COMPLIANCE WITH LAW AND OTHER REGULATIONS. Neither Buyer nor any of its subsidiaries is subject to or has been threatened with any material fine, penalty, liability, or disability as the result of its failure to comply with any requirement of federal, state, local, or foreign law or any regulation or any requirement of any governmental body or agency having jurisdiction over it, the conduct of its business, the use of its assets and properties, or any premises occupied by it.
Appears in 3 contracts
Samples: Exchange Agreement (Eastlick Harry V), Exchange Agreement (Christopher Anthony), Exchange Agreement (Lundstrom Albert C)
COMPLIANCE WITH LAW AND OTHER REGULATIONS. Neither Buyer nor any of its subsidiaries is subject to or has been threatened with any material fine, penalty, liability, or disability as the result of its failure to comply with any requirement of federal, state, local, or foreign law or any regulation or any requirement of any governmental body or agency having jurisdiction over it, the conduct of its business, the use of its assets and properties, or any premises occupied by it.
Appears in 3 contracts
Samples: Exchange Agreement (Action Performance Companies Inc), Asset Purchase Agreement (Action Performance Companies Inc), Asset Purchase Agreement (Action Performance Companies Inc)