Cimtech definition
Examples of Cimtech in a sentence
The books and records of Cimtech have been, and are being, maintained in accordance with all applicable legal and accounting requirements.
Cimtech is not aware of any current attempts to organize or establish any labor union or employee association with respect to any employees of Cimtech, and there is no existing or pending certification of any such union with regard to a bargaining unit.
No material portion of the inventory of Cimtech is unfit for the purpose for which it was procured, or is obsolete, expired, damaged or defective.
All notes and accounts receivable of Cimtech are reflected properly on Cimtech's books and records, are not subject to any setoff or counterclaim, are current and collectible, subject only to the reserve for bad debts, if any, established in accordance with the past practice of Cimtech.
Correct and complete copies of the Articles of Incorporation and By-Laws of Cimtech, as in effect on the date of this Agreement, have been made available to EAI by Cimtech.
EAI shall also use its reasonable efforts to obtain all necessary state securities law or "Blue Sky" qualifications, permits and approvals required to carry out the transactions contemplated by this Agreement, and Cimtech shall furnish all information concerning Cimtech and the holders of Cimtech Common Stock as may be reasonably requested by EAI in connection with such qualifications, permits and approvals.
Cimtech shall, upon request, furnish EAI with all information or documents concerning Cimtech and its directors, officers and shareholders and such other matters as may be reasonably necessary or advisable in connection with the PPM/Proxy Statement.
There are no outstanding powers of attorney executed on behalf of Cimtech.
EAI shall have paid ▇▇▇▇▇▇ $280,000 less a retainer of $20,000 previously paid by Cimtech in payment of ▇▇▇▇▇▇'▇ fee as broker for Cimtech in the Merger.
None of the written information to be supplied by Cimtech for inclusion in the private placement memorandum and proxy statement contemplated by this Agreement (the "PPM/Proxy Statement") will, at the time the PPM/Proxy Statement is mailed to the Cimtech shareholders, at any time it is amended or supplemented, or at the Closing Date, contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading.