Contracts and Other Commitments Sample Clauses

Contracts and Other Commitments. The Company does not have any contract, agreement, lease, commitment or proposed transaction, written or oral, absolute or contingent, other than (i) individual contracts for the purchase of supplies and services that were entered into in the ordinary course of business and that do not, in the aggregate, involve more than $50,000, and do not extend for more than one (1) year beyond the date hereof, (ii) sales contracts entered into in the ordinary course of business, and (iii) contracts terminable at will by the Company on no more than thirty (30) days notice without cost or liability to the Company and that do not involve any employment or consulting arrangement and are not material to the conduct of the Company's business. For the purpose of this paragraph, employment and consulting contracts and contracts with labor unions, and license agreements and any other agreements relating to the acquisition or disposition of the Company's technology, shall not be considered to be contracts entered into in the ordinary course of business.
AutoNDA by SimpleDocs
Contracts and Other Commitments. Except as set forth on the Company Disclosure Schedule, the Company does not have and is not bound by any contract, agreement, lease, commitment or proposed transaction, judgment, order, writ or decree, written or oral, absolute or contingent.
Contracts and Other Commitments. The Company does not have and ------------------------------- is not bound by any contract, agreement, lease, commitment or proposed transaction, judgment, order, writ or decree, written or oral, absolute or contingent.
Contracts and Other Commitments. The Company does not have any contract, agreement, lease, commitment or proposed transaction, written or oral, absolute or contingent, other than (i) contracts for the purchase of supplies and services that were entered into in the ordinary course of business and that do not involve more than $50,000, and do not extend for more than one (1) year beyond the date hereof, (ii) sales contracts entered into in the ordinary course of business, and (iii) contracts terminable at will by the Company on no more than thirty (30) days notice without cost or liability to the Company and that do not involve any employment or consulting arrangement and are not material to the conduct of the Company's business. For the purpose of this paragraph, employment and consulting contracts and contracts with labor unions, and license agreements and any other agreements relating to the acquisition or disposition of the Company's technology, shall not be considered to be contracts entered into in the ordinary course of business.
Contracts and Other Commitments. The Company does not have any contract, agreement, lease, commitment, or proposed transaction, written or oral, absolute or contingent, other than contracts for the purchase of supplies and services that were entered into in the ordinary course of business and that do not involve more than $25,000 individually or $50,000 in the aggregate. For the purpose of this paragraph, employment and consulting contracts (including any severance arrangements), license agreements and any other agreements relating to the acquisition or disposition of the Company's technology (other than pursuant to the Company's standard form of Proprietary Information and Inventions Agreement (the "PROPRIETARY INFORMATION AGREEMENT")) shall not be considered to be contracts entered into in the ordinary course of business. The Company is not a party to or bound by any judgment, order, writ or decree restricting or affecting the development, manufacture or distribution of the Company's products or services or proposed products or services or limiting or restricting the Company's right to compete with any person in any respect.
Contracts and Other Commitments. Except as disclosed on SCHEDULE 2.5 and other than as filed by the Company with the Securities and Exchanges Commission ("SEC") as an exhibit pursuant to Item 601(b)(10) of Regulation S-K under the Securities Act, the Company and its Subsidiaries do not have and are not bound by any loans, liens, pledges, security interests agreements, indentures or other instruments defining the rights of security holders, under any securities or other financings upon which the Company or any Subsidiary is obligated or by which the Company is bound.
Contracts and Other Commitments. The Company is not bound by any contract, agreement, lease or commitment, written or oral, absolute or contingent, other than (a) contracts for the purchase or license of supplies, software and services that were entered into in the ordinary course of business that do not extend for more than one year from the date hereof, (b) sales contracts entered into the ordinary course of business and (c) contracts terminable at will by the Company on no more than 30 days' notice without cost or liability to the Company. For the purpose of this Section 2.7, employment and consulting contracts, contracts with labor unions, license agreements and any other agreements relating to the acquisition or disposition of Intangibles (as defined in Section 2.18) other than standard end-user license agreements will not be considered to be contracts entered into the ordinary course of business.
AutoNDA by SimpleDocs
Contracts and Other Commitments. (A) Except as set forth in Exhibit D hereto, the Company does not have any contracts, agreements, lease or other commitment, written or oral, absolute or contingent, other than (i) contracts for the purchase of supplies and services that were entered into in the ordinary and usual course of business and that do not involve more than $100,000 and that do not extend for more than one year beyond the date hereof and (ii) contracts terminable at will by the Company on no more than 30 days notice without cost or liability to the Company and are not material to the conduct of the Company's business. (B) Except as set forth in Exhibit D hereto, the Company has not (i) declared or paid any dividends, or authorized or made any distribution upon or with respect to any class or series of its capital stock, (ii) redeemed, directly or indirectly, any shares of its capital stock or otherwise purchased shares of its capital stock, or (iii) made any loans or advances to any person, or (iv) sold, exchanged or otherwise disposed of any of its assets or rights.
Contracts and Other Commitments. Neither the Company nor any of its Subsidiaries has or is bound by any contract, agreement, lease or commitment, written or oral, absolute or contingent, other than (a) contracts for the purchase of supplies and services that were entered into in the ordinary course of business, do not involve more than $50,000 and do not extend for more than one year beyond the date hereof, (b) sales contracts entered into in the ordinary course of business and (c) contracts terminable at will by the Company on no more than 30 days' notice without cost or liability to the Company or one of its Subsidiaries that are not material to the conduct of the business of the Company and its Subsidiaries. For the purpose of this Section 2.7, employment and consulting contracts, contracts with labor unions, license agreements and any other agreements relating to the acquisition or disposition of Intangibles (as defined in Section 2.18) other than standard end-user license agreements will not be considered to be contracts entered into in the ordinary course of business.
Contracts and Other Commitments. The Company is not a party to or in breach of any: (a) agreement, or group of related agreements, for the purchase of assets that involves an expenditure by the Company in excess of $25,000; (b) indenture, loan or credit agreement, security agreement, promissory note or other agreement or instrument, or group of related agreements or instruments, relating to or evidencing indebtedness for borrowed money in excess of $25,000; (c) lease or other agreement, or group of related leases or other agreements, under which the Company is lessee of or holds or operates any property, real or personal, owned by any other person under which payments to such person exceed $25,000 per year; (d) license agreement, either as licensor or licensee, that is material to the Company's business; or (e) other agreement or group of related agreements under which the Company is obligated to make payments exceeding $25,000 or which could result in the loss by the Company of any rights that are material to the conduct of its business.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!