Common use of No Cancellation or Termination of Commitment Clause in Contracts

No Cancellation or Termination of Commitment. Except as disclosed pursuant to this Agreement or contemplated hereby, and except where such default would not have a Material Adverse Effect on the business, (i) neither the Company nor the Physician has received notice of any plan or intention of any other party to any Commitment to exercise any right to cancel or terminate any Commitment, and the Company does not know of any fact that would justify the exercise of such a right; and (ii) neither the Company nor the Physician currently contemplates, or has reason to believe any other person currently contemplates, any amendment or change to any Commitment.

Appears in 5 contracts

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc), Agreement and Plan of Reorganization (Vision Twenty One Inc), Agreement and Plan of Reorganization (Vision Twenty One Inc)

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No Cancellation or Termination of Commitment. Except as disclosed pursuant to this Agreement or contemplated hereby, hereby and except where such default action would not have a Material Adverse Effect on the businessPractice, (i) neither none of the Company nor Company, the Partnership or the Physician has received notice of any plan or intention of any other party to any Commitment to exercise any right to cancel or terminate any Commitment, and the Company does not know of any fact that would justify the exercise of such a right; and (ii) neither none of the Company nor Company, the Partnership or the Physician currently contemplates, or has reason to believe any other person currently contemplates, any amendment or change to any Commitment.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Vision Twenty One Inc), Asset Purchase Agreement (Vision Twenty One Inc)

No Cancellation or Termination of Commitment. Except as disclosed pursuant to this Agreement or contemplated hereby, hereby and except where such default would not have a Material Adverse Effect on the businessPractice, (i) neither the Company nor the Physician Shareholder has received notice of any plan or intention of any other party to any Commitment to exercise any right to cancel or terminate any Commitment, and the Company does not know of any fact that would justify the exercise of such a right; and (ii) neither the Company nor the Physician Shareholder currently contemplates, or has reason to believe any other person currently contemplates, any amendment or change to any Commitment.

Appears in 1 contract

Samples: Optical Asset Purchase Agreement (Vision Twenty One Inc)

No Cancellation or Termination of Commitment. Except as disclosed pursuant to this Agreement or contemplated hereby, hereby and except where such default action would not have a Material Adverse Effect on the businessPractice, (i) neither the Company nor the Physician has received notice of any plan or intention of any other party to any Commitment to exercise any right to cancel or terminate any Commitment, and the Company does not know of any fact that would justify the exercise of such a right; and (ii) neither the Company nor the Physician currently contemplates, or has reason to believe any other person currently contemplates, any amendment or change to any Commitment.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vision Twenty One Inc)

No Cancellation or Termination of Commitment. Except as disclosed pursuant to this Agreement or contemplated hereby, and except where such default would not have a Material Adverse Effect on the business, (i) neither the Company nor the Physician Optometrist has received notice of any plan or intention of any other party to any Commitment to exercise any right to cancel or terminate any Commitment, and the Company does not know of any fact that would justify the exercise of such a right; and (ii) neither the Company nor the Physician currently contemplates, or has reason to believe any other person currently contemplates, any amendment or change to any Commitment.the

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc)

No Cancellation or Termination of Commitment. Except as disclosed pursuant to this Agreement or contemplated hereby, hereby and except where such default action would not have a Material Adverse Effect on the businessCompany, (i) neither the Company nor the Physician Shareholder has received notice of any plan or intention of any other party to any Commitment to exercise any right to cancel or terminate any Commitment, and the Company does not know of any fact that would justify the exercise of such a right; and (ii) neither the Company nor the Physician Shareholder currently contemplates, or has reason to believe any other person currently contemplates, any amendment or change to any Commitment.

Appears in 1 contract

Samples: Managed Care Organization Asset Purchase Agreement (Vision Twenty One Inc)

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No Cancellation or Termination of Commitment. Except as disclosed pursuant to this Agreement or contemplated hereby, hereby and except where such default would not have a Material Adverse Effect on the businessPractice, (i) neither the Company nor the Physician has received notice of any plan or intention of any other party to any Commitment to exercise any right to cancel or terminate any Commitment, and the Company does not know of any fact that would justify the exercise of such a right; and (ii) neither the Company nor the Physician currently contemplates, or has reason to believe any other person currently contemplates, any amendment or change to any Commitment.the

Appears in 1 contract

Samples: Asset Purchase Agreement (Vision Twenty One Inc)

No Cancellation or Termination of Commitment. Except as disclosed pursuant to this Agreement or contemplated hereby, hereby and except where such default would not have a Material Adverse Effect on the businessPractice, (i) neither the Company nor the Physician Optometrist has received notice of any plan or intention of any other party to any Commitment to exercise any right to cancel or terminate any Commitment, and the Company does not know of any fact that would justify the exercise of such a right; and (ii) neither the Company nor the Physician Optometrist currently contemplates, or has reason to believe any other person currently contemplates, any amendment or change to any Commitment.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vision Twenty One Inc)

No Cancellation or Termination of Commitment. Except as disclosed pursuant to this Agreement or contemplated hereby, and except where such default would not have a Material Adverse Effect on the business, (i) neither none of the Company nor Company, the Partnership or the Physician has received notice of any plan or intention of any other party to any Commitment to exercise any right to cancel or terminate any Commitment, and the Company does not know of any fact that would justify the exercise of such a right; and (ii) neither none of the Company nor Company, the Partnership or the Physician currently contemplates, or has reason to believe any other person currently contemplates, any amendment or change to any Commitment.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc)

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