Common use of Compliance with Laws and Court Orders Clause in Contracts

Compliance with Laws and Court Orders. (a) Neither the Purchaser nor any Purchaser Subsidiary is in violation of, and has not violated, and to the knowledge of Purchaser is not under investigation with respect to and has not been threatened to be charged with or given notice of any violation of, any applicable law, rule, regulation, judgment, injunction, order or decree, except for violations that have not had and could not reasonably be expected to have, individually or in the aggregate, a material adverse effect on the business, results of operations or financial condition of Purchaser and its subsidiaries taken as a whole. (b) Each executive officer and director of the Purchaser has complied with all applicable laws in connection with or relating to actions within the scope of the Purchaser’s business, except where the failure to comply would not be material to the Purchaser. No executive officer or director of the Purchaser is a party to or the subject of any pending or threatened suit, action, proceeding or investigation by any governmental entity that would have a material adverse effect on the business, results of operations or financial condition of the Purchaser and its subsidiaries taken as a whole, except as disclosed in Purchaser Exchange Act Documents.

Appears in 6 contracts

Samples: Acquisition Agreement (Andain, Inc.), Acquisition Agreement (Andain, Inc.), Acquisition Agreement (Andain, Inc.)

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Compliance with Laws and Court Orders. (a) Neither the Purchaser nor any Purchaser Subsidiary is in violation of, and has not violated, and to the knowledge of Purchaser is not under investigation with respect to and has not been threatened to be charged with or given notice of any violation of, any applicable law, rule, regulation, judgment, injunction, order or decree, except for violations that have not had and could not reasonably be expected to have, individually or in the aggregate, a material adverse effect on the business, results of operations or financial condition of Purchaser and its subsidiaries taken as a whole. (b) Each executive officer and director of the Purchaser has complied with all applicable laws in connection with or relating to actions within the scope of the Purchaser’s business, except where the failure to comply would not be material to the Purchaser. No executive officer or director of the Purchaser is a party to or the subject of any pending or threatened suit, action, proceeding or investigation by any governmental entity that would have a material adverse effect on the business, results of operations or financial condition of the Purchaser and its subsidiaries taken as a whole, except as disclosed in Purchaser Exchange Act Documents.

Appears in 2 contracts

Samples: Acquisition Agreement (Andain, Inc.), Acquisition Agreement (Andain, Inc.)

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Compliance with Laws and Court Orders. (a) Neither the Purchaser nor any Purchaser Subsidiary is in violation of, and has not violated, and to the knowledge of Purchaser is not under investigation with respect to and has not been threatened to be charged with or given notice of any violation of, any applicable law, rule, regulation, judgment, injunction, order or decree, except for violations that have not had and could not reasonably be expected to have, individually or in the aggregate, a material adverse effect on the business, results of operations or financial condition of Purchaser and its subsidiaries taken as a whole. (b) Each executive officer and director of the Purchaser has complied with all applicable laws in connection with or relating to actions within the scope of the Purchaser’s 's business, except where the failure to comply would not be material to the Purchaser. No executive officer or director of the Purchaser is a party to or the subject of any pending or threatened suit, action, proceeding or investigation by any governmental entity that would have a material adverse effect on the business, results of operations or financial condition of the Purchaser and its subsidiaries taken as a whole, except as disclosed in Purchaser Exchange Act Documents.

Appears in 1 contract

Samples: Securities Purchase Agreement (Andain, Inc.)

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