Progestic definition
Examples of Progestic in a sentence
TFA shall entered into a consulting agreement with Principal Holder and TFA shall cause Progestic to enter into employment agreements with Denis Tisseur, Daniel Gaudreau, Gilles Dube, Richard Chenier, and Gi▇▇▇▇ ▇▇▇▇▇▇▇, i▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇t ▇▇ ▇▇ ▇▇▇▇▇ab▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇ch dut▇▇▇, ▇▇ ▇▇▇ ▇▇rms attached as Schedule 2.6(b).
To the Knowledge of the Principal Holder, Progestic has no material liabilities or obligations not reflected in the Progestic Financial Statements, other than those incurred in the ordinary course of its business since the date of the most recent balance sheet included in the Progestic Financial Statements and which, individually or in the aggregate, do not or would not have a Material Adverse Effect on Progestic.
The Principal Holder shall cause Progestic to take all steps necessary to preserve and continue its corporate existence and franchises.
TFA shall either maintain the existing Progestic Credit Facilities or establish a new credit facility equal to or greater than Progestic Credit Facilities prior to the Closing without any personal guarantees of the Shareholders.
All confidential information received by a Party with respect to the business of the other Party shall be treated in accordance with the restrictions set forth in the confidentiality agreement between TFA and Progestic, reproduced as Schedule 6.4.
All of the Progestic Property Rights are valid and enforceable against third parties.
Progestic shall have delivered to TFA its unaudited financial statements for its fiscal year ended March 31st, 2004, which shall be acceptable to TFA.
Progestic is not in material default under the Progestic Contracts governing any Encumbrances to which it or its properties and assets are subject.
The obligations of the Shareholders to assign and transfer the Progestic Shares to TFA at the Closing and to consummate the transactions contemplated by Section 2 are subject to the satisfaction or waiver by Progestic on or before the Closing Date, of each of the conditions set forth in this Section 10.
The execution, issuance and delivery of this Agreement, the transfer of the Progestic Shares Sold to TFA and the consummation by the Shareholder of the transactions contemplated hereby have been duly authorised by all necessary action, and, except as contemplated by Section 5.5(b) no further consent or authorisation is required by the Board of Progestic or from any other Person.