TRNS definition
Examples of TRNS in a sentence
TRNS is duly qualified to conduct business and is in corporate and tax good standing under the laws of each jurisdiction in which the nature of its businesses or the ownership or leasing of its properties requires such qualification.
TRNS DISAST OAA III B DDSA 1 one way trip Transportation: Provision of a means of going from one location to another.
All of the issued and outstanding shares of capital stock of TRNS are duly authorized, validly issued, fully paid, nonassessable and free of preemptive rights and are held of record and beneficially owned by the Company..
There are no outstanding or authorized options, warrants, rights, agreements or commitments to which the Company or TRNS is a party or which are binding on any of them providing for the issuance, disposition or acquisition of any capital stock of TRNS.
TRNS has not filed an election to change its default classification for U.S. tax purposes.
There are no outstanding stock appreciation, phantom stock or similar rights with respect to TRNS.
There are no voting trusts, proxies, or other agreements or understandings with respect to the voting of any capital stock of TRNS.
All shares of Teranetics India that are held of record or owned beneficially by the Company and TRNS are held or owned free and clear of any restrictions on transfer (other than restrictions under the Securities Act and applicable Law), claims, security interests, options, warrants, rights, contracts, calls, commitments, equities and demands.
All of the issued and outstanding shares of capital stock of Teranetics India are duly authorized, validly issued, fully paid, nonassessable and free of preemptive rights and are held of record and beneficially owned by the Company and TRNS in the percentages set forth in Section 3.1(c) of the Company Disclosure Schedule.
TRNS is not in material default under or in material violation of any provision of its charter or bylaws or other comparable charter or organizational documents.