Enigma definition
Examples of Enigma in a sentence
On the Closing Date, immediately before the transactions to be consummated pursuant to this Agreement, Enigma shall have authorized 50,000 shares of ordinary shares, par value $1.00 per share, of which 50,000 shares are issued and outstanding.
As of the date of this Agreement, the Enigma Stockholders hold the Enigma Shares as set forth on Exhibit A, free of any lien or encumbrance.
Notwithstanding anything to the contrary above, the Company acknowledges and agrees that the Executive: (i) will continue to serve as an officer and director of eLOT, Inc, formerly a public company (and now a private holding company for intellectual property); (ii) serve as a director of Enigma Software, a privately owned software company (not involved in the educational finance sector); and (iii) is and expects to continue to be involved in civic and charitable endeavors.
Each Enigma Stockholder has had full access to all the information it considers necessary or appropriate to make an informed investment decision with respect to the IWEB Shares to be acquired under this Agreement.
Except as set forth on Schedule 3.2 attached hereto, there are no outstanding options, warrants, agreements, commitments, conversion rights, preemptive rights or other rights to subscribe for, purchase or otherwise acquire any shares of capital stock or any unissued or treasury shares of capital stock of Enigma.
The minute books of Enigma are current as required by law, contain the minutes of all meetings of the Board of Directors and Stockholder of Enigma, and committees of the Board of Directors of Enigma from the date of incorporation to the date of this Agreement, and adequately reflect all material actions taken by the Board of Directors, shareholders and committees of the Board of Directors of Enigma.
The IWEB Shares will be acquired hereunder by each Enigma Stockholder solely for the account of such Enigma Stockholder, for investment, and not with a view to the resale or distribution thereof, without prejudice, however, to each Enigma Stockholder’ right at all times to sell or otherwise dispose of all or any part of such shares in compliance with Regulation S promulgated under the Securities Act of 1933, as amended and other applicable federal and state securities laws.
No Enigma Stockholder has any liability to pay any fees or commissions or other consideration to any broker, finder, or agent with respect to the transactions contemplated by this Agreement.
Copies of the Articles of Incorporation and By-laws of IWEB, with all amendments thereto to the date hereof, have been furnished to Enigma and the Enigma Stockholders, and such copies are accurate and complete as of the date hereof.
All representations and warranties made by Enigma in this Agreement shall be true and correct on and as of the Closing Date as if again made by Enigma on and as of such date.