Examples of GC Entities in a sentence
The Data Room Index contains a correct and complete list of all liability, property, workers' compensation, fidelity, directors' and officers' liability, social, welfare pension and other insurance policies in effect on the date of this Agreement that are issued to the GC Entities and that insure the business, operations or employees of the GC Entities.
As of the date of this Agreement, no material claim is pending or, to the Knowledge of any GC Entity, threatened to such effect or with respect to the ownership, validity, license or use of, or any infringement resulting from, the GC Entities' Intellectual Property.
None of the GC Entities has any Knowledge that such Intellectual Property is being infringed by any other Person or that the GC Entities are infringing any Intellectual Property of any other Person.
The insurance coverage provided by the policies issued to the GC Entities will not terminate or lapse by reason of the Transaction.
Except as disclosed under Data Room Index, none of the GC Entities is in violation of or in default under any Law or Order applicable to such GC Entity or any of their respective Assets and Properties that would reasonably be expected to have a Material Adverse Effect.
Each of the GC Entities is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization and has full entity power and authority to conduct the GC Business conducted by it and to own, use and lease its Assets and Properties.
Since the Last Statement Date, the GC Entities have been operated in all material respects in the Ordinary Course of Business and there has not been any change or any event or development which, individually or together with other such events or development, has had a Material Adverse Effect.
There has been no material work stoppage or strike by employees of any of the GC Entities, and to the Seller' Knowledge, none have been threatened.
All the Intellectual Property owned by the GC Entities is free and clear of any and all Liens, other than Permitted Liens or the lien imposed by any license or other permission to use itself.
The Data Room Index sets forth: (a) a true and complete list of the names and locations of all banks, trust companies, securities brokers and other financial institutions at which the GC Entities have an account or safe deposit box or maintains a banking, custodial or trading relationship, and (b) a true and complete list and description of each such account, box and relationship, indicating in each case the account number.