UMTI definition

UMTI means UMT Investments Limited, a company incorporated under the Act which is presently carrying on the business of investment in telecom and related companies in India.
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Examples of UMTI in a sentence

  • UMTI is not and has never been a party to any tax sharing agreements with any other person or entity.

  • There are no outstanding options, warrants, commitments, calls or other rights or agreements requiring UMTI to issue any UMTI Shares or securities convertible into UMTI Shares to anyone for any reason whatsoever.

  • UMTI has not extended or waived the application of any statute of limitations of any jurisdiction regarding the assessment or collection of any taxes.

  • UMTI has no assets, no liabilities or obligations of any kind, character or description except those listed on the attached schedules and exhibits.

  • At the date of this Agreement, 1,000 UMTI Shares are issued and outstanding as follows: All issued and outstanding UMTI Shares have been duly and validly issued and are fully paid and non-assessable shares and have not been issued in violation of any preemptive or other rights of any other person or any applicable laws.

  • UMTI has or will by Closing Date have good and marketable title to its assets, free and clear of all liens, claims, charges, mortgages, options, security agreements and other encumbrances of every kind or nature whatsoever.

  • AOGS shall receive the resignation effective the Closing Date of each director and officer of UMTI.

  • Subject to the terms and conditions of this Agreement, at the Effective Date, as defined below, all UMTI Shares shall be acquired from UTEK by AOGS in accordance with the respective corporation laws of their state and the provisions of this Agreement and the separate corporate existence of UMTI, as a wholly-owned subsidiary of AOGS, shall continue after the closing.

  • There is no information known to UMTI or UTEK that would prevent the financial statements of UMTI from being audited in accordance with generally accepted accounting principles.

  • UMTI is not in violation of any law, regulation relating to employment of employees.