USAB definition
Examples of USAB in a sentence
All of the shares of Cable to be sold or transferred to USAB have been duly authorized and are fully paid, non-assessable and free of preemptive rights, with no personal liability attaching to the ownership thereof.
Further, the By-Laws of Cable shall be amended or restated, if necessary, to the satisfaction of USAB.
USAB will grant LABN an option to extend the note for an additional six month term in exchange for increasing the annual interest rate of 10% an additional 10%, to the new rate of 20%.
USAB shall have performed and complied in all material respects with all the obligations, agreements and conditions required by this Agreement to be performed or complied with by it at or prior to the Closing.
USAB shall indemnify LABN and dcicv for taxes arising from events after the date of closing in respect thereof.
USAB is duly qualified to do business and is in good standing in all foreign jurisdictions wherein the character of the properties so owned or leased by it or the nature of its business makes such qualification to do business necessary, except for any such failure to so qualify, which when taken as a whole with all other such failures, is not reasonably expected to have a Material Adverse Effect.
Cable will provide USAB with state and federal tax filings (for Mexico for Cable for the past three years.
The legal enforceability after the Closing by USAB of its Contracts will not be affected in any material respect by the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby.
There are no material amendments or modifications to agreements, documents or other instruments which previously had been filed by USAB with the SEC pursuant to the Securities Act or the Securities Exchange Act of 1934, as amended, which have not yet been filed with the SEC but which are required to be filed.
Except for the assets set forth on Schedule 1.2, LABN is not transferring any other assets to USAB.