Common use of Legal Compliance; Restrictions on Business Activities Clause in Contracts

Legal Compliance; Restrictions on Business Activities. The Buyer and the conduct and operations of its business are in material compliance with each law (including rules, regulations and requirements thereunder) of any federal, state, local or foreign government or any Governmental Entity which (a) affects or relates to this Agreement or the transactions contemplated hereby or (b) is applicable to the Buyer or the Merger Sub or their respective businesses, except, in each case, where such non-compliance would not reasonably be expected to have a Material Adverse Effect on the Buyer or the Merger Sub. There is no agreement, judgment, injunction, order or decree binding upon the Buyer or the Merger Sub which has or would reasonably be expected to have the effect of prohibiting or materially impairing any current or future business practice of the Buyer or the Merger Sub, as currently contemplated by the Buyer or the Merger Sub, and any acquisition of property of the Buyer or the Merger Sub or the conduct of business by the Buyer and the Merger Sub as currently conducted or proposed to be conducted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mobilepro Corp), Agreement and Plan of Merger (Vsus Technologies Inc)

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Legal Compliance; Restrictions on Business Activities. The Buyer and the Merger Sub and the conduct and operations of its business their respective businesses are in material compliance with each law (including rules, rules and regulations and requirements thereunder) of any federal, state, local or foreign government government, or any Governmental Entity Entity, which (a) affects or relates to this Agreement or the transactions contemplated hereby or (b) is applicable to the Buyer or and the Merger Sub or their respective businesses, except, in each case, where such non-compliance except for any violation of or default which would not reasonably be expected to have a Material Adverse Effect on the Buyer or and the Merger Sub. There is no agreement, judgment, injunction, order or decree binding upon the Buyer or the Merger Sub which has or would reasonably be expected to have the effect of prohibiting or materially impairing any current or future business practice of the Buyer or and the Merger Sub, Sub as currently contemplated by the Buyer or and the Merger Sub, and any acquisition of property of the Buyer or and the Merger Sub or the conduct of business by of the Buyer and the Merger Sub as currently conducted or as proposed to be conductedconducted by the Buyer and the Merger Sub.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Visual Networks Inc)

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Legal Compliance; Restrictions on Business Activities. The Buyer and Merger Sub and the conduct and operations of its business their respective businesses are in material compliance with each law (including rules, rules and regulations and requirements thereunder) of any federal, state, local or foreign government government, or any Governmental Entity Entity, which (a) affects or relates to this Agreement or the transactions contemplated hereby or (b) is applicable to the Buyer or the and Merger Sub or their respective businesses, except, in each case, where such non-compliance except for any violation of or default which would not reasonably be expected to have a Material Adverse Effect on the Buyer or the Merger SubBuyer. There is no agreement, judgment, injunction, order or decree binding upon the Buyer or the Merger Sub which has or would reasonably be expected to have the effect of prohibiting or materially impairing any current or future business practice of the Buyer or the and Merger Sub, Sub as currently contemplated by the Buyer or the and Merger Sub, and any acquisition of property of the Buyer or the and Merger Sub or the conduct of business by the of Buyer and the Merger Sub as currently conducted or as proposed to be conductedconducted by Buyer and Merger Sub.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Isni Net Inc)

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