FGTI definition

FGTI has its meaning set forth in Recitals.
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Examples of FGTI in a sentence

  • Subject to the terms and conditions of this Agreement, at the Effective Date, as defined below, all FGTI Shares shall be acquired from UTEK by CRGQ in accordance with the respective corporation laws of their state and the provisions of this Agreement and the separate corporate existence of FGTI, as a wholly-owned subsidiary of CRGQ, shall continue after the closing.

  • There shall be no claim or litigation instituted or threatened in writing by any person or government authority seeking to restrain or prohibit any of the contemplated transactions contemplated by this Agreement or challenge the right, title and interest of UTEK in the FGTI Shares or the right of FGTI or UTEK to consummate the Acquisition contemplated hereunder.

  • From and after the Effective Date, the stock transfer books of FGTI shall be closed, and there shall be no further registration of stock transfers on the records of FGTI.

  • This Agreement constitutes a legal, valid and binding obligation of FGTI, enforceable in accordance with its terms, except as the enforcement may be limited by bankruptcy, insolvency, moratorium, or similar laws affecting creditor's rights generally and by the availability of injunctive relief, specific performance or other equitable remedies.

  • FGTI is not and has never been a party to any tax sharing agreements with any other person or entity.

  • FGTI states that there are no and have never been any employee benefit plans, and there are no commitments to create any, including without limitation as such term is defined in the Employee Retirement Income Security Act of 1974, as amended, in effect, and there are no outstanding or un-funded liabilities nor will the execution of this Agreement and the actions contemplated in this Agreement result in any obligation or liability to any present or former employee.

  • FGTI has not engaged in any business not reflected in its financial statements.

  • These agreements and the assets shown on the balance sheet of attached Exhibit B are the sole assets of FGTI.

  • FGTI is not in violation of any law, regulation relating to employment of employees.

  • True, correct and complete copies of the articles of incorporation, bylaws and all corporate minutes of FGTI have been provided to CRGQ and such documents are presently in effect and have not been amended or modified.