Due Diligence Responses definition
Examples of Due Diligence Responses in a sentence
Without limiting the generality of the foregoing, the Company shall make available its senior management, auditors and counsel to answer any questions which the Agents may have (the “Due Diligence Questions”) and to provide the Due Diligence Responses.
Other than as disclosed to the Agent in writing and in the Due Diligence Responses, the Corporation is not a party to: (i) any contracts of employment which may not be terminated on one month's notice or which provide for payments occurring on a change of control of the Corporation, or (ii) any collective labour agreements.
For purposes of this Section 5(a), the term “person” shall have the meaning assigned to it under sections 13(d)(3) or 14(d)(2) of the Exchange Act.
The Corporation and its Subsidiaries are not a party to any material contract or agreement or understanding with any officer, director, employee or security holder of the Corporation or any of its Subsidiaries or any other person not dealing at arm’s length with the Corporation or any of its Subsidiaries other than as disclosed in the Offering Documents and the Due Diligence Responses.
Neither the Corporation nor any of its Subsidiaries has any present loans or other outstanding indebtedness except as disclosed in the Disclosure Documents and in the Due Diligence Responses.
Where the Due Diligence Responses reflect the opinion or view of the Issuers or their directors or officers, such opinions or views were honestly held at the time they were given.
Subscriber has not relied upon any information provided by the General Partner, the Fund or any other person, whether written or oral, in entering into this Subscription Agreement other than the Offering Materials and Subscriber Due Diligence Responses.
Where the Due Diligence Responses reflect the opinion or view of the Issuer or its directors or officers, such opinions or views were honestly held at the time they were given.
The Due Diligence Responses given to the due diligence questions by the Issuers and their directors and officers to the Agents will be true and correct where they relate to matters of fact, and the Issuers and their directors and officers will respond in as thorough and complete a fashion as possible.