Common use of Material Contracts and Transactions Clause in Contracts

Material Contracts and Transactions. Other than as expressly contemplated by this Agreement, there are no Material Contracts to which the Purchaser is a party, except as previously disclosed to the Target or as disclosed in the Purchaser Public Documents. The Purchaser has made available to the Target a copy of each Material Contract. Each Material Contract of the Purchaser is in full force and effect, and there exists no material breach or violation of or default by the Purchaser under any Material Contract of the Purchaser, or any event that with notice or the lapse of time, or both, will create a material breach or violation thereof or default under any Material Contract by the Purchaser. To the best knowledge of the Purchaser, the continuation, validity and effectiveness of each Material Contract of the Purchaser will in no way be affected by the consummation of the Transaction. There exists no actual or threatened termination, cancellation or limitation of, or any amendment, modification or change to, any Material Contract of the Purchaser.

Appears in 11 contracts

Samples: Share Exchange Agreement (Swingplane Ventures, Inc.), Share Exchange Agreement (Swingplane Ventures, Inc.), Share Exchange Agreement (Swingplane Ventures, Inc.)

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Material Contracts and Transactions. Other than as expressly contemplated by this Agreement, there are no Material Contracts to which the Purchaser is a party, except as previously disclosed to the Target Members or as disclosed in the Purchaser Public Documents. The Purchaser has made available shall deliver to the Target a copy of each Material ContractContract of the Purchaser. Each Material Contract of the Purchaser is in full force and effect, and there exists no material breach or violation of or default by the Purchaser under any Material Contract of the Purchaser, or any event that with notice or the lapse of time, or both, will create a material breach or violation thereof or default under any Material Contract by the Purchaser. To the best knowledge of the Purchaser, the continuation, validity and effectiveness of each Material Contract of the Purchaser will in no way be affected by the consummation of the Transaction. There exists no actual or threatened termination, cancellation or limitation of, or any amendment, modification or change to, any Material Contract of the Purchaser.

Appears in 2 contracts

Samples: Exchange Agreement (Pivot Pharmaceuticals Inc.), Exchange Agreement (Pivot Pharmaceuticals Inc.)

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