminate or adversely change the terms of that Contract. None of those Contracts have been assigned, or if applicable subleased, in whole or in part.
No Default Under Contracts. Except as set forth on -------------------------- Schedule 6(h), Seller has fulfilled or has taken all action reasonably necessary ------------- to enable it to fulfill on a current basis as of the Closing Date all obligations under the Assumed Contracts and under vendor or customer purchase orders. Except as set forth on Schedule 6(h), to Seller's knowledge, there has ------------- not occurred any default or event which, with the passage of time or the giving of notice, will become a default under any Assumed Contract, and all amounts due and owing by Seller and by any other party under any such Assumed Contract has been paid in full or, for obligations which are due at or after the Closing, no prepayments have been accepted other than deposits in the ordinary course of business.
No Default Under Contracts. HondaSub has performed, in all material respects, all of the obligations required to be performed by it and is entitled to all benefits under, and is not in default or alleged to be in default in respect of, any Contract relating to its Assets (including the Contracts referred to in any Schedule to this Agreement), to which it is a party or by which it is bound or affected, except such non-performance or default as could not reasonably be expected to cause a Material Adverse Effect. To the knowledge of Honda, all such Contracts are in good standing and in full force and effect, and no event, condition or occurrence exists that, after notice or lapse of time or both, would constitute a default under any such Contract, except such as would not reasonably be expected to cause a Material Adverse Effect.
No Default Under Contracts. To the knowledge of the Corporation, the Corporation has performed, in all material respects, all of the obligations required to be performed by it and is entitled to all benefits under, and is not in material default or alleged to be in material default in respect of, any Contract relating to the Business or the Corporation’s Assets (including the Contracts referred to in any Schedule to this Agreement), to which it is a party or by which it is bound or affected. To the knowledge of the Corporation, all such Contracts are in good standing and in full force and effect, and no event, condition or occurrence exists that, after notice or lapse of time or both, would constitute a material default under any such Contract.
No Default Under Contracts. To the knowledge of the Vendor: (i) the Corporation has performed all of the obligations required to be performed by it and is entitled to all benefits under, and is not in default or alleged to be in default in respect of, any Contract relating to the Business or the Assets, to which it is a party or by which it is bound or affected, and (ii) there is no dispute between the Corporation and any other party under any such Contract.
No Default Under Contracts. The Corporation or its predecessors has performed all of the obligations required to be performed by it and is entitled to all benefits under, and is not in default or alleged to be in default in respect of, any Contract relating to the Business or the Assets (including the Contracts referred to in any Schedule to this Agreement), to which it is a party or by which it is bound or affected. All such Contracts are in good standing and in full force and effect, and no event, condition or occurrence exists that, after notice or lapse of time or both, would constitute a default under any such Contract. There is no dispute between Bi-Eau Pure, the Corporation or its predecessors on the one hand and any other party on the other hand under any such Contract. Except as disclosed in the Schedules to this Agreement, none of such Contracts contain terms under which the execution or performance of this Agreement would give any other contracting party the right to terminate or adversely change the terms of that Contract or otherwise require the consent of any other Person. None of those Contracts have been assigned, or if applicable subleased, in whole or in part.
