Export Matters. Except as set forth in Section 3.23 of the Disclosure Schedule or as would not reasonably be expected to be material to the Company and its Subsidiaries, taken as a whole, the Company and its Subsidiaries are, and have been at all times from January 1, 2015, in compliance with applicable United States and foreign export control Laws and regulations and with the various applicable economic sanctions Laws administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the United Nations Security Council, the European Union or Her Majesty’s Treasury, the Export Administration Regulations maintained by the U.S. Department of Commerce, or the International Traffic in Arms Regulations maintained by the U.S. Department of State (“Export and Sanctions Regulations”). There are no pending or, to the Knowledge of the Company, threatened claims or investigations by any Governmental Authority of potential violations against the Company or any of its Subsidiaries with respect to Export and Sanctions Regulations.
Appears in 2 contracts
Sources: Merger Agreement (Magicjack Vocaltec LTD), Merger Agreement (B. Riley Financial, Inc.)
Export Matters. Except as set forth in Section 3.23 3.22 of the Disclosure Schedule Letter or as has not had and would not reasonably be expected to be material to have, individually or in the Company and its Subsidiariesaggregate, taken as a wholeMaterial Adverse Effect, the Company and its Subsidiaries are, and have been at all times from January 1, 20152014 been, in compliance with applicable United States and foreign export control Laws laws and regulations and with the various applicable economic sanctions Laws laws administered by the Office of Foreign Assets Control of the U.S. Department of the TreasuryTreasury (“OFAC Sanctions Regulations”). Without limiting the foregoing, there are no pending claims or, to the United Nations Security CouncilKnowledge of the Company, there are no threatened claims or pending or threatened investigations by any Governmental Authority of potential violations against the European Union Company or Her Majesty’s Treasuryany of its Subsidiaries with respect to OFAC Sanctions Regulations, the Export Administration Regulations maintained by the U.S. Department of Commerce, or the International Traffic in Arms Regulations maintained by the U.S. Department of State (“Export and Sanctions Regulations”). There are no pending orthat would reasonably be expected to have, to individually or in the Knowledge of the Companyaggregate, threatened claims or investigations by any Governmental Authority of potential violations against the Company or any of its Subsidiaries with respect to Export and Sanctions Regulationsa Material Adverse Effect.
Appears in 2 contracts
Sources: Merger Agreement (Keysight Technologies, Inc.), Merger Agreement (Ixia)