Orbitform definition
Examples of Orbitform in a sentence
Ideal Products has, and, to the Seller Parties' actual knowledge, Orbitform has, complied with all laws, orders, regulations, rules, decrees, and ordinances affecting to any material extent or manner any aspects of the Business or the Purchased Assets.
All intercompany notes and receivables of the Sellers (other than those among Ideal Products, Orbitform and Philform).
Except as set forth on SCHEDULE 10.6, since June 1, 2000, neither Ideal Products nor Orbitform has made any special arrangements with customers, whether formal or informal, causing or that would cause collection of receivables to extend beyond customary terms for payment.
Seller Parties shall carry on and conduct the Business only in the Ordinary Course of Business (as defined below), without any change in the policies, practices, and methods that Sellers pursued before the date of this Agreement, including without limitation, IHI's policy regarding cash allocation to Ideal Products and Orbitform.
Except as set forth on SCHEDULE 10.4, since June 1, 2000, all cash receipts of Ideal Products and Orbitform have been promptly deposited into their bank accounts (i.e., such deposits have in all cases been made within 24 hours of receipt).
Except as set forth on SCHEDULE 10.9, no funds have been expended or expenses incurred by Orbitform or Philform in connection with this transaction (including those of consultants, accountants and attorneys) and no funds have been expended or expenses incurred by Orbitform or Philform for the benefit of Arbor Automation.
No advances have been made to any vendors of Orbitform or Ideal Products.
That promissory note dated June 14, 2000 made payable to Orbitform by Blastco Services Company, in the original principal amount of $200,000.
Philform's only asset is the real property and manufacturing facility described in E(2) below, which it leases to Orbitform, which it is selling hereunder to the Buyers.
Philform is the owner of a 49% limited partner interest in Orbitform and IHI is the owner of the remaining 51% limited partner interest and is the general partner of Orbitform.