Common use of Inactive Entities Clause in Contracts

Inactive Entities. At all times each of Telos Field Engineering, Inc., Telos International Corp., Telos International Asia, Inc., Secure Trade, Inc., Telos Filinvest, Inc. and ubIQuity Philippines, Inc. shall be an inactive entity that conducts no business and has no assets or liabilities.

Inactive Entities. At all times each Each of Telos Field Engineering, Inc., Telos International Corp., Telos International Asia, Inc., Secure Trade, Inc., Telos Filinvest, Inc. and ubIQuity Philippines, Inc. shall be is an inactive entity that conducts no business and has no assets or liabilities.

Inactive Entities. At all times each Each of Telos Field Engineering, Inc., Telos International Corp., Telos International Asia, Inc., Secure Trade, Inc., Telos Filinvest, Inc. and ubIQuity Philippines, Inc. shall be is an inactive entity that conducts no business and has no assets or liabilities.

Inactive Entities. At all times each of Telos Field Engineering, Inc., Telos International Corp., Telos International Asia, Inc., Secure Trade, Inc., Telos Filinvest, Inc. and ubIQuity Philippines, Inc. shall be an inactive entity that conducts no business and has no assets or liabilities.