Dauntless definition
Examples of Dauntless in a sentence
All of the items of tangible personal property used by the Company and Dauntless under the Personal Property Leases are in good condition and repair in all material respects (ordinary wear and tear excepted) and are suitable in all material respects for the purposes used.
Since January 1, 2003 neither the Company nor Dauntless has received any notice from any Governmental Body regarding (i) any actual or possible violation of or failure to comply with any term or requirement of any material Governmental Authorization, or (ii) any actual or possible revocation, withdrawal, suspension, cancellation, termination or modification of any material Governmental Authorization.
Except as set forth on Schedule 5.9(b), after giving effect to the Related Transactions, the Company and Dauntless shall own good title to, or hold a valid leasehold interest in, all of the personal property used in and necessary for the conduct of the Business, free and clear of all Encumbrances, except for Permitted Encumbrances and Encumbrances that will be terminated at or prior to the Closing.
The Insurance Policies cover such risks and contain such policy limits, types of coverage and deductibles as are, in the Company’s judgment, adequate to insure (subject to the deductibles and retention amounts described in Schedule 5.20) against risks to which the Company, Dauntless and their employees, business, properties and other assets may reasonably expected to be exposed in the operation of the Business as currently conducted.
The Company and Dauntless carry property, liability, workers’ compensation and such other types of insurance pursuant to the insurance policies listed and briefly described in Schedule 5.20 (collectively, the “Insurance Policies” and each individually, an “Insurance Policy”).
Except as set forth on Schedule 5.17(e), no individuals participate, or are eligible to participate in any Plans other than employees of the Company or Dauntless.
Schedule 5.23 sets forth true, complete and correct breakdown of the revenues received by the Company or Dauntless from each of their respective customers that accounted for (i) more than ten percent (10%) of the gross revenues of the Business in the fiscal year ended December 31, 2009, or (ii) more than ten percent (10%) of the gross revenue of the Company for the calendar year 2010 through the Closing Date.
The complex is defined to the North by the outside of the pipe fence on the far side of the Parade Ground, to the east by the wire fence of the Caravan Park, to the South by the tree line behind the buildings and to the west, by the tree line next to the road (Dauntless Road).
The Shareholders hereby agree that upon the consummation of the transactions contemplated hereby, Buyer and the Company shall have the sole ownership of, and right to the use, the name “Abraxas,” “Abraxas Corporation” and “Abraxas Dauntless, Inc.” and the Shareholders shall not, and shall cause or permit Ntrepid, Anonymizer or any Affiliate of any Shareholder not to, use such names or any variation or simulation thereof in any business.
The Company and Dauntless have good and marketable title to all of the items of tangible personal property reflected in the Balance Sheets or acquired after the Balance Sheet Date (except as sold or disposed of subsequent to the date thereof in the ordinary course of business consistent with past practice), free and clear of any and all Encumbrances other than the Permitted Encumbrances.