Examples of LGI Group in a sentence
As of the date of this Agreement, Buyer and each Person in the LGI Group is duly qualified to transact business and is in good standing in all jurisdictions in which the conduct of its business requires such qualification except where the failure to be so qualified or be in good standing would not have a Material Adverse Effect on Buyer or any Person in the LGI Group taken as a whole.
As of the date of this Agreement, each Person in the LGI Group is duly organized and is validly existing as a corporation, limited liability company or similar entity under the laws of the jurisdiction of its organization with requisite power and authority to own or lease its properties and conduct its business.
Buyer and the LGI Group occupy their leased properties under valid and binding leases (subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles) conforming in all material respects to the descriptions thereof set forth in the Prospectus.
He had not been aware, previously, that steps were underway to achieve that coordination.
As of the date of the Prospectus, neither Buyer nor any Person in the LGI Group has any material liabilities or obligations, direct or contingent (including any off-balance sheet obligations or any “variable interest entities” within the meaning of Financial Accounting Standards Board Interpretation No. 46), not disclosed in the Prospectus.
Except as may be set forth in the Prospectus, no labor disturbance by or dispute with employees of Buyer or any Person in the LGI Group exists or, to the knowledge of Buyer, is contemplated or threatened.
As of the Closing Date, and after giving effect to the Formation Transactions, each Person in the LGI Group shall be duly organized and validly existing as a corporation, limited liability company or similar entity in good standing under the laws of the jurisdiction of its organization with requisite power and authority to own or lease its properties and conduct its business.
BHJ is entitled to set off claims which the LGI Group (LGI Group defined as companies controlled by The Xxxxxxxxx Group, Inc.) has towards the Purchaser against any amount owed by BHJ to the Purchaser.
Buyer and the members of the LGI Group have each conducted their businesses in compliance with the FCPA and any applicable similar law or regulation and have instituted and maintain policies and procedures designed to ensure, and which are reasonably expected to continue to ensure, continued compliance therewith, except any non-compliance which would not have a Material Adverse Effect.
Buyer and each Person in the LGI Group have implemented commercially reasonable backup, security and disaster recovery technology consistent in all material respects with applicable regulatory standards and customary industry practices.