Desminic definition

Desminic means Desarrollo ▇▇▇▇▇▇ de Nicaragua S.A., a corporation existing under the laws of Nicaragua;

Examples of Desminic in a sentence

  • None of the Purchased Securities, the Desminic Shares or the Bemilasa Shares is subject to any option, warrant, right of conversion, exchange or purchase, or any similar right.

  • None of the Purchased Securities, the Desminic Shares or the Bemilasa Shares has been issued in violation of any pre-emptive rights of any Person, including any past or present shareholder of a Subsidiary, the Seller or the Guarantor.

  • The inter-company indebtedness of CAMH, Desminic or Bemilasa owing to the Guarantor, the Seller or any affiliate of the Guarantor (other than CAMH, Desminic and Bemilasa) shall have been repaid, assigned to the Buyer or an affiliate of the Buyer or otherwise extinguished as determined by the Seller after consultation with the Buyer.

  • The inter-company indebtedness of CAMH, Desminic or Bemilasa owing to the Guarantor, the Seller or any other affiliate of the Guarantor (other than CAMH, Desminic and Bemilasa) shall have been repaid, assigned to the Buyer or an affiliate of the Buyer or otherwise extinguished as determined by the Seller after consultation with the Buyer.

  • Except as specified in Schedule C, Desminic is the holder of record of, and is the owner of a 100% undivided beneficial interest in and to its right, title and interest in, all of the Properties, free and clear of all Encumbrances, other than the Permitted Encumbrances.

  • The Desminic Shares constitute all of the issued and outstanding securities of Desminic.

  • All tangible assets of Desminic used in or in connection with the La Libertad Mine have been subject to ordinary usage and wear and tear, and comply in all material respects with all Applicable Laws.

  • Desminic shall have entered into the Bonanza Agreements with Yamana Nicaragua, S.A.

  • The Desminic Shares are owned free and clear of all Encumbrances.

  • There are no agreements or understandings with respect to the voting, sale or transfer of any of the Desminic Shares or which prohibit, limit or would be breached by, the completion of the transactions contemplated by this Agreement.