No Breach or Default. The Company is not in default under any contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders have no reason to believe that the parties to such contracts will not fulfill their obligations under such contracts in all material respects or are threatened with insolvency.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Zone 4 Play Inc), Stock Purchase Agreement (Zone 4 Play Inc), Stock Purchase Agreement (Old Goat Enterprises Inc)
No Breach or Default. The Company is not in default under any contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders Seller have no reason to believe that the parties to such contracts will not fulfill their obligations under such contracts in all material respects or are threatened with insolvency.
Appears in 4 contracts
Samples: Stock Purchase Agreement (International Mercantile Corp), Stock Purchase Agreement (International Mercantile Corp), Stock Purchase Agreement (International Mercantile Corp)
No Breach or Default. The Company is not in default under any contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders Shareholders have no reason to believe that the parties to such contracts will not fulfill their obligations under such contracts in all material respects or are threatened with insolvency.. 无违反其他合同行为及未履行义务。公司在其所签订的合约中无违约事件发生。股东相信所有合同中的双方都将履行其合同项下的实质性义务。
Appears in 3 contracts
Samples: Stock Purchase Agreement (China Intelligence Information Systems Inc.), Stock Purchase Agreement (China VoIP & Digital Telecom Inc.), Stock Purchase Agreement (China VoIP & Digital Telecom Inc.)
No Breach or Default. The Company is not in default under any contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders Shareholders have no reason to believe that the parties to such contracts will not fulfill their obligations under such contracts in all material respects or are threatened with insolvency.
Appears in 3 contracts
Samples: Stock Purchase Agreement (China VoIP & Digital Telecom Inc.), Stock Purchase Agreement (China VoIP & Digital Telecom Inc.), Stock Purchase Agreement (China VoIP & Digital Telecom Inc.)
No Breach or Default. The Company is not in default under any contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders have Seller has no reason to believe that the parties to such contracts will not fulfill their obligations under such contracts in all material respects or are threatened with insolvency.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (Secured Financial Network, Inc.), Membership Interest Purchase Agreement (Haire Scott A)
No Breach or Default. The Company is not in default under any contract Contract to which it is a party or by which it is bound, nor nor, to the best of its Knowledge, has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders have Contract, and the Company has no reason to believe Knowledge that the parties to such contracts Contracts will not fulfill their obligations under such contracts Contracts in all material respects or are threatened with insolvency.
Appears in 2 contracts
Samples: Subscription Agreement (Liberty Satellite & Technology Inc), Subscription Agreement (Liberty Satellite & Technology Inc)
No Breach or Default. The Except to the extent set forth in SCHEDULE 2.18, the Company is not in default under any contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders Sellers have no reason to believe that the parties to such contracts will not fulfill their obligations under such contracts in all material respects or are threatened with insolvency.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Colorado Medtech Inc)
No Breach or Default. The As would be related to the shares acquired hereunder, the Company is not in default under any contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders have Seller has no reason to believe that the parties to such contracts will not fulfill their obligations under any such contracts in all material respects or are threatened with insolvency.
Appears in 1 contract
Samples: Purchase and Sale Agreement (SDC International Inc \De\)
No Breach or Default. The Company is not in default under any contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders Shareholders have no reason to believe that the parties to such contracts will not fulfill their obligations under such contracts in all material respects or are threatened with insolvency.. 2.15
Appears in 1 contract
Samples: Stock Purchase Agreement (China Intelligence Information Systems Inc.)
No Breach or Default. The Company is not in default under any material contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. The Company and the Founders have no reason to believe that the parties to such contracts will not fulfill their obligations under such contracts in all material respects or are threatened with insolvency.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Venture Catalyst Inc)
No Breach or Default. The Company is not in default under any ---------------------- contract to which it is a party or by which it is bound, nor has any event occurred which, after the giving of notice or the passage of time or both, would constitute a default under any such contract. Founders Shareholders have no reason to believe that the parties to such contracts will not fulfill their obligations under such contracts in all material respects or are threatened with insolvency.
Appears in 1 contract
Samples: Stock Purchase Agreement (Crawford Lake Mining Inc.)
