Common use of No Defaults, Etc Clause in Contracts

No Defaults, Etc. The Parent and Acquisition Sub have in all respects performed all the material obligations required to be performed by it to date and is not in material default or alleged to be in material default under: (a) its Certificate or by-laws; or (b) any material agreement, lease, mortgage, indenture, contract, commitment, instrument or obligation to which the Parent and Acquisition Sub is a party or by which any of its Assets or rights are or may be bound or affected.

Appears in 5 contracts

Sources: Merger Agreement (Boonton Electronics Corp), Merger Agreement (Boonton Electronics Corp), Merger Agreement (Wireless Telecom Group Inc)

No Defaults, Etc. The Parent and Acquisition Sub have in all respects performed all the material obligations required to be performed by it to date and is not in material default or alleged to be in material default under: (a) its Certificate or by-laws; or (b) any material agreement, lease, mortgage, indenture, contract, commitment, instrument or obligation to which the Parent and Acquisition Sub is a party or by which any of its Assets assets or rights are or may be bound or affected.

Appears in 1 contract

Sources: Merger Agreement (Integrated Health Technologies Inc)

No Defaults, Etc. The Parent and Acquisition Sub have in all respects performed all the material obligations required to be performed by it to date and is not in material default or alleged to be in material default under: (a) its Certificate or by-laws; or (b) any material agreement, lease, mortgage, indenture, contract, commitment, instrument or obligation to which the Parent and Acquisition Sub is a party or by which any of its Assets or rights are or may be bound or affected.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Chem International Inc)