DNED definition
Examples of DNED in a sentence
De Novo has heretofore Made Available to Purchaser complete and correct copies of the Certificate of Formation and operating agreement and any similar organizational documents of DNED as presently in effect.
All the outstanding membership, voting and/or other equity interests (including profit sharing interests and partner interests) in De Novo and DNED and all outstanding equity interests in DN London are duly authorized, validly issued, fully paid and non-assessable.
Each of De Novo and DNED has been properly classified as a partnership for United States federal Tax purposes since its inception.
No Seller owns any securities issued by, or other obligations of, De Novo or DNED other than as listed on Exhibit A and upon the sale and transfer of the Membership Interests as provided in Section 2.1, no Seller shall have any right, title or interest in any membership, voting and/or other equity interests (including profit sharing interests and partner interests) of the Company.