Legendary definition
Examples of Legendary in a sentence
Legendary has never been subject to, or affected by, any unanimous shareholders agreement.
Tartisan, Canadian Arrow and Legendary has, in each case, been, in compliance in all material respects with Law in connection with the ownership, use, maintenance and operation of the Purchased Assets.
Except as disclosed in this Agreement or reserved against in the balance sheet forming part of the Interim Financial Statements, Legendary has no liabilities or obligations of any nature (whether absolute, accrued, contingent or otherwise) except for current liabilities incurred in the Ordinary Course since the Interim Balance Sheet Date.
The authorized capital of Legendary consists of an unlimited number of common shares, of which (i) at this date, 5,250,000 common shares (and no more) have been duly issued and are outstanding as fully paid and non-assessable, and (ii) at the Closing Date, 5,250,000 common shares (and no more) shall have been duly issued and shall be outstanding as fully paid and non-assessable.
There are no claims, actions, suits, arbitrations, inquiries, investigations or proceedings pending, or, to the knowledge of Tartisan threatened against or relating to Tartisan, Canadian Arrow or Legendary that might affect the Purchased Assets, the business or operations contemplated to be carried on in respect thereof or the liabilities, obligations or prospects related thereto by or before any Governmental Entity.
Legendary has no subsidiaries and holds no shares or other ownership, equity or proprietary interests in any other Person.
There are no outstanding agreements or waivers extending the statutory period providing for an extension of time with respect to the assessment or re-assessment of tax or the filing of any tax return by, or any payment of any tax by Legendary, no notice of assessment or reassessment has been received and to the best knowledge of each of Tartisan and Canadian Arrow, no examination of any tax return of Legendary is currently in progress.
Each of Tartisan, Canadian Arrow and Legendary has the requisite corporate power and authority to enter into and perform its obligations under this Agreement.
All reasonable costs and expenses incurred by each of Tartisan or Legendary in connection with the preparation of the Return of Financial Assurance Monies Request submissions and support of the Return of Financial Assurance Monies Request shall be borne entirely by Tartisan.
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