KNPC definition
Examples of KNPC in a sentence
At or prior to the Closing, KNE shall cause KNPC to distribute to KNE the amount reflected as a liability for such taxes on the financial statements of KNPC as of and for the period ended December 31, 1995, to the extent not previously distributed to KNE.
The representations and warranties of KNPC and KNE contained in Article III of this Agreement shall be true at and as of the Closing Date, and shall be deemed made again at and as of such date and be true as so made again; KNPC and KNE shall have performed all obligations and complied with all covenants required by this Agreement to be performed or complied with by them on or prior to the Closing.
All requisite consents of any third parties and other actions which KNPC and KNE have covenanted to use their best efforts to obtain and take under Section 5.3 hereof shall have been obtained and completed or any waiting period required in connection therewith shall have expired.
In addition, KNPC does not own, directly or indirectly, any capital stock or equity securities of any corporation or have any direct or indirect equity or other ownership interest in any other business.
TBI represents and warrants that it is acquiring the KNPC Common Stock for investment and not with a view to the public distribution thereof and agrees that any future distribution thereof will be in compliance with all applicable securities laws.
The full amount of any liability or loss to KNPC arising out of the Wolf Creek Fire shall be borne by KNE.
Copies of the charter documents and bylaws of KNPC have been delivered to TBI, and such copies are complete and correct and in full force and effect.
KNPC has all licenses, franchises, certificates, consents, permits and authorizations from all governmental authorities necessary for the lawful conduct of its business, except where the failure to hold any of the foregoing would not have a Material Adverse Effect upon the financial condition, business or operations of KNPC.
KNPC and KNE shall have delivered to TBI a Certificate or Certificates dated the Closing Date, in form and substance satisfactory to TBI and its counsel, certifying that the representations and warranties of KNPC and KNE contained in this Agreement are true and correct on and as of the Closing Date.
From and after the Effective Date, and until thereafter amended as provided by law, the Bylaws of KNPC as in effect immediately prior to the Effective Date shall continue to be the Bylaws of the Surviving Entity.