PMSL definition
Examples of PMSL in a sentence
PMSL is not knowingly in material violation of any law, material ordinance or regulation of any kind whatever.
MANAGEMENT and PMSL MANAGEMENT ("management") of both parties to the agreement hereby agree, jointly and severally, to indemnify, defend, and hold harmless BIOC, PMSL , and the SELLERS from and against any damage, loss, liability, or expense (including without limitation, reasonable expenses of investigation and reasonable attorney's fees) arising out of any material breech of any representation, warranty, covenant, or agreement made by PMSL MANAGEMENT or management in this Agreement.
The 900 shares of ordinary stock at (pound)1 par value issued and outstanding PMSL Shares to be transferred by SELLERS constitutes one hundred (100%) percent of the currently issued and outstanding shares of Common Stock of PMSL , which includes inter-claim, that same percentage of PMSL 's voting power, right to receive dividends, when, as and if declared and paid, and the right to receive the proceeds of liquidation attributable to common stock, if any.
PMSL 's income tax returns have never been audited by any authority empowered to do so.
The business of PMSL has been operated in material compliance with all laws, rules, and regulations applicable to its business, including, without limitation, those related to securities matters, trade matters, environmental matters, public health and safety, and labor and employment.
BIOC will thereby acquire 100% of the outstanding capital stock of PMSL , free and clear of all liens, encumbrances and restrictions of any nature whatsoever.
As of the Closing Date, there will be no other voting or equity securities authorized or issued, nor any authorized or issued securities convertible into voting stock, and no outstanding subscriptions, warrants, calls, options, rights, commitments or agreements by which PMSL or the SELLERS are bound, PMSL for the issuance of any additional shares of common stock or any other voting or equity security, other than any agreements that PMSL has with any of its subsidiaries.
The SELLERS hereby agree to sell, transfer, assign and convey to BIOC and BIOC hereby agrees to purchase and acquire from the SELLERS, a total of 900 shares of common stock, (pound)1 par value of PMSL, which equates one hundred percent (100%) percent of all of PMSL 's currently issued and outstanding stock (the PMSL Shares"), in a tax-free stock-for-stock acquisition.
CUSTOMERS, LANDLORDS OR COMPETITORS Neither the PMSL PRINCIPALS nor any member of their families have any material interest of any nature whatever in any supplier, customer, landlord or competitor of PMSL .
PMSL has no subsidiaries except as listed or any investments or ownership interests in any corporation, partnership, joint venture or other business enterprise which is material to its business.