Common use of Status of Contracts Clause in Contracts

Status of Contracts. Seller has, to Seller’s knowledge, complied with all of the material provisions of written contracts (as disclosed on Exhibit 1.16) described in this Agreement and of all other written contracts to which Seller is a party. Further, other than those written contracts or agreements specifically described in this paragraph, Seller has no written contract extending beyond the Closing Date, which would be binding on Buyer or affect Buyer’s ability to close. All prepaid contracts being assigned have been fully paid by Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lodging Fund REIT III, Inc.)

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Status of Contracts. Seller has, to the best of Seller’s 's knowledge, complied with all of the material provisions of written contracts (as disclosed on Exhibit 1.16) described in this Agreement and of all other written contracts and commitments to which Seller is a party. Further, other than those written contracts or agreements specifically described in this paragraph, Seller has no written contract or commitment extending beyond the Closing Date, except: those customers of Seller who have an ongoing customer support agreement; the list of which would be binding on Buyer or affect Buyer’s ability has already been provided to close. All prepaid contracts being assigned have been fully paid Purchaser by Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (SupportSave Solutions Inc)

Status of Contracts. Seller hasSellers have, to Seller’s the best of Sellers’ knowledge, complied with all of the material provisions of written contracts (as disclosed on Exhibit 1.16) described in this Agreement and of all other written contracts and commitments to which Seller is Sellers are a party. Further, other than those written contracts or agreements specifically described in this paragraph, Seller has Sellers have no written contract or commitment extending beyond the Closing Date, which would be binding except [None / list information, if any, here or on Buyer or affect Buyer’s ability to close. All prepaid contracts being assigned have been fully paid by Selleran Exhibit 8.7] except as expressed on Exhibit 8.7.

Appears in 1 contract

Samples: Asset Purchase Agreement

Status of Contracts. Seller has, to the best of Seller’s 's knowledge, complied with all of the material provisions of written contracts (as disclosed on Exhibit 1.16) described in this Agreement and of all other written contracts and commitments to which Seller is a party. Further, other than those written contracts or agreements specifically described in this paragraph, Seller has no written contract or commitment extending beyond the Closing Date, which would be binding on Buyer or affect Buyer’s ability to close. All prepaid contracts being assigned have been fully paid by Seller.6.7

Appears in 1 contract

Samples: Purchase and Sale of Business Assets (Americhip International Inc)

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Status of Contracts. Seller has, to the best of Seller’s knowledge, complied with all of the material provisions of written contracts (as disclosed on Exhibit 1.16) described in this Agreement and of all other written contracts and commitments to which Seller is a party. Further, other than those written contracts or agreements specifically described in this paragraph, Seller has no written contract or commitment extending beyond the Closing Date, which would be binding except: [None / [list information, if any, here or on Buyer or affect Buyer’s ability to close. All prepaid contracts being assigned have been fully paid by Selleran Exhibit 8.7]].

Appears in 1 contract

Samples: Asset Purchase Agreement

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