Common use of Acquisition Agreement Clause in Contracts

Acquisition Agreement. As of the Closing Date, Borrowers have delivered to Agent a complete and correct copy of the LL Acquisition Agreement (including all schedules, exhibits, amendments, supplements, modifications, assignments and all other documents delivered pursuant thereto or in connection therewith). No Credit Party and no other Person party thereto is in default in the performance or compliance with any provisions thereof. The LL Acquisition Agreement complies with, and the LL Acquisition has been consummated in accordance with, all applicable laws. The LL Acquisition Agreement is in full force and effect as of the Closing Date and has not been terminated, rescinded or withdrawn. All requisite approvals by Governmental Authorities having jurisdiction over Seller, any Credit Party and other Persons referenced therein with respect to the transactions contemplated by the LL Acquisition Agreement have been obtained, and no such approvals impose any conditions to the consummation of the transactions contemplated by the LL Acquisition Agreement or to the conduct by any Credit Party of its business thereafter. To the best of each Credit Party's knowledge, none of the Seller's representations or warranties in the LL Acquisition Agreement contain any untrue statement of a material fact or omit any fact necessary to make the statements therein not misleading. Each of the representations and warranties given by each applicable Credit Party in the LL Acquisition Agreement is true and correct in all material respects. Notwithstanding anything contained in the LL Acquisition Agreement to the contrary, such representations and warranties of the Credit Parties are incorporated into this Agreement by this Section 3.25 and shall, solely for purposes of this Agreement and the benefit of Agent and Lenders, survive the consummation of the LL Acquisition.

Appears in 2 contracts

Samples: Credit Agreement (Rand Acquisition CORP), Credit Agreement (Rand Logistics, Inc.)

AutoNDA by SimpleDocs

Acquisition Agreement. As of the Closing Date, Borrowers have Borrower has delivered to Agent a complete and correct copy of the LL Acquisition Agreement (including all schedules, exhibits, amendments, supplements, modifications, assignments and all other documents delivered pursuant thereto or in connection therewith). No Credit Party and no other Person party thereto is in default in the performance or compliance with any provisions thereof. The LL Acquisition Agreement complies with, and the LL Acquisition has been consummated in accordance with, all applicable laws. The LL Acquisition Agreement is in full force and effect as of the Closing Date and has not been terminated, rescinded or withdrawn. All requisite approvals by Governmental Authorities having jurisdiction over any Seller, any Credit Party and other Persons referenced therein therein, with respect to the transactions contemplated by the LL Acquisition Agreement Agreement, have been obtained, and no such approvals impose any conditions to the consummation of the transactions contemplated by the LL Acquisition Agreement or to the conduct by any Credit Party of its business thereafter. To the best of each Credit Party's knowledge, none of the Seller's Sellers' representations or warranties in the LL Acquisition Agreement contain any untrue statement of a material fact or omit any fact necessary to make the statements therein not misleading. Each of the representations and warranties given by each applicable Credit Party in the LL Acquisition Agreement is true and correct in all material respects. Notwithstanding anything contained in the LL Acquisition Agreement to the contrary, such representations and warranties of the Credit Parties are incorporated into this Agreement by this Section 3.25 and shall, solely for purposes of this Agreement and the benefit of Agent and Lenders, survive the consummation of the LL Acquisition.

Appears in 2 contracts

Samples: Credit Agreement (Black Warrior Wireline Corp), Credit Agreement (Black Warrior Wireline Corp)

Acquisition Agreement. As of the Closing Date, Borrowers have delivered to Agent a complete and correct copy of the LL Acquisition Agreement (including all schedules, exhibits, amendments, supplements, modifications, assignments and all other documents delivered pursuant thereto or in connection therewith). No Credit Party and no other Person party thereto is in default in the performance or compliance with any provisions thereof. The LL Acquisition Agreement complies with, and the LL Acquisition has been consummated in accordance with, all applicable laws. The LL Acquisition Agreement is in full force and effect as of the Closing Date and has not been terminated, rescinded or withdrawn. All requisite approvals by Governmental Authorities having jurisdiction over Seller, any Credit Party and other Persons referenced therein with respect to the transactions contemplated by the LL Acquisition Agreement have been obtained, and no such approvals impose any conditions to the consummation of the transactions contemplated by the LL Acquisition Agreement or to the conduct by any Credit Party of its business thereafter. To the best of each Credit Party's knowledge, none of the Seller's representations or warranties in the LL Acquisition Agreement contain any untrue statement of a material fact or omit any fact necessary to make the statements therein not misleading. Each of the representations and warranties given by each applicable Credit Party in the LL Acquisition Agreement is true and correct in all material respects. Notwithstanding anything contained in the LL Acquisition Agreement to the contrary, such representations and warranties of the Credit Parties are incorporated into this Agreement by this Section 3.25 SECTION 3.24 and shall, solely for purposes of this Agreement and the benefit of Agent and Lenders, survive the consummation of the LL Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Inverness Medical Innovations Inc)

AutoNDA by SimpleDocs

Acquisition Agreement. As of the Closing Date, Borrowers have Borrower has delivered to Agent a complete and correct copy of the LL Acquisition Agreement (including all schedules, exhibits, amendments, supplements, modifications, assignments and all other documents delivered pursuant thereto or in connection therewith). No Credit Party and no other Person party thereto is in default in the performance or compliance with any provisions thereof. The LL Acquisition Agreement complies with, and the LL Acquisition has been consummated in accordance with, all applicable laws. The LL Acquisition Agreement is in full force and effect as of the Closing Date Date, and has not been terminated, rescinded or withdrawn. All requisite approvals by Governmental Authorities having jurisdiction over Seller, any Credit Party and other Persons referenced therein therein, with respect to the transactions contemplated by the LL Acquisition Agreement Agreement, have been obtained, and no such approvals impose any conditions to the consummation of the transactions contemplated by the LL Acquisition Agreement or to the conduct by any Credit Party of its business thereafter. To the best of each Credit Party's knowledge, none of the Seller's representations or warranties in the LL Acquisition Agreement contain any untrue statement of a material fact or omit any fact necessary to make the statements facts therein not misleading. Each of the representations and warranties given by each applicable Credit Party in the LL Acquisition Agreement is true and correct in all material respects. Notwithstanding anything contained in the LL Acquisition Agreement to the contrary, such representations and warranties of the Credit Parties are incorporated into this Agreement by this Section 3.25 3.24 and shall, solely for purposes of this Agreement and the benefit of the Agent and the Lenders, survive the consummation of the LL Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Wilsons the Leather Experts Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.