Common use of Absence of Breaches or Defaults Clause in Contracts

Absence of Breaches or Defaults. All of the material ------------------------------- Contracts are valid and in full force and effect, subject to any repudiation claims of other parties not known to Seller. The Company has duly performed all of its material obligations under the Contracts to the extent those obligations to perform have accrued, and no material violation of, or material default or breach under any Contracts by the Company or, to the best of Seller's knowledge, any other party has occurred and neither the Company nor, to Seller's knowledge, any other party has repudiated any provisions thereof. All of the material Contracts will be enforceable by the Company after the Closing to the same extent as if the transactions contemplated by this Agreement had not been consummated, subject to compliance with applicable change of control provisions, all of which are identified on Schedule 4.3.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Rental Service Corp), Asset Purchase Agreement (Rental Service Corp)

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Absence of Breaches or Defaults. All To the best of Seller's and ------------------------------- Company's knowledge, all of the material ------------------------------- Contracts are valid and in full force and effect, subject to any repudiation claims of other parties not known to Seller. The Company has duly performed all of its material obligations under the Contracts to the extent those obligations to perform have accrued, and no material violation of, or material default or breach under any Contracts by the Company or, to the best of Seller's Sellers' knowledge, any other party has occurred and neither the Company nor, to Seller's knowledge, nor any other party has repudiated any provisions thereof. All of the material Contracts will be enforceable by the Company after the Closing to the same extent as if the transactions contemplated by this Agreement had not been consummated, subject to compliance with applicable change of control provisions, all of which are identified on Schedule 4.3.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

Absence of Breaches or Defaults. All of the material ------------------------------- Contracts are ------------------------------- valid and in full force and effect, subject to any repudiation claims of other parties not known to SellerSellers. The Company has duly performed all of its material obligations under the Contracts to the extent those obligations to perform have accrued, and no material violation of, or material default or breach under any Contracts by the Company or, to the best of Seller's Sellers' knowledge, any other party has occurred and neither the Company nor, to Seller's Sellers' knowledge, any other party has repudiated any provisions thereof. All of the material Contracts will be enforceable by the Company after the Closing to the same extent as if the transactions contemplated by this Agreement had not been consummated, subject to compliance with applicable change of control provisions, all of which are identified on Schedule 4.3.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

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Absence of Breaches or Defaults. All of the material Contracts ------------------------------- Contracts are valid and in full force and effect, subject to any repudiation claims of other parties not known to Seller. The Company has duly performed all of its material obligations under the Contracts to the extent those obligations to perform have accrued, and no material violation of, or material default or breach under any Contracts by the Company or, to the best of Seller's knowledge, any other party has occurred and neither the Company nor, to Seller's knowledge, any other party has repudiated any provisions thereof. All of the material Contracts will be enforceable by the Company after the Closing to the same extent as if the transactions contemplated by this Agreement had not been consummated, subject to compliance with applicable change of control provisions, all of which are identified on Schedule 4.3.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rental Service Corp)

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