UGE Group definition
Examples of UGE Group in a sentence
Since the most recent balance sheet date in the UGE Financial Statements, the UGE Group has not made or authorized payments to any such persons.
There are no outstanding securities of the UGE Group that are convertible, exchangeable, or redeemable into UGE Shares.
The share certificate books, register of security holders, register of transfers and register of directors and any similar corporate records of the UGE Group are complete and accurate in all material respects.
There has not been any material write-down or write-off of, or other adjustment to, such prepaid expenses by the UGE Group since the Balance Sheet Date.
Other than as set out in the Prospectus or Schedule 3.1(1)(w) attached hereto, no director, former director, officer, shareholder or employee of the UGE Group, or any person not dealing at arm’s length within the meaning of the Tax Act with any such person is indebted to the UGE Group, nor is the UGE Group indebted to any such person.
The UGE Group is not committed to make any material capital expenditures, nor have any capital expenditures been authorized by the UGE Group other than such expenditures as disclosed in the UGE Financial Statements.
No hazardous substances have been used in the operation of the Business except those hazardous substances used in the ordinary course of Business, and there has been no release of any such substances in the operation of the Business in contravention or violation of any laws, regulations, rules or approvals created by a Governmental Authority applicable to the UGE Group.
The UGE Group is not subject to any legislation or any judgment, order or requirement of any court or governmental authority which is not of general application to Persons carrying on a business similar to the Business.
The UGE Group is not a party to or bound by any agreement which would restrict or limit its right to carry on any business or activity or to solicit business from any Persons or in any geographical area or otherwise to conduct the Business as the UGE Group may determine.
Each company in the UGE Group has all necessary corporate power to own its properties and to carry on its business as it is now being conducted.