LEOM definition

LEOM is duly organized and validly existing under the laws of the state of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement.
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LEOM represents and warrants to the “LEK” as of the date hereof that:
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Examples of LEOM in a sentence

  • The execution, delivery and performance of this Agreement has been duly authorized by all necessary action on the part of LEOM, and this Agreement is a valid and binding obligation of LEOM, enforceable against it in accordance with its terms.

  • This Agreement may be terminated at any time prior to the completion of executing this Agreement by LEOM if (a) an order, injunction or decree shall have been issued by any court or agency of competent jurisdiction and shall be non-appealable, or other law shall have been issued preventing or making illegal either (i) the completion of the obligations pursuant to this, or (ii) LEOM's unrestricted and unlimited right to vote its shares.

  • Section 2.1 Upon the terms and subject to the conditions of this Agreement, ▇▇▇ agrees to deliver 20,000 shares of LELC to LEOM, which was valuated as 500,000,000 KRW.

  • Any provision of this Agreement may be amended or waived if, but only if, such amendment or waiver is in writing and is duly executed and delivered by the ▇▇▇ and LEOM.

  • Section 2.2 ▇▇▇ will deliver his shares to LEOM within ten (10) days from the date the ▇▇▇ receives LEOM's shares.

  • Section 1.1 LEOM shall issue 1,414,828 shares of LEOM's common stock at $0.30 per share to ▇▇▇ to purchase of 50% of LELC which is valuated as 500,000,000 KRW (conversion rate of $1 is 1,178 KRW).

  • The execution, delivery and performance of this Agreement will not conflict with, violate or result in a breach of any provision of, or constitute a default (or an event which, with notice or lapse of time or both would constitute a default) under, or result in the termination of or accelerate the performance required by, or result in a right of termination or acceleration under, any provision of the organizational or governing documents of LEOM.

  • Section 5.2 LEOM shall hold LELC shares until the ▇▇▇ is acquired or merged.

  • Section 5.1 ▇▇▇ will not sell LEOM shares acquired through this transaction without getting permission from LEOM.

  • LEOM is duly organized and validly existing under the laws of the state of its organization and has all requisite power and authority to enter into and perform its obligations under this Agreement.

Related to LEOM

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Hunt means to pursue, shoot, wound, take, harvest, kill, chase, lure, possess, or capture or the

  • CARB means the California Air Resources Board.

  • TELRIC means Total Element Long-Run Incremental Cost.

  • Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.