PPOR definition
Examples of PPOR in a sentence
For any SCA student who is expelled and who then attends another District 70 school will have the PPOR pro-rated; any District student who is expelled and who then attends SCA will have PPOR pro- rated.
Execution and delivery of this Agreement and performance by PPOR and Merger Sub of its obligations hereunder have been duly authorized by the shareholders of Merger Sub and the board of directors of PPOR and Merger Sub and no other proceedings on the part of either is necessary with respect thereto.
Since August 31, 2010, there has been no material adverse change and no material adverse development in the business, properties, operations, financial condition, or results of operations of PPOR, Merger Sub or any other subsidiary of PPOR.
Each of PPOR and Merger Sub is duly qualified to do business as a foreign corporation in, and is in good standing under the laws of, each state or other jurisdiction in which the failure to be so qualified or in good standing would have a material adverse effect on: (i) its ability to perform its obligations under this Agreement or (ii) its assets, financial position, or results of operations.
PPOR has filed on a timely basis all reports, schedules, forms, statements and other documents required to be filed by it with the SEC (the “SEC Documents”) pursuant to the reporting requirements of the Exchange Act, including material filed pursuant to Section 13(a) or 15(d), in addition to one or more registration statements and amendments thereto filed by PPOR with the SEC under the 1933 Act.
No written inquiries or oral inquiries have been made directly to the officers of PPOR, Merger Sub or any other subsidiary of PPOR by any governmental agency which might form the basis of any such action, suit, proceeding or investigation, or which might require PPOR, Merger Sub or any other subsidiary of PPOR to undertake a course of action which would involve any expense.
There are no securities of PPOR or Merger Sub outstanding that contain anti-dilution or similar provisions that will be triggered by the Merger or sale of the shares.
Each of PPOR and OSM shall execute and deliver such additional documents and instruments and perform such additional acts as the other party may reasonably request to effectuate or carry out and perform all the terms of this Agreement and the transactions contemplated hereby, and to effectuate the intent of this Agreement.
Neither PPOR, Merger Sub nor any other subsidiary of PPOR will have any actual or accrued debts as of the Closing Date, and there are no outstanding guaranties, performance or payment bonds, letters of credit or other contingent contractual obligations that have been undertaken by PPOR.
PPOR has maintained such disclosure controls and procedures required by Rule 13a-15 or Rule 15d-15 under the Exchange Act, and such controls and procedures are effective.