EMGL definition
Examples of EMGL in a sentence
Except as set forth in this Agreement, or the documents referred to in this Agreement, EMGL has not made any representation, warranty, covenant or agreement with respect to the matters contained in this Agreement.
In any event, the Indemnified Party, Indemnifying Party, EMGL and the Investors shall each cooperate in the defense of such action and the records of each shall be available to the other with respect to such defense.
Work performed on engagements pursuant to this Agreement by either EMGL and/or D&O and information, materials, products and deliverables developed in connection with engagements pursuant to this Agreement shall be the property of the respective parties performing the work or creating the information.
In addition to the representations and warranties contained in Article IV, the Investors represents, warrants and confirms to EMGL that, in connection with the negotiation, drafting and execution of this Agreement, the Investors have at all times been represented by competent counsel of the Investors' own choosing.
Accordingly, for tax, property and liability purposes EMGL will provide the EMGL Services, and D&O will perform the D&O Services, each on a professional basis and as an independent contractor of the other.
In the event that the Exchange Transaction is not consummated on or prior to June 30, 2014, due to any reason other than a willful failure on the part of the Investors or any affiliate(s) of the Investors, then the Investors Advances shall be deemed a loan made by the Investors to EMGL, which shall bear interest at the rate of 5% per annum and be due and payable on June 30, 2015.
If to EMGL: Mr. Michele Ciavarella, ▇▇▇▇▇▇▇▇ ▇▇▇ CEO, Empire Global Corp.
Nothing herein contained shall be construed to imply a joint venture, partnership or principal-agent relationship between EMGL and D&O, and neither party shall have the right, power or authority to obligate or bind the other in any manner whatsoever, except as otherwise agreed to in writing.
Each of EMGL and D&O agrees to give the other prompt written notice of any claim or other matter as to which it believes this indemnification provision is applicable.
D&O shall, in a professional manner, take all steps necessary to market and perform its Business Development Programs ("BDP"), solutions and other services (collectively the "D&O Services") for an unlimited variety of strategic ventures, projects and/or clients referred to D&O by EMGL.