Examples of Canadian Vendors in a sentence
To the knowledge of the Canadian Vendors, there are no grounds on which any such Legal Proceeding might be commenced with any reasonable likelihood of success.
The Canadian Vendors shall have received such other opinions, agreements, certificates, affidavits, statutory declarations, instruments of transfer and other documentation reasonably required by the Canadian Vendors to implement the transactions herein contemplated, all of which shall be satisfactory in form and substance to counsel for the Canadian Vendors, acting reasonably.
The Canadian Purchaser shall permit representatives of the Canadian Vendors to be present at the inventory counts and other procedures used in the preparation of the draft Closing Balance Sheet and shall provide such representatives promptly with copies of all working papers created in connection with such preparation and access and to any portion of the Books and Records which the Canadian Vendors deem necessary, acting reasonably, in order to allow them to verify the draft closing balance sheets.
The Canadian Vendors agree to hold each of the Canadian Purchaser, the US Purchaser, and the Aitec Subsidiaries harmless from any liability for payments or obligations relating to bonus or incentive compensation up to the Closing Date, other than as reflected on the Closing Balance Sheet.
The Canadian Vendors shall assume all liability for all employee severance, termination and related costs associated with the termination by Amalco and/or any member of the Aitec Holdings Group of any of its employees at or prior to the Closing, who are Canadian Vendors.
Each of the Canadian Vendors hereby covenants and agrees to cause, prior to Closing, the filing of any Tax Returns of any Canadian Holding Companies which have not been so duly filed as indicated on such Schedule.
The execution and delivery of this Agreement by the Canadian Vendors and the completion of the transactions herein contemplated have been duly and validly authorized by all necessary action on behalf of the Trusts Shareholders, and this Agreement has been duly and validly executed and delivered by the Canadian Vendors and is a valid and binding obligation of the Canadian Vendors enforceable against the Canadian Vendors in accordance with its terms.
Each of the Canadian Vendors and the spouses of each Individual Shareholder shall have executed and delivered full and final mutual releases between each of them and Amalco and the Aitec Holdings Group.
The Canadian Vendors understand that the Canadian Purchaser and US Purchaser intend to implement new incentive compensation plans effective immediately following the Closing Date.
The Canadian Vendors shall sign all such resolutions and documents and do all acts, deeds and things necessary or desirable to complete the Amalgamation immediately prior to the Closing.