Common use of MATERIAL CONTRACTS, COMMITMENTS, AND PRODUCT WARRANTIES Clause in Contracts

MATERIAL CONTRACTS, COMMITMENTS, AND PRODUCT WARRANTIES. Seller has supplied Purchaser true and correct copies of all of the Contracts. Except for terminated agreements, each of the Contracts is valid, binding and in full force and effect in all material respects and enforceable by Seller, in accordance with its terms. Seller is not in default under any of the Contracts. No party to a Contract has terminated or overtly threatened termination of any contractual arrangement with Seller directly related to the Assets. To the knowledge of Seller, no other party to any of the Contracts is in material default there under. Seller has supplied to Purchaser copies of any and all written warranties by Seller granted with respect to the Assets.

Appears in 3 contracts

Samples: Asset Purchase Agreement (DLR Funding, Inc.), Asset Purchase Agreement (DLR Funding, Inc.), Asset Purchase Agreement (DLR Funding, Inc.)

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MATERIAL CONTRACTS, COMMITMENTS, AND PRODUCT WARRANTIES. Seller has supplied Purchaser true and correct copies of all of the Contracts. Except for terminated agreements, each of the Contracts is valid, binding and in full force and effect in all material respects and enforceable by Seller, in accordance with its terms. Seller is not in default under any of the Contracts. No party to a Contract has terminated or overtly threatened termination of any contractual arrangement with Seller directly related to the Assets. To the knowledge of Seller, no other party to any of the Contracts is in material default there underthereunder. Seller has supplied to Purchaser copies of any and all written warranties by Seller granted with respect to the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Internet Business International Inc)

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