Export Matters. Except as set forth in Section 3.22 of the Disclosure Letter or as has not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, the Company and its Subsidiaries are, and have at all times from January 1, 2014 been, in compliance with applicable United States and foreign export control laws and regulations and with the economic sanctions laws administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC Sanctions Regulations”). Without limiting the foregoing, there are no pending claims or, to the Knowledge of the Company, there are no threatened claims or pending or threatened investigations by any Governmental Authority of potential violations against the Company or any of its Subsidiaries with respect to OFAC Sanctions Regulations, the Export Administration Regulations maintained by the U.S. Department of Commerce, or the International Traffic in Arms Regulations maintained by the U.S. Department of State that would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Merger Agreement (Keysight Technologies, Inc.), Merger Agreement (Ixia)
Export Matters. Except as set forth in Section 3.22 3.23 of the Disclosure Letter Schedule or as has not had and would not reasonably be expected to havebe material to the Company and its Subsidiaries, individually or in the aggregate, taken as a Material Adverse Effectwhole, the Company and its Subsidiaries are, and have been at all times from January 1, 2014 been2015, in compliance with applicable United States and foreign export control laws Laws and regulations and with the various applicable economic sanctions laws Laws administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC Sanctions Regulations”). Without limiting Treasury, the foregoingUnited Nations Security Council, there are no pending claims or, to the Knowledge of the Company, there are no threatened claims European Union or pending or threatened investigations by any Governmental Authority of potential violations against the Company or any of its Subsidiaries with respect to OFAC Sanctions RegulationsHer Majesty’s Treasury, the Export Administration Regulations maintained by the U.S. Department of Commerce, or the International Traffic in Arms Regulations maintained by the U.S. Department of State that would reasonably be expected (“Export and Sanctions Regulations”). There are no pending or, to havethe Knowledge of the Company, individually threatened claims or in investigations by any Governmental Authority of potential violations against the aggregate, a Material Adverse EffectCompany or any of its Subsidiaries with respect to Export and Sanctions Regulations.
Appears in 2 contracts
Samples: Merger Agreement (B. Riley Financial, Inc.), Merger Agreement (Magicjack Vocaltec LTD)