Common use of No Existing Violation, Default Clause in Contracts

No Existing Violation, Default. (a) Neither Lanxide nor any of its Subsidiaries is in violation of (i) its charter or other organizational documents or by-laws, (ii) any applicable law, ordinance or administrative or governmental rule or regulation, or (iii) any order, decree or judgment of any governmental entity having jurisdiction over Lanxide or any of its Subsidiaries, except for any violations that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. The properties, assets and operations of Lanxide and its Subsidiaries are in compliance in all material respects with all applicable federal, state, local and foreign laws, rules and regulations, orders, decrees, judgments, permits and licenses relating to public and worker health and safety and the protection of the environment (collectively, "Worker Safety Laws"). With respect to such properties, assets and operations, including any previously owned, leased or operated properties, assets or operations, to the knowledge of Lanxide management, there are no past or current events, conditions, circumstances, activities, practices, incidents, actions or plans of Lanxide or any of its Subsidiaries that may interfere with or prevent compliance or continued compliance in all material respects with applicable Worker Safety Laws, other than any such interference or prevention as would not, individually or in the aggregate with any such other interference or prevention, reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Lanxide Corp), Securities Purchase Agreement (Commodore Environmental Services Inc /De/)

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No Existing Violation, Default. (a) Neither Lanxide nor any of its Subsidiaries is in violation of (i) its charter or other organizational documents or by-laws, (ii) any applicable law, ordinance or administrative or governmental rule or regulation, regulation or (iii) any order, decree or judgment of any governmental entity having jurisdiction over Lanxide or any of its Subsidiaries, except for any violations that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse EffectEffect on Lanxide. The properties, assets and operations of Lanxide and its Subsidiaries are in compliance in all material respects with all applicable federal, state, local and foreign laws, rules and regulations, orders, decrees, judgments, permits and licenses relating to public and worker health and safety and the protection of the environment (collectively, "Worker Safety Laws"). With respect to such properties, assets and operations, including any previously owned, leased or operated properties, assets or operations, to the knowledge of Lanxide management, there are no past or current events, conditions, circumstances, activities, practices, incidents, actions or plans of Lanxide or any of its Subsidiaries that may interfere with or prevent compliance or continued compliance in all material respects with applicable Worker Safety Laws, other than any such interference or prevention as would not, individually or in the aggregate with any such other interference or prevention, reasonably be expected to have a Material Adverse EffectEffect on Lanxide.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lanxide Corp)

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No Existing Violation, Default. (a) Neither Lanxide nor any of its Subsidiaries is in violation of (i) its charter or other organizational documents or by-laws, (ii) any applicable law, ordinance or administrative or governmental rule or regulation, regulation or (iii) any order, decree or judgment of any governmental entity having jurisdiction over Lanxide or any of its Subsidiaries, except for any violations that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse EffectEffect on Lanxide. The properties, assets and operations of Lanxide and its Subsidiaries are in compliance in all material respects with all applicable federal, state, local and foreign laws, rules and regulations, orders, decrees, judgments, permits and licenses relating to public and worker health and safety and the protection of the environment (collectively, "Worker Safety Laws"). With respect to such properties, assets and operations, including any previously owned, leased or operated properties, assets or operations, to the knowledge of Lanxide management, there are no past or current events, conditions, circumstances, activities, practices, incidents, actions or plans of Lanxide or any of its Subsidiaries that may interfere with or prevent compliance or continued compliance in all material respects with applicable Worker Safety Laws, other than any such interference or prevention as would not, individually or in the aggregate with any such other interference or prevention, reasonably be expected to have a Material Adverse Effect.the

Appears in 1 contract

Samples: Agreement and Plan of Merger (Commodore Environmental Services Inc /De/)

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