GACR definition

GACR. “Blackhawk” Green Automotive Company Blackhawk Manufacturing, Inc., a Nevada corporation a California corporation By: ▇▇▇ ▇▇▇▇▇▇ By: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Its: Chief Executive Officer Its: President “▇▇▇▇ Servicios” “SLLL” ▇▇▇▇ Servicios S de R.I. de C.V., Sanders, Larios, ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLC A Mexican corporation a California limited liability company By: ▇▇▇▇▇ ▇▇▇▇▇▇▇ By: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Its: President Its: President
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GACR. “GGL” Green Automotive Company Going Green Limited, a Nevada corporation a England corporation /s/ ▇▇▇▇ ▇▇▇▇ /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ By: ▇▇▇▇ ▇▇▇▇ By: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Its: President Its: Ground Operations Director Note: The GGL Shareholders are not signatories this Agreement as GGL and LEC have agreed to incorporate the provisions of the Share Purchase Agreement as part of this Agreement to the extent the GGL Shareholders agreed to exchange their shares in GGL for shares in the public company once LEC became publicly-traded or was acquired by a publicly-traded company, and the GGL Shareholders were signatories to the Share Purchase Agreement. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, the largest shareholder in Going Green Limited, is a member of Green Automotive Company’s Board of Directors. Common Stock Issued and Outstanding: 328,301,468 (as of 12/15/2012) Series A Convertible Preferred Stock Issued and Outstanding: 830,000 Series B Convertible Preferred Stock Issued and Outstanding: 10,000,000 (as of 08/31/2012) Our predecessor, Go Green USA, LLC (“Go Green”) was a party defendant, along with other defendants in a civil action filed in ▇▇▇▇▇▇▇▇ County, West Virginia by ▇▇▇▇ ▇▇▇▇ Motor Co. and ▇▇▇▇▇▇ Motor Co, Civil Action No. 11-C-104 H. This undefended and previously unknown action resulted in a default judgment and related judgment order in the amount of $3,717,615 with interest accruing at 7% per annum from and after February 13, 2012. There is no active effort to enforce this action against Go Green and we believe there are numerous defenses to the asserted judgment and any such enforcement effort. Moreover, the existence of liability pre-existed our acquisition of Go Green and its existence was not disclosed as a part of the acquisition.
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Examples of GACR in a sentence

  • The target is defined below: December 31, 2016 $377,761 $1,500,000 worth of GACR Shares The 2016 year end operating profit target is based off the following annual goals: December 31, 2014 $312,199 December 31, 2015 $343,149 December 31, 2016 $377,761 Net Operating Profits shall be the amount of money that the Blackhawk businesses’ have earned after the cost of goods sold and operating expenses have been deducted.

  • Except as set forth in Schedule 3.1.3, no other shares of capital stock of GACR are issued and outstanding.

  • GACR and BMI Entities are parties to that certain Acquisition and Stock Exchange Agreement dated February 17th, 2014 (the “Agreement”).

  • GACR has not guaranteed any dividend, obligation, or indebtedness of any Person; nor has any Person guaranteed any dividend, obligation, or indebtedness of GACR.

  • GACR is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada.

  • Such permits, licenses, orders, franchises and approvals are valid and sufficient for all activities presently carried on by GACR.

  • GACR either own or have valid and existing leases with all facilities where its offices are located or where any of GACR’s or GACR’s equipment or other assets are located.

  • GACR has filed all returns, reports and other documents and furnished all information required or requested by any federal, state, local, or foreign governmental agency and all such returns, reports, documents, and information are true and complete in all respects.

  • GACR has at all times been, and presently is, in full compliance with, and has not received notice of any claimed violation of, any applicable federal, state, local, foreign, and other laws, rules, and regulations.

  • GACR keep their books, records, and accounts (including, without limitation, those kept for financial reporting purposes and for tax purposes) in accordance with good business practices and in sufficient detail to reflect the transactions and dispositions of its assets, liabilities, and equities.