Examples of Cyber Shareholders in a sentence
Except as disclosed in the Memorandum and/or IVG's Form 10Q for the period ending September 30, 2000, a copy of which has been provided to each of the Cyber Shareholders, none of the material contracts to which IVG was a party as of June 30, 2000 have been canceled or terminated as of the Closing Date.
Subject to and upon the terms and conditions set forth in this Agreement, on the Closing Date, the Cyber Shareholders will sell to GoalTimer, and GoalTimer will purchase all right, title and interest in and to the Cyber Shares by way of the issuance of 60,000,000 GoalTimer Exchange Shares by GoalTimer to the Cyber Shareholders, such shares to be issued to the Cyber Shareholders pro-rata to their ownership interest in the Cyber Shares.
Except as disclosed in the Memorandum and/or IVG's Form 10Q for the period ending September 30, 2000, a copy of which has been provided to each of the Cyber Shareholders, IVG is not a party to any litigation in any municipal, county, state, or federal court, and no judgment against IVG is existing and unsatisfied as of the Closing Date.
Notwithstanding the foregoing, the obligation of Cyber and the Cyber Principal Shareholder to complete the share exchange and related transactions hereunder is subject to the Cyber Shareholders collectively agreeing to tender to Cyber 100% of the issued and outstanding shares in Cyber.
Except as disclosed in the Memorandum and/or IVG's Form 10Q for the period ending September 30, 2000, a copy of which has been provided to each of the Cyber Shareholders, there have been no dispositions by IVG of any assets owned by IVG as of June 30, 2000 except in the Ordinary Course of Business, and IVG has made no reduction in the book value of any of its assets except to reflect depreciation per the depreciation schedule applied to such assets.
It is acknowledged and agreed by GoalTimer and Cyber that the Share Exchange will be made on a voluntary basis by Cyber Shareholders, and that Cyber and the Cyber Principal Shareholder will use their best efforts to obtain the agreement of the Cyber Shareholders, as to the sale of their Cyber Shares, in the form attached hereto as Schedule 4.1, and the delivery of the Cyber Shares in proper transferable form to GoalTimer on the Closing.
Except as disclosed in the Memorandum and/or IVG's Form 10Q for the period ending September 30, 2000, a copy of has been provided to each of the Cyber Shareholders, there has been no change in the identity, compensation, benefits, or duties and responsibilities of IVG's professional and support personnel who were employed by IVG as of June 30, 2000.