Common use of The Business Clause in Contracts

The Business. 6.1 As far as the Directors are aware, no event has occurred or is subsisting or is about to occur which constitutes or would, with the giving of notice and/or lapse of time, constitute a default or result in the acceleration by way of default, of any obligation under any agreement or arrangement to which any member of the Group is a party which is material to the business of any member of the Group. 6.2 As far as the Directors are aware, there is no agreement, arrangement or transaction material to the business and/or financial position and/or prospects of the Group as a whole which is invalid or which may be rescinded, avoided or repudiated, and no member of the Group has received notice of any intention to terminate, repudiate or disclaim any such agreement, arrangement or transaction. 6.3 Other than the articles of association of the Company, the terms of this Agreement, the service contracts or engagement terms between the Company and the Directors, no contract or arrangement exists between the Company and (in his capacity as such) any person who owns or, has any interest in or rights in relation to any Ordinary Shares or securities (or any person who is connected with such a person) with regard to: 6.3.1 the management of any business of any member of the Group; or 6.3.2 the appointment or removal of any of the directors of any member of the Group; or 6.3.3 any other matter concerning any member of the Group or its affairs.

Appears in 2 contracts

Samples: Placing Agreement, Placing Agreement

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The Business. 6.1 As far as the Directors are Company is aware, no event has occurred or is subsisting or is about to occur which constitutes or would, with the giving of notice and/or lapse of time, constitute a default or result in the acceleration by way of default, of any obligation under any agreement or arrangement to which any member of the Group is a party which is material to the business of any member of the Group. 6.2 As far as the Directors are Company is aware, there is no agreement, arrangement or transaction material to the business and/or financial position and/or prospects of the Group as a whole which is invalid or which may be rescinded, avoided or repudiated, and no member of the Group has received notice of any intention to terminate, repudiate or disclaim any such agreement, arrangement or transaction. 6.3 Other than the articles of association of the CompanyArticles, the terms of this Agreement, the service contracts or engagement terms between the Company and the Directors, no contract or arrangement exists between the Company and and, so far as the Company is aware, (in his capacity as such) any person who owns or, has any interest in or rights in relation to any Ordinary Shares or securities (or any person who is connected with such a person) with regard to: 6.3.1 the management of any business of any member of the Group; or 6.3.2 the appointment or removal of any of the directors of any member of the Group; or 6.3.3 any other matter concerning any member of the Group or its affairs.

Appears in 2 contracts

Samples: Placing Agreement, Placing Agreement

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The Business. 6.1 As far as the Directors are aware, aware no event has occurred or is subsisting or is about to occur which constitutes or would, with the giving of notice and/or lapse of time, constitute a default or result in the acceleration by way of default, of any obligation under any agreement or arrangement to which any member of the Group is a party which is material to the business of any member of the Group. 6.2 As far as the Directors are aware, there is no agreement, arrangement or transaction material to the business and/or financial position and/or prospects of the Group as a whole which is invalid or which may be rescinded, avoided or repudiated, and no member of the Group has received notice of any intention to terminate, repudiate or disclaim any such agreement, arrangement or transaction. 6.3 Other than the articles of association of the Company, the terms of this Agreement, the service contracts or engagement terms between the Company and the DirectorsDirectors and the Chinese JV Agreement, no contract or arrangement exists between the Company and (in his capacity as such) any person who owns or, has any interest in or rights in relation to any Ordinary Shares or securities (or any person who is connected with such a person) with regard to: 6.3.1 the management of any business of any member of the Group; or 6.3.2 the appointment or removal of any of the directors of any member of the Group; or 6.3.3 any other matter concerning any member of the Group or its affairs.

Appears in 1 contract

Samples: Placing Agreement

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