Governmental Contracts. (a) None of the Credit Parties has knowledge of (i) an existing Organizational Conflict of Interest, as defined by the Federal Acquisition Regulation (“FAR”) 2.101, that has not been resolved through an appropriate mitigation plan or (ii) circumstances that could be reasonably likely to negatively affect in any material respects the Credit Parties’ ability to be awarded government contracts similar to those which the any of the Credit Parties is currently performing.
(b) None of the Credit Parties has knowledge of any payment by any Credit Parties to any Person in connection with any material government contract made in violation of applicable procurement statutes, regulations or the provisions of any of the Credit Parties’ material government contracts.
(c) With respect to each government contract to which any of the Credit Parties is a party or bound, (i) neither the United States Government nor any prime contractor, subcontractor or other Person has notified any of the Credit Parties, in writing or otherwise, that any of the Credit Parties has breached or violated any requirement of law, or material certificate or representation, or any clause which has resulted in a cure notice which in each case, either individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect and (ii) solely with respect to material government contracts, no termination for default is currently in effect pertaining to any such material government contract.
(i) Neither any of the Credit Parties or any of their respective directors or officers is (or during the last five (5) years has been) under civil investigation by the United States Department of Justice or a state attorney general or under criminal investigation by any Governmental Authority, or is under indictment by any Governmental Authority with respect to any irregularity, misstatement or omission arising under or relating to any activities of the Credit Parties under a government contract and (ii) during the last five (5) years, none of the Credit Parties has made a voluntary disclosure to the United States Government with respect to any irregularity, misstatement or omission arising under or relating to a government contract, except, in each case, for any such investigation, indictment, voluntary disclosure, irregularity, misstatement or omission which, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.
(e) There exist (i) n...
Governmental Contracts. Company has no Contract with any Governmental Entity in connection with or affecting the Business.
Governmental Contracts. The Borrower and its Subsidiaries are not subject to the renegotiation of any government contract in any material amount.
Governmental Contracts. 6.05 Corporate and Trade Names
Governmental Contracts. Except as set forth in Schedule 5.23, as of the Closing Date, no Borrower or Subsidiary is a party to any contract or agreement with any Governmental Authority and no Accounts of any Borrower or any Subsidiary are subject to the Assignment of Claims Act or any similar state or local law.
Governmental Contracts. No Credit Party’s accounts are subject to any of the requirements or proceedings applicable to assignments of accounts under the Financial Administration Act (Canada) or any other similar law.
Governmental Contracts. Officers, Directors and Key Employees; Employment Agreements; Compensation..........................................................26 9.23 Predecessor Status, etc...............................................26 9.24
Governmental Contracts. Except as set forth in Schedule 9.21, the LLC is not now a party to any governmental contracts subject to price redetermination or renegotiation or which would require the consent or approval of any Governmental Authority for the consummation of the transactions contemplated by this Agreement, whether or not such consent or approval would be required prior to the Closing Date.
Governmental Contracts. Sellers have no Contract with any Governmental Entity related to or affecting the Business, the Acquired Assets or the Assumed Liabilities.
Governmental Contracts. The Company (i) is not a party to, nor is the Company or any of its assets bound or affected by, any Government Contract, and (ii) has not submitted any Government Contract Proposal.
