Examples of Knowledge of Shareholders in a sentence
To the Knowledge of Shareholders and TST, neither TST nor any of its Subsidiaries has any material liability (whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due, including any liability for taxes), except for (i) liabilities set forth on the face of the Most Recent Balance Sheet and (ii) liabilities which have arisen after the Most Recent Fiscal Month End in the Ordinary Course of Business.
Section of the Disclosure Schedule sets forth each instance in which the Company (i) is subject to any outstanding injunction, judgment, order, decree, ruling, or charge or (ii) is a party, or to the Knowledge of Shareholders or the Company, is threatened to be made a party to any claim, action, suit, proceeding, hearing, or investigation of, in, or before any court or quasi-judicial or administrative agency of any federal, state, local, or foreign jurisdiction or before any arbitrator.
To the Knowledge of Shareholders and TST, the tax returns heretofore filed by TST and its Subsidiaries did not and do not materially understate TST's income or materially overstate expenses.
To the Knowledge of Shareholders and the Company, no state of facts exists, and no event has occurred, which could reasonably be expected to form the basis of any present claim against the Company for liability to any third party in connection with vacation packages sold or services rendered by the Company, other than Customer Claims arising in the ordinary course of the Business.
No notice or other communication has been received by POP or Animation from any insurance company within the two (2) years preceding the date hereof cancelling or materially amending or materially increasing the annual or other premiums payable under any of its insurance policies and, to the Knowledge of Shareholders, no such cancellation, amendment or increase of premiums is threatened.
Except as set forth in SCHEDULE 4.1(h) attached hereto, all such reports and returns were prepared and filed in accordance with Applicable Law and, to the Knowledge of Shareholders, are correct and complete in all material respects and the Corporation has not reported on its income tax returns any positions taken therein that could give rise to a substantial understatement of federal or other income tax.
To the Knowledge of Shareholders, the Company has not interfered with, infringed upon, misappropriated, or otherwise come into conflict with, any Intellectual Property rights of third parties as a result of the continued operation of the Business as presently conducted.
To the Knowledge of Shareholders, there is no contest, claim, or right of set-off, other than returns in the ordinary course of business, under any contract with any obligor of an Accounts Receivable relating to the amount or validity of such Accounts Receivable.
Schedule 4.20 sets forth each supplier who has, since January 1, 2007, served notice (written or oral) of its intent to cancel, terminate or modify, or has expressly threatened in writing or, to the Knowledge of Shareholders and any Company, has expressly threatened orally, to cancel, terminate or materially modify, its relationship with any Company.
True Digital has not been charged or, to the Knowledge of Shareholders, threatened with, or under investigation with respect to, any material violation of any applicable Law relating to any aspect of the business of True Digital.