PVAXX definition
Examples of PVAXX in a sentence
If PVAXX proposes to secure a waiver of this covenant from OAK BROOK with respect to a particular transaction, PVAXX shall be deemed in compliance with this covenant if the President of OAK BROOK or his successor does not deliver to PVAXX his objection in writing to any action described in such waiver request within 72 hours of receiving notice of such waiver request from PVAXX.
On the Closing Date, PVAXX will pay to the Majority Shareholders (Werner and Thatcher) ▇▇▇ ▇undre▇ ▇▇▇▇▇▇nd dollars (USD 200,000) to cover advisory, consulting, legal and accounting service fees, as well as transactional costs, including, but not limited to, filing fees, recording fees, communication fees and post-closing costs.
All accounts and notes receivable of PVAXX represent bona fide claims against debtors for services performed or other charges arising in the ordinary course of business and are subject to no material defenses, counterclaims or rights of set-off.
The execution and delivery of this Agreement has been authorized by the Board of Directors of PVAXX, and the completion of these transactions have been duly and validly authorized by all necessary corporate and shareholder action on the part of PVAXX.
To the best knowledge of PVAXX, there are no organizational efforts presently being made or threatened by or on behalf of any labor union with respect to any employees of PVAXX, which would have a material adverse effect on the business of PVAXX.
To the best of PVAXX' knowledge, all such Permits are currently in full force and effect and PVAXX is in compliance therewith, except to the extent noncompliance would not have a material adverse effect on the business of PVAXX.
Except as set forth in Section 2:1:10 of the Disclosure Schedule, there is no each suit, action, proceeding or investigation pending or, to the best knowledge of PVAXX, threatened against or affecting PVAXX (or any of its officers or directors in connection with the business of PVAXX), nor is there any outstanding judgment, order, writ, injunction or decree against PVAXX.
All of the covenants and obligations that OAK BROOK and PVAXX are required to comply with or to perform at or prior to the Closing shall have been complied with and performed in all respects.
Give prompt written notice to PVAXX and receive the express written consent for any sale, disposal of, or Encumbrance on, any property or assets of OAK BROOK or any of its subsidiaries, except in the usual and ordinary course of business.
PVAXX agrees that it and its officers and representatives shall hold all data and information obtained with respect to the other parties hereto in strict confidence, and each further agrees that it will not use such data or information or disclose the same to others, except to the extent such data or information either is, or becomes, published or a matter of public knowledge.