Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, or financial condition of either of them, and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 11 contracts
Samples: Share Exchange Agreement (Ia Global Inc), Share Exchange Agreement (Ia Global Inc), Share Exchange Agreement (Ia Global Inc)
Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of them, the Company and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 8 contracts
Samples: Share Exchange Agreement (CLX Medical, Inc.), Share Exchange Agreement (Siberian Energy Group Inc.), Share Exchange Agreement (Blue Gem Enterprise)
Material Contract Defaults. The Company to its knowledge is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of them, the Company and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 7 contracts
Samples: Stock Purchase Agreement (GO EZ Corp), Stock Purchase Agreement (GO EZ Corp), Stock Purchase Agreement (GO EZ Corp)
Material Contract Defaults. The Company is not in default -------------------------- in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of them, the Company and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 7 contracts
Samples: Exchange Agreement (Battle Mountain Gold Exploration Corp.), Exchange Agreement (Nano Holdings International, Inc.), Exchange Agreement (Perma Tune Electronics Inc)
Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of them, the Company and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 5 contracts
Samples: Exchange Agreement (Deep Well Oil & Gas Inc), Exchange Agreement (Venturelist Com Inc), Exchange Agreement (Cavalcade of Sports Media Inc)
Material Contract Defaults. The Except as set forth in Schedule 3.1.17, the Company is not in default in any material respect under the terms of any outstanding material contract, agreement, commitment, arrangement, lease, insurance policy or other commitment instrument to which it is material to the business, operations, properties, a party or by which its assets, business or financial condition of either of themoperations may be bound or affected or under which it or its assets, business or operations receive benefits, and there is no event of default or other has not occurred any event which, with notice or the lapse of time or the giving of notice, or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurringdefault.
Appears in 4 contracts
Samples: Membership Interest Purchase Agreement (Avatech Solutions Inc), Membership Interest Purchase Agreement (Avatech Solutions Inc), Membership Interest Purchase Agreement (Avatech Solutions Inc)
Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease, lease or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of them, the Company and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, lease or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 3 contracts
Samples: Share Exchange Agreement (AvWorks Aviation Corp), Share Exchange Agreement (Datamill Media Corp.), Share Exchange Agreement (Datamill Media Corp.)
Material Contract Defaults. The Company is not in default -------------------------- in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of them, the Company and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 3 contracts
Samples: Exchange Agreement (Web Views Corp), Exchange Agreement (Novus Laboratories Inc), Exchange Agreement (SRM Networks Inc)
Material Contract Defaults. The Company Company, to the best of its knowledge, is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, or financial condition of either of themthe Company, and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Zevex International Inc), Stock Purchase Agreement (Zevex International Inc)
Material Contract Defaults. The Except as set forth in Schedule 3.1.17, the Company is not in default in any material respect under the terms of any outstanding material contract, agreement, commitment, arrangement, lease, insurance policy or other commitment instrument to which it is material to the business, operations, properties, a party or by which its assets, business or financial condition of either of themoperations may be bound or affected or under which it or its assets, business or operations receive benefits, and there is no event of default or other has not occurred any event which, with notice or the lapse of time or the giving of notice or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurringdefault.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Avatech Solutions Inc), Stock Purchase Agreement (Avatech Solutions Inc)
Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, or financial condition of either of themthe Company, and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Weed Growth Fund, Inc.), Stock Purchase Agreement (City Media, Inc.)
Material Contract Defaults. The To the best of the Company’s knowledge, the Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, or financial condition of either of them, the Company and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
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Material Contract Defaults. The Company Corporation is not in default in any material respect under the terms of any outstanding contract, agreement, lease, lease or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of themCorporation, and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, lease or other commitment in respect of which the Company Corporation has not taken adequate steps to prevent such a default from occurring.
Appears in 1 contract
Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, or financial condition of either of themthe Company, and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company Buyer has not taken adequate steps to prevent such a default from occurring.
Appears in 1 contract
Material Contract Defaults. The Company is not in default in any -------------------------- material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, or financial condition of either of themthe Company taken as a whole, and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has Shareholders have not taken adequate steps to prevent such a default from occurring.
Appears in 1 contract
Samples: Stock Purchase Agreement (New Directions Manufacturing Inc)
Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of them, Company and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
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Material Contract Defaults. The Company is Companies are not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, or financial condition of either of them, the Companies and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has Companies have not taken adequate steps to prevent such a default from occurring.
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Material Contract Defaults. The To the Knowledge of the Sellers, the Company is not in default in any material respect under the terms of any outstanding contract, agreement, promissory notes, license, lease, or other commitment which is material to the business, operations, properties, assets, or financial condition of either of themthe Company, and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 1 contract
Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding material contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of themthe Company, and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 1 contract
Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, or financial condition of either of them, and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.
Appears in 1 contract
Material Contract Defaults. The Company CORP is not in default in any material respect under the terms of any outstanding contract, agreement, lease, or other commitment which is material to the business, operations, properties, assets, assets or financial condition of either of them, CORP or LLC and there is no event of default or other event which, with notice or lapse of time or both, would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company CORP has not taken adequate steps to prevent such a default from occurringoccurring except as disclosed in its filings.
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Material Contract Defaults. The Company is not in default in any material respect under the terms of any outstanding contract, agreement, commitment, arrangement, lease, insurance policy or other commitment instrument to which it is material to the business, operations, properties, a party or by which its respective assets, business or financial condition of either of themoperations may be bound or affected or under which it or its respective assets, business or operations receive benefits, and there is no has not occurred any event of default or other event which, which with notice or the lapse of time or both, the giving of notice or both would constitute a default in any material respect under any such contract, agreement, lease, or other commitment in respect of which the Company has not taken adequate steps to prevent such a default from occurring.default,
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