Common use of Compliance with Laws; No Defaults Clause in Contracts

Compliance with Laws; No Defaults. (a) Except as set forth on Schedule 2.23(a), Seller is not (i) in violation of any statute, law, rule or regulation or any judgment, order, writ, injunction or decree of any court or Governmental Authority to which the Assets are or the Business is subject, or (ii) to Seller’s Knowledge, subject to any claim asserted by any Governmental Authority that the Assets are or the Business is in violation of any legal requirement.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Argo Digital Solutions Inc), Asset Purchase Agreement (rVue Holdings, Inc.), Asset Purchase Agreement (Zvue Corp)

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Compliance with Laws; No Defaults. (a) Except as set forth on Schedule 2.23(a2.20(a), Seller is not (i) is in violation of compliance in all material respects with any applicable statute, law, rule or regulation or any judgment, order, writ, injunction or decree of any court or Governmental Authority to which the Assets are or the Business is subject, or and (ii) to Seller’s Knowledge, is not subject to any claim asserted by any Governmental Authority that the Assets are or the Business is in violation of any legal requirement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Eclips Media Technologies, Inc.)

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