Common use of Material Contracts; No Defaults Clause in Contracts

Material Contracts; No Defaults. (a) Schedule 3.19(a) contains a true and complete list and description of each individual outstanding sales order and sales contract of the Company having an indicated gross value in excess of $10,000 or having a term or duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 3.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Interiors Inc)

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Material Contracts; No Defaults. (a) Schedule 3.19(a) contains a true and complete list and description of each individual outstanding sales order and sales contract of the Company having an indicated gross value in excess of $10,000 or having a term or duration in excess of six months10,000. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 3.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and to the Knowledge of the Company, the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Agreement and Plan (L90 Inc)

Material Contracts; No Defaults. (a) Schedule 3.19(a) contains a true and complete list and description of each individual outstanding sales order and sales contract of the Company having an indicated gross value in excess of $10,000 or having a term or duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 3.19(a), the The Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that it believes will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Semtech Corp)

Material Contracts; No Defaults. (a) Schedule 3.19(a) contains will contain a true and complete list and description of each individual all outstanding sales order orders and sales contract contracts of the Company having an indicated gross value in excess of $10,000 5,000 or having a term or duration in excess of six (6) months. All outstanding such sales orders and sales contracts of the Company have been entered into in the Ordinary Course. Except as described in Schedule 3.19(a), the The Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or of the performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Stock Purchase Agreement (Interiors Inc)

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Material Contracts; No Defaults. (a) Schedule 3.19(a) contains a true and complete list and description of each individual outstanding sales order and sales contract of the Company having an indicated gross value in excess of $10,000 or having a term or duration in excess of six months. All outstanding sales orders and sales contracts of the Company have been entered into in the Ordinary Courseordinary course. Except as described in Schedule 3.19(a), the Company has not received any advance, progress payment or deposit in respect of any sales order or sales contract, and the Company has no sales order or sales contract that will result, upon completion or performance thereof, in gross margins materially lower than those normally experienced by the Company for the services or products covered by such sales order or sales contract.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pre Cell Solutions Inc/)

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