Common use of No Default or Violation Clause in Contracts

No Default or Violation. The Company, Acquisition and the Subsidiaries (i) are in material compliance with all applicable material terms and requirements of each material contract under which they have or had any obligation or liability or by which they or any of the assets owned or used by them is or was bound and (ii) is not in material violation of any Legal Requirement.

Appears in 9 contracts

Samples: Escrow Agreement (Pacific Fuel Cell Corp), Agreement and Plan of Merger (Bib Holdings LTD), Agreement and Plan of Merger (Reality Wireless Networks Inc)

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No Default or Violation. The Company, Acquisition and the Subsidiaries (i) are in material compliance with all applicable material terms and requirements of each material contract under which they have or had any obligation or liability or by which they or any of the assets owned or used by them is or was bound and (ii) is not in material violation of any Legal Requirement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Jill Kelly Productions Holding, Inc.), Merger Agreement (Columbia Bakeries Inc), Agreement and Plan of Merger (SZM Distributors Inc)

No Default or Violation. The Company, Acquisition and the -------------------------- Subsidiaries (i) are in material compliance with all applicable material terms and requirements of each material contract under which they have or had any obligation or liability or by which they or any of the assets owned or used by them is or was bound and (ii) is not in material violation of any Legal Requirementlegal requirement.

Appears in 2 contracts

Samples: Merger Agreement (Delivery Now Corp), Merger Agreement (Delivery Now Corp)

No Default or Violation. The Company, Acquisition Company and the Subsidiaries (i) are in material compliance with all applicable material terms and requirements of each material contract under which they have or had any obligation or liability or by which they or any of the assets owned or used by them is or was bound and (ii) is not in material violation of any Legal Requirementlegal requirement.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Innova Holdings)

No Default or Violation. The Company, Acquisition and the Subsidiaries (i) are in material compliance with all applicable material terms and requirements of each material contract under which they have or had any obligation or liability or by which they or any of the assets owned or used by them is or was bound and (ii) is not in material violation of any Legal Requirementlegal requirement.

Appears in 1 contract

Samples: Merger Agreement (Hy Tech Technology Group Inc)

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No Default or Violation. The Company, Acquisition and the Subsidiaries (i) are in material compliance with all applicable material terms and requirements of each material contract under which they have or had any obligation or liability or by which they or any of the assets owned or used by them is or was bound and (ii) is not in material violation of any Legal Requirement, except as has no Material Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (Insite Vision Inc)

No Default or Violation. The Company, Acquisition and the -------------------------- Subsidiaries (i) are in material compliance with all applicable material terms and requirements of each material contract under which they have or had any obligation or liability or by which they or any of the assets owned or used by them is or was bound and (ii) is not in material violation of any Legal Requirement.

Appears in 1 contract

Samples: Merger Agreement (Heritage Worldwide Inc)

No Default or Violation. The Company, Acquisition Company and the Subsidiaries (i) are in material compliance with all applicable material terms and requirements of each material contract under which they have or had any obligation or liability or by which they or any of the assets owned or used by them is or was bound and (ii) is not in material violation of any Legal Requirement.

Appears in 1 contract

Samples: Merger Agreement (Hy Tech Technology Group Ing)

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