Common use of Government Contracts and Bids Clause in Contracts

Government Contracts and Bids. (a) Schedule 3.14(a) lists, with respect to the Company and each of its Subsidiaries, as applicable, all: (i) Government Contracts the period of performance of which has not yet expired or terminated or is subject to audit in accordance with its terms or for which final payment has not yet been received (the “Current Government Contracts”); (ii) quotations, bids and proposals for awards of new Government Contracts made by the Company or its Subsidiaries for which no award has been made and for which the Company believes there is a reasonable prospect that such an award to the Company or any of its Subsidiaries may yet be made (the “Government Contract Bids”); and (iii) Government Contracts pursuant to which the Company or any of its Subsidiaries is currently or is reasonably expected to experience cost, schedule, technical or quality problems that is reasonably expected to result in a claim or claims against the Company or any of its Subsidiaries (or its successors in interest) by a Governmental Authority, a prime contractor or a higher-tier subcontractor, in each case, except as would not result in suspension, debarment or economic damages greater than $25,000. With respect to each Current Government Contract, Schedule 3.14(a) accurately lists (A) the contract number, (B) the award date and (C) the contract end date. With respect to each such Government Contract Bid, Schedule 3.14(a) accurately lists: (A) the request for proposal (RFP) number or, if such Government Contract Bid is for a task order under a prime contract, the applicable prime contract number; (B) the date of proposal submission; (C) the expected award date, if known; (D) the estimated period of performance; and (E) the estimated value based on the proposal, if any. The Company has delivered to Parent true and complete copies of all Current Government Contracts and of all Government Contract Bids, including any and all amendments and other modifications thereto and has provided Parent with access to true and correct copies of all documentation related thereto requested by Parent. All of the Current Government Contracts were legally awarded, are binding on the parties thereto, and are in full force and effect. The Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are not currently the subject of bid or award protest Proceedings, and to the Knowledge of the Company, no such Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are reasonably likely to become the subject of bid or award protest Proceedings. No Person has notified the Company or any of its Subsidiaries in writing or, to the Knowledge of the Company, orally that any Governmental Authority, prime contractor or higher-tier subcontractor under a Current Government Contract intends to seek the Company’s or any of its Subsidiaries’ agreement to lower rates under such Current Government Contract or Government Contract Bids, including any task order under any Government Contract Bids.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chart Acquisition Corp.)

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Government Contracts and Bids. (aSchedule 3.22(a) Schedule 3.14(a) lists, with respect to the Company and each of its Subsidiaries, as applicable, lists all: (i) Government Contracts the period of performance of which has not yet expired or terminated or is subject to audit in accordance with its terms or and for which final payment has not yet been received and there is a reasonable likelihood of payment or financial liability greater than Fifty Thousand dollars ($50,000) thereunder (the “Current Government Contracts”); (ii) quotations, bids and proposals for awards of new Government Contracts made by the Company or its Subsidiaries for which no award has been made and for which the Company believes there is a reasonable prospect that such an award to the Company or any of its Subsidiaries may yet be made (the “Government Contract Bids”); and (iii) Government Contracts pursuant to which the Company or any of its Subsidiaries is currently or is reasonably expected likely to experience cost, schedule, technical or quality problems that is reasonably expected to could result in a claim or claims against the Company or any of its Subsidiaries (or its successors in interest) in the amount of Fifty Thousand dollars ($50,000) or more by a Governmental AuthorityEntity, a prime contractor or a higher-tier subcontractor, in each case, except as would not result in suspension, debarment or economic damages greater than $25,000. With respect to each Current Government Contract, Schedule 3.14(a3.22(a) accurately lists (A) the contract number, ; (B) the award date and (C) the performance period, if any. Attached to Schedule 3.22(a) is the “contract end datedata sheet” for each current Government Contract listed on such Schedule 3.22(a). With respect to each such Government Contract Bid, Schedule 3.14(a3.22(a) accurately lists: (A) the request for proposal (RFP) number or, if such Government Contract Bid is for a task order under a prime contract, the applicable prime contract number; , (B) the date of proposal submission; (C) the expected award date, if known; and (D) the estimated period of performance; and (E) the estimated value based on the proposal, if any. The Company has delivered made available to Parent Buyer true and complete copies of all Current Government Contracts and of all Government Contract Bids, including any and all amendments and other modifications thereto and has provided Parent with access to Buyer to true and correct copies of all documentation related thereto requested by ParentBuyer to the extent such delivery is permitted under applicable Law and any applicable confidentiality or security or other applicable restrictions. All To the Company’s Knowledge, except as described in Schedule 3.22(a), all of the Current Government Contracts were legally awarded, are binding on the parties thereto, and are in full force and effect. The Except as set forth in Schedule 3.22(a), the Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are not currently the subject of bid or award protest Proceedingsproceedings, and and, to the Knowledge of the Company’s Knowledge, no such Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are reasonably likely to become the subject of bid or award protest Proceedings. No proceedings and no Person has notified the Company or any of its Subsidiaries in writing or, to the Knowledge of the Company, orally that any Governmental AuthorityEntity, prime contractor or higher-tier subcontractor under a Current Government Contract intends to seek the Company’s or any of its Subsidiaries’ agreement to lower rates under such Current any of the Government Contract Contracts or Government Contract Bids, including but not limited to any task order under any Government Contract Bids.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mantech International Corp)

