Common use of Corporate Condition Clause in Contracts

Corporate Condition. The Company has been named as a cross-defendant in a cross-complaint filed by ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ in an action pending in the Superior Court State of California for the County of ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇. ▇▇▇▇▇▇. This action was initiated by Biologix International, Ltd. against ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ on October 22, 1999 alleging causes of action against ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ for: (1) temporary restraining order and preliminary and permanent injunction; (2) breach of fiduciary duty; (3) fraud by intentional misrepresentation;