Common use of Restrictive Documents Clause in Contracts

Restrictive Documents. Neither of the Companies nor the Seller is subject to, or a party to, any charter, by-law, mortgage, lien, lease, license, permit, agreement, contract, instrument, law, rule, ordinance, regulation, order, judgment or decree, or any other restriction of any kind, which adversely affects the business practices, operations or condition of the Companies or any of their respective assets or property, or which would prevent consummation of the transactions contemplated by this Agreement, compliance by the Seller with the terms, conditions and provisions hereof, or the continued operation of the Companies' respective businesses after the date hereof or the Closing Date on substantially the same basis as heretofore operated or which would restrict the ability of either of the Companies to acquire any property or conduct business in any area.

Appears in 1 contract

Sources: Stock Purchase Agreement (Radiant Systems Inc)

Restrictive Documents. Neither of the Companies Company nor the Seller is --------------------- subject to, or a party to, any charter, by-law, mortgage, lien, lease, license, permit, agreement, contract, instrument, law, rule, ordinance, regulation, order, judgment or decree, or any other restriction of any kind, which adversely affects the business practices, operations or condition of the Companies Company or any of their respective its assets or property, or which would prevent consummation of the transactions contemplated by this Agreement, compliance by the Seller with the terms, conditions and provisions hereof, or the continued operation of the Companies' respective businesses Company's business after the date hereof or the Closing Date on substantially the same basis as heretofore operated or which would restrict the ability of either of the Companies Company to acquire any property or conduct business in any area.

Appears in 1 contract

Sources: Stock Purchase Agreement (Fisher Business Systems Inc)

Restrictive Documents. Neither of the Companies Company nor the Seller Stockholder is subject to, or a party to, any charter, by-law, mortgage, lien, lease, license, permit, agreement, contract, instrument, law, rule, ordinance, regulation, order, judgment or decree, or any other restriction of any kindkind or character, which materially and adversely affects the business practices, operations or condition of the Companies Company or any of their respective its assets or property, or which would prevent consummation of the transactions contemplated by this Agreement, compliance by the Seller Stockholder with the terms, conditions and provisions hereof, hereof or the continued operation of the Companies' respective businesses Company's business after the date hereof or the Closing Date (as hereinafter defined) on substantially the same basis as heretofore operated or which would restrict the ability of either of the Companies Company to acquire any property or conduct business in any area.

Appears in 1 contract

Sources: Stock Purchase Agreement (Inkine Pharmaceutical Co Inc)

Restrictive Documents. Neither of the Companies Company nor the Seller Shareholder is subject to, or a party to, any charter, by-lawbylaw, mortgage, lien, lease, license, permit, agreement, contract, instrument, law, rule, ordinance, regulation, order, judgment or decree, or any other restriction of any kindkind or character, which that materially adversely affects the business practices, operations or condition of the Companies Company or any of their respective its assets or property, or which that would prevent consummation of the transactions contemplated by this Agreement, compliance by the Seller Shareholder or the Company with the terms, conditions and provisions hereof, hereof or the continued operation of the Companies' respective businesses Company's business after the date hereof or the Closing Date on substantially the same basis as heretofore operated or which that would restrict the ability of either of the Companies Company to acquire any property or conduct business in any area.

Appears in 1 contract

Sources: Stock Purchase Agreement (Karts International Inc)

Restrictive Documents. Neither To the knowledge of the Companies Company, neither the Company nor the Seller any Subsidiary is subject to, or a party to, any charter, by-law, mortgage, lien, lease, license, permit, agreement, contract, instrument, law, rule, ordinance, regulation, order, judgment or decree, or any other restriction of any kind, which materially and adversely affects the business practices, operations or condition of the Companies Company, any Subsidiary, or any of their respective assets or property, or which would prevent consummation of the transactions contemplated by this Agreement, compliance by the Seller with the terms, conditions and provisions hereof, Agreement or the continued operation of the Companies' its respective businesses business after the date hereof or the Closing Date on substantially the same basis as heretofore operated or which would restrict the its ability of either of the Companies to acquire any property or conduct business in any area.

Appears in 1 contract

Sources: Agreement for the Purchase of Stock and Warrants (1 800 Autotow Inc)