Examples of Choom in a sentence
Except as set forth above or as required by applicable Laws or regulations or by any Governmental Entity, the Shareholder shall make no public announcement or statement with respect to this Agreement without the approval of Choom.
The Shareholder agrees to consult with Choom prior to issuing each public announcement or statement with respect to this Agreement, subject to the overriding obligations of Laws.
The Shareholder consents to the details of this Agreement being described in any information circular or press release prepared by Phivida or Choom in connection with the Arrangement and in any material change report prepared by Phivida or similar filing prepared by Choom in connection with the execution and delivery of this Agreement and the Arrangement Agreement, and this Agreement being made publicly available, including by filing on SEDAR.
Each of this Agreement and the Arrangement Agreement has been duly executed and delivered by Choom and constitutes a valid and binding obligation of Choom, enforceable against Choom in accordance with its terms, subject to applicable bankruptcy, insolvency and other Laws of general application limiting the enforcement of creditors’ rights generally and to the fact that equitable remedies, including specific performance, are discretionary and may not be ordered in respect of certain defaults.
The execution, delivery and performance of this Agreement and the Arrangement Agreement have been duly authorized by the Choom Board and no other corporate proceedings on its part are necessary to authorize this Agreement, the Arrangement Agreement or the Arrangement.
Choom believes the claim is without merit.Choom received a statement of claim on April 8, 2020 brought by Nissman Holdings Limited.
The claim alleges a breach of contract by Choom pursuant to an agreement with CFPM.
DS-3 and Optical SONET Service is considered inoperative when there has been a loss of signal or when two consecutive 15 second loop-back tests confirm the observation of any severely errored seconds or a bit error rate equal to or worse than 1 x (10 raised to -3).
Choom has all necessary corporate power, authority and capacity to enter into this Agreement and the Arrangement Agreement and all other agreements and instruments to be executed by Choom as contemplated by the Arrangement Agreement and to perform its obligations hereunder, thereunder and under such agreements and instruments.
The claim was initiated in Alberta, which is the wrong forum under the CFPM agreement and Choom is seeking to have this claim stayed on that basis.