Preference Offering Memorandum definition
Examples of Preference Offering Memorandum in a sentence
The aggregate of all pending legal or governmental proceedings to which the Company or any subsidiary thereof is a party or of which any of their respective property or assets is the subject which are not described in the Preference Offering Memorandum, including ordinary routine litigation incidental to the business, could not reasonably be expected to result in a Material Adverse Effect.
Neither of its date nor as of the Closing Time the Preference Offering Memorandum, including any amendment or supplement thereto, includes or will include an untrue statement of a material fact or omits or will omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.
To the knowledge of the Company, except as described in the Preference Offering Memorandum, there exists no reason or cause that could justify the variation, suspension, cancellation or termination of any such Governmental Licenses held by the Company or any of its subsidiaries with respect to the construction or operation of their respective businesses, which variation, suspension, cancellation or termination could reasonably be expected to have a Material Adverse Effect.
The accountants who certified the financial statements and supporting schedules included in the Preference Offering Memorandum are independent certified public accountants with respect to the Company and its subsidiaries within the meaning of Regulation S-X under the 1933 Act.
There are no contracts or documents of a character that would be required to be described in the Preference Offering Memorandum, if it were a prospectus filed as part of a registration statement on Form S-3 under the 1933 Act, that are not described as would be so required.
Except as otherwise disclosed in the Preference Offering Memorandum, the Company and each of its subsidiaries carry, or are covered by, insurance in such amounts and covering such risks as is adequate for the conduct of their respective businesses and the value of their respective properties and as is customary for companies engaged in similar businesses or similar industries in similar locations.
As of December 31, 1998, the Company had at least 675,000 basic cable subscribers and had sold approximately 125,000 Wizja TV packages to authorized retailers in Poland (as described in the Preference Offering Memorandum).
The transfer restrictions and the other provisions set forth in the Preference Offering Memorandum under the heading "Notice to Investors", including the legend required thereby, shall apply to the Preference Securities except as otherwise agreed by the Company and the Chase Purchasers.
The Company, as promptly as possible, will furnish to each Chase Purchaser, without charge, such number of copies of the Preference Offering Memorandum and any amendments and supplements thereto and documents incorporated by reference therein as the Chase Purchaser may reasonably request.
Subject to compliance by the Chase Purchasers with the representations and warranties set forth in Section 2 and the procedures set forth in Section 6 hereof, it is not necessary in connection with the offer, sale and delivery of the Preference Securities to the Chase Purchasers in the manner contemplated by this Agreement, the Preference Warrant Agreement and the Preference Offering Memorandum to register the Preference Securities under the 1933 Act.