Larco definition
Examples of Larco in a sentence
Subsidiary means (a) CES; (b) Cierra; (c) Larco; (d) KR Industrial; (e) Exsorbet Technical; (f) Acquisition; and (g) 7-7.
The Company is not aware of any contingent liabilities for Taxes or any grounds for an assessment or reassessment of Larco, including, without limitation, unreported benefits conferred on any shareholder of Larco, other than as disclosed in the Base Balance Sheet.
Neither Larco nor the Company has received any indication from any governmental body that an assessment or reassessment of Larco is proposed in respect of any Taxes, regardless of its merits.
As of the Effective Time each outstanding option (a "Company Option") under the Company's 1997 Stock Option Plan (the "Company Plan"), to purchase Company Common Stock and each outstanding option (a "Larco Option") under Larco's 1997 Stock Option Plan (the "Larco Plan") to purchase Non-Voting Exchangeable Shares ("Exchangeable Shares") shall be assumed by Parent and converted into an option to purchase shares of Parent Common Stock, as provided below.
Larco is not negotiating any draft assessment or reassessment with any governmental body.
All of the Subsidiary Shares are validly issued and outstanding shares of capital stock of Acquisition and Larco, as applicable, and are fully paid and nonassessable.
As soon as reasonably practicable following the Closing, Parent will cause the Parent Common Stock to be issued pursuant to Options and Larco Options to be registered with the SEC pursuant to an appropriate Registration Statement.
The Company, and holders of Company Options and Larco Options and Shareholders have the requisite power and authority, corporate and other, to execute and deliver this Agreement and the other agreements contemplated hereby (the "Related Agreements") and to consummate the transactions contemplated hereby and thereby (other than, with respect to the Merger, the approval and adoption of this Agreement by the holders of a majority of the outstanding shares of the Company Common Stock).
Debtor owns all of the issued and outstanding stock, of all classes, of Acquisition and Larco, and there are no outstanding stock rights, rights to subscribe, options, warrants or convertible securities outstanding or any other rights outstanding entitling any party, including Debtor, to obtain (through conversion or otherwise) any capital stock, of any class, of Acquisition or Larco.
Subsidiary means (a) Consolidated Environmental Services, Inc., an Arkansas corporation, (b) Cierra, Inc., an Arkansas corporation; (c) Larco Environmental Services, Inc., a Louisiana corporation; (d) KR Industrial Service of Alabama, Inc., an Alabama corporation; (e) Exsorbet Technical Services, Inc., an Arkansas corporation d/b/a SpilTech Services, Inc.; (f) Eco-Systems, Inc., an Arkansas corporation; and (g) 7-7 Merger, Inc., an Arkansas corporation.