Common use of Present Compliance with Obligations and Laws Clause in Contracts

Present Compliance with Obligations and Laws. Neither the Company nor -------------------------------------------- any of its subsidiaries is: (i) in violation of its Certificate of Incorporation or Bylaws or similar documents; (ii) in default in the performance of any obligation, agreement or condition of any debt instrument which (with or without the passage of time or the giving of notice, or both) affords to any Person the right to accelerate any indebtedness or terminate any right; (iii) in default under or breach of (with or without the passage of time or the giving of notice) any other contract to which it is a party or by which it or its assets are bound; or (iv) in violation of any law, regulation, administrative order or judicial order, decree or judgment (domestic or foreign) applicable to it or its business or assets, except where any violation, default or breach under items (ii), (iii), or (iv) would not, individually or in the aggregate, have a Material Adverse Effect on the Company.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Usweb Corp), Agreement and Plan of Merger (Usweb Corp)

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Present Compliance with Obligations and Laws. Neither the Company Parent nor -------------------------------------------- any of its subsidiaries is: (i) in violation of its Certificate of Incorporation or Bylaws or similar documents; (ii) in default in the performance of any obligation, agreement or condition of any debt instrument which (with or without the passage of time or the giving of notice, or both) affords to any Person the right to accelerate any indebtedness or terminate any right; (iii) in default under or breach of (with or without the passage of time or the giving of notice) any other contract to which it is a party or by which it or its assets are bound; or (iv) in violation of any law, regulation, administrative order or judicial order, decree or judgment (domestic or foreign) applicable to it or its business or assets, except where any violation, default or breach under items (ii), (iii), or (iv) would not, individually or in the aggregate, have a Material Adverse Effect on the CompanyParent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Usweb Corp), Agreement and Plan of Merger (Usweb Corp)

Present Compliance with Obligations and Laws. Neither the Company nor -------------------------------------------- any of its subsidiaries is: (i) in violation of its Certificate Articles of Incorporation or Bylaws or similar documentsBylaws; (ii) in default in the performance of any obligation, agreement or condition of any debt instrument which (with or without the passage of time or the giving of notice, or both) affords to any Person person the right to accelerate any indebtedness or terminate any right; (iii) in default default, under or breach of (with or without the passage of time or the giving of notice) any other contract to which it is a party or by which it or its assets are bound; or (iv) in violation of any law, regulation, administrative order or judicial order, decree or judgment (domestic or foreign) applicable to it or its business or assets, except where any violation, default or breach under items (ii), (iii), or (iv) would not, individually or in the aggregate, have a Material Adverse Effect on the Company.Effect. (f)

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eltron International Inc)

Present Compliance with Obligations and Laws. Neither the Company Parent nor -------------------------------------------- any of its subsidiaries is: (i) in violation of its Certificate of Incorporation or Bylaws or similar documentsBylaws; (ii) in default in the performance of any obligation, agreement or condition of any debt instrument which (with or without the passage of time or the giving of notice, or both) affords to any Person person the right to accelerate any indebtedness or terminate any right; (iii) in default under or breach of (with or without the passage of time or the giving of notice) any other contract to which it is a party or by which it or its assets are bound; or (iv) in violation of any law, regulation, administrative order or judicial order, decree or judgment (domestic or foreign) applicable to it or its business or assets, except where any violation, default or breach under items (ii), (iii), or (iv) would not, individually or in the aggregate, have a Material Adverse Effect on Effect. The stockholders of Merger Sub and its subsidiaries will not have appraisal rights with respect to the Company.Merger. (f)

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eltron International Inc)

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Present Compliance with Obligations and Laws. Neither the Company Parent -------------------------------------------- nor -------------------------------------------- any of its subsidiaries Material Subsidiaries is: (i) in violation of its Certificate certificate of Incorporation or Bylaws incorporation, bylaws or similar documents; (ii) in default in the performance of any obligation, agreement or condition of any debt instrument which that (with or without the passage of time or the giving of notice, or both) affords to any Person the right to accelerate any indebtedness or terminate any right; (iii) in default under or breach of (with or without the passage of time or the giving of notice) any other contract to which it is a party or by which it or its assets are bound; or (iv) in violation of any law, regulation, administrative order or judicial order, decree or judgment (domestic or foreign) applicable to it or its business or assets, except where any violation, default or breach under items (ii), (iii), ) or (iv) would notnot reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect on the CompanyParent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Data Return Corp)

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