Common use of Suits and Other Actions Clause in Contracts

Suits and Other Actions. (A) To the best of CareCentric's knowledge, there is no litigation, arbitration or other governmental or private actions, suits, claims, proceedings or investigations (whether or not purportedly on behalf of or against CareCentric) concluded, pending or threatened against CareCentric which may have a material adverse effect upon CareCentric's ability to make this Agreement legal, valid, binding and enforceable or to carry out the transactions contemplated by this Agreement. CareCentric is not in default with respect to any order, writ, injunction or decree of any court or other governmental agency. (B) The execution, delivery and performance of this Agreement by CareCentric has not, and will not violate, or result in a breach of, or constitute a default under any judgment, order or decree to which it may be subject.

Appears in 2 contracts

Sources: Warrant Exchange Agreement (Carecentric Inc), Warrant Exchange Agreement (Carecentric Inc)