Examples of Intek in a sentence
For the purposes of this Section, the term "Subject Company" shall mean Intek and any direct or indirect subsidiaries, parents and affiliates of Intek including Acorn.
All contracts, agreements and instruments to ------------------ which Intek is a party are valid, binding and in full force and effect in all Material respects, and are valid, binding and enforceable by Intek in accordance with their respective terms, subject to the laws of general application relating to bankruptcy, insolvency and the relief of debtors and rules of law governing specific performance, injunctive relief or other equitable remedies.
No federal or state income or sales Tax Returns of Intek have been audited.
This Agreement constitutes, and the Documents constitute, valid and binding obligations of Intek, enforceable in accordance with their respective terms, except as may be limited by principles of public policy and except as indemnification provisions may be limited by securities laws, and subject to laws of general application relating to bankruptcy, insolvency and the relief of debtors and rules of law governing specific performance, injunctive relief or other equitable remedies.
Neither Intek nor any authorized agent acting on its behalf will take any action hereafter that would cause the loss of such exemption.
No condition or event has occurred which, with notice or the passage of time or both, would constitute a violation of a Legal Requirement or Permit except where such noncompliance or violation has not had, and could not reasonably be expected to have, a Material adverse effect upon Intek.
Special instructions, where applicable, are provided by Intek (see SECTION 8 - CUSTOM INFORMATION).
Intek has not executed or filed with any Taxing authority any agreement extending the period for assessment or collection of any Taxes.
Subject to the accuracy of Acorn's and the Shareholders' -------- representations in ARTICLE 3 hereof, which representations shall be reaffirmed as of the date of any issuances of Intek Shares pursuant hereto, the offer, sale and issuance of the Intek Shares constitute transactions exempt from the registration requirements of Section 5 of the Securities Act and applicable Blue Sky laws.
Noam ("Noam") is and has been at all relevant times a director of Intek.