Examples of Sunterra Europe in a sentence
To the Knowledge of the Company, no written notice of cancellation or termination has been received by Sunterra Europe with respect to any of the European Policies.
Except as contemplated by this Agreement or set forth in Company Disclosure Schedule 5.04, since December 31, 2006, (a) Sunterra Europe has carried on and operated the European Business in all material respects in the Ordinary Course of Business and (b) there have not been any events, changes or occurrences that have had a European Material Adverse Effect.
To the Knowledge of the Company, neither Sunterra Europe nor any European Subsidiary nor any of their respective businesses or assets is subject to any Order that would be reasonably expected to have a European Material Adverse Effect.
Each of such affiliation agreements has been duly executed and delivered by Sunterra Europe or a European Subsidiary, as applicable.
Sunterra Europe has the right to elect or appoint at least a majority of directors to the boards of directors (or similar governing body), or to otherwise control the operation, of each European Subsidiary.
To the Knowledge of the Company, Sunterra Europe is not in material breach or default, and has taken no action or failed to take any action which, with notice or the lapse of time, would constitute such a breach or default, or permit termination or modification, of any of the European Policies.
Company Disclosure Schedule 5.06 sets forth a correct and complete list of all insurance policies (including information on the premiums payable in connection therewith and the scope and amount of the coverage provided thereunder) maintained by Sunterra Europe (the “European Policies”).
Prime bidders are still required to use the DBE Directory, however, to determine whether a DBE firm is certified to perform the work being bid.
Except as set forth in Company Disclosure Schedule 5.03, to the Knowledge of the Company, all material Taxes of Sunterra Europe attributable to periods preceding or ending with the date of the Schedule of European Assets/Liabilities have been paid or have been included in a liability accrual for the specific Taxes on the Schedule of European Assets/Liabilities.
The European Policies (i) have been issued by insurers which, to the Knowledge of the Company, are reputable and financially sound, (ii) provide coverage for the operations conducted Sunterra Europe of a scope and coverage consistent with customary practice in the industries in which Sunterra Europe operates and (iii) are in full force and effect.