ARTA definition
Examples of ARTA in a sentence
There is no transaction, arrangement, or other relationship between ARTA or any of its subsidiaries and an unconsolidated or other off balance sheet entity that is not disclosed in its financial statements that should be disclosed in accordance with IFRS and that would be reasonably likely to have a Material Adverse Effect.
To the extent that similar rules or restrictions apply to ARTA Shares, TEUM agrees to comply with those.
Except as disclosed in the ARTA Financial Statements, there is no claim for Taxes that is a lien against the property of ARTA other than liens for Taxes not yet due and payable, none of which Taxes is material.
TEUM will make available for inspection by ARTA and its advisers, during normal business hours and in a manner so as not to interfere with normal business operations, all of TEUM’s records (including tax records), books of account, premises, contracts and all other documents in TEUM’s possession or control that are reasonably requested by ARTA or its advisers to inspect and examine the business and affairs of TEUM.
ARTA is qualified to do business and is in good standing in each jurisdiction in which the nature of its business or the properties owned or leased by it requires qualification.
Except as set forth in the Disclosure Schedules, there is no action, suit, investigation, audit or proceeding pending against, or to the knowledge of ARTA threatened against or affecting, ARTA or any of its assets or properties before any court or arbitrator or any governmental or other body, agency or official in which an unfavorable outcome would materially harm ARTA’s financial positon.
ARTA will make available for inspection by TEUM and its advisers, during normal business hours and in a manner so as not to interfere with normal business operations, all of ARTA’s records (including tax records), books of account, premises, contracts and all other documents in ARTA’s possession or control that are reasonably requested by TEUM or its advisers to inspect and examine the business and affairs of ARTA.
Except as set forth in the Disclosure Schedules, ARTA is not indebted to any officer or director of ARTA (except for compensation and reimbursement of expenses incurred in the ordinary course of business and payment of which is not overdue), and no such person is indebted to ARTA.
Except as set forth the Disclosure Schedules, no consent, filing with or notification to, or approval or authorization of any governmental, regulatory or other authority is required on the part of ARTA in connection with the execution, delivery and performance of this Agreement.
Except as set forth in the Disclosure Schedules, ARTA has duly and timely filed all Tax Returns required to be filed by it and has duly and timely paid all Taxes.