Relevant Contracts. There are no contracts in effect in which Sellers and the Companies are a party or subject to, with respect to the BPC Business, which contain any obligations or reflects a transaction which would be deemed to be out of its ordinary course of business. To the Knowledge of the Sellers, the Sellers and the Companies are not in default on any material obligation contained in any such contracts. None of such agreements contain any limitations to the freedom of the Companies to compete in any line of business or with any Person or in any area, or to the conduct of the BPC Business in any manner.
Appears in 2 contracts
Sources: Assignment and Transfer Agreement, Assignment and Transfer Agreement (Coty Inc.)