Common use of Agreements in Force and Effect Clause in Contracts

Agreements in Force and Effect. Except as set forth in Annex D and E, all material contracts, agreements, plans, promissory notes, mortgages, leases, policies, licenses, franchises or similar instruments to which the Company is a party are valid and in full force and effect on the date hereof, and the Company has not breached any material provision of, and is not in default in any material respect under the terms of, any such contract, agreement, plan, promissory note, mortgage, lease, policy, license, franchise or similar instrument which breach or default would have a material adverse effect upon the business, operations or financial condition of the Company.

Appears in 3 contracts

Samples: Share Exchange Agreement (Gulf & Orient Steamship Company, Ltd.), Share Exchange Agreement (TORtec Group Corp), Share Exchange Agreement (Geo Point Technologies Inc)

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Agreements in Force and Effect. Except as set forth in Annex Schedules D and E, all material contracts, agreements, plans, promissory notes, mortgages, leases, policies, licenses, franchises or similar instruments to which the Company EXCEL is a party are valid and in full force and effect on the date hereof, and the Company EXCEL has not breached any material provision of, and is not in default in any material respect under the terms of, any such contract, agreement, plan, promissory note, mortgage, lease, policy, license, franchise or similar instrument which breach or default would have a material adverse effect upon the business, operations or financial condition of the CompanyEXCEL.

Appears in 1 contract

Samples: Exhibit 2 Agreement and Plan of Reorganization (Excel Publishing Inc)

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Agreements in Force and Effect. Except as set forth in Annex Schedules D and E, all material contracts, agreements, plans, promissory notes, mortgages, leases, policies, licenses, franchises or similar instruments to which the Company THE COMPANY is a party are valid and in full force and effect on the date hereof, and the Company THE COMPANY has not breached any material provision of, and is not in default in any material respect under the terms of, any such contract, agreement, plan, promissory note, mortgage, lease, policy, license, franchise or similar instrument which breach or default would have a material adverse effect upon the business, operations or financial condition of the CompanyTHE COMPANY.

Appears in 1 contract

Samples: Share Exchange Agreement (Geo Point Technologies Inc)

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