ICVA definition
Examples of ICVA in a sentence
ICVA has filed with the Securities and Exchange Commission a registration statement on Form 10-SB that became effective pursuant to the Securities Exchange Act of 1934 and is a reporting company pursuant to Section (g) thereunder.
ICVA's financial statements dated December 31, 2000, copies of which are filed with the SEC with ICVA's Form 10-KSB on March 19, 2001 (the "ICVA Financial Statements"), fairly present the financial condition of ICVA as of the date therein and the results of its operations for the periods then ended in conformity with generally accepted accounting principles consistently applied.
ICVA is entering into this Agreement for its own account and not with a view to or for sale in connection with any distribution of the OMGC common stock.
Except to the extent reflected or reserved against in the ICVA Financial Statements, ICVA did not have at that date any liabilities or obligations (secured, unsecured, contingent, or otherwise) of a nature customarily reflected in a corporate balance sheet prepared in accordance with generally accepted accounting principles.
Except as set out in the balance sheet thereof, the properties of ICVA are not subject to any mortgage, encumbrance, or lien of any kind except minor encumbrances that do not materially interfere with the use of the property in the conduct of the business of ICVA.
Except as set out by attached schedule, all required tax returns for federal, state, county, municipal, local, foreign and other taxes and assessments have been properly prepared and filed by ICVA for all years for which such returns are due and no extension for filing any such return has been filed.
Consummation of the Merger will not constitute or result in a breach or default under any provision of any charter, bylaw, indenture, mortgage, lease, or agreement, or any order, judgment, decree, law, or regulation to which any property of ICVA is subject or by which ICVA is bound.
At Closing, the Escrow Agent shall deliver (a) 3,025,000 shares of ICVA to the OMGC Shareholders pursuant to Section 1.1 herein, (b) 1,525,000 shares of ICVA to the Treasury of ICVA as fully paid non-assessable Treasury shares, (c) 3,025,000 shares of OMGC to ICVA, and (d) 4,550,000 shares of ICVA issued in the name of DCIV to ICVA for cancellation pursuant to Section 1.2 herein.
At no time was ICVA presented with or solicited by or through any leaflet, public promotional meeting, television advertisement or any other form of general solicitation or advertising.
There is no litigation or proceeding pending, or to DCIV's knowledge threatened, against or relating to shares of ICVA held by DCIV.