SIML definition
Examples of SIML in a sentence
Both parties have mutually agreed to maintain the operations of SIML as a wholly owned subsidiary of the public company.
The number of shares to be issued is 1,086,592 of the Preferred Series A stock at a price of $1.79 per share and convertible pursuant the conversion rights as specified in the Articles of Incorporation for SIML.
The Supplier is responsible for and will pay all applicable taxes, charges, fees, levies, or other assessments imposed or collected by any governmental entity (or political subdivision thereof) worldwide on the sale of the Products or the provision of Services, or any other duties or fees related to any payment by SIML/ the Affiliate to the Supplier for Products and/or Services provided to SIML/ the Affiliate pursuant to this PO.
None of the transactions agreements or proceedings described above is part of a plan or scheme to evade the registration requirements of the Securities Act and SIML and RCP are acting and has acted in an arms length capacity.
The Closing shall take place at the offices of SIML, at 17:00 hours on November 15, 2018, or at such other place, time or date as may be mutually agreed upon in writing by the parties, once the Conditions Precedent have been met (the “Closing Date”).
The Company, SIML, will issue to R▇▇▇▇▇▇ ▇▇▇▇▇ as collateral, $1,945,000 of restricted common stock at a price of $.019 for a total issuance of 102,368,421 restricted shares of common stock.
In the event of any conflict between the Supplier terms and conditions or its Quotation and the SIML and/or Affiliate terms and conditions, the SIML/ Affiliate terms and conditions will prevail unless amendments to the SIML/ the Affiliate terms and conditions are agreed to in writing by SIML/ the Affiliate.
In further consideration of the purchase of the IP, fixed assets and “know how”, Satel Group Inc, and SIML have appointed R▇▇▇▇▇▇ ▇▇▇▇▇ to be issued 500 Series B Preferred Voting Shares pursuant an Employment Agreement.
In addition, SIML/ the Affiliates shall not be liable for any damage to or loss of any property belonging to any of the aforesaid persons howsoever arising and the Supplier indemnifies SIML/ the Affiliate against any such claim.
The Supplier shall provide to SIML and/ or the Affiliate with such documentation as it may request in order to satisfy itself that this clause has been met.