No Group Company has received notice (whether formal or informal) from a lender of money, requiring repayment or intimating the enforcement of a security; and so far as the Vendor is aware there is nothing likely to give rise to a notice.
No Group Company has:
(a) given an undertaking to, or is subject to, any order of or investigation by, or has received any request for information from;
(b) received, nor so far as the Warrantors are aware, is it likely to receive any process, notice or communication, formal or informal by or on behalf of;
(c) been or is a party to, or is or has been concerned in, any agreement or arrangement in respect of which an application for negative clearance and/or exemption has been made to the Office of Fair Trading, the Monopolies and Mergers Commission, the Secretary of State, the European Commission or any other governmental or other authority, department, board, body or agency of any country having jurisdiction in anti-trust or similar matters in relation to its business.
No Group Company has:
(a) any actual, pending or threatened claims against it by any current or former employee;
(b) any employees who are on long term sick leave or in receipt of PHI payments; or
(c) any employee under warning under the terms of the relevant Group Company's disciplining procedure.
Examples of No Group Company in a sentence
No Group Company is obligated to make any investment in or capital contribution in or on behalf of any other Person.
No Group Company has agreed to indemnify any Person for any infringement, violation or misappropriation of any Intellectual Property by such Person.
No Group Company has received any notice alleging that any such violation has occurred.
No Group Company owns or Controls, or has ever owned or Controlled, directly or indirectly, any Equity Security, interest or share in any other Person or is or was a participant in any joint venture, partnership or similar arrangement.
No Group Company uses any real property in the conduct of its business except insofar as it has secured a Lease with respect thereto.
More Definitions of No Group Company
No Group Company has since the Accounts Date made or agreed to make any distributions within the meaning of section 209 ICTA 1988 (meaning of "distribution").
No Group Company. (i) has given any written undertaking, commitment or assurance to any Governmental Entity; (ii) is subject to any order, regulation or decision made by any Governmental Entity against such Group Company or (iii) has received a written communication or request for information in relation to any aspect of their business from any Governmental Entity, in the case of clauses (i) through (iii) above, under anti-trust or similar legislation applicable to such Group Company in any jurisdiction.
No Group Company has any continuing liability in respect of any leasehold property other than the Property.
No Group Company has given any person any power of attorney or any other authority (express, implied or ostensible) which remains effective to enter into any commitment on its behalf (other than to Employees to enter into routine trading contracts in the usual course of their duties).
No Group Company has any liability as a former officer, director or member of any person nor are there any circumstances in which such liability could arise.
No Group Company has given any guarantee or warranty or made any representation in respect of any goods or services manufactured, sold, supplied or provided (or contracted to be manufactured, sold, supplied or provided) by it save for any warranty or representation implied by law.
No Group Company has granted any licences in respect of Owned Intellectual Property or granted entered into any confidentiality agreement.