Examples of NAM Business in a sentence
Since January 1, 2016, subject to any applicable grace periods, Xxxxxx (solely to the extent related to the NAM Business) has been and is in substantial compliance in all material respects with all applicable effective provisions of the Xxxxxxxx-Xxxxx Act and the applicable rules and regulations of the OTCQX.
He is the President of Malaysia South-South Association, Malaysia - Japan Economic Association, Malaysian Prison FRIENDS Club, Non-Aligned Movement’s (NAM) Business Council and Treasurer of Malaysia-Australia Foundation.
As of the date hereof, Xxxxxx (solely to the extent related to the NAM Business) has no knowledge of any material weaknesses in the design or operation of its internal controls over financial reporting.
Following the consummation of the Reorganization, none of Xxxxxx, any of its Subsidiaries or any of their respective Affiliate (other than NAM and its Subsidiaries) will own any assets used in the NAM Business.
As of the date of this Agreement, all of the outstanding shares of capital stock of, or other ownership interests in, each of the NAM Business Subsidiaries are duly authorized, validly issued, fully paid and nonassessable (except as such nonassessability may be affected by Applicable Law), and, after giving effect to the Reorganization, are owned, directly or indirectly, by NAM free and clear of all Liens other than Permitted Liens.
NAM and each NAM Business Subsidiary and, solely to the extent related to the NAM Business, Xxxxxx and each of its other Subsidiaries, maintain policies and procedures designed to ensure compliance by the NAM Business with, and to prevent breaches by NAM and its Subsidiaries and, solely to the extent related to the NAM Business, Xxxxxx and each of its other Subsidiaries, such Anti-Corruption Laws.
The Subsidiaries set forth on Section 6.04(b) of the NAM Disclosure Letter, together with NAM, represent all of the Persons necessary to conduct the NAM Business as historically conducted and proposed to be conducted in the United States.
Since January 1, 2016, neither Xxxxxx (solely to the extent related to the NAM Business), NAM nor any of their respective Subsidiaries has been in violation of applicable Sanctions.
He is the President of Malaysia South-South Association, Malaysia-Japan Economic Association, Malaysian Prison FRIENDS Club and Non-Aligned Movement’s (NAM) Business Council, and Treasurer of Malaysia-Australia Foundation.
For NAM, Dr Mahathir quickly got down to business when he set the tone right when opening the NAM Business Forum.