Business Conditions. The Business Conditions of PPF banka a.s. for Investment Services (the “Conditions”) and the General Business Conditions of PPF banka a.s. (the “GBC”), including the Price List, form an integral part of this Agreement. By signing this Agreement the Client confirms that they have familiarised themselves with and agrees to the content of the Conditions, the GBC and the Price List, including but not limited to the content of the provisions specified in Section 8.4 below. The terms defined in the Conditions and in the GBC have the same meanings in this Agreement. The rules of interpretation under the Conditions shall also apply to the provisions of this Agreement.
Business Conditions. As of the Closing, the business (as conducted), assets (including intangible assets), liabilities, financial condition or results of operations of the Company and other Group Companies shall be substantially consistent with what the Warrantors have represented to the Investor under Section 3 hereof, and shall have experienced no change that, constitutes a Material Adverse Effect or could reasonably be expected to produce a Material Adverse Effect on the Group.
Business Conditions. Since December 31, 2001, there has not been any material adverse change in the business, financial condition, operations or results of operations of the Company.
Business Conditions. Forty percent (40%) of the Project will be occupied by Xxxx Development Company, Inc. (“Xxxx”) as it expands its business in Lenexa, thereby satisfying one of the Business Conditions set forth in the City’s Private Activity Conduit Financing and Tax Abatement Policy for Economic Development (“Tax Abatement Policy”) supporting RJB’s receipt of a fifty-five percent (55%) tax abatement for this Project. Provided RJB continues to lease at least 40% of the Project to Xxxx during the Abatement Period, or alternatively, another existing Lenexa business meeting the requirements of the Tax Abatement Policy occupies at least 40% of the Project and RJB makes the Minimum Capital Investment described in paragraph 8 below, RJB shall be deemed to meet the Business Conditions. If Xxxx or another existing Lenexa Business fails to occupy at least 40% of the Project during the term of the Lease, then the abatement will be clawed back by 10%, increasing the PILOT and making the new PILOT payment equal to fifty-five (55) of the amount of general ad valorem real and personal property taxes for such Tax Abated Project Portion which would have been due and payable by RJB if the Tax Abated Project Portion were taxable as determined in accordance with paragraph 4 herein.
Business Conditions. Each year, Business Conditions are published in the Schedule of Fees that is distributed to each PLC family. The PLC Council reserves the right to vary its Business Conditions from time to time. Such current conditions or variations shall be outlined in each year’s Schedule of Fees or notified from time to time.
Business Conditions. There shall not exist or have occurred, and Osgoode shall not have otherwise learned of any previous occurrence which had not been publicly disclosed prior to the announcement by Osgoode of its intention to make the Share Exchange, any change (or any condition, event or development involving a prospective change) in the business, operation, assets, capitalization, financial condition, licenses, permits, rights, privileges or liabilities whether contractual or otherwise, of Lasermedia which, in the sole judgment of Osgoode, is or would be materially adverse to the business of Lasermedia;
Business Conditions. Neither Seller nor Shareholder has any knowledge of any condition which might have a material adverse affect upon the Business or prevent the Business from being carried on in the future. No stockholder, officer, director or employee of Seller owns, directly or indirectly, any interest in, or is an employee of, any corporation, firm or other business organization which is a competitor of or conducts business with Seller.
Business Conditions. Neither IAI nor any of the Shareholders has any knowledge of any condition which would have a material adverse effect upon the business of IAI or prevent such business from being carried on in the future, including but not limited to any notice from any client of IAI that such client does not intend to continue its contract with IAI. To the best knowledge of Shareholders, the execution of this Agreement and the consummation of the transactions contemplated by this Agreement will not cause any of IAI's clients or customers to terminate their association with IAI. No stockholder, officer, director or employee of IAI owns, directly or indirectly, an interest in, or is an employee of, any corporation, firm or other business organization which is a competitor of IAI.
Business Conditions. Other than generally applicable market and business risks, neither Xxxxxxxxx nor the Corporation have actual knowledge of any existing specific condition, nor, to the best knowledge of Xxxxxxxxx and the Corporation, does any fact exist, which would have a material adverse effect upon the business of the Corporation or the Subsidiary or will prevent the business of the Corporation or the Subsidiary from being carried on in its present form following Closing. To the best knowledge of Xxxxxxxxx and the Corporation, the execution of this Agreement and the consummation of the transactions contemplated by this Agreement will not cause any of the Corporation's or the Subsidiary's clients or customers to terminate their association with the Corporation or the Subsidiary. To the best knowledge of Xxxxxxxxx and the Corporation, neither Xxxxxxxxx nor any officer, director or employee of the Corporation or the Subsidiary owns, directly or indirectly, a controlling interest in, or is an employee of, any corporation, firm or other business organization which is a competitor of the Corporation or the Subsidiary.
Business Conditions. Neither Seller nor Xxxxx has any knowledge of any condition which would have a material adverse effect upon the Business or prevent the Business from being carried on in the future, including but not limited to any notice from any client of Seller that such client does not intend to continue its contract with Seller. Notwithstanding the foregoing, Buyer understands and acknowledges that Seller's clients, from time to time when contracts with Seller expire, solicit bids from competitors of Seller before awarding any future business. Neither Xxxxx nor Seller make any representation or warranty that any of Seller's clients will continue to do business with Buyer in the future. No stockholder, officer, director or employee of Seller owns, directly or indirectly, any interest in, or is an employee of, any corporation, firm or other business organization which is a competitor of Seller.
