Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted. (b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 2 contracts
Sources: Merger Agreement (Excite Inc), Merger Agreement (At Home Corp)
Compliance; Permits; Restrictions. Except as set forth on Schedule 2.9 or disclosed in Company SEC Reports filed prior to the date hereof:
(a) Neither the Company nor any of its subsidiaries is, in any material respect, Subsidiaries is in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries Subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries Subsidiaries is a party or by which the Company or any of its subsidiaries Subsidiaries or its or any of their respective properties is bound or affected, affected except for those conflicts, defaults or violations and defaults that (individually or in the aggregate) which would not cause be reasonably expected to have a Company Material Adverse Effect. Except as disclosed on Schedule 2.9 to the Company to lose any material benefit or incur any material liability. No knowledge of the Company, no investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been or threatened in a writing delivered to the Company, against the Company or any of its subsidiariesSubsidiaries, nor, to the Company's knowledge, nor has any Governmental Entity indicated in writing an intention to conduct an investigation of the same; other than those which would not reasonably be expected to have a Company or any of its subsidiariesmaterial Adverse Effect. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries Subsidiaries which has or could would reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiariesSubsidiaries, any acquisition of material property by the Company or any of its subsidiaries Subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, Subsidiaries hold all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that which are material necessary to and required for the operation conduct of the business of the Company as currently conducted except those the absence of which would not, individually or in the aggregate, be reasonably likely to have a Company Material Adverse Effect. (collectively, the "COMPANY PERMITS"“Company Permits”). The Company and its subsidiaries Subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Dynamic Health Products Inc), Agreement and Plan of Reorganization (GeoPharma, Inc.)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITSCompany Permits"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 2 contracts
Sources: Merger Agreement (Palm Inc), Merger Agreement (Extended Systems Inc)
Compliance; Permits; Restrictions. (ai) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, affected (except for conflicts, violations and defaults that (individually such default or in the aggregate) violation which would not cause have a Material Adverse Effect on the Company to lose any material benefit or incur any material liabilityCompany). No To the knowledge of the Company, no investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been or threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, nor has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiariessame. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conductedconducted (except such prohibition or impairment which would not have a Material Adverse Effect on the Company).
(bii) The Company and its subsidiaries hold, to the extent legally required, hold all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that are material to and required for the operation of the business of governmental authorities that, if not held by the Company as currently conducted or its subsidiaries, would have a Material Adverse Effect on the Company (collectively, the "COMPANY PERMITSCompany Permits"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, Permits (except where the failure to be in such non-compliance with the terms of the Company Permits would not be material to have a Material Adverse Effect on the Company).
Appears in 2 contracts
Sources: Merger Agreement (Golden Gate Acquisitions Inc), Merger Agreement (MDL Information Systems Inc)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, clearances, consents, orders and approvals from Governmental Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Healtheon Corp), Agreement and Plan of Reorganization (Healtheon Corp)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, Subsidiaries is in conflict with, or in default or in violation of (i) to the knowledge of the Company, any lawLaw, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries Subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, and assets are bound or affected, ; or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries Subsidiaries is a party or by which the Company or any of its subsidiaries or its Subsidiaries or any of their respective properties is and assets are bound or affected, except for conflicts, defaults or violations and defaults that (which, neither individually or in the aggregate) , would not cause reasonably be expected to have a Material Adverse Effect on Company. To the Company to lose any material benefit or incur any material liability. No knowledge of Company, no investigation or review by any Governmental Entity Authority is pending or, to the Company's knowledge, has been or threatened in a writing delivered to the Company, against the Company or any of its subsidiariesSubsidiaries, nor, to the Company's knowledge, nor has any Governmental Entity Authority indicated an intention to conduct an investigation of the Company same, except for investigations which, neither individually or any of its subsidiariesin the aggregate, would reasonably be expected to have a Material Adverse Effect on Company. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries Subsidiaries which has or could would reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiariesSubsidiaries, any acquisition of material property by the Company or any of its subsidiaries Subsidiaries or the conduct of business by the Company and any of its Subsidiaries as currently conducted or currently proposed to be conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, Subsidiaries hold all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that are material to and required Authorities for the operation of the its respective business of Company, failure to hold which would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect on Company as currently conducted (collectively, the "COMPANY PERMITSCompany Permits"). The Company and its subsidiaries Subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 2 contracts
Sources: Merger Agreement (Quantum Corp /De/), Merger Agreement (Maxtor Corp)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, is not in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered threatened. Company is not aware of any facts or circumstances concerning Company that could reasonably be expected to the Company, against the Company or give rise to any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or by any of its subsidiariesGovernment Entity. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries holdholds, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities governmental authorities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITSCompany Permits"). The Company and its subsidiaries are is in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 2 contracts
Sources: Merger Agreement (Keravision Inc /Ca/), Agreement and Plan of Reorganization (Transcend Therapeutics Inc)
Compliance; Permits; Restrictions. (a) Neither To the Company knowledge of Anergen after reasonable inquiry, neither Anergen nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company Anergen or any of its subsidiaries or by which the Company Anergen or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, affected or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company Anergen or any of its subsidiaries is a party or by which the Company Anergen or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company Anergen to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the CompanyAnergen's knowledge, has been threatened in a writing delivered to the Company, Anergen against the Company Anergen or any of its subsidiaries, nor, to the CompanyAnergen's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company Anergen or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company Anergen or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducteda Material Adverse Effect on Anergen.
