Common use of Compliance with Laws; Governmental Approvals Clause in Contracts

Compliance with Laws; Governmental Approvals. (a) Neither iGambit nor any of its Subsidiaries is now, or during the past five (5) years has been, in conflict with, or in default, breach or violation of, in any material respect, any Legal Requirement applicable to iGambit or any of its Subsidiaries, as applicable, or by which any iGambit Asset is bound, subject or affected, and iGambit and its Subsidiaries have filed all material reports, data and other information required to be filed with any Governmental Authority. iGambit and its Subsidiaries are in possession of all Governmental Approvals reasonably necessary for iGambit or any of its Subsidiaries, as applicable, to own, lease and operate its properties or to carry on the iGambit Business. No suspension or cancellation of any Governmental Approvals is pending or, to the Knowledge of iGambit, threatened, and, other than FINRA, no Governmental Approval is required to be obtained or filed in connection with the execution and delivery of this Agreement and the other Transaction Documents. Neither iGambit nor any of its Subsidiaries has received written notice or communication from any Person of any inquiry, proceeding or investigation by any Governmental Authority alleging or based upon a violation of any Legal Requirement by iGambit or any of its Subsidiaries or that involves services furnished or data submitted by iGambit or any of its Subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (iGambit, Inc.), Agreement and Plan of Merger (iGambit, Inc.)

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Compliance with Laws; Governmental Approvals. (a) Neither iGambit Clinigence nor any of its Subsidiaries is now, or during the past five (5) years has been, in conflict with, or in default, breach or violation of, in any material respect, any Legal Requirement applicable to iGambit Clinigence or any of its Subsidiaries, as applicable, or by which any iGambit Asset of Clinigence or any of its Subsidiaries is bound, subject or affected, and iGambit Clinigence and its Subsidiaries have timely filed all material reports, data and other information required to be filed with any Governmental Authority. iGambit Clinigence and its Subsidiaries are in possession of all Governmental Approvals reasonably necessary for iGambit or any of Clinigence and its Subsidiaries, as applicable, Subsidiaries to own, lease and operate its properties or to carry on the iGambit Clinigence Business. No suspension or cancellation of any Governmental Approvals is pending or, to the Knowledge of iGambitClinigence, threatened, and, other than FINRA, and no Governmental Approval is required to be obtained or filed in connection with the execution and delivery of this Agreement and the other Transaction Documents. Neither iGambit Clinigence nor any of its Subsidiaries has received written notice or communication from any Person of any inquiry, proceeding or investigation by any Governmental Authority alleging or based upon a violation of any Legal Requirement by iGambit Clinigence or any of its Subsidiaries or that involves services furnished or data submitted by iGambit Clinigence or any of its Subsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (iGambit, Inc.), Agreement and Plan of Merger (iGambit, Inc.)

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Compliance with Laws; Governmental Approvals. (a) Neither iGambit Except as set forth in Section 7.15(a) of the Seller Disclosure Schedule, neither Seller nor any of its Subsidiaries is now, or during the past five (5) years has been, in conflict with, or in default, breach or violation of, in any material respect, any Legal Requirement applicable to iGambit Seller or any of its Subsidiaries, as applicable, or by which any iGambit Asset of Seller or any of its Subsidiaries is bound, subject or affected, and iGambit Seller and its Subsidiaries have timely filed all material reports, data and other information required to be filed with any Governmental Authority. iGambit Seller and its Subsidiaries are in possession of all Governmental Approvals reasonably necessary for iGambit or any of Seller and its Subsidiaries, as applicable, Subsidiaries to own, lease and operate its properties or to carry on the iGambit Seller Business. No suspension or cancellation of any Governmental Approvals is pending or, to the Knowledge of iGambitSeller, threatened, and, other than FINRA, and no Governmental Approval is required to be obtained or filed in connection with the execution and delivery of this Agreement and the other Transaction Documents. Neither iGambit Since January 1, 2020, neither Seller nor any of its Subsidiaries has received written notice or communication from any Person of any inquiry, proceeding or investigation by any Governmental Authority alleging or based upon a violation of any Legal Requirement by iGambit Seller or any of its Subsidiaries or that involves services furnished or data submitted by iGambit Seller or any of its Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (HealthLynked Corp)

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