PGM Properties definition
Examples of PGM Properties in a sentence
At the Closing Date, there will not be any non-competition, exclusivity or other similar agreement, commitment or understanding in place, whether written or oral, to which PGM International will be a party or will otherwise be bound that would now or hereafter, in any way, limit the business, use of assets or operations of the PGM Properties.
The PGM Properties are currently owned legally and beneficially by PGM International with good and marketable title thereto, free and clear of all Liens whether contingent or absolute, except for the Permitted Encumbrances.
With respect to the PGM Properties, PGM International is not in default, nor has it received any notice of any claim of default, with respect to any such license, permit, consent, concession or authorization.
All data and information relating to the PGM Properties provided by PGM International, at the request of Etna and its agents and representatives, to Etna and its agents and representatives in connection with the Transaction will be complete and true and correct in all material respects.
At the Closing Date, the PGM Properties will be owned legally and beneficially by SALICO with good and marketable title thereto, free and clear of all Liens whether contingent or absolute, except the Permitted Encumbrances.
SALICO, Gareste and PGM International (with respect to the PGM Properties), shall have obtained all necessary approvals for this Agreement and the Transaction, including the transfer of the Properties from Gareste, or PGM International, as applicable, to SALICO.
PGM International has all necessary, required or applicable licenses, permits, consents, concessions and other authorizations of governmental, regulatory or administrative agencies or authorities, whether foreign, federal, provincial, state or local, required to own the PGM Properties.
The PGM Properties include all assets necessary for the conduct of the business of PGM International as currently conducted and currently proposed to be conducted with respect to the PGM Properties.
PGM International’s ownership of the PGM Properties are presently in compliance with all applicable Environmental Laws.
With respect to the PGM Properties, PGM International has not incurred any liability under, nor has PGM International ever violated, any Environmental Law, except where such violation would not have a Material Adverse Effect on the transactions contemplated hereunder.