ITI Marketing definition
Examples of ITI Marketing in a sentence
The Borrower has heretofore delivered to the Agent a true and correct copy of the ITI Marketing Purchase Agreement and, except to the extent consented to in writing by the Agent, the ITI Marketing Purchase Agreement has not been amended or modified in any respect and no condition to the effectiveness thereof or the obligations of the Borrower thereunder has been waived.
Neither the Borrower nor, to the best of the Borrower's knowledge, ITI Marketing are in default in any of their respective obligations under the ITI Marketing Purchase Agreement.
The Borrower is not aware of any change, since December 31, 1997, in the condition (financial or otherwise) or business prospects of ITI Marketing and its subsidiaries, none of which individually or in the aggregate have been materially adverse.
References in this Section to Subsidiaries shall be deemed to include ITI Marketing and its subsidiaries prior to, as well as after, consummation of the ITI Marketing Acquisition.
Neither ITI Marketing nor any subsidiary thereof has contingent liabilities which are material to it other than as indicated on such financial statements or, with respect to future periods, on the financial statements furnished pursuant to Section 8.5 hereof.
The Borrower shall use the proceeds of the Loans for the purpose of financing the ITI Marketing Acquisition, refinancing existing indebtedness and for its general corporate purposes.
The Borrower and, to the best of the Borrower's knowledge, ITI Marketing has all necessary right, power, and authority to consummate the transactions contemplated by the ITI Marketing Purchase Agreement and to perform all of their obligations thereunder.
ITI Marketing Acquisition......................................................40 Section 6.21.