Consents; Renewals; Defaults Clause Samples

Consents; Renewals; Defaults. The Company has not received any notice or other information indicating (i) that any of the Contracts set forth in the attached Schedule 4.14(a) will not be renewed upon expiration or (ii) that with respect to any Contract set forth in the attached Schedule 4.14(a) requiring consent as a result of the transactions contemplated by this Agreement, the party whose consent is required will not give that consent. The Company is not in default under any contract, lease, agreement or other commitment to which it is a party or by which it may be bound, and there has not occurred any event which with the lapse of time or giving of notice or both would constitute such a default by the Company. The Contracts are valid and binding in accordance with their respective terms and are in full force and effect without any default, waiver or indulgence thereunder by the Company, or, to the knowledge of the Sellers, by any other party thereto.

Consents; Renewals; Defaults. The Company has not received any notice or other written information indicating (i) that any Contracts will not be renewed upon expiration or (ii) that with respect to any Contract requiring consent as a result of the transactions contemplated by this Agreement, the party whose consent is required will not give that consent. The Company is not in default under any of the Contracts, and there has not occurred any event which with the lapse of time or giving of notice or both would constitute such a default by the Company. The Shareholder the Contracts are valid and binding in accordance with their respective terms and are in full force and effect without any default, waiver or indulgence thereunder by the Company, or, to the Knowledge of each Shareholder, by any other party thereto.

Consents; Renewals; Defaults. TDI has not received any notice or other written information indicating (i) that any of the Contracts set forth in the attached Schedule 4.14(a) will not be renewed upon expiration or (ii) that with respect to any Contract set forth in the attached Schedule 4.14(a) requiring consent as a result of the transactions contemplated by this Agreement (including without limitation those consents set forth on Schedule 4.1(c) attached hereto), the party whose consent is required will not give that consent. TDI is in default under any of the Contracts, and there has not occurred any event which with the lapse of time or giving of notice or both would constitute such a default by TDI. The Contracts are valid and binding in accordance with their respective terms and are in full force and effect without any default, waiver or indulgence thereunder by TDI, or, to the Knowledge of IHLLC or Pardos, by any other party thereto.

Consents; Renewals; Defaults. Except as set forth in Schedule 5.11(c) of the Disclosure Schedules, neither the Company nor Subsidiaries have received any notice or other written information indicating (i) that any of the Contracts set forth in the attached Schedule 5.11(a) of the Disclosure Schedules will not be renewed upon expiration or (ii) that with respect to any Contract set forth in the attached Schedule 5.11(a) QB\136339.00047\18274478.12 of the Disclosure Schedules requiring Consent as a result of the transactions contemplated by this Agreement (including without limitation those Consents set forth on Schedule 5.1(b) of the Disclosure Schedules), the party whose Consent is required will not give that Consent. Neither the Company nor Subsidiaries are in default under any of the Contracts set forth on Schedule 5.11(a) of the Disclosure Schedules, and there has not occurred any event which with the lapse of time or giving of notice or both would constitute such a default by the Company or Subsidiaries.