ASFT definition

ASFT is defined in Section 3(c).
View Source

Examples of ASFT in a sentence

  • The purpose of this agreement is to define the relations between the signatories of this agreement with a view to a consistent organisation of the provision of services in accordance with the Grand-Ducal Regulation of 14 November 2013 concerning the authorisation to be granted to providers of education and childcare services (ASFT Act).

  • The Recipient shall maintain the ASFT in form and substance and with resources and functions satisfactory to the Association at least until the end of the first year of Project implementation.

  • The ASFT shall comprise, among others, technical specialists from ASLMs.

  • The authorized capital stock of ASFT consists of 30,000,000 shares of common stock, no par value, of which immediately prior to the Closing, no more than 16,921,347 shares shall be issued and outstanding.

  • All of the issued and outstanding shares of capital stock of ASFT, as of the Closing, are duly authorized, validly issued, fully paid, non-assessable and free of preemptive rights.

  • In this regard, each ASFT Shareholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act.

  • The books and records of ASFT delivered to VNUN prior to the Closing fully and fairly reflect the transactions to which ASFT is a party or by which they or their properties are bound.

  • VNUN has delivered to ASFT true, accurate and complete copies of its certificate or articles of incorporation and bylaws, which reflect all restatements of and amendments made thereto at any time prior to the date of this Agreement.

  • The execution, delivery and performance of this Agreement by ASFT and the consummation by ASFT of the transactions contemplated hereby have been duly authorized by the Board of Directors of ASFT and no other actions on the part of ASFT are necessary to authorize this Agreement or the transactions contemplated hereby.

  • Prior to the Closing, each party shall be entitled, through its employees and representatives, to make such investigations and examinations of the books, records and financial condition of ASFT and VNUN (and any Subsidiary) as each party may request.