Examples of Best Knowledge of Sellers in a sentence
No pending or, to the Best Knowledge of Sellers, threatened, claims, suits or other proceedings exist with respect to any Employee Benefit Plan of the Acquired Companies, other than normal benefit claims filed by participants or beneficiaries.
Except as set forth in Section ------- 3.19 of the Disclosure Schedule, since November 13, 1998, no single customer or ---- group of affiliated customers contributing more than $250 per month to the gross revenues of the Business has stopped doing business with the Company or Xxxxxxx, and to the Best Knowledge of Sellers and the Company Principals, no such customer has an intention to discontinue doing business or reduce the level of gross revenues from that in fiscal year 1997 with the Company or Xxxxxxx.
No claim has been asserted against either Acquired Company that (i) relates to the validity or enforcement of any patent, trademark, copyright or trade secret infringement, (ii) relates to the ownership of or right to use any Proprietary Right or (iii) challenges or questions the validity or effectiveness of any license or agreement that constitutes a part of any Proprietary Right, and to the Best Knowledge of Sellers, there is no valid basis for any such claim.
To the Best Knowledge of Sellers, each Acquired Company maintains its books, records and accounts in accordance with good business practice and in sufficient detail to reflect accurately and fairly the transactions and the condition of its business.
To the Best Knowledge of Sellers, the Acquired Companies have the right to use the Proprietary Rights without infringing or violating the rights of any third parties.
The Financial Statements (i) are true, correct and complete, (ii) are in accordance with the Business Records, (iii) to the Best Knowledge of Sellers or the Company Principals, have been prepared in a manner that is not materially different from GAAP, and (iv) fairly present the financial condition and results of operations of the Company as of the respective dates thereof and for the periods covered thereby.
To the Best Knowledge of Sellers, the Acquired Companies either own or possess adequate licenses or other rights, if any, for all patents, trademarks, service marks and copyrights, if any, necessary to conduct their respective businesses, without conflict with the rights of others.
There are no Actions or Proceedings pending or, to the ---------- Best Knowledge of Sellers or the Company Principals, threatened or anticipated against, relating to or affecting (i) either Seller, the Purchased Assets or the Business or (ii) the transactions contemplated by this Agreement, and there is no basis for any such Action or Proceeding.
Except as disclosed in Section 3.6 of the ----------- Seller Disclosure Schedule, there is currently no investigation or review by a Governmental Entity with respect to any Seller Party pending or, to the Best Knowledge of Sellers, threatened, nor has any Governmental Entity notified any Seller Party of its intention to conduct the same.
No loss or expiration of any Permit is pending or, to the Best Knowledge of Sellers, threatened, other than expiration in accordance with the terms thereof.