Common use of Export and Import Control Laws Clause in Contracts

Export and Import Control Laws. (a) Each Company has at all times, conducted its export and import transactions in accordance with all applicable Export and Import Control Laws. Without limiting the foregoing, (i) each Company is in compliance with the terms of all applicable Export and Import Approvals; (ii) there are no pending or, to the Knowledge of Seller, threatened, claims, charges, investigations, violations, settlements, civil or criminal enforcement actions, lawsuits, or other court actions against either Company with respect to any Export and Import Control Laws; (iii) there are no actions, conditions or circumstances pertaining to either Company’s export or import transactions that may give rise to any future claims, charges, investigations, violations, settlements, civil or criminal actions, lawsuits, or other court actions under the Export and Import Control Laws; and (iv) no approval from a Governmental Entity is required for the transfer of Export and Import Approvals to Buyer, or such approvals can be obtained expeditiously without material cost. (b) Each Company has established and maintains a compliance program and reasonable internal controls and procedures appropriate to the requirements of Export and Import Control Laws. (c) Section 4.20 of the Disclosure Schedules sets forth the true, complete and accurate export control classifications, and all other similar relevant information applicable to each Company’s products, services, software and technologies.

Appears in 2 contracts

Samples: Rescission and Mutual Release Agreement (Life Clips, Inc.), Stock Purchase Agreement (Life Clips, Inc.)

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Export and Import Control Laws. (a) Each The Company has has, at all times, conducted its export and import transactions in accordance with all applicable Export and Import Control Laws. Without limiting the foregoing, : (i) each the Company is in compliance with the terms of all applicable Export and Import Approvals; (ii) there are no pending or, to the Knowledge of Sellerthe Company, threatened, threatened claims, charges, investigations, violations, settlements, civil or criminal enforcement actions, lawsuits, or other court actions Actions against either the Company with respect to any Export and Import Control Laws; (iii) there are no actionsActions, conditions or circumstances pertaining to either the Company’s export or import transactions that may give rise to any future claims, charges, investigations, violations, settlements, civil or criminal actions, lawsuits, or other court actions Actions under the Export and Import Control Laws; and (iv) no approval from a Governmental Entity is required for the transfer of Export and Import Approvals to BuyerParent are required, or such approvals can be obtained expeditiously without material cost. (b) Each The Company has established and maintains a compliance program and reasonable internal controls and procedures appropriate to the requirements of Export and Import Control Laws. (c) Section 4.20 2.25(c) of the Disclosure Schedules Schedule sets forth the true, correct and complete and accurate export control classifications, Harmonized Tariff Schedule Codes, and all other similar relevant information Schedule B Codes applicable to each the Company’s products, services, software and technologies.

Appears in 1 contract

Samples: Merger Agreement (Advent Software Inc /De/)

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Export and Import Control Laws. (a) Each The Company has at all times, conducted its their export and import transactions in accordance with all applicable Export and Import Control Laws. Without limiting the foregoing, : (i) each the Company is in compliance with the terms of all applicable Export and Import Approvals; (ii) there are no pending or, to the Knowledge of Seller’s Knowledge, threatened, threatened claims, charges, investigations, violations, settlements, civil or criminal enforcement actions, lawsuits, or other court actions against either the Company with respect to any Export and Import Control Laws; (iii) there are no actions, conditions or circumstances pertaining to either the Company’s export or import transactions that may give rise to any future claims, charges, investigations, violations, settlements, civil or criminal actions, lawsuits, or other court actions under the Export and Import Control Laws; and (iv) no approval from a Governmental Entity is required for the transfer of Export and Import Approvals to BuyerParent are required, or such approvals can be obtained expeditiously without material cost. (b) Each To the Knowledge of Sellers, the Company has established and maintains a compliance program and reasonable internal controls and procedures appropriate to the requirements of Export and Import Control Laws. (c) Section 4.20 To the Knowledge of the Disclosure Schedules Sellers, Schedule 4.27 sets forth the true, complete and accurate export control classifications, Harmonized Tariff Schedule Codes, and all other similar relevant information applicable to each the Company’s products, services, software and technologies.

Appears in 1 contract

Samples: Stock Purchase Agreement (Life Clips, Inc.)

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