Daraka definition
Examples of Daraka in a sentence
Not less than one-hundred percent (100%) of the shares of Daraka and Ives Stock outstanding as of the Closing Date shall have been tendered by ▇▇▇▇▇▇▇ for purchase by NRAD hereunder.
To the best knowledge of Daraka, Ives, and ▇▇▇▇▇▇▇, there are no facts which, if known to shareholders, customers, governmental authorities or other persons, would result in any such claim, dispute, action, proceeding, suit, appeal or investigation which would have a material adverse effect on the condition (financial or otherwise), business, net worth, assets, properties or operations of Daraka and Ives taken as a whole.
He is the owner, beneficially and of record, of all of the outstanding capital stock of Daraka and Ives to be sold by him hereunder, free and clear of any liens, encumbrances, security agreements, options, claims, charges or restrictions of any nature whatsoever.
Daraka or Ives have not received any notice of alleged violations of any of the foregoing.
In the event that the purchase and sale of the Daraka and Ives Stock shall not be consummated, each such person shall return to NRAD all such information in their possession which is in written form.
NRAD has also furnished to Daraka, Ives and ▇▇▇▇▇▇▇ copies of preliminary financial information for the current month period ended May 31, 1998 (the "Interim Financials").
NRAD has furnished to Daraka, Ives and ▇▇▇▇▇▇▇, true and complete copies of all corporate documents (other than preliminary drafts of material) that NRAD has filed with any federal, state or local governmental agency since inception (the "NRAD Documents").
Daraka, Ives, and ▇▇▇▇▇▇▇ shall have delivered to NRAD the written consent or approval of each person or organization whose consent or approval shall be required in order to permit them to consummate the transactions contemplated hereby or in order to avoid any breach or termination of any agreement to which they are a party.
NRAD represents and warrants to ▇▇▇▇▇▇▇ that it is acquiring the Daraka and Ives Stock for its own account for investment and not with a view to, or for sale in connection with, any distribution thereof, and without any present intention of selling the same; provided, however, that any disposition thereof will at all times be within its control.
The values at which accounts receivable are carried reflect the accounts receivable valuation policy of Daraka and Ives, which is consistent with its past practice and in accordance with generally accepted accounting principles applied on a consistent basis.