Common use of Material Agreements of the Company Clause in Contracts

Material Agreements of the Company. Neither the Company nor any of its subsidiaries is a party to or otherwise bound by any written or oral agreement, instrument or arrangement that is material to the Company except for those agreements included as exhibits to, or disclosed in the SEC Filings or any other documents filed with the Commission (the "Material Contracts"). The Company has furnished or made available to the Purchaser true and complete copies of all such agreements and all other agreements, instruments and other documents requested by the Purchaser or its authorized representative. Neither the Company nor any of its subsidiaries, and to the Company's best knowledge, any other party to a Material Contract, is in default of any Material Contract. Each Material Contract is in full force and effect. To the best of the Company's knowledge, IBM has not notified the Company of its intention to modify or amend in any material respect the Material Contracts between the Company and IBM.

Appears in 3 contracts

Samples: Stock Purchase and Registration Rights Agreement (Direct Insite Corp), Stock Purchase and Registration Rights Agreement (Direct Insite Corp), Stock Purchase and Registration Rights Agreement (Metropolitan Venture Partners Ii Lp)

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Material Agreements of the Company. Neither the Company nor any of its subsidiaries is a party to or otherwise bound by any written or oral agreement, instrument or arrangement that is material to the Company except for those agreements included as exhibits to, or disclosed in the SEC Filings Annual Report, the Form 10-Q or any other documents filed with the Commission (the "Material Contracts"). The Company has furnished or made available to the Purchaser true and complete copies of all such agreements and all other agreements, instruments and other documents requested by the Purchaser or its authorized representative. Neither the Company nor any of its subsidiaries, and to the Company's best knowledge, any other party to a Material Contract, is in default of any Material Contract. Each Material Contract is in full force and effect. To the best of the Company's knowledge, IBM has not notified the Company of its intention to modify or amend in any material respect the Material Contracts between the Company and IBM.

Appears in 2 contracts

Samples: Stock Purchase and Registration Rights Agreement (Direct Insite Corp), Stock Purchase and Registration Rights Agreement (Metropolitan Venture Partners Ii Lp)

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