Opulence definition

Opulence has the meaning ascribed thereto on the first page of this Agreement.
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Examples of Opulence in a sentence

  • There are no options, warrants, conversion privileges or other rights, agreements, arrangements or commitments (pre-emptive, contingent or otherwise) obligating Advantagewon or Opulence to issue or sell any Advantagewon Shares or Opulence Shares or any securities or obligations of any kind convertible into, or exercisable or exchangeable for, any Advantagewon Shares or Opulence Shares other than the Advantagewon Options, Advantagewon Performance Warrants and the Advantagewon Warrants.

  • Neither Advantagewon nor Opulence has waived any material rights under such Material Contracts and no material default or breach exists in respect thereof on the part of Advantagewon or Opulence or, to the knowledge of Advantagewon, on the part of any other party thereto, and no event has occurred which, after the giving of notice or the lapse of time or both, would constitute such a default or breach or trigger a right of termination of any of such Material Contracts.

  • Opulence is authorized to issue an unlimited number of Opulence Shares and an unlimited number of preferred shares of which 100 Opulence Shares and nil preferred shares are issued and outstanding.

  • Each of Advantagewon and Opulence has all necessary corporate power, authority and capacity to enter into this Agreement and all other Contracts to be executed by Advantagewon and Opulence as contemplated by this Agreement, and to perform its obligations hereunder and under such other Contracts.

  • All such Material Contracts are in full force and effect, and Advantagewon or Opulence is entitled to all rights and benefits thereunder in accordance with the terms thereof.

  • All outstanding Advantagewon Shares and Opulence Shares have been authorized and are validly issued and outstanding as fully paid and non-assessable shares, free of pre-emptive rights.

  • Except to the extent that failure to do so would not have a Material Adverse Effect, all Tax Returns, declarations, remittances and filings required to be filed by each of Advantagewon and Opulence have been filed with all appropriate Governmental Entity within the prescribed periods and all such Tax Returns, declarations, remittances and filings are complete and accurate and no material fact or facts have been omitted therefrom which would make any of them misleading.

  • No director, officer, or employee of Advantagewon or Opulence shall have any personal liability to Groundstar under this Agreement.

  • Advantagewon and Opulence are each “taxable Canadian corporations” for purposes of the Tax Act and all Taxes due and payable or required to be collected or withheld and remitted by each of Advantagewon and Opulence have been paid, collected or withheld and remitted as applicable, except for where the failure to pay such Taxes would not have a Material Adverse Effect.

  • Neither Advantagewon nor Opulence has any other direct subsidiaries other than Advantagewon US Oil Corp.