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, would have a material 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 in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaults, would could reasonably be expected to have a material 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 DocumentsMaterial 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 have a material 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.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, would could have a material adverse effect on (i) the Condition of the Company or on (ii) the ability of the Company to perform its obligations under this Agreement or the other Transaction Documents.
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