BVT definition
Examples of BVT in a sentence
All references in this Agreement to the “knowledge of Seller” or “to Seller’s knowledge” or any words of similar import shall refer only to the actual knowledge of ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ (the property manager) and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (the asset manager) who have been actively involved in the management of Seller’s business in respect of the Property in the capacities of representatives of BVT Management Services, Inc., an affiliate of Seller.
Except for the BVT Leases, as set out in Schedule 3.3(1)(d) or as provided in the BVT Financial Statements, no Persons other than BVT owns any Assets which are being used in the Business and there are no agreements or commitments by BVT to purchase property or assets, other than in the ordinary course of the Business.
The share certificate books, register of security holders, register of transfers and register of directors and any similar corporate records of BVT are complete and accurate in all material respects.
The BVT Documents and the BVT Material Contracts are the only material documents and contracts currently in effect under and by virtue of which BVT is entitled to the Assets or which otherwise relates to or affects the interest of BVT in the Assets.
If any such conditions contained in this Section 5.1 shall not be fulfilled or waived in writing by the Purchaser at or prior to the Time of Closing, the Purchaser may rescind this Agreement by written notice to the Vendors and BVT, in such event, the Purchaser, the Vendors, and BVT shall be released from all obligations hereunder.
UQ and BVT shall have completed the transfer of 50% of the UQ Warrants on a post consolidation basis, from certain warrant holders of UQ, equally to each of: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇.
At the Time of Closing, there will not be any outstanding subscriptions, rights, warrants or other agreements or commitments obligating BVT to sell or issue any additional shares or securities of any class of BVT or any securities convertible into any shares of any class of BVT.
The corporate records and minute books of UQ as provided to BVT are materially complete and accurate.
BVT has not received notice of any material defect in its title or claim to the Assets or any notice from any third party claiming such an interest, and, for the period of time that BVT has owned the Assets, as applicable, all material relevant obligations of BVT in relation to the Assets have been performed and observed.
The only employees of BVT are those employees named in Schedule 3.3(1)(n), all written employment agreements with respect to said employees have been provided to UQ and there are no outstanding amounts payable to employees other than in the ordinary course of business or as disclosed in the BVT Financial Statements.