NINC definition
Examples of NINC in a sentence
If under Section 8.4, a Buyer Indemnified Party does not receive a Dispute Notice within the time period specified in Section 8.4, NII, NINC and Newco may immediately exercise their right of set off against sums payable under Section 1.3 hereof without further notice to the Partners.
Each of NII, NINC and Newco is duly authorized and qualified to do business under all applicable laws, regulations, ordinances and orders of public authorities to carry on its business in the places and in the manner as now conducted.
The Consideration shall be payable pursuant to Section 1.3 below in accordance with the allocation of the Consideration set forth in Schedule 1.3 and NII and NINC shall be entitled to rely on Schedule 1.3 in allocating the Consideration payable pursuant to Section 1.3 below.
NINC shall have afforded ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ an opportunity to enter into the Employment Agreements.
Each of NII, NINC and Newco, as the case may be, has the full legal right, power, and corporate authority to enter into this Agreement and the Note and the transactions contemplated hereby.
The representatives of each of NII, NINC and Newco executing this Agreement and the Note have all requisite corporate power and authority to enter into and bind NII, NINC or Newco, as the case may be, to the terms of this Agreement and the Note.
The representations of the Partnership and the Partners will survive the Closing and will remain in effect until, and will expire upon, the termination of the indemnification obligations as provided in Section 8.3. The representations of NII, NINC and Newco will survive the Closing and will remain in effect until, and will expire upon, the termination of the indemnification obligations as provided in Section 8.3.
The execution and delivery of this Agreement and the Note by each of NII, NINC and Newco, as the case may be, and the performance by each of them of the transactions contemplated herein have been duly and validly authorized by all necessary corporate action.
All representations, warranties and covenants made by the Partnership, the Partners and NII, NINC and Newco in or pursuant to this Agreement or in any document delivered pursuant hereto shall be deemed to have been made on the date of this Agreement (except as otherwise provided herein) and, if a Closing occurs, as of the Closing Date.
Any notice, request, claim, demand, waiver, consent, approval or other communication which is required or permitted hereunder shall be in writing and shall be deemed given if delivered personally or sent by telefax (with confirmation of receipt), by registered or certified mail, postage prepaid, or by recognized courier service, as follows: If to NII, NINC or Newco to: Navigant International, Inc.