Examples of AVS Companies in a sentence
The AVS Companies (as hereinafter defined) are engaged in, among other things, the redistribution of aircraft engines, aircraft parts and aircraft engine parts through sale, lease and exchange transactions (the "Business").
None of the AVS Companies has incurred any obligation for any finder's or broker's or agent's fees or commissions or similar compensation in connection with the transactions contemplated hereby.
Each of the AVS Companies has the corporate power and authority to execute and deliver this Agreement, to perform its respective obligations hereunder and to consummate the transactions contemplated hereby.
The AVS Companies shall have the right, in their discretion, to maintain from time to time Exchange Pools at one or more Designated Locations which they may make available for exchange arrangements with their customers.
Each of the AVS Companies has taken all action necessary to authorize its execution and delivery of this Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby.
Each of the AVS Companies shall have performed and complied with all of its obligations required by this Agreement to be performed or complied with at or prior to the Effective Time.
AVS covenants and agrees that it shall cause each of the AVS Companies to comply with the terms and conditions of this Agreement.
Each of the AVS Companies shall have delivered to the Company and the Shareholders a certificate, dated as of the Effective Date, and signed by an executive officer, certifying that such representations and warranties are true and correct in all material respects and that all such obligations have been complied with and performed.
The representations and warranties of the AVS Companies contained in this Agreement shall be true and correct in all material respects at and as of the Effective Time with the same force and effect as though made at and as of that time except (i) for changes specifically permitted by or disclosed pursuant to this Agreement, and (ii) that those representations and warranties which address matters only as of a particular date shall remain true and correct as of such date.
Any amounts any of the AVS Companies pays in excess of the Assumed Indebtedness in order to satisfy any indebtedness, obligations, duties and liabilities of the Company as of the Closing Date shall be deemed Indemnifiable Damages (as defined in Section 11.1), and AVS Companies may set off against the Held Back Shares (as defined in Section 3.2) or take any other action or exercise any other remedy available to it by appropriate legal proceedings to recover such amount.