Common use of Contracts and Other Instruments Clause in Contracts

Contracts and Other Instruments. (a) Schedule 2.7(A) hereto sets ------------------------------- --------------- forth a list of all contracts, agreements, instruments and leases to which Sellers, Stockholder or Executive is a party or by which it is bound, relating to the Business or the Purchased Assets or to which any of the Purchased Assets is subject (collectively, together with any contracts, agreements, instruments and leases entered into by Sellers with respect to the Business or the Purchased Assets between the date hereof and the Closing Date consistent with the terms of this Agreement, being herein called the "Contracts"). Sellers have provided Buyer --------- with a true and complete copy of each Contract. (b) Each of the Contracts constitutes the valid and binding obligation of Sellers and, to the best of Sellers' and Executive's knowledge, the other party thereto, and is in full force and effect. Sellers have performed and fulfilled all of their material obligations under each of such Contracts required to be performed as of the date hereof, is not in default or breach thereunder, and, to the knowledge of Sellers and Executive, no other party is in default or breach thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medical Resources Inc /De/)

AutoNDA by SimpleDocs

Contracts and Other Instruments. (a) Schedule 2.7(A) hereto sets ------------------------------- --------------- forth a list of all contracts, agreements, instruments and leases to which Sellers, Stockholder or Executive Seller is a party or by which it is bound, relating to the Business or the Purchased Assets or to which any of the Purchased Assets is subject (collectively, together with any contracts, agreements, instruments and leases entered into by Sellers Seller with respect to the Business or the Purchased Assets between the date hereof and the Closing Date consistent with the terms of this Agreement, being herein called the "Contracts"). Sellers have Seller has provided Buyer with --------- with a true and complete copy of each Contract. (b) Each of the Contracts constitutes the valid and binding obligation of Sellers Seller and, to the best of Sellers' and ExecutiveSeller's knowledge, the other party thereto, and is in full force and effect. Sellers have Seller has performed and fulfilled all of their material its obligations under each of such Contracts required to be performed as of the date hereof, is not in default or breach thereunder, and, to the knowledge of Sellers and ExecutiveSeller, no other party is in default or breach thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medical Resources Inc /De/)

Contracts and Other Instruments. (a) Schedule 2.7(A) hereto sets ------------------------------- --------------- forth a list of all contracts, agreements, instruments and leases to which Sellers, Stockholder Seller or Executive General Partner is a party or by which it is bound, relating to the Business or the Purchased Assets or to which any of the Purchased Assets is subject whereby there is a payment obligation of Seller or General Partner in excess of $300 per month (collectively, together with any contracts, agreements, instruments and leases entered into by Sellers Seller with respect to the Business or the Purchased Assets between the date hereof and the Closing Date consistent with the terms of this Agreement, being herein called the "Contracts"). Sellers have Seller --------- has provided Buyer --------- with a true and complete copy of each Contract. (b) Each of the Contracts constitutes the valid and binding obligation of Sellers Seller and, to the best of Sellers' Seller's and ExecutiveGeneral Partner's knowledge, the other party thereto, and is in full force and effect. Sellers have Seller has performed and fulfilled all of their material its obligations under each of such Contracts required to be performed as of the date hereof, is not in default or breach thereunder, and, to the knowledge of Sellers Seller and ExecutiveGeneral Partner, no other party is in default or breach thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medical Resources Inc /De/)

Contracts and Other Instruments. (a) Schedule 2.7(A) hereto sets ------------------------------- --------------- forth a list of all contracts, agreements, instruments and leases to which Sellers, Stockholder Seller or Executive any of the Stockholders is a party or by which it is bound, relating to the Business or the Purchased Assets or to which any of the Purchased Assets is subject (collectively, together with any contracts, agreements, instruments and leases entered into by Sellers Seller with respect to the Business or the Purchased Assets between the date hereof and the Closing Date consistent with the terms of this Agreement, being herein called the "Contracts"). Sellers have Seller has provided Buyer --------- with a true and complete copy of each Contract. (b) Each of the Contracts constitutes the valid and binding obligation of Sellers Seller and, to the best of SellersSeller's and Stockholders' and Executive's knowledge, the other party thereto, and is in full force and effect. Sellers have Seller has performed and fulfilled all of their material its obligations under each of such Contracts required to be performed as of the date hereof, is not in default or breach thereunder, and, to the knowledge of Sellers Seller and Executivethe Stockholders, no other party is in default or breach thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medical Resources Inc /De/)

AutoNDA by SimpleDocs

Contracts and Other Instruments. (a) Schedule 2.7(A) 2.8 hereto sets ------------------------------- --------------- forth a list of all contracts, agreements, ------------ instruments and leases to which Sellersthe Seller or Stockholder, Stockholder on behalf or Executive is for the benefit of the Seller, are a party or by which it is they are bound, relating to the Business or the Purchased Assets or to which any of the Purchased Assets is are subject (collectively, together with any contracts, agreements, instruments and leases entered into by Sellers the Seller or Stockholder with respect to the Business or the Purchased Assets between the date hereof and the Closing Date consistent with the terms of this Agreement, being herein called the "Contracts"). Sellers The Seller and Stockholder have provided Buyer --------- with a --------- true and complete copy of each Contract. (b) Each of the Contracts constitutes the valid and binding obligation of Sellers the Seller and/or Stockholder and, to the best of Sellers' the Seller's and ExecutiveStockholder's knowledge, the other party thereto, and is in full force and effect. Sellers The Seller and/or Stockholder have performed and fulfilled all of their material obligations under each of such Contracts required to be performed as of the date hereof, is are not in default or breach thereunder, and, to the knowledge of Sellers the Seller and ExecutiveStockholder, no other party is in default or breach thereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medical Resources Inc /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!