COTC Company definition
Examples of COTC Company in a sentence
Within thirty (30) days following the ---------------------------- execution of this Agreement, Sellers Representative and Purchaser shall mutually select a qualified environmental consultant (at the sole cost and expense of Purchaser) to conduct, and prepare, a Phase I Environmental Report (or, at Purchaser's option, an Environmental Site Survey) with respect to COTC Company properties and operations, which review shall be conducted in accordance with ASTM standards.
No COTC Company is a party to any collective bargaining agreement.
Except as disclosed in Section 2.16 of Sellers --------------- Disclosure Schedule, no COTC Company has paid, or agreed to pay, any brokerage, finder's, consultant's, or other fee or commission in connection with the transactions contemplated by this Agreement.
There are no options, warrants or other rights, agreements, arrangements or commitments of any character, including without limitation voting agreements or arrangements, relating to the issued or unissued capital stock of any COTC Company or obligating any COTC Company to issue or sell any shares of capital stock of any COTC Company.
No COTC Company has any arrangement to provide ---------------------- post-retirement medical or life insurance benefits, with any present or former director, officer or other employee of any COTC Company.
There have been no disputes concerning material easements in which any COTC Company has been involved during the last five (5) years.
Except as disclosed on Section 2.10(h) of Sellers -------------------- Disclosure Schedule, no COTC Company is a party to any employment, consulting, severance or other similar contracts with present or former employees, consultants, officers or directors of any COTC Company.
No provision of any such Plan, nor any amendment thereto, would result in any limitation on the rights of any COTC Company to terminate each such Plan and to receive any residual amounts under Section 4044 of ERISA.
No trust maintained or contributed to by any COTC Company is intended to be qualified as a voluntary employees' beneficiary association or is intended to be exempt from federal income taxation under Section 501(c)(9) of the Code.
Each COTC Company has the requisite corporate power and authority necessary to own, lease and operate its properties and to carry on its business as it is now being conducted.