Big Token definition
Examples of Big Token in a sentence
Big Token is not and has not been a party to any Tax allocation or sharing agreement.
There is no voting trust, agreement or arrangement related to any Equity Securities of Big Token.
Schedule 5.28 discloses the title and number of each bank or other deposit or financial account, and each lock box and safety deposit box used by Big Token since January 1, 2018, the financial institution at which that account or box is maintained and the names of the persons authorized to draw against the account or otherwise have access to the account or box, as the case may be.
The execution, delivery and performance by the Company and Big Token of this Agreement and each of the Transaction Documents to which the Company and Big Token are a party have been duly authorized by all necessary corporate action and do not require from the Company and Big Token Boards or the shareholders if Company or Big Token, any consent or approval that has not been validly and lawfully obtained.
Except as would not have a Material Adverse Effect, Big Token owns (with good and marketable title in the case of real property) or holds under valid leases or other rights to use all real property, plants, machinery and equipment necessary for the conduct of the business of Big Token as presently conducted, free and clear of all Liens, except Permitted Liens.
The authorized capital stock of Big Token consists of 1,000,000 shares of Class A Common Stock, of which 0 shares of Class A Common Stock are issued and outstanding, 1,000,000 shares of Class B Common Stock, of which 1,000,000 shares are issued and outstanding, and 398,000,000 shares of preferred stock, of which 0 shares are issued and outstanding.
Except as would not have a Material Adverse Effect, the business and operations of Big Token has been and is being conducted in accordance with all applicable Laws and Orders.
Except as would not have a Material Adverse Effect, Big Token has not received notice of any violation (or any Proceeding involving an allegation of any violation) of any applicable Law or Order by or affecting Big Token, to the knowledge of the Company and Big Token, no Proceeding involving an allegation of violation of any applicable Law or Order is threatened or contemplated.
Since inception, Big Token has not experienced or suffered any Material Adverse Effect.
Big Token has provided to the Acquiror Company, prior to the date of this Agreement, true, correct and complete copies of each written Material Contract, including each amendment, supplement and modification thereto.