Common use of COMPLIANCE WITH LAW AND OTHER REGULATIONS Clause in Contracts

COMPLIANCE WITH LAW AND OTHER REGULATIONS. Company is in compliance in all material respects with all requirements (including those relating to environmental matters) of federal, state, or local law and all requirements of all governmental bodies and agencies having jurisdiction over it, the conduct of its business, the use of its assets and properties, and all premises occupied by it. To Shareholders' knowledge, there is no environmental contamination, toxic waste, or other discharge, spill, construction component, structural element or condition, adversely affecting any of the properties of Company, nor has Company received any official notice or citation that any of its properties in any material way contravene any federal, state, or local law or regulation relating to environmental, health, or safety matters, including without limitation any requirements of the Comprehensive Environmental Response Compensation and Liability Act ("CERCLA") or OSHA requirements. Without limiting the foregoing, Company has properly filed all reports, paid all monies, and obtained all licenses, permits, certificates, and authorizations needed or required for the conduct of its business and the use of its assets and properties and the premises occupied by it in connection therewith and is, to Shareholders' knowledge, in compliance in all material respects with all conditions, restrictions, and provisions of all of the foregoing. Company has not received any notice from any federal, state, or local authority or any insurance or inspection body that any of its assets, properties, facilities, equipment, or business procedures or practices fails to comply with any applicable law, ordinance, regulation, building, or zoning law or requirement of any public authority or body.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Styling Technology Corp), Stock Purchase Agreement (Uk Abba Products Inc)

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COMPLIANCE WITH LAW AND OTHER REGULATIONS. Company Each of Seller and its subsidiaries is in compliance in all material respects with all requirements (including those relating to environmental matters) of federal, state, or local law and all requirements of all governmental bodies and agencies having jurisdiction over it, the conduct of its business, the use of its assets and properties, and all premises occupied by it. To Shareholders' knowledge, there There is no environmental contamination, toxic waste, waste or other discharge, spill, construction component, structural element or condition, condition adversely affecting any of the properties of CompanySeller or its subsidiaries, nor has Company Seller or any of its subsidiaries received any official notice or citation that any of its properties in any material way contravene any federal, state, or local law or regulation relating to environmental, health, or safety matters, including without limitation any requirements of the Comprehensive Environmental Response Compensation and Liability Act ("CERCLA") CERCLA or any OSHA requirements. Without limiting the foregoing, Company each of Seller and its subsidiaries has properly filed all reports, paid all monies, and obtained all licenses, permits, certificates, and authorizations needed or required for the conduct of its business and the use of its assets and properties and the premises occupied by it in connection therewith and is, to Shareholders' knowledge, is in compliance in all material respects with all conditions, restrictions, and provisions of all of the foregoing. Company Neither Seller nor any of its subsidiaries has not received any notice from any federal, state, or local authority or any insurance or inspection body that any of its assets, properties, facilities, equipment, or business procedures or practices fails to comply with any applicable law, ordinance, regulation, building, or zoning law or requirement of any public authority or body.

Appears in 1 contract

Samples: Asset Purchase Agreement (Steelcloud Inc)

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COMPLIANCE WITH LAW AND OTHER REGULATIONS. Company Seller is in compliance in all material respects with all requirements (including those relating to environmental matters) of federal, state, or local law and all requirements of all governmental bodies and agencies having jurisdiction over it, the conduct of its businessthe Business, the use of its assets and propertiesTransferred Assets, and all premises occupied by itSeller with respect to the Business. To Shareholders' knowledge, there There is no environmental contamination, toxic waste, waste or other discharge, spill, construction componentor condition at the Fair Lawn, structural element New Jersey or condition, England facilities of Seller in violation by Seller of applicable environmental laws adversely affecting any of the properties of CompanyTransferred Assets, nor has Company Seller received any official notice or citation in the past three years that any of its properties the Transferred Assets in any material way contravene any federal, state, or local law or regulation relating to environmental, health, or safety matters, including without limitation any requirements of the Comprehensive Environmental Response Compensation and Liability Act ("CERCLA") CERCLA or any OSHA requirements. Without limiting the foregoing, Company Seller has properly filed all reports, paid all monies, and obtained all licenses, permits, certificates, Licenses and authorizations Permits needed or required for the conduct of its business the Business and the use of its assets and properties the Transferred Assets and the premises occupied by it in connection therewith with the Business and is, to Shareholders' knowledge, is in compliance in all material respects with all conditions, restrictions, and provisions of all of the foregoingsuch Licenses and Permits. Company Seller has not received within the three years prior to the date hereof any notice from any federal, state, or local authority or any insurance or inspection body that any of its assets, properties, facilities, equipment, the Transferred Assets or the business procedures or practices related to the Business fails to comply with any applicable law, ordinance, regulation, building, or zoning law or requirement of any public authority or body.

Appears in 1 contract

Samples: Asset Purchase Agreement (Styling Technology Corp)

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