Corporation Parties definition
Examples of Corporation Parties in a sentence
None of the Corporation Parties is in violation of any term of its respective constating documents, except where such violations would not have a Material Adverse Effect.
The Corporation Parties are in compliance with all laws and regulations respecting employment and employment practices, terms and conditions of employment, pay equity and wages, except where such non-compliance would not, individually or in the aggregate, have a Material Adverse Effect, and have not and is not engaged in any unfair labour practice.
The Releasing Parties recognize that they may have some claim, demand, or cause of action against the Corporation Parties of which they are totally unaware and unsuspecting, and that the Releasing Parties are giving up such claims, demands, and causes of action by execution of this release.
Antioxidants are molecules which detoxify oxidants, such as free radicals, and prevent the oxidation of other molecules73.
None of the Corporation Parties is involved in any labour strike, dispute, slowdown, stoppage, complaint or grievance, and to the knowledge of the Corporation, none are threatened.
The Corporation Parties maintain insurance policies with reputable insurers against risks of loss of or damage to their properties, assets and business, of such types as are customary in the case of entities engaged in the same or similar businesses as the Corporation.
The Corporation Parties are in compliance in all material respects with, and are not in breach of, any financial covenants or otherwise in respect of any existing debt obligations, security agreements, and guarantees of the Corporation or the Subsidiaries, as applicable.
The Target Corporation Parties will not undertake any actions prior to the Closing that would adversely affect the qualification of the Merger as a reorganization within the meaning of Section 368(a) of the Code.
Time is of the essence in the performance by the Corporation Parties of their respective obligations under this Agreement.
The Target Corporation Parties, in consultation with the Big City Parties and their Representatives, shall use their commercially reasonable efforts to obtain consents under all Material Contracts, Leases and Permits and all other instruments to which each Target Corporation is a party or by which it is bound which require the consent of any other party or person either by the terms thereof or as a matter of law in connection with the Merger.