Covenant of Buyer. Buyer hereby covenants to Seller that it shall not take any action which is materially inconsistent with its obligations under this Agreement that it shall notify Seller of any litigation or administrative proceeding pending or, to Buyer's knowledge, threatened against Buyer that challenges the transactions contemplated hereby. Buyer agrees that the compliance with this covenant in all material respects shall be a condition to Seller's obligations hereunder.
Appears in 5 contracts
Samples: Asset Purchase Agreement (eSavingsStore.com, Inc.), Acquisition Agreement (DigiCurve, Inc.), Asset Purchase Agreement (Eastern Exploration CO)
Covenant of Buyer. Buyer hereby covenants to Seller that it shall not take any action which is materially inconsistent with its obligations under this Agreement Agreement, and that it shall notify Seller of any litigation or administrative proceeding pending or, to Buyer's ’s knowledge, threatened against Buyer that challenges the transactions contemplated hereby. Buyer agrees that the compliance with this covenant in all material respects shall be a condition to Seller's ’s obligations hereunder.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Deltron, Inc.), Asset Purchase Agreement (Uranium Plus Resource Corp.)
Covenant of Buyer. Buyer hereby covenants to Seller that it shall not take any action which is materially inconsistent with its obligations under this Agreement that it shall notify Seller of any litigation or administrative proceeding pending or, to Buyer's ’s knowledge, threatened against Buyer that challenges the transactions contemplated hereby. Buyer Xxxxx agrees that the compliance with this covenant in all material respects shall be a condition to Seller's ’s obligations hereunder.
Appears in 1 contract
Samples: Asset Purchase Agreement
Covenant of Buyer. Buyer hereby covenants to Seller that it shall not take any action which is materially inconsistent with its obligations under this Agreement that it shall notify Seller of any litigation or administrative proceeding pending or, to Buyer's knowledge, threatened against Buyer that challenges the transactions contemplated hereby. Buyer agrees that the compliance with compliancx xxxh this covenant in all material respects shall be a condition to Seller's obligations hereunder.
Appears in 1 contract
Covenant of Buyer. Buyer hereby covenants to Seller that it shall not take any action which is materially inconsistent with its obligations under this Agreement that it shall notify Seller of any litigation or administrative proceeding pending or, to Buyer's ’s knowledge, threatened against Buyer that challenges the transactions contemplated hereby. Buyer agrees that the compliance with this covenant in all material respects shall be a condition to Seller's ’s obligations hereunder.
Appears in 1 contract
Samples: Asset Purchase Agreement