Common use of Options and guarantees Clause in Contracts

Options and guarantees. So far as the Vendor is aware the Company is not a party to any option or pre-emption right, or a party to nor has it given any guarantee, suretyship, comfort letter or any other obligation (whatever called) to pay, provide funds or take action in the event of default in the payment of any indebtedness of any other person or in the performance of any obligation of any other person.

Appears in 1 contract

Sources: Share Sale Agreement (Smtek International Inc)

Options and guarantees. So far as the Vendor is aware the Company is not a party to any option or pre-emption right, or a party to nor has it given any guarantee, suretyship, comfort letter guarantee or suretyship or any other obligation (whatever called) to pay, purchase or provide funds (whether by the advance of money, the purchase of or take action in subscription for shares or other securities, the event purchase of assets or services, or otherwise) for the payment of, indemnity against the consequence or default in the payment of of, or otherwise to be responsible for, any indebtedness of any other person or in the performance of any obligation of any other person.. THE COMPANY AND ITS BANKERS

Appears in 1 contract

Sources: Share Purchase Agreement (Smtek International Inc)