Common use of Material Contracts and Arrangements Clause in Contracts

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. Except as set forth in Schedule 5.13 of the Schedule 3.13 of Company Disclosure Schedule, Company has CEC and GTI have 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 15,000 in any one instance, (ii) for the purchase or sale of supplies, services or other items in excess of $25,000 15,000 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_ 15,000 in any one instance, or (v) extending beyond December 31, 2009. All contracts of less than $25,000 do not in the aggregate exceed $100,0002008. Each of such contracts and arrangements is valid, binding, subsisting, and enforceable in accordance with its terms and Company has CEC and GTI have performed in all material respects 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 Seller, after due inquiry, each of the contracts, if any, set forth in Schedule 5.13 of 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 CEC and GTI without any material loss to itthem.

Material Contracts and Arrangements. Except as set forth in Section 4.12 of the Schedule 3.13 of Company Disclosure Schedule, Company 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 $25,000 5,000 in any one instance, (ii) for the purchase or sale of supplies, services or other items in excess of $25,000 5,000 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_ 10,000 in any one instance, or (v) extending beyond December 31, 20092016. All contracts of less than $25,000 $5,000 do not in the aggregate exceed $100,00050,000. Each of such contracts and arrangements is valid, binding, subsisting, and enforceable in accordance with its terms and Company 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. To the best knowledge of Stockholder after due inquiry, each of the contracts, if any, set forth in Section 4.12 of 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 Seller without any loss to it.

Material Contracts and Arrangements. Except as set forth in the Schedule 3.13 of Company Disclosure Schedule, Company has Sellers have 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 1,000 in any one instance, (ii) for the purchase or sale of supplies, services or other items in excess of $25,000 500 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_ 500 in any one instance, or (v) extending beyond December 31January 15, 20091998. All contracts of less than $25,000 500 do not in the aggregate exceed $100,000. 5,000, Each of such contracts and arrangements is valid, binding, subsisting, and enforceable in accordance with its terms and Company has Sellers have performed all obligations required to be performed under any such contract or arrangement and is are 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 Sellers 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 Sellers without any loss to itthem.