Connaissance definition
Examples of Connaissance in a sentence
Connaissance is a limited liability company duly organized, validly existing, and in good standing under the laws of the jurisdiction of its organization.
To the knowledge of Seller, Connaissance does not need to give any notice to, make any filing with, or obtain any authorization, consent, or approval of any government or governmental agency in order for the parties to consummate the transactions contemplated by this Agreement.
Seller acknowledges and agrees that from and after the Closing Buyer will be entitled to possession of all documents, books, records (including Tax records), agreements, and financial data of any sort relating to Connaissance .
On or before the 30th day following the execution and delivery of this Agreement by the parties, Buyer shall cause Connaissance to enter into an agreement providing for reimbursement to Seller or Norstan, whichever is applicable, for any office or other space leased by Seller or Norstan and currently occupied by Connaissance on the same basis that Connaissance is being charged for such space prior to the Closing, such reimbursement to continue for the remainder of each applicable lease term.
Connaissance is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required.
Seller Disclosure Schedule lists all federal, state, local, and foreign income Tax Returns filed with respect to Connaissance for taxable periods ended on or after April 30, 2000, indicates those Tax Returns that have been audited, and indicates those Tax Returns that currently are the subject of audit.
Connaissance has full organizational power and authority and all licenses, permits, and authorizations necessary to carry on the businesses in which it is engaged and in which it presently proposes to engage and to own and use the properties owned and used by it.
To the knowledge of Seller, there are no voting trusts, proxies, or other agreements or understandings with respect to the voting of any membership interest in Connaissance.
Except as otherwise specifically provided herein, the knowledge of Buyer as a member of Connaissance shall not be attributed to the knowledge of Seller.
Neither Seller nor Norstan is a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any membership interest of Connaissance.