Government Contracts and Bids. (a) Schedule 3.14(a) lists, with respect to the Company and each of its Subsidiaries, as applicable, lists all: (i) Government Contracts the period of performance of which has not yet expired or terminated or is subject to audit in accordance with its terms or for which final payment has not yet been received and there is a reasonable likelihood of payment or financial liability greater than $500,000 thereunder (the “Current Government Contracts”); (ii) quotations, bids and proposals for awards of new Government Contracts in excess of $500,000 made by the Company or its Subsidiaries for which no award has been made and for which the Company believes there is a reasonable prospect that such an award to the Company or any of its Subsidiaries may yet be made (the “Government Contract Bids”); and (iii) Government Contracts pursuant to which the Company or any of its Subsidiaries is currently or or, to the Company’s Knowledge, is reasonably expected likely to experience cost, schedule, technical or quality problems that is reasonably expected to could result in a claim or claims against the Company or any of its Subsidiaries (or its successors in interest) in the amount of $500,000 or more by a Governmental AuthorityEntity, a prime contractor or a higher-tier subcontractor, in each case, except as would not result in suspension, debarment or economic damages greater than $25,000. With respect to each Current Government Contract, Schedule 3.14(a) accurately lists (A) the contract number, (B) the award date and (C) the contract end date. With respect to each such Government Contract Bid, Schedule 3.14(a) accurately lists: (A) the request for proposal (RFP) number or, if such Government Contract Bid is for a task order under a prime contract, the applicable prime contract number; (B) the date of proposal submission; (C) the expected award date, if known; (D) the estimated period of performance; and (E) the estimated value based on the proposal, if any. The Company has delivered made available to Parent the Buyer true and complete copies of all Current Government Contracts and of all Government Contract BidsBids in the amount of $500,000 or more, including any and all amendments and other modifications thereto requested by Buyer, except in those cases where the Company is obligated by agreement with third parties and/or by law to withhold information which the third party has identified as proprietary and confidential, in which cases the Company has provided (i) express written notice to the Buyer that it is withholding information pursuant to such obligation, and (ii) the Buyer with such information regarding such Government Contracts and Government Contract Bids that the Company is permitted to disclose, and has provided Parent the Buyer with access to true and correct copies of all documentation related thereto requested by Parentthe Buyer. All of the Current Government Contracts were were, to the Company’s Knowledge, legally awarded, and are binding on the parties thereto, thereto and are in full force and effect. The Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are not currently not, as of the date of this Agreement, the subject of bid or award protest Proceedingsproceedings, and and, to the Knowledge of the Company’s Knowledge, no such Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are reasonably likely to become the subject of bid or award protest Proceedings. No proceedings and no Person has notified the Company or any of its Subsidiaries in writing or, to the Knowledge of the Company, orally that any Governmental Government Authority, prime contractor or higher-tier subcontractor under a Current Government Contract intends to seek the Company’s or any of its Subsidiaries’ agreement to lower rates under such Current any of the Government Contract Contracts or Government Contract Bids, including including, without limitation, any task order under any Government Contract Bids.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mantech International Corp)

Government Contracts and Bids. (a) Schedule 3.14(a3.14(a)(i) lists, with respect to the Company and each of its Subsidiaries, as applicable, lists all: (i) Government Contracts the period of performance of which has not yet expired or terminated or is subject to audit in accordance with its terms or and for which final payment has not yet been received and there is a reasonable likelihood of payment or financial liability greater than Fifty Thousand Dollars ($50,000) (the “Current Government Contracts”); (ii) quotations, bids and proposals for awards of new Government Contracts made by the Company or its Subsidiaries for which no award has been made and for which the Company believes there is a reasonable prospect that such an award to the Company or any of its Subsidiaries may yet be made (the “Government Contract Bids”); and (iii) Government Contracts pursuant to which the Company or any of its Subsidiaries is currently experiencing or is reasonably expected likely to experience cost, schedule, technical or quality problems that is reasonably expected to could result in a claim or claims against the Company or any of its Subsidiaries (or its successors in interest) in an amount of Fifty Thousand Dollars ($50,000) or more by a Governmental Authority, a prime contractor or a higher-tier subcontractor, in each case, except as would not result in suspension, debarment or economic damages greater than $25,000. With respect to each Current Government Contract, Schedule 3.14(a3.14(a)(i) accurately lists (A) the contract number, (B) the award date and date, (C) the contract end datedate (assuming all options are exercised) and (D) the applicable NAICS Code. With respect to each such Government Contract Bid, Schedule 3.14(a3.14(a)(i) accurately lists: (A) the request for proposal (RFP) number or, if such Government Contract Bid is for a task order under a prime contract, the applicable prime contract number; (B) the date of proposal submission; (C) the expected award date, if known; (D) the estimated period of performance; and (E) the estimated value based on the proposal, if any; and (F) if the Seller Parties have Actual Knowledge thereof, the applicable NAICS Code. The Company has delivered made available to Parent the Buyer true and complete copies of all Current Government Contracts and of all Government Contract Bids, including any and all amendments and other modifications thereto thereto, and has provided Parent the Buyer with access to true and correct copies of all documentation related thereto requested by Parentthe Buyer. All Except as described in Schedule 3.14(a)(ii), all of the Current Government Contracts were legally awarded, are binding on the parties thereto, and are in full force and effect. The Except as set forth on Schedule 3.14(a)(iii), the Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are not currently the subject of bid or award protest Proceedingsproceedings, and and, to the Knowledge of the Companyany Seller Party, no such Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are reasonably likely to become the subject of bid or award protest Proceedings. No proceedings, and no Person has notified the Company or any of its Subsidiaries in writing or, to the Knowledge of the Company, orally that any Governmental Authority, prime contractor or higher-tier subcontractor under a Current Government Contract intends to seek the Company’s or any of its Subsidiaries’ agreement to lower rates under such Current any of the Government Contract Contracts or Government Contract Bids, including including, without limitation, any task order under any Government Contract Bids.

Appears in 1 contract

Samples: And Restated Purchase Agreement (Global Defense Technology & Systems, Inc.)

