Examples of RMSI in a sentence
To the knowledge of RMSI, the other party to each of said leases is not in default under any material provision of any such lease and there is no event which, with notice or the passage of time, or both, would give rise to such a default.
As of the date hereof, all of the outstanding shares of RMSI Common Stock have been duly and validly issued and are fully paid and non-assessable.
Since the date of the RMSI Financials, there have not been any material write-offs as uncollectible of any of RMSI's accounts receivable, except for write-offs in the ordinary course of business and consistent with past practice.
To the knowledge of RMSI, each of said leases has been duly authorized and executed by the other party to each of said leases.
Neither RMSI nor any of the RMSI Subsidiaries is in default under any material provision of any such said lease, nor has any event occurred which, with notice or the passage of time, or both, would give rise to such a default.
RMSI's accounts receivable are reflected on the RMSI Financials in accordance with GAAP applied on a basis consistent with past practice.
Except as set forth in Section 3.5 of the RMSI Disclosure Letter, each RMSI Material Contract has been duly authorized and executed by RMSI, is in full force and effect and is enforceable by RMSI in accordance with its terms, except where the failure to be so would not have an RMSI Material Adverse Effect.
Neither RMSI nor any RMSI Subsidiary has received any notice of any material real estate tax deficiency or assessment which has not been satisfied or is aware of any proposed material deficiency, claim or assessment with respect to any of the Real Property, or any pending or threatened condemnation thereof.
The Board of Directors of RMSI has unanimously approved and declared advisable this Agreement, the Merger, and the other documents and transactions contemplated by this Agreement.
RMSI has all requisite corporate power and authority to own, operate, lease and encumber its properties and carry on its business as now conducted or proposed to be conducted.