WNG definition
Examples of WNG in a sentence
There are no material Tax liens upon the assets of WeCo or any of the WNG Subsidiaries except liens for Taxes not yet due.
WeCo and WNG represent and warrant that, except for Gold▇▇▇, ▇▇chs & Co., whose fees have been disclosed to Puget prior to the date hereof, no broker, finder or investment banker is entitled to any brokerage, finder's or other fee or commission in connection with the Merger or the transactions contemplated by this Agreement based upon arrangements made by or on behalf of WeCo or WNG.
If such right is terminated otherwise than by the purchase of such shares by the Company, then such shares shall cease to be WNG Dissenting Preferred Shares and shall be converted into and represent the right to receive Company Preferred Stock as provided in Section 2.1(d).
If pursuant to Section 1.1 the WeCo/WNG/Puget Merger is to be effected, each share of Common Stock, par value $5 per share, of WNG (the "WNG Common Stock") shall be cancelled and cease to exist.
Effective as of the day immediately preceding the Effective Time the cash-or-deferred profit sharing plans maintained by WeCo, WNG or any of the WNG Subsidiaries for nonbargaining unit employees (the "WeCo 401(k) Plan") shall be amended to provide that no additional employer or employee contributions shall be made thereto for periods beginning on or after the Effective Time.
True, accurate and complete copies of the Articles of Incorporation and Bylaws of WeCo and WNG, as in effect on the date hereof, have been delivered to Puget.
Each of WNI and WNG is a corporation duly organized, validly existing and in good standing under the laws of the States of Delaware and Utah, respectively, with full corporate power and corporate authority to (a) own, lease and operate its properties, (b) carry on the Domestic Business as currently conducted by it, and (c) execute, deliver and perform under this Agreement, the Ancillary Agreements and each other agreement and instrument to be executed and delivered by it pursuant hereto.
Affiliated Employees of WeCo and any of the WNG Subsidiaries shall receive, for a period of not less than one year following the Effective Time, awards under the Company Stock Plan that are no less favorable in the aggregate than the equity-based awards provided to other employees of the Company in comparable positions.
All of the issued and outstanding shares of the capital stock of WNG are validly issued, fully paid, nonassessable and free of preemptive rights.
The statute of limitations for the assessment of all Taxes has expired for all U.S. federal and state Tax Returns of WeCo and each WNG Subsidiary or such Tax Returns have been examined by the appropriate Governmental Authorities for all periods through the date hereof.