GPGE definition
Examples of GPGE in a sentence
There is no pending or, to the knowledge of Seller, threatened Action (or basis for any Action) to which Seller is a party or involving any of the Assets, and Seller is not subject to any judgment, order, writ, injunction, decree or regulatory directive or agreement, which Action could have a material adverse effect on the Business Condition of GPGE.
The Seller Financial Statements are complete and correct, have been prepared from the books and records of Seller in accordance with generally accepted accounting principles consistently applied throughout the periods involved, except for changes specified therein and except that unaudited financial statements are not accompanied by notes, and present fairly the financial position of GPGE as of the dates thereof and the results of operations and cash flows of GPGE for the periods specified therein.
From the date hereof to the Closing, Seller and the Company shall allow the duly authorized officers, attorneys, accountants and other representatives of the other access at all reasonable times to the records and files, correspondence, audits and properties, as well as to all information in each case relating the business and affairs of GPGE and the Company, respectively.
Seller will use the proceeds of the Advances: (i) up to $100,000 of the Advances may be used to pay operating expenses of GPGE; and (ii) the balance of the Advance shall be used to repay Assumed Liabilities.
GPGE may desire to assign its rights and obligations under this Agreement to Gary ▇▇▇▇▇▇ ▇▇▇dings, an entity to be formed.
Golf One may, by written notice to GPGE, at any time during the Term, advise GPGE that it has obtained product liability insurance for coverage of not less than $5,000,000, in which case GPGE may remove Golf One as a named insured and shall reimburse Golf One for any premium which Golf One paid which is returned by the insurance company or would have been returned had GPGE caused the insurance company to remove Golf One as a named insured.
In no event, however, shall GPGE have the right to examine Golf One's books and records more than one time per six-month period.
The rights and remedies granted hereunder are cumulative and the exercise of any one or more of said remedies shall not act to waive any right of GPGE to exercise any other remedies available to it herein or otherwise as a matter of law.
GPGE represents that Gary ▇▇▇▇▇▇ ("▇layer") agrees to be available for and appear in (and GPGE will so cause Player to be available for and appear in) a minimum of two (2) Infomercials in the first 12 months following the execution of this Agreement and a minimum of one (1) Infomercial in each 12 month period thereafter for the Term of this Agreement, for up to a maximum of two (2) days.
Notwithstanding the foregoing, GPGE shall have the right to market and sell a line of golf clubs 18 months after the date Golf One first has Net Receipts with respect to such line if Golf One has not proposed a new line of golf clubs prior to the end of such 18-month period (regardless of whether GPGE approves such line or the mark ▇▇ name proposed for such line).