Cavio definition
Examples of Cavio in a sentence
Securityholder hereby remises, releases and forever discharges Cavio, its directors, officers, employees and agents, and any such successors and assigns from all actions, causes of action, suits, proceedings, debts, dues, profits, expenses, contracts, damages, claims, demands and liabilities whatsoever, in law or equity, which the Securityholder ever had, now has, or may have against Cavio for or by reason of any matter, cause or thing whatsoever done or omitted to be done by Cavio up to the Closing Date.
CAVIO CORPORATION is a Washington corporation with authorized capital stock of 200,000,000 common shares par value and 15,000,000 preferred shares without par value of which a total of 17,681,000 shares (common - 15,987,375; preferred - 1,693,625) of capital stock are issued and outstanding or issuable pursuant to outstanding warrant, options, preferred shares and other convertible securities on a fully diluted basis (the "Cavio Securities").
Executive and the Company agree that during -------------------- the Term (as defined below), his services will be performed at Cavio Corporation's principal offices in Vancouver, British Columbia, or such other place as agreed to between the Executive and the Company, subject to any necessary travel requirements of his position and duties hereunder.
From the date of the Cavio Financial Statements to the Closing Date, there has been no material change in the properties, assets, liabilities, financial condition, business, operations, affairs or prospects of CAVIO from that set forth or reflected in the Cavio Financial Statements, other than changes in the ordinary course of business, none of which have been, either in any case or in the aggregate, materially adverse.
CAVIO has furnished to DCIV audited management prepared financial statements as of October 31, 2001 and unaudited financial statements as of March 31, 2002 which farily present the financial condition of Cavio (the "Cavio Financial Statements").
CAVIO and Securityholder are aware of potential or threatened litigation concerning a similar agreement entered into by CAVIO and Securityholder with Cavio International Corporation ("CVIC").
Additionally, Securityholder can deliver the Cavio Securities free and clear of all liens and encumbrances.