Spheris India definition
Examples of Spheris India in a sentence
All of the capital stock and ownership interests in Spheris India, being 14,482,471 fully paid up equity shares of Indian rupees 10 (ten) each (the “Spheris India Capital Stock”) is owned directly by Spheris Operations LLC and Spheris Canada Inc.
Notwithstanding the foregoing, no Purchaser will be obligated to commit to the divestiture of any assets or business of any Purchaser (or any Affiliate of a Purchaser) or any Purchased Assets or the Spheris India Capital Stock or to any limitations on the conduct of its business.
Spheris India has made all statutory filings since January 1, 2008 with the Registrar of Companies as required under applicable Law.
Spheris India has the corporate power and authority to own, hold and operate its assets and to carry on its business as currently conducted.
All statutory books of Spheris India (i) are up-to-date, (ii) are maintained at its registered office in accordance with applicable Laws on a consistent basis and (iii) contain accurate records of all matters required to be dealt with in such books and records.
A Spheris Entity has (x) a valid leasehold interest in the Leased Real Property, (y) valid title to, or a valid leasehold interest in, the material tangible personal property constituting Purchased Assets in each case free and clear of Encumbrances other than Permitted Encumbrances and (z) title to the Spheris India Capital Stock, free and clear of Encumbrances other than Permitted Encumbrances.
There is no material Contract with a third party with both Spheris India and a Seller as parties thereto.
Copies of the Memorandum of Association and Articles of Association of Spheris India as made available to the Purchasers and filed with the Registrar of Companies are true and complete copies, and Spheris India has at all times acted in material compliance therewith.
Spheris India is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization.
This HIPAA Vendor Addendum (“Addendum”) is made part of that certain Services Agreement, dated January 1, 2008 (“Agreement”) by and between Spheris Operations LLC, a Tennessee limited liability company (“SPHERIS”), and Spheris, India Private Limited, a company registered under the Indian Companies Act, 1956 (“Vendor”).