Status of Leases. Each of the leases of the Real Property has been duly authorized and executed by RMSI and is in full force and effect, except where the failure to be so would not have an RMSI Material Adverse Effect. To the knowledge of RMSI, each of said leases has been duly authorized and executed by the other party to each of said leases. Neither RMSI nor any of the RMSI Subsidiaries is in default under any material provision of any such said lease, nor has any event occurred which, with notice or the passage of time, or both, would give rise to such a default. To the knowledge of RMSI, the other party to each of said leases is not in default under any material provision of any such lease and there is no event which, with notice or the passage of time, or both, would give rise to such a default.
Appears in 3 contracts
Samples: 6 Agreement and Plan of Merger (Butler Bruce A), Agreement and Plan of Merger (Ultimate Food Sales Inc), Agreement and Plan of Merger (Richmont Marketing Specialists Inc)
Status of Leases. Each of the leases of the Real Property has ---------------- been duly authorized and executed by RMSI and is in full force and effect, except where the failure to be so would not have an RMSI Material Adverse Effect. To the knowledge of RMSI, each of said leases has been duly authorized and executed by the other party to each of said leases. Neither RMSI nor any of the RMSI Subsidiaries is in default under any material provision of any such said lease, nor has any event occurred which, with notice or the passage of time, or both, would give rise to such a default. To the knowledge of RMSI, the other party to each of said leases is not in default under any material provision of any such lease and there is no event which, with notice or the passage of time, or both, would give rise to such a default.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Monroe James L), Voting Agreement (Merkert American Corp)
