YMC Group definition
Examples of YMC Group in a sentence
No YMC Group Company has applied for or received any grants, subsidies or financial assistance from any governmental department or agency or any local or other authority or body.
No governmental or official investigation, inquiry or enforcement proceedings concerning any member of the YMC Group, its business or any of its directors or employees is in progress or pending and, so far as the Sellers are aware, there are no facts, matters or circumstances which are likely to give rise to any such investigation, inquiry or proceedings.
No one is entitled to receive from any member of the YMC Group any bonus, finder's fee, brokerage or other commission or payment in connection with the sale and purchase of the Shares under this agreement.
The Locked Box Accounts show a true and fair view of the assets and liabilities and state of affairs of each member of the YMC Group as at the Locked Box Date and of its profits or losses for the period to which they relate.
A copy of each material contract to which any member of the YMC Group is a party (a “Material Contract”) has been disclosed in the Disclosure Materials and the relevant member of the YMC Group is not in default under any such contract and, so far as the Sellers are aware, there are no facts, matters or circumstances which could, or are likely to, give rise to any such default.
No member of the YMC Group has purchased any material inventories, goods or materials from any of its suppliers on terms that property in it does not pass until full payment is made or all indebtedness is discharged.
No member of the YMC Group has entered into any collective agreement or arrangement with, nor does it recognise, a trade union, works council, staff association or other body representing any of its employees nor has it done any act which might be construed as recognition.
No act or omission of any member of the YMC Group has occurred which would entitle any relevant state authority to revoke, vary, terminate or require the surrender of any YMC Tenement and no notice of the same has been received by any member of the YMC Group.