Common use of Defaults by the Company Clause in Contracts

Defaults by the Company. The Company is not, and since the Balance Sheet Date has not been, in default under any agreement, deed, instrument, arrangement or covenant to which it is a party or in respect of any other obligations or restrictions binding upon it or liable in respect of any 42 representations or warranties (whether express or implied) or other matters giving rise to a duty of care on the part of the Company or subject to any Governmental Order and has not been party to any undertaking or assurance given to any Governmental Authority which is still in force.

Appears in 1 contract

Sources: Share Purchase Agreement (Sagent Technology Inc)

Defaults by the Company. The Company is not, not and since the Balance Sheet Date has not been, been:- 13.1.1. in default under any agreement, deed, instrument, arrangement or covenant to which it is a party or in respect default of any other obligations or restrictions binding upon it or liable in respect of any 42 representations or warranties (whether express or implied) or other matters giving rise to a duty of care on the part of the Company or it; 13.1.2. [intentionally omitted] 13.1.3. [intentionally omitted] 13.1.4. subject to any Governmental Order order or judgement given by any Court or government agency and has not been party to any undertaking or assurance given to any Governmental Authority Court or governmental agency which is still in force.

Appears in 1 contract

Sources: Agreement for the Sale and Purchase of Shares (Pharmacopeia Inc)