Common use of Safety Rating Clause in Contracts

Safety Rating. Except as set forth on Schedule 4.20, the Company has an overall “Satisfactory” safety rating, and maintained Compliance, Safety and Accountability scores (“CSA Scores”) below the “alert” threshold in each of the seven categories assessed by the DOT in connection therewith. To the Knowledge of the Sellers, there are no issues, deficiencies or violations which would adversely affect such safety rating or CSA Scores. Neither any Seller nor the Company has received any written or other notice of any intended, pending or proposed audit of the Business by the DOT or any other Governmental Entity having jurisdiction over the Company’s operation of the Business.

Appears in 3 contracts

Samples: Stock Purchase Agreement (EVO Transportation & Energy Services, Inc.), Stock Exchange Agreement (EVO Transportation & Energy Services, Inc.), Membership Interest Purchase Agreement (EVO Transportation & Energy Services, Inc.)

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Safety Rating. Except as set forth on Schedule 4.20, the Company has now, and since the commencement of the operation of the Business has maintained, an overall “Satisfactory” safety rating, and maintained Compliance, Safety and Accountability scores (“CSA Scores”) below the “alert” threshold in each of the seven categories assessed by the DOT in connection therewith. To the Knowledge of the Sellers, there There are no issues, deficiencies or violations which would adversely affect such safety rating or CSA Scores. Neither any Seller the Equity Holders nor the Company has received any written notice (or in any other notice manner) of any intended, pending or proposed audit of the Business by the DOT or any other Governmental Entity having jurisdiction over the Company’s operation of the Business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (EVO Transportation & Energy Services, Inc.)

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Safety Rating. Except as set forth on Schedule 4.20, the Company has now, and since the commencement of the operation of the Business has maintained, an overall “Satisfactory” safety rating, and maintained Compliance, Safety and Accountability scores (“CSA Scores”) below the “alert” threshold in each of the seven categories assessed by the DOT in connection therewith. To the Knowledge of the Sellers, there There are no issues, deficiencies or violations which would adversely affect such safety rating or CSA Scores. Neither any Seller the Equity Holder nor the Company has received any written notice (or in any other notice manner) of any intended, pending or proposed audit of the Business by the DOT or any other Governmental Entity having jurisdiction over the Company’s operation of the Business.

Appears in 1 contract

Samples: Equity Purchase Agreement (EVO Transportation & Energy Services, Inc.)

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