Government Contracts and Bids. (a) Schedule 3.14(a) lists, with respect to the Company and each of its Subsidiaries, as applicable, all: (i) Government Contracts the period of performance of which has not yet expired or terminated or is subject to audit in accordance with its terms or for which final payment has not yet been received (the “Current Government Contracts”); (ii) quotations, bids and proposals for awards of new Government Contracts made by the Company or its Subsidiaries for which no award has been made and for which the Company believes there is a reasonable prospect that such an award to the Company or any of its Subsidiaries may yet be made (the “Government Contract Bids”); and (iii) Government Contracts pursuant to which the Company or any of its Subsidiaries is currently or is reasonably expected to experience cost, schedule, technical or quality problems that is reasonably expected to result in a claim or claims against the Company or any of its Subsidiaries (or its successors in interest) by a Governmental Authority, a prime contractor or a higher-tier subcontractor, in each case, except as would not result in suspension, debarment or economic damages greater than $25,000100,000. With respect to each Current Government Contract, Schedule 3.14(a) accurately lists (A) the contract number, (B) the award date and (C) the contract end date. With respect to each such Government Contract Bid, Schedule 3.14(a) accurately lists: (A) the request for proposal (RFP) number or, if such Government Contract Bid is for a task order under a prime contract, the applicable prime contract number; (B) the date of proposal submission; (C) the expected award date, if known; (D) the estimated period of performance; and (E) the estimated value based on the proposal, if any. The Company has delivered to Parent the Buyer true and complete copies of all Current Government Contracts and of all Government Contract Bids, including any and all amendments and other modifications thereto and has provided Parent the Buyer with access to true and correct copies of all documentation related thereto requested by Parentthe Buyer. All of the Current Government Contracts were legally awarded, are binding on the parties thereto, and are in full force and effect. The Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are not currently the subject of bid or award protest Proceedings, and to the Knowledge of the Company, no such Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are reasonably likely to become the subject of bid or award protest Proceedings. No Person has notified the Company or any of its Subsidiaries in writing or, to the Knowledge of the Company, orally that any Governmental Authority, prime contractor or higher-tier subcontractor under a Current Government Contract intends to seek the Company’s or any of its Subsidiaries’ agreement to lower rates under such Current Government Contract or Government Contract Bids, including any task order under any Government Contract Bids.

Appears in 1 contract

Samples: Equity Transfer and Acquisition Agreement (Chart Acquisition Corp.)

Government Contracts and Bids. (a) Schedule 3.14(a3.15(a) lists, with respect to the Company and each of its Subsidiaries, as applicable, all: (i) Government Contracts the period of performance of which has not yet expired or terminated or is subject to audit in accordance with its terms has not yet been closed or for which final payment has not yet been received (the “Current Government Contracts”); and (ii) quotations, bids and proposals for awards of new Government Contracts made by the Company or its Subsidiaries for which no award has been made and for which the Company believes there is a reasonable prospect that such an award to the Company or any of its Subsidiaries may yet be made (the “Government Contract Bids”); and (iii) Government Contracts pursuant to which the Company or any of its Subsidiaries is currently or is reasonably expected to experience cost, schedule, technical or quality problems that is reasonably expected to result in a claim or claims against the Company or any of its Subsidiaries (or its successors in interest) by a Governmental Authority, a prime contractor or a higher-tier subcontractor, in each case, except as would not result in suspension, debarment or economic damages greater than $25,000. With respect to each Current Government Contract, Schedule 3.14(a3.15(a) accurately lists (A) the contract number, (B) the award date and (C) the contract end date. With respect to each such Government Contract Bid, Schedule 3.14(a3.15(a) accurately lists: (A) the request for proposal (RFP) number or, if such Government Contract Bid is for a task order under a prime contract, the applicable prime contract number; (B) the date of proposal submission; (C) the expected award date, if known; (D) the estimated period of performance; and (E) the estimated value based on the proposal, if any. The Company has delivered made available to Parent the Buyer true and complete copies of all Current Government Contracts and of all Government Contract Bids, including any and all amendments and other modifications thereto thereto, and has provided Parent the Buyer with access to true and correct copies of all documentation related thereto requested by Parentthe Buyer, to the extent permitted by Law. All of the Current Government Contracts were legally awarded, are binding on the parties thereto, and are in full force and effect. The Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are not currently the subject of bid or award protest Proceedings, and to the Knowledge of the Company, and no such Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are reasonably likely to become the subject of bid or award protest Proceedings. No Person has notified the Company or any of its Subsidiaries in writing or, to the Knowledge of the Company, orally that any Governmental Authority, prime contractor or higher-tier subcontractor under a Current Government Contract intends to seek the Company’s or any of its Subsidiaries’ agreement to lower rates under such Current Government Contract or Government Contract Bids, including any task order under any Government Contract Bids.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Defense & National Security Systems, Inc.)

