Common use of Such Selling Securityholder Clause in Contracts

Such Selling Securityholder. (i) has not, at any time, (A) made a general assignment for the benefit of creditors, (B) filed, or had filed against such Selling Securityholder, any bankruptcy petition or similar filing, (C) suffered the attachment or other judicial seizure of all or a substantial portion of such Selling Securityholder's assets, (D) admitted in writing such Selling Securityholder's inability to pay such Selling Securityholder's debts as they become due, (E) been convicted of, or pleaded guilty to, any felony, or (F) taken or been the subject of any action that may have an adverse effect on such Selling Securityholder's ability to comply with or perform any of such Selling Securityholder's covenants or obligations under any of the Transactional Agreements; or (ii) is not subject to any Order that may have an adverse effect on such Selling Securityholder's ability to comply with or perform any of such Selling Securityholder's covenants or obligations under any of the Transactional Agreements.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Titan Corp), Stock Purchase Agreement (Cayenta Inc)