Common use of No Breach of Material Contracts Clause in Contracts

No Breach of Material Contracts. Each Purchased Company has performed all of the material obligations required to be performed by it under the Material Contracts in all material respects. To the knowledge of the Sellers, no Purchased Company has received written notice alleging that it is in default of any Material Contract to which it is a party. Each of the Material Contracts is in full force and effect, and there exists no material default or event, occurrence, condition or act (including the transactions contemplated herein) which, with the giving of notice, the lapse of time or the happening of any other event or condition, would become a material default or event of default of any Purchased Company or, to the knowledge of the Sellers, any Purchased Company’s counterparty under any Material Contract. True, correct and complete copies of all Material Contracts have been delivered to the Purchaser.

No Breach of Material Contracts. Each Purchased Company Corporation has performed all of the material obligations required to be performed by it and is entitled to all benefits under the Material Contracts in all material respects. To the knowledge of the Sellers, no Purchased Company has received written notice alleging that to which it is a party. No Purchased Corporation is alleged to be in default of any Material Contract to which it is a party. Each of the Material Contracts is in full force and effect, unamended, and there exists no material default or event of default or event, occurrence, condition or act (including the transactions contemplated herein) which, with the giving of notice, the lapse of time or the happening of any other event or condition, would become a material default or event of default of any Purchased Company or, to the knowledge of the Sellers, any Purchased Company’s Corporation or its counterparty under any Material Contract. True, correct and complete copies of all Material Contracts have been delivered to the Purchaser. All Contracts with non-arm’s length Persons, if any, do not contain any non-market terms.

No Breach of Material Contracts. Each Purchased Company of the Vendor and the Company, as applicable, has performed in all material respects all of the material obligations required to be performed by it and is entitled to all benefits under the Material Contracts in all material respectsContracts. To Neither the knowledge of Vendor nor the Sellers, no Purchased Company has received written notice alleging that it is alleged to be in default of any Material Contract to which it is a partyContract. Each of the Material Contracts is in full force and effect, and unamended, and, to the knowledge of the Vendor, there exists no material default or event of default or event, occurrence, condition or act (including the transactions contemplated hereinpurchase of the Purchased Shares) which, with the giving of notice, the lapse of time or the happening of any other event or condition, would become a material default or event of default of any Purchased Company or, to the knowledge of the Sellers, any Purchased Company’s counterparty under any Material Contract. True, correct and complete copies of all written Material Contracts have been delivered to the Purchaser.