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Government Contracts and Bids. Schedule 3.12 (a) Schedule 3.14(a) lists, with respect to the Company and each of its Subsidiaries, as applicable, lists all: (i) Government Contracts the period of performance of which has not yet expired or terminated or is subject to audit in accordance with its terms or and for which final payment has not yet been received and there is a reasonable likelihood of payment or financial liability greater than $500,000 thereunder (the “Current Government Contracts”); (ii) quotations, bids and proposals for awards of new Government Contracts in the amount of $500,000 or more made by the Company or its Subsidiaries for which no award has been made and for which the Company believes there is a reasonable prospect that such an award to the Company or any of its Subsidiaries may yet be made (the “Current Government Contract Bids”); and (iii) Current Government Contracts pursuant to which the Company or any of its Subsidiaries is currently or is reasonably expected to experience now experiencing cost, schedule, technical or quality problems that is would reasonably be expected to result in a claim or claims against liability of the Company or any of its Subsidiaries (or its successors in interest) by in the amount of $500,000 or more to a Governmental AuthorityBody, a prime contractor or a higher-tier subcontractor, in each case, except as would not result in suspension, debarment or economic damages greater than $25,000. With respect to each Current Government Contract, Schedule 3.14(a3.12(a) accurately lists (A) the contract number, ; (B) the award date and (C) the contract end date. With respect to each such Current Government Contract Bid, Schedule 3.14(a3.12(a) accurately lists: (A) the request for proposal (RFP) number or, if such Government Contract Bid is for a task order under a prime contract, the applicable prime contract number; (B) the date of proposal submissionsubmission of the Current Government Contract Bid; (C) the expected award date, if known; (D) the estimated period of performance; and (E) the estimated value based on the proposal, if any. The Company has delivered made available to Parent Buyer true and complete copies of all Current Government Contracts and of all Current Government Contract Bids, including any and all amendments and other modifications thereto and has provided Parent with access to Buyer to true and correct copies of all documentation related thereto requested by ParentBuyer, except where the Company is precluded from doing so under applicable Government security restrictions, if any. All Except as described in Schedule 3.12(a), to the Company’s Knowledge, all of the Current Government Contracts were legally awarded, are binding on the parties thereto, and are in full force and effect. The Except as set forth in Schedule 3.12(a), the Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are not currently not, as of the date of this Agreement, the subject of bid or award protest Proceedingsproceedings, and to the Knowledge of the Company, no such Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are reasonably likely to become the subject of bid or award protest Proceedings. No Person has notified the Company or any of its Subsidiaries in writing or, to the Knowledge of the Company, orally that any Governmental AuthorityBody, prime contractor or higher-tier subcontractor under a Current Government Contract intends to seek the Company’s or any of its Subsidiaries’ agreement to lower rates under such Current any of the Government Contract or Government Contract Bids, including any task order under any Government Contract BidsContracts.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mantech International Corp)

Government Contracts and Bids. (a) Schedule 3.14(a3.14(a)(i) lists, with respect to the Company and each of its Subsidiaries, as applicable, lists all: (i) Government Contracts the period of performance of which has not yet expired or terminated or is subject to audit in accordance with its terms or and for which final payment has not yet been received and there is a reasonable likelihood of payment or financial liability greater than Fifty Thousand Dollars ($50,000) (the “Current Government Contracts”); (ii) quotations, bids and proposals for awards of new Government Contracts made by the Company or its Subsidiaries for which no award has been made and for which the Company believes there is a reasonable prospect that such an award to the Company or any of its Subsidiaries may yet be made (the “Government Contract Bids”); and (iii) Government Contracts pursuant to which the Company or any of its Subsidiaries is currently experiencing or is reasonably expected likely to experience cost, schedule, technical or quality problems that is reasonably expected to could result in a claim or claims against the Company or any of its Subsidiaries (or its successors in interest) in an amount of Fifty Thousand Dollars ($50,000) or more by a Governmental Authority, a prime contractor or a higher-tier subcontractor, in each case, except as would not result in suspension, debarment or economic damages greater than $25,000. With respect to each Current Government Contract, Schedule 3.14(a3.14(a)(i) accurately lists (A) the contract number, (B) the award date and (C) the contract end date. Attached to Schedule 3.14(a)(i) is the “contract data sheet” for each Current Government Contract listed on such Schedule 3.14(a)(i). With respect to each such Government Contract Bid, Schedule 3.14(a3.14(a)(i) accurately lists: (A) the request for proposal (RFP) number or, if such Government Contract Bid is for a task order under a prime contract, the applicable prime contract number; (B) the date of proposal submission; (C) the expected award date, if known; (D) the estimated period of performance; and (E) the estimated value based on the proposal, if any. The Company has delivered to Parent the Buyer true and complete copies of all Current Government Contracts and of all Government Contract Bids, including any and all amendments and other modifications thereto thereto, and has provided Parent the Buyer with access to true and correct copies of all documentation related thereto requested by Parentthe Buyer. All Except as described in Schedule 3.14(a)(ii), all of the Current Government Contracts were legally awarded, are binding on the parties thereto, and are in full force and effect. The Except as set forth on Schedule 3.14(a)(iii), the Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are not currently the subject of bid or award protest Proceedingsproceedings, and and, to the Knowledge knowledge of the Companyany Seller Party, no such Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are reasonably likely to become the subject of bid or award protest Proceedings. No proceedings, and no Person has notified the Company or any of its Subsidiaries in writing or, to the Knowledge of the Company, orally that any Governmental Authority, prime contractor or higher-tier subcontractor under a Current Government Contract intends to seek the Company’s or any of its Subsidiaries’ agreement to lower rates under such Current any of the Government Contract Contracts or Government Contract Bids, including including, without limitation, any task order under any Government Contract Bids.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Defense Technology & Systems, Inc.)

