GV Business definition
Examples of GV Business in a sentence
GV has operated GV Business in compliance with all Legal Requirements applicable to GV except to the extent the failure to operate in compliance with all material Legal Requirements would not have a Material Adverse Effect on GV or Material Adverse Effect on the validity, binding effect or enforceability of this Agreement or the Related Documents.
There are no outstanding judgments or orders against or otherwise affecting or related to GV, GV Business or GV Assets; and (ii) there is no action, suit, complaint, proceeding or investigation, judicial, administrative or otherwise, that is pending or, to GV’s knowledge, threatened that, if adversely determined, would have Material Adverse Effect on GV or a material adverse effect on the validity, binding effect or enforceability of this Agreement or the Related Documents.
GV shall provide to MGOL and its Representatives such financial, operating and other documents, data and information relating to GV, GV Business and GV Assets and Liabilities of GV, as MGOL or its Representatives may reasonably request.
All accounts receivable and inventory of GV Business are reflected properly on such books and records in all material respects.
GV shall, and shall cause each of its Subsidiaries to use its commercially reasonable efforts to promote the financial success of GV Business and promptly notify MGOL of any material adverse change in the condition (financial or otherwise) of GV Business and use its commercially reasonable efforts to promote, develop and preserve its relationships with its present employees as well as the goodwill of its customers and promptly notify MGOL of any material adverse change in such relationships.
The books and records of GV accurately and fairly represent GV Business and Company Assets and its results of operations in all material respects.
To the knowledge of GV, GV has good title to or the right to use all material company intellectual property rights and all material inventions, processes, designs, formulae, trade secrets and know-how necessary for the operation of GV Business without the payment of any royalty or similar payment.