GNTP definition
Examples of GNTP in a sentence
To the knowledge of Seller, the authorized capital stock of GNTP consists of (i) 50,000,000 authorized shares of common stock with $0.001 par value, of which 24,356,062 shares are validly issued and outstanding; and, (ii) 10,000,000 authorized shares of preferred stock with $0.001 par value, of which the Preferred Shares are the only preferred shares which are issued and outstanding, and all of which Preferred Shares are owned by Seller.
As of the Closing, Buyer will be purchasing the Purchased Shares based upon Buyer’s own independent investigation and evaluation of GNTP, and the covenants, representations and warranties of Seller set forth herein.
Seller has disclosed to Buyer all material information known to it related to GNTP, and their respective condition, operations, and prospects.
To the knowledge of Seller, there is no continuing order, injunction, or decree of any court, arbitrator, or governmental or administrative authority to which Seller or GNTP is a party or to which it or any of its assets is subject.
D▇▇▇▇ ▇▇▇▇▇ is the sole duly appointed officer and director of GNTP.
Seller shall have no obligation to pay any known or unknown liabilities of GNTP.
To the knowledge of Seller, GNTP is not in default, or alleged to be in default, under any agreement, contract, lease, mortgage, commitment, instrument or obligation, and no other party to any agreement, contract, lease, mortgage, commitment, instrument or obligation to which GNTP is a party is in default thereunder, which default would materially and adversely affect the properties, assets, business or prospects of GNTP.
The Seller and Buyer hereby appoint the Law Firm to act with respect to the distribution of the Purchase Price received for the purchase of the Purchased Shares and distribution of the Purchased Shares and documents of GNTP.
To the knowledge of Seller, neither Seller nor GNTP is a party to any contract, commitment or agreement, nor are any of its assets subject to, or bound or affected by, any order, judgment, decree, law, statute, ordinance, rule, regulation or other restriction of any kind or character which is not applicable to GNTP generally, which would, individually or in the aggregate, materially adversely GNTP, the Purchased Shares or any of the assets of GNTP.
To the knowledge of Seller, neither Seller nor GNTP have been permanently or temporarily enjoined or barred by order, judgment or decree of any court or other tribunal or any agency or regulatory body from engaging in or continuing any conduct or business.