Compliance with Leases and Agreements. To the best of the information, knowledge and belief of the Vendor, no act or omission has occurred whereby the Vendor is, or would be, in default under the terms of the Regulations, any Lease or any agreement pertaining to the Assets;
Appears in 5 contracts
Samples: Asset Purchase Agreement (Samoyed Energy Corp), Rescission Agreement (Capital Reserve Canada LTD), Asset Purchase Agreement (Capital Reserve Canada LTD)
Compliance with Leases and Agreements. To the best of the information, knowledge and belief of the Vendor, no act or omission has occurred whereby the Vendor is, or would be, in default under the terms of the Regulations, any Lease or any agreement pertaining to the Assets, where such a default would impact materially and adversely upon the Assets, or any of them;
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Cotton Valley Resources Corp), Purchase and Sale Agreement (Geocan Energy Inc)