Material Contracts and Arrangements. Except as set forth in Section 5.14 of the PT Group Disclosure Schedule, as of the date hereof:
Material Contracts and Arrangements. (a) Schedule 3.12(a) lists:
Material Contracts and Arrangements. Except as set forth in the Schedule 3.13 of Company Disclosure Schedule, Company has no contract or arrangement, including, without limitation, any commitments or obligations, contingent or otherwise, under any contract or arrangement (i) for the purchase or sale of inventory in excess of $25,000 in any one instance, (ii) for the purchase or sale of supplies, services or other items in excess of $25,000 in any one instance, (iii) for the purchase, sale or lease of any equipment or machinery, (iv) for the performance of service for others in excess of $25,000_ in any one instance, or (v) extending beyond December 31, 2009. All contracts of less than $25,000 do not in the aggregate exceed $100,000. Each of such contracts and arrangements is valid, binding, subsisting, and enforceable in accordance with its terms and Company has performed all obligations required to be performed under any such contract or arrangement and is not in breach or default or in arrears in any material respect or in any other respect that would permit the other party to cancel such contract or arrangement under the terms thereof. To the best knowledge of Stockholder after due inquiry, each of the contracts, if any, set forth in the Schedule 3.13 of Company Disclosure Schedule calling for the performance of services or the sale of inventory can be satisfied or performed by Company without any loss to it.
Material Contracts and Arrangements. (a) Except as set forth in Schedule 3.13, the Company does not have any material contract or agreement, whether oral or written, including, without limiting the generality of the foregoing, any (i) contract or agreement for the purchase or sale of inventory in excess of $10,000 in any one instance; (ii) contract or agreement for the purchase or sale of supplies, services or other items in excess of $10,000 in any one instance; (iii) contract or agreement for the purchase, sale or lease of any equipment providing for total payments in excess of $10,000 in any one instance; (iv) indenture, mortgage, note, letter of credit or other instrument relating to the borrowing of money; (v) contract or agreement that would limit the Company from entering any lines of business or any geographical area; (vi) contract or agreement which is not terminable by the Company upon prior notice of ninety (90) days or less; (vii) contract or agreement with independent distributors or sales representatives or similar agreements; or (viii) other contract or agreement not made in the ordinary course of business. True, correct and complete copies of each contract listed on Schedule 3.13 have been previously delivered to Buyer. Each of the material contracts set forth in Schedule 3.13 calling for the sale of inventory or performance of services can be satisfied or performed by the Company without any material loss to it. Each of such contracts is in full force and effect, and there does not exist any actual or alleged condition or event which, after notice or lapse of time or both, would constitute a default by the Company or by the other party, to any written contract, agreement, lease, license, commitment, instrument or obligation. The Company has not received notice of the termination of any such contract prior to the expiration of the scheduled term thereof and has no knowledge of the intent of a party to any such contract to do the same. Except as disclosed on Schedule 3.13 hereto, neither the Company nor the Sellers nor any other employee or agent of the Company has entered into any enforceable agreement containing any prohibition or restriction of competition or solicitation of customers with any person, corporation, partnership, firm, association or business organization, entity or enterprise which is now in effect and would affect Buyer’s conduct of the Company. Except as set forth in Schedule 3.13, no contract or agreement to which Sellers or the Company is a party or by whi...
Material Contracts and Arrangements. 14 6.11 Property, Title and Condition.............................15 6.12 Compliance with Laws and Governmental Consent.............15 6.13 Broker or Finder's Fees...................................16 6.14
Material Contracts and Arrangements. Except as set forth in Schedule 5.4, Seller is not a party to any contract or arrangement, including, without limitation, any commitments or obligations, contingent or otherwise, relating directly or indirectly to the Assets.
Material Contracts and Arrangements. Except as set forth in Schedule 2.11, ECI is not a party to any written or oral (a) contract or arrangement with any college, university or other institution, (b) contract or arrangement with any educational testing service (c) contract for the purchase or sale of services which could cause ECI to incur or receive fees in excess of $3,000 in any month or $25,000 in the aggregate during the term of such contract or arrangement, (d) contract for the future purchase of fixed assets or for the future purchase of
Material Contracts and Arrangements. 9 5.12 CARBON FIBER SUPPLY ARRANGEMENTS................................9 5.13 ORDINARY COURSE OF BUSINESS....................................10 5.14 LITIGATION AND COMPLIANCE WITH LAWS............................10 5.15 TAXES..........................................................10 5.16
Material Contracts and Arrangements. Except as otherwise provided or disclosed by this Agreement, or in Schedule 6.10 or any other exhibit or schedule to this Agreement, all material agreements, arrangements, commitments, contracts, engagements, licenses, leases, rental agreements, tenancies, and other obligations, written or otherwise, express or implied, of the nature identified in paragraphs 6.10.1.1 through 6.10.1.7, in which the Buyer has an interest or other legally enforceable right are valid, subsisting, in full force and effect, and enforceable in accordance with their terms, and neither the Buyer nor any other party to any such material contract or arrangement, is in default thereunder. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated by it will accelerate the maturity of any indebtedness of the Buyer, nor be an event that by itself, or lapse of time, giving of notice or otherwise would constitute a breach of or default under, or cause the expiration or termination of any material contract or arrangement.
Material Contracts and Arrangements. Except as set forth in Section 5.9 of the Seller's Disclosure Schedule, Seller has no contract or arrangement, including, without limitation, any commitments or obligations, contingent or otherwise, under any contract or arrangement (i) for the purchase or sale of inventory in excess of $5,000 in any one instance, (ii) for the purchase or sale of supplies, services or other items in excess of $5,000 in any one instance, (iii) for the purchase, sale or lease of any equipment or machinery, (iv) for the performance of services for others in excess of $5,000 in any one instance, of (v) extending beyond December 31,2002. All contracts of less than $5,000 do not in the aggregate exceed $25,000. Except as set forth in Section 5.9 of the Seller's Disclosure Schedule, each of such contracts and arrangements is valid, binding subsisting, and enforceable in accordance with its terms and Seller has performed all obligations required to be performed under any such contract or arrangement and is not in breach or default or in arrears in any material respect or in any other respect that would permit the other party to cancel such contract or arrangement under the terms thereof.
