Summus definition
Examples of Summus in a sentence
The addresses for such communications shall be: If to the Company: Summus, Inc.
Except as set forth in the Disclosure Memorandum, Summus has previously provided to HSNS true, correct and complete copies of all Returns filed since inception.
Since the date of this Agreement, there shall not have occurred any incident or event which, individually or in the aggregate, has had or is reasonably likely to result in a Material Adverse Effect on Summus, including the loss of any significant customer of Summus.
Assuming that each such Acquired Contract is completed by HSNS in a manner that consistent with Summus' historical business practices, no Acquired Contract is likely to result in a loss to Summus upon completion of performance and all Acquired Contracts can be materially fulfilled or performed by Summus in accordance with their respective terms without undue or unusual expenditures of money or effort.
There has been no material adverse change since the Balance Sheet Date in the amount or delinquency of accounts payable of Summus (either individually or in the aggregate), except as set forth in the Disclosure Memorandum.
Prior to the date hereof, the Stockholders have delivered to HSNS copies of Summus' financial statements and related documents, as amended, as identified in the Disclosure Memorandum (collectively, the "FINANCIAL STATEMENTS").
The Financial Statements include Summus' most recent Balance Sheet as of September 30, 2000, (the "REFERENCE DATE BALANCE SHEET").
Summus and the Stockholders may not assign this Agreement without the prior written consent of HSNS.
To the knowledge of Summus, no portion of the Real Property is subject to any classification, designation or preliminary determination of any Government or pursuant to any Law which would materially restrict its use, development, occupancy or operation in connection with Summus' business.
Summus has the exclusive right of possession of each tract or parcel comprising its Owned Real Property.