(b) The Company Anergen and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities governmental authorities that are material to and required for the operation of the business of the Company Anergen as currently conducted (collectively, the "COMPANY PERMITSAnergen Permits"). The Company Anergen and its subsidiaries are in compliance in all material respects with the terms of the Company Anergen Permits, except where the failure to be in compliance with the terms of the Company Anergen Permits would not be material to the Company.have a Material Adverse Effect on Anergen. A-17 18 2.11
Appears in 1 contract
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries Subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any lawLaw, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries Subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, and assets are bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries Subsidiaries is a party or by which the Company or any of its subsidiaries or its Subsidiaries or any of their respective properties is and assets are bound or affected. To the knowledge of the Company, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No no investigation or review by any Governmental Entity Authority is pending or, to the Company's knowledge, has been or threatened in a writing delivered to the Company, against the Company or any of its subsidiariesSubsidiaries, nor, to the Company's knowledge, nor has any Governmental Entity Authority indicated an intention to conduct an investigation of the Company or any of its subsidiariessame. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries Subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiariesSubsidiaries, any acquisition of material property by the Company or any of its subsidiaries Subsidiaries or the conduct of business by the Company and any of its Subsidiaries as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, Subsidiaries hold all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that Authorities which are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITSCompany Permits"). The Company and its subsidiaries Subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 1 contract
Sources: Merger Agreement (Cet Services Inc)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No To the knowledge of the Company, no investigation or review by any Governmental Entity is pending or, to the Company's knowledge, or has been threatened in a writing delivered to the Company, Company against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities governmental authorities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITSCompany Permits")) except for any such failure which would not individually or in the aggregate be material to the Company. The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 1 contract
Compliance; Permits; Restrictions. (a) Neither To the Company’s and the Shareholders’ knowledge, or as otherwise set forth in this Agreement, the Company nor any of its subsidiaries is, is not in any material respect, respect in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, affected or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No To the Company’s and the Shareholders’ knowledge, no investigation or review by any Governmental Entity is pending or, to the Company's knowledge, or has been threatened in a writing delivered to against the Company, against the Company or any of its subsidiaries, nor, to the Company's ’s or the Shareholders’ knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiariesCompany. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could would reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiariesPurchaser, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(ba) The Company and its subsidiaries holdholds, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"“the Company Permits”). The Company and its subsidiaries are is in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company or Purchaser.
(b) Except as set forth on Part 3.8(b) of the Company Schedules, there is no agreement (non-compete or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has, or may have the effect of, prohibiting or impairing any business practice of the Company, any acquisition of property or assets (whether tangible or intangible) by the Company, the conduct of business by the Company in any manner or otherwise limiting the freedom of the Company to engage in any line of business or compete with any person. Except as set forth in Part 3.8(b) of the Company Schedules, the Company has not entered into any agreement, understanding or other arrangement under which the Company is prohibited or restricted in any manner from selling, licensing or otherwise distributing any technology or products to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market.
Appears in 1 contract
Sources: Capital Stock Purchase Agreement (Amazing Technologies Corp.)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other material instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affectedaffected and, except for conflictsin either case, violations and defaults that (individually which default or in violation would have a Material Adverse Effect. To the aggregate) would not cause knowledge of the Company to lose any material benefit or incur any material liability. No Company, no investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been or threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, nor has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiariessame. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, hold all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities governmental authorities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITSCompany ------- Permits"). The Company and its subsidiaries are in compliance in all material respects with the terms ------- of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits do so would not be material to the Companyhave a Material Adverse Effect.
Appears in 1 contract
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, nor has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiariessame. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, hold all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that governmental authorities which are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits.
(c) The Company has no knowledge of any pending regulatory action of any sort against the Company, except where or any contract manufacturer (a "CONTRACT MANUFACTURER"), of certain of the failure to be Company's products by any regulatory agency or any other duly authorized governmental authority which regulates the homeland security and related industries in compliance with any jurisdiction which could have a Material Adverse Effect on the terms Company or in any material way limit or restrict the ability of the Company Permits would not be material to the Companymarket its existing products.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (TechAlt, Inc.)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, Company against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities governmental authorities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Atl Products Inc)
Compliance; Permits; Restrictions. (a) Neither the The Company nor any of its subsidiaries is, in any material respect, is not in conflict with, or in default or in violation of of
(i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses business or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the reasonably be expected to have a Company to lose any material benefit or incur any material liabilityMaterial Adverse Effect. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Companythreatened, against the Company or any of its subsidiariesCompany, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiariesCompany. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have (after giving effect to the Merger) the effect of prohibiting or materially impairing any current or future business practice of the Company or any of its subsidiariesCompany, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted or as currently proposed to be conducted.
