Contico definition
Examples of Contico in a sentence
So far as title to and the state and condition of the Real Property situated in England and Wales is concerned, with the exception of the title covenants to be given in the transfer of the Redruth Property, no other warranty or representation whatsoever is given by or on behalf of Contico or the Subsidiary save insofar as such warranty or representation is expressly contained in writing in replies to preliminary enquiries raised by Dibb ▇▇▇▇▇▇ ▇▇▇▇▇ on behalf of the Company.
So far as Contico is aware, neither Contico nor the Subsidiary have any continuing liability in respect of any other property formerly owned or occupied by Contico or the Subsidiary either as original contracting party or by virtue of any direct covenant having been given on a sale or assignment to Contico or the Subsidiary or as a guarantor of the obligations of any other person in relation to such property.
The Consideration shall be payable by Contico in cash by wire transfer of immediately available funds.
Contico has no knowledge that any such building, structure or appurtenance (i) violates or breaches any restrictive covenant or any provision of any foreign, federal, state, or local law, or (ii) encroaches on any property owned by any other Person or on any public utility easements.
Attached hereto as Schedule 7.1(e)(i) are the audited financial statements of Contico for the fiscal year ended May 31, 1998 (the "Baseline Financial Statements") and the audited financial statements of Contico for the fiscal years ended May 31, 1996 and 1997, including a balance sheet and statement of operations (income), all of which were prepared in conformity with GAAP.
Products are sold primarily to the consumer storage, home and automotive, food service and sanitary maintenance markets, under both the Contico and Continental names.
At the Closing, Contico shall deliver to the Company one or more certificates of insurance evidencing that the insurance retained by it is in effect and providing for notification to the Company at least thirty (30) calendar days prior to the effective date of any termination or cancellation of such insurance.
The increased expense due to LIFO accounting resulted from price increases for the thermoplastic resins, a significant raw material in the Contico production process.
Except as set forth on Schedule 7.1(p) attached hereto, neither Contico nor the Subsidiary (i) is a party to or bound by any collective bargaining agreement or other contract with any labor or employee union or association representing any of the employees of Contico or the Subsidiary working in connection with the Business, (ii) is currently conducting negotiations with any labor union or (iii) is aware of any current attempt to organize any employees for the purpose of collective bargaining.
Following the Closing Date, Contico shall prepare and deliver to the Company, promptly after the filing thereof, copies of each sales, use and similar transfer tax return required to be filed by Contico with respect to transactions occurring on or before the Closing Date.