Common use of No Defaults or Conflicts Clause in Contracts

No Defaults or Conflicts. (a) Neither the Company nor any of its Subsidiaries is in material violation of or material default in any respect under (and is not in default in any respect regarding any Indebtedness) any indenture, agreement or instrument to which it is a party or by which it or its properties may be bound. Neither the Company nor any of its Subsidiaries is in default under any order, writ, injunction, judgment or decree of any court or other Governmental Authority or arbitrator(s) which default could have a Material Adverse Effect.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Reliance Financial Services Corp), Securities Purchase Agreement (Home State Holdings Inc), Securities Purchase Agreement (Swiss Reinsurance America Corp)

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No Defaults or Conflicts. (a) Neither the Company nor any of its Subsidiaries is in material violation of or material default in any respect under (and is not in default in any respect regarding any Indebtedness) any indenture, agreement or instrument to which it is a party or by which it or its properties may be bound. Neither the Company nor any of its Subsidiaries is in default under any order, writ, injunction, judgment or decree of any court or other Governmental Authority or arbitrator(s) which default could have a Material Adverse Effect.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Daimlerchrysler Aerospace Ag), Spacehab Inc \Wa\

No Defaults or Conflicts. (a) Neither the Company nor any of its Subsidiaries is in material violation of or material default in any material respect under (and is not in default in any respect regarding any Indebtedness) any indenture, agreement or instrument to which it is a party or by which it or its properties may be boundbound other than for such defaults as could not reasonably be expected to have a Material Adverse Effect. Neither the Company nor any of its Subsidiaries Subsidiary is in default under any material order, writ, injunction, judgment or decree of any court or other Governmental Authority governmental authority or arbitrator(s) which default other than for such defaults as could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Preferred Stock Recapitalization Agreement (Transmontaigne Inc), Preferred Stock Recapitalization Agreement (Transmontaigne Inc)

No Defaults or Conflicts. (a) Neither the Company nor any of its Subsidiaries is in material violation of or material default in any material respect under (and is not in default in any respect regarding any Indebtednessindebtedness) under any indenture, agreement agreement, credit facility, debt or other instrument to which it is a party or by which it or its properties may be bound. Neither the Company nor any of its Subsidiaries is 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) which default could have a Material Adverse Effect).

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Impax Laboratories Inc)

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No Defaults or Conflicts. (a) Neither Except as disclosed on Exhibit B hereto, neither the Company nor any of its Subsidiaries is in material violation of or material default in any material respect under (and is not in monetary 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. Neither the Company nor any of its Subsidiaries Subsidiary is in default under any material order, writ, injunction, judgment or decree of any court or other Governmental Authority governmental authority or arbitrator(s) which default could have a Material Adverse Effect).

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Four Media Co)

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