No Material Contract Sample Clauses

No Material Contract. (a) requires the relevant member of the Astra Tech Group to give more than 90 days’ notice to effect its termination; or (b) was entered into other than on entirely arms length terms in the ordinary course of the Business.
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No Material Contract. 14.1.1 restricts the freedom of the relevant Group Company to carry on its business in any part of the world or to use or exploit any of its assets, in each case in such manner as it may think fit; 14.1.2 involves partnership, joint venture, consortium or other similar arrangements; 14.1.3 so far as the Warrantors are aware cannot be fulfilled or performed by the relevant Group Company in accordance with its terms; or 14.1.4 so far as the Warrantors are aware is a loss making contract (in that the revenue to the relevant Group Company under such contract is less than the costs it incurs thereunder).
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No Material Contract. (A) relates to matters not within the ordinary and usual course of business; (B) is unable to be readily fulfilled or performed by the Group in accordance with its terms without undue or unusual expenditure or effort; (C) is an agreement which any member of the Retained Group (or any director of such member of the Retained Group) is interested or from which any such person takes benefit (directly or indirectly); or (D) is entered into otherwise than on an arm’s length basis.
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No Material Contract. (a) relates to the acquisition or disposal of shares in a company or the acquisition or disposal of a business or material part of a business; or (b) has been breached by the Group Company in any material respect or is or is likely to be breached or is terminable as a result of entering into and performing this Agreement and the other Transaction Documents or is otherwise liable to determination, rescission, avoidance or repudiation by any other party to it; or (c) is of a long term nature (that is to say, unlikely to be fully performed within 6 months of it being entered into)
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No Material Contract. With respect to the Bonding Business, no contract or commitment will be entered into, and no purchase of raw materials or supplies and no sale of assets (real, personal, or mixed, tangible or intangible) will be made, by or on behalf of Seller, except contracts, commitments, purchases or sales which are for the purchase of, and purchases of: (i) raw materials and supplies made in the ordinary course of business and consistent with past practice, (ii) products or inventory in the ordinary course of business and consistent with past practice, or (iii) other goods in the ordinary course of business and consistent with past practice, and which are not material to the Seller and would not have been required to be disclosed on any of the Disclosure Schedules referenced herein had they been in existence on the Effective Date.
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No Material Contract. No contract or commitment will be entered into, and no purchase of raw materials or supplies and no sale of assets (real, personal, or mixed, tangible or intangible) will be made, by or on behalf of Seller, except contracts, commitments, purchases or sales which (i) are (A) contracts or commitments for the purchase of, and purchases of, raw materials and supplies made in the ordinary course of business and consistent with past practice, (B) contracts or commitments for the sale of, and sales of, product or inventory in the ordinary course of business and consistent with past practice, or (C) other contracts, commitments, purchases or sales in the ordinary course of business and consistent with past practice, and (ii) are not material to the Seller (individually or in the aggregate) and would not have been required to be disclosed in the Disclosure Schedule had they been in existence on the date of this Agreement.
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No Material Contract. 2.1 is not on an arm's length basis; 9
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Related to No Material Contract

  • Material Contract “Material Contract” is defined in Section 3.9(a) of the Agreement.

  • No Material Defaults Neither the Company nor any of the Subsidiaries has defaulted on any installment on indebtedness for borrowed money or on any rental on one or more long-term leases, which defaults, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect. The Company has not filed a report pursuant to Section 13(a) or 15(d) of the Exchange Act since the filing of its last Annual Report on Form 10-K, indicating that it (i) has failed to pay any dividend or sinking fund installment on preferred stock or (ii) has defaulted on any installment on indebtedness for borrowed money or on any rental on one or more long-term leases, which defaults, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.

  • No Material Notices None of the following events shall have occurred and be continuing: (i) receipt by the Company of any request for additional information from the Commission or any other federal or state governmental authority during the period of effectiveness of the Registration Statement, the response to which would require any post-effective amendments or supplements to the Registration Statement or the Prospectus; (ii) the issuance by the Commission or any other federal or state governmental authority of any stop order suspending the effectiveness of the Registration Statement or the initiation of any proceedings for that purpose; (iii) receipt by the Company of any notification with respect to the suspension of the qualification or exemption from qualification of any of the Placement Shares for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; or (iv) the occurrence of any event that makes any material statement made in the Registration Statement or the Prospectus or any material document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires the making of any changes in the Registration Statement, the Prospectus or documents so that, in the case of the Registration Statement, it will not contain any materially untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading and, that in the case of the Prospectus, it will not contain any materially untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading.

  • No Material Default Neither the Seller nor any of its Affiliates is in material default under any agreement, contract, instrument or indenture of any nature whatsoever to which the Seller or any of its Affiliates is a party or by which it (or any of its assets) is bound, which default would have a material adverse effect on the ability of the Seller to perform under this Agreement, nor, to the best of the Seller's knowledge, has any event occurred which, with notice, lapse of time or both, would constitute a default under any such agreement, contract, instrument or indenture and have a material adverse effect on the ability of the Seller to perform its obligations under this Agreement;

  • No Material Change There has been no material adverse change in the business, operations, financial condition or assets of the Company since the date of the Company's most recent financial statements;