WLDI definition
Examples of WLDI in a sentence
The representations and warranties of WLDI contained in this Agreement shall be true and correct on the date hereof and (except to the extent such representations and warranties speak as of an earlier date) shall also be true and correct on and as of the Closing Date with the same force and effect as if made on and as of the Closing Date.
At and prior to the Closing, WLDI shall use commercially reasonable efforts to fulfill the conditions specified in this Agreement to the extent that the fulfillment of such conditions is within its control.
WLDI desires to purchase from WSVC, and WSVC desires to sell to WLDI, all the Shares in accordance with the provisions of this Agreement.
WLDI has the requisite power and authority to execute and deliver the transaction documents to which it is a party and to perform the transactions performed or to be performed by it.
WLDI shall not use such information for purposes other than in connection with the transactions contemplated by this Agreement and shall otherwise hold such information in confidence until such time as such information otherwise becomes publicly available and will sign such standard and customary non-disclosure agreements as are reasonably requested by WSVC.
WSVC has agreed to invest up to $5,000,000 to acquire a new manufacturing plant and other facilities for the purpose of manufacturing authorized products of WLDI and/or its subsidiaries.
The stock record books of WLDI are complete, correct and current.
WLDI acknowledges that the books and records fairly and correctly set out and disclose in all material respects, in accordance with generally accepted accounting principles ("GAAP"), the financial position of WLDI as at the date hereof, and all material financial transactions of WLDI relating to the business have been accurately recorded in such books and records.
WSVC and WLDI shall consult with each other before issuing any press release or making any public statement with respect to this Agreement and the Transactions and, except as may be required by applicable law, none of such Parties nor any other Parties shall issue any such press release or make any such public statement without the consent of the other parties hereto.
To the knowledge of the WLDI, the business of WLDI as formerly and presently conducted did not and does not conflict with or infringe upon any Intellectual Property right, owned or claimed by another.