Current Business of OMEGA. OMEGA shall continue to operate its business following the Closing of the Share Exchange Agreement, and (“THE COMPANY”) shall continue to operate as a wholly-owned subsidiary of OMEGA. Such matters include, inter alia, all business and business contracts, tenancy agreements, employment contracts, rights and obligations (other than those specifically described in this Agreement) and/or other liabilities of whatsoever kind.
Appears in 2 contracts
Samples: Share Exchange Agreement (Omega Commercial Finance Corp), Share Exchange Agreement (Omega Commercial Finance Corp)
Current Business of OMEGA. OMEGA shall continue to operate its business following the Closing of the Share Exchange Agreement, and (“THE COMPANY”) 21 OCEANS shall continue to operate as a wholly-owned subsidiary of OMEGA. Such matters include, inter alia, all business and business contracts, tenancy agreements, employment contracts, rights and obligations (other than those specifically described in this Agreement) and/or other liabilities of whatsoever kind.. ARTICLE V CONDITIONS PRECEDENT
Appears in 1 contract
Samples: Share Exchange Agreement (Omega Commercial Finance Corp)
Current Business of OMEGA. OMEGA shall continue to operate its business following the Closing of the Share Exchange Agreement, and (“THE COMPANY”) 21 OCEANS shall continue to operate as a wholly-owned subsidiary of OMEGA. Such matters include, inter alia, all business and business contracts, tenancy agreements, employment contracts, rights and obligations (other than those specifically described in this Agreement) and/or other liabilities of whatsoever kind.
Appears in 1 contract
Samples: Share Exchange Agreement (Omega Commercial Finance Corp)