(b) The Company and its subsidiaries holdholds, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Government Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS")) except for such permits, the failure of which to hold would not reasonably be expected to have a Company Material Adverse Effect. The Company and its subsidiaries are is in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not reasonably be material expected to the Companyhave a Company Material Adverse Effect.
Appears in 1 contract
Sources: Merger Agreement (24/7 Media Inc)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, nor has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiariessame. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, hold all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that governmental authorities which are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits.
(c) The Company has no knowledge of any pending regulatory action of any sort against the Company, except where or any contract manufacturer (a "CONTRACT MANUFACTURER"), of certain of the failure to be Company's products by any regulatory agency or any other duly authorized governmental authority which regulates the health services and related industries in compliance with any jurisdiction which could have a Material Adverse Effect on the terms Company or in any material way limit or restrict the ability of the Company Permits would not be material to the Companymarket its existing products.
Appears in 1 contract
Sources: Merger Agreement (Nannaco Inc)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, Company against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities governmental authorities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITSCompany Permits"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 1 contract
Sources: Merger Agreement (Quantum Corp /De/)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, nor has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiariessame. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Except with respect to pending litigation in the State of Ohio with respect to a license agreement to use a telecommunications switch, the Company and its subsidiaries hold, to the extent legally required, hold all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that governmental authorities which are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits.
(c) The Company has no knowledge of any pending regulatory action of any sort against the Company, except where or any contract manufacturer (a "CONTRACT MANUFACTURER"), of certain of the failure to be Company's products by any regulatory agency or any other duly authorized governmental authority which regulates the internet or music industry in compliance with any jurisdiction which could have a Material Adverse Effect on the terms Company or in any material way limit or restrict the ability of the Company Permits would not be material to the Companymarket its existing products.
Appears in 1 contract
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affectedbound, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective businesses or properties is bound or affectedbound, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Va Linux Systems Inc)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, Company against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The ) and the Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to so hold or be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Platinum Software Corp)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affectedbound, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective businesses or properties is bound or affectedbound, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.. 13 18
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Va Linux Systems Inc)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of 28 their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, ; or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITS"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Healtheon Corp)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, is in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment judgement or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses business or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the reasonably be expected to have a Company to lose any material benefit or incur any material liabilityMaterial Adverse Effect. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have (after giving effect to the Merger) the effect of prohibiting or materially impairing any current or future business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company or any of its subsidiaries as currently conducted or as currently proposed to be conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, orders and approvals from Governmental Government Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITSCompany Permits")) except for such permits, the failure of which to hold would not reasonably be expected to have a Company Material Adverse Effect. The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not reasonably be material expected to the Companyhave a Company Material Adverse Effect.
Appears in 1 contract
Sources: Merger Agreement (24/7 Media Inc)
Compliance; Permits; Restrictions. (a) Neither the Company nor any of its subsidiaries is, in any material respect, in conflict with, or in default or in violation of (i) to the knowledge of the Company, any law, rule, regulation, order, judgment or decree applicable to the Company or any of its subsidiaries or by which the Company or any of its subsidiaries or any of their respective businesses or properties is, or the Company believes is reasonably likely to be, bound or affected, or (ii) any material note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries or its or any of their respective properties is bound or affected, except for conflicts, violations and defaults that (individually or in the aggregate) would not cause the Company to lose any material benefit or incur any material liability. No investigation or review by any Governmental Entity is pending or, to the Company's knowledge, has been threatened in a writing delivered to the Company, against the Company or any of its subsidiaries, nor, to the Company's knowledge, has any Governmental Entity indicated an intention to conduct an investigation of the Company or any of its subsidiaries. There is no material agreement, judgment, injunction, order or decree binding upon the Company or any of its subsidiaries which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice of the Company or any of its subsidiaries, any acquisition of material property by the Company or any of its subsidiaries or the conduct of business by the Company as currently conducted.
(b) The Company and its subsidiaries hold, to the extent legally required, all permits, licenses, variances, exemptions, clearances, consents, orders and approvals from Governmental Entities that are material to and required for the operation of the business of the Company as currently conducted (collectively, the "COMPANY PERMITSCompany Permits"). The Company and its subsidiaries are in compliance in all material respects with the terms of the Company Permits, except where the failure to be in compliance with the terms of the Company Permits would not be material to the Company.
Appears in 1 contract