Common use of No Default or Breach Clause in Contracts

No Default or Breach. The Company is not 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: Value Participation Agreement (Amerigon Inc), Value Participation Agreement (Enova Systems Inc)

AutoNDA by SimpleDocs

No Default or Breach. The Company is not 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 assets, business, properties, operations or financial or other 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 or any of the other Transaction Documents.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Culmen Technology Partners Lp), Securities Purchase Agreement (Arinco Computer Systems Inc)

AutoNDA by SimpleDocs

No Default or Breach. The Company is not in default under or with respect to any Contractual Obligation in any respect, which, individually or together with all such defaultsdefault, could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the condition of the Company, or which could adversely affect the ability of the Company to perform its obligations under this Agreement or any of the other Transaction Documents.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Texoil Inc /Nv/)

Time is Money Join Law Insider Premium to draft better contracts faster.