Niobec definition
Examples of Niobec in a sentence
As of the close of business on the date of this Agreement, there were 155,095,398 Class A shares and 21,449,505 Class D shares issued and outstanding constituting all of the issued and outstanding shares of Niobec.
This statement shall reflect all activity for that calendar month.
If, in the opinion of Purchaser, acting reasonably, any Business Policy should be retained, transferred or novated to Niobec and/or the Purchaser, IAMGOLD shall, at the cost of the Purchaser, use commercially reasonable efforts to assist the Purchaser in working with the Business Policies’ insurers to effect such retention, transfer or novation (it being understood that there is no assurance that the relevant insurer will agree to such retention, transfer or novation).
The authorized share capital of Niobec consists of an unlimited number of Class A shares and Class D shares.
Each of IAMGOLD, Niobec and the Subsidiary is a corporation duly incorporated and validly existing under the laws of the jurisdiction of its incorporation and has all requisite power and authority to own, lease and operate its assets and properties and conduct its business as now owned and conducted and to complete the transactions contemplated in this Agreement.
Niobec, as lessee, has the right under valid and subsisting leases to use, possess and control all material personal (movable) property leased by Niobec as used, possessed and controlled by Niobec.
The Niobec production inventories have been maintained at levels sufficient for the continuation of Niobec’s business in the ordinary course of business.
Except as expressly provided in the immediately preceding sentence, neither the Purchaser nor any of its officers, employees, agents or representatives shall have any written or oral communications with any of the employees of Niobec or the Subsidiary without ▇▇▇▇▇▇▇’s prior written consent.
The material Information Technology that is used by Niobec in the conduct of its business is as set out in section (ss) of the IAMGOLD Disclosure Letter.
The issued and outstanding Subsidiary Shares as of the date of this Agreement are and as at the Closing Time will be, owned by Niobec as the registered and beneficial owner with a good and valid title, free and clear of all Liens except for customary restrictions on transfer, if any, restrictions on transfer contained in the organizational documents of the Subsidiary and Statutory Permitted Liens.