Silvermex Disclosure Letter definition
Examples of Silvermex Disclosure Letter in a sentence
All audits, assessments, reports and studies with respect to environmental matters relating to Silvermex or any of the Silvermex Subsidiaries have been referenced in Schedule 3.1.34 of the Silvermex Disclosure Letter.
The names and positions of each executive officer of Silvermex and each other Person who receives, directly or indirectly, in excess of $50,000 in annual compensation from Silvermex or any Silvermex Subsidiary are set forth and described in Schedule 3.1.17 of the Silvermex Disclosure Letter.
Silvermex and each of the Silvermex Subsidiaries is a corporation duly incorporated under the laws of its respective jurisdiction of incorporation (as more particularly set forth in Schedule 3.1.1 of the Silvermex Disclosure Letter), is validly subsisting, has full corporate and legal power and authority to own, lease and operate the properties currently owned, leased and operated by it and to conduct its business as currently conducted and is in good standing.
No Silvermex Shares are held in treasury or authorized or reserved for issuance, other than upon the exercise of the Silvermex Warrants and the Silvermex Options that are set forth in Schedule 3.1.2 of the Silvermex Disclosure Letter.
Schedule 3.1.33 of the Silvermex Disclosure Letter lists all assets and property owned or leased by Silvermex or the Silvermex Subsidiaries with a value of $25,000 or more.
Schedule 3.1.24 of the Silvermex Disclosure Letter sets out certain changes or events that First Majestic acknowledges and agrees shall not constitute a Material Adverse Change or Material Adverse Effect with respect to Silvermex.
Except for the property set forth in Schedule 3.1.20 of the Silvermex Disclosure Letter (the “Silvermex Real Property”), neither Silvermex nor any Silvermex Subsidiary owns, has any interest in, or is a party to or bound by or subject to any agreement, contract or commitment, or any option to purchase, any real or immovable property.
Each of the representations and warranties of Silvermex set forth in this §3.1 is qualified and made subject to the disclosures made in the Silvermex Disclosure Letter.
Except as disclosed in the Silvermex Disclosure Letter, all of the outstanding shares of the Silvermex Material Subsidiaries are owned directly or indirectly by Silvermex.
The only material subsidiaries of Silvermex are the Silvermex Material Subsidiaries and Silvermex does not own a direct or indirect interest in any other corporation or entity other than as disclosed in the Silvermex Disclosure Letter.