Caza definition
Examples of Caza in a sentence
The information and statements set forth in the Caza Public Record after December 31, 2015 as they relate to Caza, were true, correct, and complete in all material respects and did not contain any misrepresentation, as of the effective dates of such information or statements and no material change has occurred in relation to Caza which is not disclosed in the Caza Public Record, and Caza has not filed any confidential material change reports which continue to be confidential.
Caza has received no notice, directive or advisory from any Governmental Authority of any Environmental Condition with respect to Caza or any Caza Subsidiary that would have a Material Adverse Effect on Caza.
Caza has the requisite corporate power and capacity to enter into this Agreement and to carry out its obligations hereunder.
There are no Liens for Taxes upon any property or assets of the Caza Group, other than Liens for Taxes not yet due and payable and for which the Corporation has provided adequate accruals in its consolidated financial returns in accordance with Canadian GAAP.
The Offeror may assign all and not less than all of its rights or obligations under this Agreement to a direct or indirect wholly-owned subsidiary of the Offeror or an affiliate of the Offeror, provided that if such assignment takes place, the Offeror shall continue to be liable to Caza for any default in performance by the assignee.
Caza shall, in accordance with the foregoing and subject to the provisions of the Act, assist the Offeror to secure the resignations of such directors of Caza to be effective at such time as may be required by the Offeror and to cause the appointment of the Offeror nominees to fill the vacancies so created in order to effect the foregoing without the necessity of a shareholders’ meeting.
Without limiting the generality or qualifying the preceding sentence or any other representation or warranty contained in this Agreement, Minera Caza S.A. de C.V. and Minera Canarc de Mexico S.A. de C.V. are, in each case, not currently in compliance with certain Laws (which are not Environmental Laws) in Mexico, but no such failure to comply with such Laws would reasonably be expected to result in a Material Adverse Change with respect to Caza and the Caza Subsidiaries taken as a whole.
Caza has not retained nor will it retain any financial adviser, broker, agent or finder or paid or agreed to pay any financial advisor, broker, agent or finder on account of this Agreement, the Offer, any transaction contemplated hereby or any transaction presently ongoing or contemplated.
The corporate records and minute books of Caza, and each of the Caza Subsidiaries have been maintained in accordance with all applicable statutory requirements and are complete and up-to-date in all material respects except for minutes relating to this Agreement, the Offer or any other Acquisition Proposals.
As of the date hereof, Caza Options to purchase 5,750,001 Caza Shares and Caza Warrants to purchase 88,160,000 Caza Shares in aggregate have been granted and are outstanding, the expiry dates and exercise prices of which are detailed in the Disclosure Letter.