TAAL definition
Examples of TAAL in a sentence
TAAL has not received any notice of deficiency or assessment of additional taxes except as may be disclosed in Schedule 4.15, TAAL has not received any notice of deficiency or assessment of additional taxes except as may be disclosed on Schedule 4.15.
TAAL enjoys peaceful and undisturbed possession under each lease under which it is operating.
No representation or warranty by the Company to TAAL and the Shareholders in this Agreement, or in any statement, certificate, Schedule 5.15 or other document furnished to Shareholders or Seller pursuant hereto or in connection with the transactions contemplated hereby is false or inaccurate in any material respect or contains any untrue statement of a material fact or omits to state any fact necessary to make the statements contained herein or therein not misleading.
TAAL owns or has a valid right to use all patents, patent rights, licenses, permits, trade secrets, trademarks, trademark rights, trade names or trade name rights, copyrights, inventions, know-how, formulae, compounds, processes, technology, and intellectual property rights which it utilizes to operate its business as now operated and as now proposed to be operated, a complete list of which is attached hereto as Schedule 4.12.
From time to time, at the Company's request and without further consideration, each Shareholder will execute and deliver to the Company such documents and take such action as the Company may reasonably request in order to consummate more effectively the transactions contemplated hereby and to vest in the Company good, valid and marketable title to the TAAL Shares.
All such Residual Proceeds received shall be deemed to have been applied to reduce (i) first, the accrued but unpaid Notional Subordinated Financing Interest as of the date such Residual Proceeds were received and (ii) second, to the unpaid balance of the Notional Subordinated Financing Principal Amount.
This Agreement constitutes a valid and binding agreement of TAAL, enforceable in accordance with its terms.
United States federal income and other non-U.S. tax returns for TAAL have never been examined by the IRS or, to Seller's knowledge, subject to an equivalent procedure by the tax authorities of any other jurisdiction.
All representations, warranties and covenants of the Company, TAAL and the Shareholders contained herein shall survive the consummation of the transactions contemplated herein and remain in full force and effect for a period of three years after the Closing.
All consents or approvals required to consummate the exchange of TAAL Shares for the Company Shares and related transactions hereunder have been obtained.