Common use of DEFAULT UNDER AGREEMENTS Clause in Contracts

DEFAULT UNDER AGREEMENTS. The consummation of the transactions contemplated hereby shall not cause the Company to be in default under any material agreement or instrument to which it is a party or by which it or any of its properties are bound, the result of which could have a Company Material Adverse Effect.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Alloy Online Inc), Agreement and Plan of Reorganization (Cyberian Outpost Inc)

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DEFAULT UNDER AGREEMENTS. The consummation of the transactions ------------------------ contemplated hereby shall not cause the Company to be in default under any material agreement or instrument to which it is a party or by which it or any of its properties are bound, the result of which could have a Company Material Adverse Effect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Aristotle Corp), Agreement and Plan of Merger (Speechworks International Inc)

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DEFAULT UNDER AGREEMENTS. The consummation of the transactions contemplated hereby and by the Related Agreements shall not cause the Company or any Stockholder to be in default under any material agreement or instrument to which it or he is a party or by which it or he or any of its or his properties are bound, the result of which could have would result, respectively, in a Company Material Adverse EffectChange or any material adverse change in the businesses, conditions (financial or otherwise), assets, properties, operations, results of operations, prospects, affairs or Liabilities of such Stockholder.

Appears in 1 contract

Samples: Stock Purchase Agreement (A Consulting Team Inc)

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