MKTE definition
Examples of MKTE in a sentence
Except as set forth on Schedule 3.2, neither Company nor MKTE is required to give any notice to, make any filing with, or obtain any authorization, consent, or approval of any Authority or Person in order for the parties to consummate the transactions contemplated by this Agreement.
A copy of the 2005 Income Statement shall be delivered to Seller and MKTE on or before February 28, 2006.
The parties acknowledge that Seller is owed monies from E-Comm for advances of funds and services rendered (the "MKTE Debt").
The state of incorporation of the Company and each state in which the Company is qualified to do business as a foreign corporation are set forth on Schedule 3.1. Each of Company and MKTE has full corporate power and authority to carry on the business in which it is engaged and to own and use the assets and properties owned and used by it.
Purchaser shall prepare (with the cooperation of Seller and MKTE) an income statement for the operation of the Business in North Carolina as of December 31, 2005, in accordance with GAAP consistently applied and based upon the books and records of the Business (the "2005 Income Statement").
MKTE and Seller shall cooperate with Purchaser, and pay to Purchaser $12,000.00 in cash or other immediately available United States funds on or before each of June 10, 2005 and June 17, 2005 (for an aggregate additional amount of $24,000.00), to further reimburse Purchaser for expenses that Purchaser may incur to obtain licensing for the Assets.
Each of Company and MKTE is duly qualified to do business as a foreign corporation and is in good standing under the laws of each jurisdiction in which either the ownership or use of its respective assets, or the nature of its respective activities, requires such qualification.
Purchaser acknowledges that, at the Closing, MKTE and/or Seller is paying Purchaser $24,000.000 in cash or other immediately available United States funds to reimburse Purchaser for expenses that Purchaser may incur to obtain licensing for the Assets.
This Agreement has been duly executed and delivered by each of Company and MKTE, and constitutes the valid and legally binding obligation of each of Company and MKTE, enforceable against it in accordance with its terms.
None of Company, MKTE, any of their predecessors in interest, and/or any of their respective Affiliates own or have ever owned (directly or indirectly, of record or beneficially) any interest in the equity of, or have ever been otherwise affiliated with, Gibraltar Publishing, Inc.