Government Contracts and Bids. (a) Schedule 3.14(a) lists, with respect to the Company and each of its Subsidiaries, as applicable, all: (i) Government Contracts Contracts, the period of performance of which has not yet expired or terminated or is subject to audit in accordance with its terms or for which final payment has not yet been received (the “Current Government Contracts”); and (ii) quotations, bids and proposals for awards of new Government Contracts made by the Company or its Subsidiaries for which no award has been made and for which the Company believes there is a reasonable prospect that such an award to the Company or any of its Subsidiaries may yet be made (the “Government Contract Bids”); and (iii) Government Contracts pursuant to which the Company or any of its Subsidiaries is currently or is reasonably expected to experience cost, schedule, technical or quality problems that is reasonably expected to result in a claim or claims against the Company or any of its Subsidiaries (or its successors in interest) by a Governmental Authority, a prime contractor or a higher-tier subcontractor, in each case, except as would not result in suspension, debarment or economic damages greater than $25,000. With respect to each Current Government Contract, Schedule 3.14(a) accurately lists (A) the contract number, (B) the award date and (C) the contract end date. Attached to Schedule 3.14(a) is the “contract data sheet” for each Current Government Contract listed on such Schedule 3.14(a). With respect to each such Government Contract Bid, Schedule 3.14(a) accurately lists: (A) the request for proposal (RFP) number or, if such Government Contract Bid is for a task order under a prime contract, the applicable prime contract number; (B) the date of proposal submission; (C) the expected award date, if known; (D) the estimated period of performance; and (E) the estimated value based on the proposal, if any. The Company has delivered to Parent true and complete copies of all Current Government Contracts and of all Government Contract Bids, including any and all amendments and other modifications thereto and has provided Parent with access to true and correct copies of all documentation related thereto requested by Parentthereto. All of the Current Government Contracts were legally awarded, are binding on the parties thereto, and are in full force and effect. The Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are not currently the subject of bid or award protest Proceedings, and to the Knowledge of the Company’s knowledge, no such Current Government Contracts (or, where applicable, the prime Government Contracts under which the Current Government Contracts were awarded) are reasonably likely to become the subject of bid or award protest Proceedings. No , and, to the Company’s knowledge, no Person has notified the Company or any of its Subsidiaries in writing or, to the Knowledge of the Company, orally that any Governmental Government Authority, prime contractor or higher-tier subcontractor under a Current Government Contract intends to seek (at any time within six (6) months following the Closing) the Company’s or any of its Subsidiaries’ agreement to lower rates under such Current any of the Government Contract Contracts or Government Contract Bids, including any task order under any Government Contract Bids.

Appears in 1 contract

Samples: Agreement and Plan of Merger (STG Group, Inc.)

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