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

No Cancellation or Termination of Commitment. Except as contemplated hereby, neither the Corporation nor 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 neither the Corporation nor Shareholder knows of any fact that would justify the exercise of such a right. Neither the Corporation nor Shareholder currently contemplates, or has reason to believe any other person or entity currently contemplates, any amendment or change to any Commitment. Except as listed in Schedule 3.15, none of the customers or suppliers of the Corporation has refused, or communicated that it will or may refuse, to purchase or supply goods or services, as the case may be, or has communicated that it will or may substantially reduce the amounts of goods or services that it is willing to purchase from, or sell to, the Corporation.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Boundless Motor Sports Racing Inc), Stock Purchase Agreement (Boundless Motor Sports Racing Inc)

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No Cancellation or Termination of Commitment. Except as contemplated hereby, neither the Corporation nor 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 neither the Corporation nor Shareholder knows of any fact that would justify the exercise of such a right. Neither the Corporation nor Shareholder currently contemplates, or has reason to believe any other person or entity currently contemplates, any amendment or change to any Commitment. Except as listed in Schedule 3.15, none None of the customers or suppliers of the Corporation has refused, or communicated that it will or may refuse, to purchase or supply goods or services, as the case may be, or has communicated that it will or may substantially reduce the amounts of goods or services that it is willing to purchase from, or sell to, the Corporation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Boundless Motor Sports Racing Inc)

No Cancellation or Termination of Commitment. Except as contemplated hereby, neither the Corporation a Company nor any 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 CommitmentCommitment or agreement, and neither the Corporation a Company nor any Shareholder knows of any fact that would justify the exercise of such a right. Neither the Corporation a Company nor any Shareholder currently contemplates, or has reason to believe been notified that any other person or entity currently contemplates, any amendment or change to any Commitment. Except as listed in Schedule 3.15, none of the customers or suppliers of the Corporation any Company has refused, or communicated to any Company or Shareholder that it will or may refuse, to purchase or supply goods or services, as the case may be, or has communicated to any Company or Shareholder that it will or may substantially reduce the amounts of goods or services that it is willing to purchase from, or sell to, the Corporationsuch Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Homestar Corp)

No Cancellation or Termination of Commitment. Except as contemplated hereby, neither the Corporation Company nor any 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 CommitmentCommitment or agreement, and neither the Corporation Company nor any Shareholder knows of any fact that would justify the exercise of such a right. Neither the Corporation Company nor any Shareholder currently contemplates, or has reason to believe any other person or entity currently contemplates, any amendment or change to any Commitment. Except as listed in Schedule 3.153.14, none of the customers or suppliers of the Corporation Company has refused, or communicated that it will or may refuse, to purchase or supply goods or services, as the case may be, or has communicated that it will or may substantially reduce the amounts of goods or services that it is willing to purchase from, or sell to, the CorporationCompany.

Appears in 1 contract

Samples: Merger Agreement (Mobility Electronics Inc)

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No Cancellation or Termination of Commitment. Except as contemplated hereby, neither the Corporation nor any 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 CommitmentCommitment or agreement, and neither the Corporation nor any Shareholder knows of any fact that would justify the exercise of such a right. Neither the Corporation nor any Shareholder currently contemplates, or has reason to believe any other person or entity currently contemplates, any amendment or change to any Commitment. Except as listed in Schedule 3.15, none of the customers or suppliers of the Corporation has refused, or communicated that it will or may refuse, to purchase or supply goods or services, as the case may be, or has communicated that it will or may substantially reduce the amounts of goods or services that it is willing to purchase from, or sell to, the Corporation.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Homestar Corp)

No Cancellation or Termination of Commitment. Except as contemplated hereby, neither the Corporation nor 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 CommitmentCommitment or agreement, and neither the Corporation nor Shareholder knows of any fact that would justify the exercise of such a right. Neither the Corporation nor Shareholder currently contemplates, or has reason to believe any other person or entity currently contemplates, any amendment or change to any Commitment. Except as listed in Schedule 3.153.08, none of the customers or suppliers of the Corporation has refused, or communicated that it will or may refuse, to purchase or supply goods or services, as the case may be, or has communicated that it will or may substantially reduce the amounts of goods or services that it is willing to purchase from, or sell to, the Corporation.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Homestar Corp)

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