Allied. Allied membership is open to individuals, organizations, associations, and businesses (worldwide) that supports the Association’s mission and goals.
Allied. In the event Employer’s Administrator is Allied, then the following shall apply:
Allied. In the event Employer’s Administrator is Allied, then NGBS shall provide Employer the following administrative services with regard to the Plan:
Allied. (i) is acquiring the Warrants and Debentures being purchased by it hereunder and will, upon conversion of the Warrants, acquire the Warrant Shares, for its own account for the purpose of investment and not with a view to or for sale in connection with any distribution thereof; (ii) understands that the Warrants, the Debentures and the Warrant Shares have not been registered under the Securities Act by reason of their issuance in a transaction exempt from the registration requirements of the Securities Act pursuant to Section 4(2) thereof and may not be offered or sold except pursuant to an effective registration statement or an available exemption from the registration requirements under the Securities Act; and (iii) is an "accredited investor" as defined in Regulation D as promulgated under the Securities Act. Allied agrees that the certificates representing the Debentures, the Warrants and the Warrant Shares will bear restrictive legends to the effect of clause (ii) of the preceding sentence and that the Parent may require an opinion of counsel, in form and substance reasonably satisfactory to the Parent, to the effect that any proposed transfer will not result in any violation of the Securities Act and the rules and regulations thereunder.
Allied the Borrower or any Subsidiary shall (i) fail to pay any principal or interest, regardless of amount, due in respect of any Indebtedness in a principal amount in excess of $5,000,000, when and as the same shall become due and payable, or (ii) fail to observe or perform any other term, covenant, condition or agreement contained in any agreement or instrument evidencing or governing any such Indebtedness if the effect of any failure referred to in this clause (ii) is to cause, or to permit the holder or holders of such Indebtedness or a trustee on its or their behalf (with or without the giving of notice, the lapse of time or both) to cause, such Indebtedness to become due prior to its stated maturity;
Allied. SRCP and Xxxxxxx are concurrently with the execution of this Agreement acquiring either shares of the capital stock of the Company or warrants to acquire such shares.
Allied. Nevada has all the requisite corporate power, capacity and authority to enter into this Agreement.
Allied. Mist-O-Gen ------------------------------- Jurisdiction: Circuit Court of Illinois, Will Co. Date of incident: October 20, 1995 Case file date: October 15, 1996 Product involved: Mist-O-Gen TAB 25 Tubing Dryer Case type: Personal injury
