Examples of Best Knowledge of the Sellers in a sentence
No investigation or review by any Governmental Entity with respect to any Entity is pending or, to the Best Knowledge of the Sellers, threatened, nor has any Governmental Entity notified any Entity or any Seller of its intention to conduct the same.
Except as set forth on SCHEDULE 5.13 and workers' compensation claims made in the ordinary course of business and consistent (in frequency and cost) with past practices, there are no (i) Proceedings pending or, to the Best Knowledge of the Sellers, threatened against any Seller, whether at law or in equity, or before or by any Governmental Entity or arbitrator or (ii) Orders of any Governmental Entity or arbitrator against any Seller.
To the Best Knowledge of the Sellers, none of said corporations has or will have violated the Securities Act or the State Laws in connection with the issuance of any shares of capital stock or other securities from the date of incorporation through the Closing Date.
All of such Permits are listed on Schedule 3.14, are in full force and effect, no violations with respect to any thereof have occurred or are or have been recorded, no Proceeding is pending or, to the Best Knowledge of the Sellers, threatened to revoke or limit any thereof except, in each case, such of the foregoing as could not reasonably be expected to have a Material Adverse Effect.
Except as set forth on SCHEDULE 5.21, there is (i) no account debtor or note debtor delinquent in its payment by more than 90 days, (ii) no account debtor or note debtor that has refused or, to the Best Knowledge of the Sellers, threatened to refuse to pay its obligations to each Seller for any reason, (iii) to the Best Knowledge of the Sellers, no account debtor or note debtor that is insolvent or bankrupt and (iv) no account receivable or note receivable pledged to any third party by each Seller.
To the Best Knowledge of the Sellers and Stockholders, all structures, improvements and fixtures on the Leased Premises and the current uses of the Leased Premises conform in all material respects to any and all applicable federal, state and local laws, building, health and safety and other ordinances, laws, rules and regulations.
There is no Liability and, to the Best Knowledge of the Sellers and the Partners, no threatened action, suit, proceeding, hearing, investigation, charge, complaint, claim, or demand, nor any reasonable basis therefor, which could give rise to any Liability relating directly or indirectly to any Acquired Asset that would reasonably be expected to have a Seller Collective Material Adverse Effect.
To the Best Knowledge of the Sellers, the Company is not in violation of any law or regulation having the force of law, where such violation would be continuing after Disclosure Date or the Closing Date, as the case may be, in the absence of any further measures or acts taken by the Company after the relevant date, unless where non-compliance does not result in an adverse effect on the Company exceeding in the aggregate Ten Million Euro (€10,000,000).
Each of the following representations set --------------------- forth in this Section 11.13 is to the Best Knowledge of the Sellers and Stockholders.
Except in the ordinary course of business, no material supplier or vendor to the Sellers has canceled or otherwise terminated, or, to the Best Knowledge of the Sellers, threatened to cancel or otherwise terminate, its relationship with the Sellers or has decreased, limited or otherwise modified, or to the Best Knowledge of the Sellers, threatened to decrease, limit or otherwise modify, the services, supplies or materials it provides to the Sellers.