Examples of IISc in a sentence
The minute books (containing the records of meetings of the shareholders, the board of directors, and any committees of the board of directors), the share certificate books, and the share record books and ledgers of each of the Target, IISC and Magnetiscope are correct and complete in all material respects.
Each item of Intellectual Property of a material nature owned or used by the Target and IISC immediately prior to the Closing hereunder will be owned or available for use by the Target or IISC on identical terms and conditions immediately subsequent to the Closing hereunder.
Except as disclosed in (S)4(e) of the Disclosure Schedule, the Target, Magnetiscope and IISC have good and marketable title to, or a valid leasehold interest in, all of their respective property and assets including all of the assets of a material nature listed or referred to in (S)4(e) of the Disclosure Schedule, free and clear of all Security Interests, except for properties and assets disposed of in the Ordinary Course of Business since April 30, 2000.
TBOK, no executive, key Employee, or group of Employees has any plans to terminate employment with either the Target or IISC.
All Taxes owed by the Target, IISC and Magnetiscope (whether or not shown on any Tax Return) have been paid.
Except as set forth on (S)4(d) of the Disclosure Schedule, none of the Target, IISC or Magnetiscope has any Liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement.
Neither the aggregate value of the assets of the Target and IISC nor the gross revenues from sales in, from or into Canada of the Target, Magnetiscope and IISC generated from their assets, each determined in accordance with the provisions of the Notifiable Transactions Regulation made pursuant to the Competition Act (Canada), exceed CDN $35,000,000.
The Sellers will cause each of the Target and IISC to give any notices to third parties, and will cause each of the Target and IISC to use its best efforts to obtain any third party consents of a material nature, that the Buyer reasonably may request in connection with the matters referred to in (S)4(c) above.
Each of the Parties will (and the Sellers will cause each of the Target and IISC to) give any notices to, make any filings with, and use its reasonable best efforts to obtain any authorizations, consents, and approvals of governments and governmental agencies in connection with the matters referred to in (S)3(a)(ii), (S)3(b)(ii), and (S)4(c) above.
None of the Target, IISC or Magnetiscope is currently the beneficiary of any extension of time within which to file any Tax Return.