No Current Business Operations Sample Clauses

No Current Business Operations. Neither ACCI nor it subsidiaries have any present business operations or any material liabilities or obligations of any nature and shall have no liabilities or obligations of any kind or nature whatsoever at time of Closing whether accrued, absolute, contingent or otherwise, including, without limitation, tax liabilities and interest due or to become due.
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No Current Business Operations. Other than the operation of API, GEYR has no present business operations or subsidiaries, and no liabilities or obligations of any nature and shall have no material liabilities or obligations at time of Closing whether accrued, absolute, contingent or otherwise, including, without limitation, tax liabilities and interest due or to become due.
No Current Business Operations. At November 30, 1999, SPOS has divested of its business operations. Except for audit fees related to the audit of its November 30, 1999 fiscal year. SKIS has no liabilities of any nature whatsoever as of the Closing hereunder, whether accrued, absolute, contingent or otherwise, and including, without limitation, tax liabilities and interest due or to become due
No Current Business Operations. TMFT has no present business operations or subsidiaries, and no liabilities or obligations of any nature and shall have no liabilities or obligations at time of Closing whether accrued, absolute, contingent or otherwise, including, without limitation, tax liabilities and interest due or to become due.
No Current Business Operations. At March 31, 2004 SFI has divested of its business operations and has no liabilities of any nature whatsoever as of the Closing hereunder, whether accrued, absolute, contingent or otherwise, and including, without limitation, tax liabilities and interest due or to become due.
No Current Business Operations. Smart has no present business operations and no liabilities of any nature except to the extent reflected or reserved against the July 31, 1998 Balance Sheet of Smart, whether accrued, absolute, contingent or otherwise, including, without limitation, tax liabilities and interest due or to become due.
No Current Business Operations. Enterprise has no present business operations or subsidiaries, and no liabilities or obligations of any nature and shall have no liabilities or obligations at time of Closing whether accrued, absolute, contingent or otherwise, including, without limitation, tax liabilities and interest due or to become due.
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Related to No Current Business Operations

  • Business Operations Company will provide all necessary equipment, personnel and other appurtenances necessary to conduct its operations. Company will conduct its business operations hereunder in a lawful, orderly and proper manner, considering the nature of such operations, so as not to unreasonably annoy, disturb, endanger or be offensive to others on the Airport. Company will provide all services under this Agreement on a fair and reasonable basis to all users of the Airport. Service will be prompt, courteous and efficient.

  • The Business The parties acknowledge that the Company is engaged in the development, marketing and sale of certain proprietary technologies, processes and related products in the areas of chemical detection, technical processes, and technical/business services, and that the Company may also from time to time become or may intend to become engaged in other business endeavors (individually and collectively, the "BUSINESS"). The Company shall be deemed to intend to become engaged in a business endeavor if it has devoted or expended any significant resources, either financial or human resources, towards the proposed endeavor, either in planning or implementing the undertaking of such planned endeavor.

  • Outside Businesses Subject to the provisions of Section 6.3, any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the activities of the Trust, and the Trust and the Holders of Securities shall have no rights by virtue of this Trust Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the activities of the Trust, shall not be deemed wrongful or improper. No Covered Person, the Sponsor, the Delaware Trustee or the Property Trustee shall be obligated to present any particular investment or other opportunity to the Trust even if such opportunity is of a character that, if presented to the Trust, could be taken by the Trust, and any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee shall have the right to take for its own account (individually or as a partner or fiduciary) or to recommend to others any such particular investment or other opportunity. Any Covered Person, the Delaware Trustee and the Property Trustee may engage or be interested in any financial or other transaction with the Sponsor or any Affiliate of the Sponsor, or may act as depositary for, trustee or agent for, or act on any committee or body of holders of, securities or other obligations of the Sponsor or its Affiliates.

  • Operation of the Business Between the date of this Agreement and the Closing, Seller shall:

  • Operations As of the date hereof, the Company has not conducted, and prior to the IPO Closing the Company will not conduct, any operations other than organizational activities and activities in connection with offerings of its securities.

  • Ongoing Operations From the Effective Date through Closing:

  • Continued Business No supplier, customer, distributor or sales agent of the Company or any subsidiary has notified the Company or any subsidiary that it intends to discontinue or decrease the rate of business done with the Company or any subsidiary, except where such discontinuation or decrease has not resulted in and could not reasonably be expected to result in a Material Adverse Effect.

  • Non-Company Business Except with the prior written consent of the Board, Executive will not during the term of Executive’s employment with the Company undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of Executive’s duties hereunder.

  • Time Off for Union Business Leave of absence without pay and without loss of seniority will be granted:

  • Businesses The Borrower is presently engaged directly or through wholly-owned Subsidiaries in the business of providing industrial services to customers in the petrochemical, refinery, power, pipeline, pulp and paper, steel, and other industries.

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