Business in Compliance with Law. In all material respects, the operations of the Business have been and are now conducted in compliance with all applicable laws, other than as may be disclosed on a Schedule, and the Vendor has not received any notice of any alleged material breach of any such laws.
Appears in 1 contract
Samples: Asset Purchase Agreement (Magna Entertainment Corp)
Business in Compliance with Law. In all material respects, the operations of the Business have been and are now conducted in compliance with all applicable laws, other than as may be disclosed on a Schedule, Applicable Laws of each jurisdiction in which the Business has been and is carried on; and the Vendor has not received any notice of any alleged material breach of any such lawsApplicable Laws.
Appears in 1 contract
Business in Compliance with Law. In all material respects, the The operations of the Business have been and are now conducted in compliance with all applicable laws, other than as may be disclosed Laws of each jurisdiction in which the Business has been and is carried on a Schedule, and the Vendor Seller has not received any notice of any alleged material breach violation of any such lawsLaws.
Appears in 1 contract
Business in Compliance with Law. In all material respects, the The operations of the Business have been and are now conducted as of the date hereof in compliance with all applicable laws, other than as may be disclosed Laws of each jurisdiction in which the Business has been and is carried on except for non-compliance which does not have a ScheduleMaterial Adverse Effect, and the Vendor has Vendors have not been threatened to be charged with or received any notice of any alleged material breach violation of any such lawsLaws.
Appears in 1 contract
Samples: Asset Purchase Agreement (Alliance Semiconductor Corp /De/)
