Examples of Silvermex Subsidiaries in a sentence
All records, systems, controls, data or information (including any digital, electronic, mechanical, photographic or other technological process or device whether computerized or not) required to operate the Business are in the full possession and control of and are owned exclusively by Silvermex or the Silvermex Subsidiaries.
The books and records, accounting, financial and otherwise, of Silvermex and each of the Silvermex Subsidiaries fairly and correctly set out and disclose in all material respects, in accordance with GAAP, its financial position as at the date hereof and all material financial transactions have been accurately recorded in such books and records on a consistent basis and in conformity with GAAP.
Products are often sold for a specific purpose, but since the products are meant to wash there is not much difference between them when it comes to chemistry.
At the request of First Majestic, Silvermex will execute or cause to be executed such consents, authorizations and directions as may be necessary to enable First Majestic or its Representatives to obtain full access to all files and records relating to Silvermex, the Silvermex Subsidiaries or their respective assets maintained by any Governmental Entity.
Silvermex and each of the Silvermex Subsidiaries is duly qualified or licensed to do business and is in good standing as a foreign corporation or organization authorized to do business in all jurisdictions in which the character of the properties owned, leased or operated or the nature of the business conducted by it would make such qualification or licensing necessary.
No material dispute between Silvermex or any of the Silvermex Subsidiaries and any non-governmental organization, community, community group, ejido, aboriginal peoples, aboriginal group, sacred or religious group exists or, to the best of Silvermex’s knowledge, is threatened or imminent with respect to any of Silvermex’s or any of the Silvermex Subsidiaries’ properties or exploration activities.
Each of Silvermex and the Silvermex Subsidiaries have complied with all reporting and monitoring requirements under all Environmental Laws (except where non-compliance would not have a Material Adverse Effect in respect of Silvermex).
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.
During the Pre-Effective Date Period, Silvermex will and will cause each of the Silvermex Subsidiaries to, subject to the fact that the Arrangement and related transactions are contemplated hereby, continue to carry on the Business in the ordinary course of business, working to preserve the attendant goodwill of Silvermex and the Silvermex Subsidiaries and to contribute to retention of that goodwill to and after the Effective Date, but subject to the following provisions of this Article 4.
Silvermex and each of the Silvermex Subsidiaries has performed all of the material obligations required to be performed by it, and is entitled to all benefits under, and is not in default in respect of, any Material Agreement to which it is a party.