GTC Sections Sample Clauses

GTC Sections. The following provisions of PST Document GTC are hereby amended as follows: · In Section 3.1(b) (Execution and Validity), in the first sentence, between “further” and “action” insert “corporate, partnership or similar”. · In Section 3.1(c) (No Conflicts), in clause (ii) replace “the Company or any Subsidiary” with “such Party or any of its subsidiaries”. · In Section 3.2(g) (Short Sales and Confidentiality), in the phrase “provided that if the Transactions have been publicly disclosed” insert “material terms of the” before “Transactions”. · Sections 3.3(d) and (e) are deleted in their entirety. · In Section 3.4(g) (Public Filings), in the last full line add “, in light of the totality of the circumstances and public disclosures made,” before the words “not misleading”. · In Section 3.4(i) (Financial Statements), the first sentence shall be replaced with “Since the date of the most recent balance sheet contained in the Most Recent Fiscal Report, the Company and its Subsidiaries have not incurred any Liabilities other than those Liabilities incurred in the ordinary course of the Company's or its Subsidiaries' respective businesses which Liabilities, individually or in the aggregate, do not have, and could not reasonably be expected to result in, a Material Adverse Effect.” · In Section 3.4(j) (Material Changes), in the first sentence delete “audited” and replace “most Recent Annual Report” with “Most Recent Fiscal Report”. · In Section 3.4(p) (Regulatory Permits), after the word “All” at the beginning of the second sentence add “material” before the word “Permits”. · In Section 3.4(r) (Intellectual Property) (A) in the fourth sentence add “materially” before “interfered” and add “material” before “Intellectual Property”, (B) at the end of the fifth sentence add “except for instances that would not reasonably be expected to cause a Material Adverse Effect”, and (C) in the penultimate sentence add “imminent” before “new products” and after “developed” add “and ready to be commercialized”. · In Section 3.4(s) (Insurance), in clause (ii) add “material” before “breach”. · In Section 3.4(t) (Tax Matters), in clause (ii) add “material” before “tax deficiency”. · In Section 3.4(x) (Xxxxxxxx-Xxxxx), after “negative conclusions” add “required to be disclosed” in each instance. · In Section 3.4(y) (Internal Accounting Controls), in clause (iii) after “authorizations” add “and policies”. · In Section 3.4(z) (Corporate Records), replace the first sentence with “The minut...

GTC Sections. The following provisions of PST Document GTC are hereby amended as follows: · In Section 3.1(b) (Execution and Validity), in the first sentence, between “further” and “action” insert “corporate, partnership or similar”. · In Section 3.4(g) (Public Filings), in the last full line add “, in light of the totality of the circumstances and public disclosures made,” before the words “not misleading”.