Common use of No Defaults or Conflicts Clause in Contracts

No Defaults or Conflicts. (a) Except as provided in Schedule 4.5(a), the Company is not in violation or default in any material respect (and is not in default in any respect regarding any Indebtedness) under any indenture, agreement or instrument to which it is a party or by which it or its properties may be bound. The Company is not in default in any material respect under any material order, writ, injunction, judgment or decree of any court or other governmental authority or arbitrator(s).

Appears in 9 contracts

Samples: Note Purchase Agreement, Stock Purchase Agreement (Displaytech Inc), Stock Purchase Agreement (Displaytech Inc)

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No Defaults or Conflicts. (a) Except as provided in Schedule 4.5(a), the The Company is not in violation or default in any material respect (and is not in default in any respect regarding any Indebtedness) under any indenture, agreement or instrument to which it is a party or by which it or its properties may be bound. The Company is not in default in any material respect under any material order, writ, injunction, judgment or decree of any court or other governmental authority or arbitrator(s).

Appears in 7 contracts

Samples: Stock and Warrant Purchase Agreement (Global Pharmaceutical Corp \De\), Stock Purchase Agreement (Impax Laboratories Inc), Stock Purchase Agreement (Impax Laboratories Inc)

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