Common use of Agreements; Action Clause in Contracts

Agreements; Action. (a) there are no agreements, understandings, instruments, contracts, proposed transactions, judgments, orders, writs or decrees to which the Company or any of its Subsidiaries is a party or by which it is bound which may involve: (A) obligations (contingent or otherwise) of, or payments to, the Company in excess of $100,000; or (B) provisions restricting the development, manufacture or distribution of the Company’s products or services.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Singing Machine Co Inc), Securities Purchase Agreement (Singing Machine Co Inc), Securities Purchase Agreement (Singing Machine Co Inc)

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Agreements; Action. (a) Except for agreements explicitly contemplated by this Agreement, there are no agreements, understandings, instruments, contracts, proposed transactions, judgments, orders, writs writs, decrees or decrees proposed transactions to which the Company or any of its Subsidiaries is a party or by which it is bound which may that involve: (Ai) obligations (contingent or otherwise) of, or payments to, the Company in excess of $100,000; or (Bii) provisions restricting the developmentany contract, manufacture agreement, commitment, arrangement or distribution understanding relating to any joint venture, partnership or sharing of the Company’s products profits or serviceslosses with any Person.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Tactical Solution Partners, Inc.), Share Exchange Agreement (Combined Professional Services Inc), Share Exchange Agreement (Combined Professional Services Inc)

Agreements; Action. (a) there There are no agreements, understandings, instruments, contracts, proposed transactions, judgments, orders, writs or decrees to which the Company or any of its Subsidiaries is a party or to their knowledge by which it any of them is bound which may involve: (A) obligations (contingent or otherwise) of, or payments to, the Company in excess of $100,000; or (B) include provisions restricting the development, manufacture development or distribution of the Company’s products or servicesservices of the Company or any of its Subsidiaries.

Appears in 3 contracts

Samples: Series H Preferred Stock Purchase Agreement (Vie Financial Group Inc), H Preferred Stock Purchase Agreement (Vie Financial Group Inc), H Preferred Stock Purchase Agreement (Vie Financial Group Inc)

Agreements; Action. (a) there There are no agreements, understandings, instrumentsinstuments, contracts, proposed transactions, judgments, orders, writs or decrees to which the Company or any of its Subsidiaries is a party or by which it is bound which that may involve: involve (Ai) obligations (contingent or otherwise) of, or payments to, to the Company in excess of of, $100,000; 25,000, or (Bii) the license of any patent, copyright, trade secret or other proprietary right to or from the Company , or (iii) provisions restricting or affecting the development, manufacture or distribution of the Company’s 's products or services.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Top Tier Software Inc)

Agreements; Action. (a) there There are no agreements, understandings, instruments, contracts, contracts or proposed transactions, judgments, orders, writs or decrees transactions to which the Company or any of its Subsidiaries is a party or by which it is bound which may involve: (A) that involve obligations (contingent or otherwise) of, or payments to, to the Company in excess of $100,000; or (B) provisions restricting the development, manufacture or distribution of the Company’s products or services200,000.

Appears in 1 contract

Samples: Series C Preferred Stock Purchase Agreement (Freei Networks Inc)

Agreements; Action. (a) there There are no agreementsagreements (written or oral), understandings, instruments, contracts, proposed transactions, judgments, orders, writs or decrees to which the Company or any of its Subsidiaries is a party or by which it is bound which may involve: (A) obligations (contingent restrict or otherwise) of, or payments to, the Company in excess of $100,000; or (B) provisions restricting affect the development, manufacture or distribution of the Company’s products or servicesservices of the Company or its Subsidiaries.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Daou Systems Inc)

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Agreements; Action. (a) there There are no material agreements, understandings, instruments, contracts, proposed transactions, judgments, orders, writs or decrees to which the Company or any of its Subsidiaries is a party or to its knowledge by which it is bound which may involve: (A) involve obligations (contingent or otherwise) of, or payments to, the Company in excess of $100,000; 200,000 (other than obligations of, or (B) provisions restricting payments to, the development, manufacture Company arising from purchase or distribution sale agreements entered into in the ordinary course of the Company’s products or servicesbusiness).

Appears in 1 contract

Samples: . Stock Purchase Agreement (Tunex International Inc /Ut/)

Agreements; Action. (a) there There are no agreements, understandings, instruments, contracts, proposed transactions, judgments, orders, writs or decrees to which the Company or any of its Subsidiaries is a party or to its knowledge by which it is bound which may involve: involve (Ai) obligations the license of any proprietary right to or from the Company, (contingent or otherwise) of, or payments to, the Company in excess of $100,000; or (Bii) provisions restricting or affecting the development, manufacture or distribution business of the Company’s products , or services(iii) indemnification by the Company with respect to infringements of proprietary rights.

Appears in 1 contract

Samples: Security Agreement (Comcam International Inc)

Agreements; Action. (a) Except as set forth herein, there are no agreements, understandings, instruments, contracts, proposed transactions, judgments, orders, writs or decrees to which the Company or any of its Subsidiaries is a party party, or to its knowledge, by which it is bound bound, which may involve: (A) obligations (contingent or otherwise) of, or payments to, impound the assets of the Company in excess of $100,000; or (B) provisions restricting such a manner that the development, manufacture or distribution of payment for the Company’s products or servicesPurchased Securities must be directed elsewhere.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Exploration Corp)

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