Contracts; Commitments. Except as set forth in Exhibit 4.13 hereto, the Company is not a party to (i) any employment or consulting contracts, (ii) any contracts or commitments (or group of related contracts or commitments) involving more than $5,000 or having a term (including renewals or extensions optional with another party) of more than one (1) year from the date thereof, or (iii) any agreements, contracts, leases, licenses, instruments, commitments (oral or written), indebtedness, liabilities and other obligations to which the Company is a party or by which it is bound that (A) involve any of the officers, directors or shareholder of the Company or (B) are otherwise material to the conduct and operations of the Company's business and properties. All of the contracts and commitments listed on Exhibit 4.13 are in full force and neither the Company nor, to the best knowledge of the Company, any other party to any such contracts or commitments is in default of any material covenant or obligation thereunder.
Contracts; Commitments. Except as set forth in Exhibit 4.13 hereto, the Company is not a party to (i) any employment or consulting contracts (other than employment at will) (ii) or any contracts or commitments (or group of related contracts or commitments) involving more than [$50,000] or having a term (including renewals or extensions optional with another party) of more than one (1) year from the date thereof; all of the contracts and commitments listed on Exhibit 4.13 are in full force and neither the Company nor, to the best knowledge of the Company, any other party to any such contracts or commitments is in default of any material covenant or obligation thereunder.
Contracts; Commitments. Except as set forth on Schedule 6(g), to the best of Buyer's and the Addixxxxx Xxxup's knowledge, there are no contracts, commitments or agreements (whether written or oral) to which the Seller or any affiliate of the Seller (other than the Companies) is a party pertaining to management consulting and employment agreements, finder's fees, broker's or commission agreements, bonuses, or any binding agreements or commitments to enter into same.
Contracts; Commitments. (a) (i) The following accounts payable of WBSI will remain obligations of WBSI at the Closing: 808 Partners 256,561.40 256,561.40 Cxxx Xxxxxxxx 3,000.00 3,000.00 CPA Global 4,551.05 4,551.05 Pacific Stock Transfer 0.00 75.00 WhyEquities 47,500.00 47,500.00 6.8(a)(v)(A) The following referenced document reflects an agreement or undertaking pursuant to which Rxxxxxx X. Day II is owed money by WBSI:
1. Promissory Note dated March 15, 2021, issued by WBSI to Rxxxxxx X. Day II, with a balance at the Closing in the approximate amount of $221,990.
Contracts; Commitments. 9.1 No Group Company is a party to or subject to any contract or commitment of a nature which is onerous or unusual and which has been entered into other than in the ordinary course of business.
9.2 The Warrantors are not aware of the invalidity or grounds for rescission, avoidance or repudiation of any material agreement or other material transaction to which any Group Company is a party or any circumstances likely to give rise to the same and no Group Company has received notice of any intention to terminate any such agreement or repudiate or disclaim any such transaction and, so far as the Company is aware, no material contract or arrangement to which any Group Company is a party will be determined or adversely affected as a result of Admission and/or the Placing.
9.3 No Group Company is a party to any restrictive trading or other agreement or arrangement which in any way infringes, or which has or should have been registered or notified under UK competition laws, Article 81 or 82 of the Treaty of Rome or any other applicable anti trust or anti monopoly legislation.
Contracts; Commitments. Except as set forth in Exhibit 4.13 hereto, the Company is not a party to (i) any employment or consulting contracts, (ii) any contracts or commitments (or group of related contracts or commitments) involving more than $5,000 or having a term (including renewals or extensions optional with another party) of more than one (1) year from the date thereof, or (iii) any agreements, contracts, leases, licenses, instruments,
Contracts; Commitments. Other than in connection with the EBS Credit Documents, EBS is not required to pay or incur costs in excess of $5,000 pursuant to any contracts or commitments.
Contracts; Commitments. The CORPORATIONS and their assets are not subject, as of the Effective Time, to any contracts or commitments except as follows:
2.9.1 The liabilities of the CORPORATIONS as appear from financial statements.
Contracts; Commitments. To Seller’s knowledge, neither MSI, Xxxx Marketing, Electronic Accessories nor the TMP Direct business unit is in default under any contract or commitment, except where such default would not be reasonably expected to result in a material adverse effect on the TMP Direct business unit. To Seller’s knowledge, no other party is in default under any contract or commitment with MSI, Xxxx Marketing, Electronic Accessories or the TMP Direct business unit, which default would reasonably be expected to have a material adverse effect on the TMP Direct business unit.
Contracts; Commitments that save with the written consent of the Lender, the Borrower will not enter into or amend any contract or incur any commitment which is not capable of being terminated without compensation at any time with three months' notice or less and which is not in the ordinary and usual course of business and which involves or may involve total annual expenditure in excess of US$250,000.00 in each case:
