No Default or Breach. Neither the Company nor any of its Subsidiaries is in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaults, could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Multi Link Telecommunications Inc), Senior Subordinated Note and Warrant Purchase Agreement (Saleslogix Corp)
No Default or Breach. Neither the Company nor any of its Subsidiaries is shall have been in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaults, would be materially adverse to the Condition of the Company or which could reasonably be expected materially adversely affect the ability of the Company to have a Material Adverse Effectperform its obligations under this Agreement, the Preferred Shares or the Registration Rights Agreement.
Appears in 2 contracts
Samples: Stock Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al), Stock Purchase Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al)
No Default or Breach. Neither the Company nor any of its Subsidiaries is in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaults, could reasonably be expected to would have a Material Adverse Effectmaterial adverse effect on the Condition of the Company or on the ability of the Company to perform its obligations under this Agreement or the Transaction Documents.
Appears in 2 contracts
Samples: Exchange and Purchase Agreement (Trinsic, Inc.), Exchange and Purchase Agreement (1818 Fund Iii Lp)
No Default or Breach. Neither the Company nor any of its Subsidiaries is shall have been in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaults, could reasonably be expected to have a Material Adverse Effect.would
Appears in 1 contract
Samples: Stock and Warrant Purchase Agreement (Z Tel Technologies Inc)
No Default or Breach. Neither the Company nor any of its Subsidiaries has received notice of, and is not in default under under, or with respect to to, any Contractual Obligation in any respect, which, which individually or together with all such defaults, could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on (i) the Condition of the Company or (ii) the ability of the Company to perform its obligations under this Agreement or the other Transaction Documents.
Appears in 1 contract
No Default or Breach. Neither To the knowledge of the Company, neither the Company nor any of its Subsidiaries Subsidiary is in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaults, could would reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Securities Purchase Agreement (Ruths Chris Steak House, Inc.)
