Baddi Manufacturing Plant definition
Examples of Baddi Manufacturing Plant in a sentence
The original title deed with respect to Baddi Manufacturing Plant is not in the custody of Seller and has been deposited with IDBI as security for repayment/redemption of the debentures of Seller.
There are no restrictions under Contract or applicable Law that preclude or restrict the ability of Seller to use the Baddi Manufacturing Plant or any Leased Business Real Property for the purposes for which they are currently being used and currently planned to be used by Seller in connection with the Business.
Seller, as the “principal employer”, has obtained registration under the Contract Labor (Regulation and Abolition) Ac▇, ▇▇▇▇, in respect of the Baddi Manufacturing Plant and all other establishments where it engages contract labor, and is in compliance with the provisions of the said statute.
All buildings, structures, fixtures and other improvements included in the Baddi Manufacturing Plant or the Leased Business Real Property (collectively, the “Improvements”) are in compliance with all applicable Laws, including those pertaining to health and safety, zoning, building and the disabled.
Except as set forth on Section 5.10(e) of the Seller Disclosure Schedule, there are no Contracts outstanding for the sale, exchange, Encumbrance, lease or transfer of any of the Baddi Manufacturing Plant or the Leased Business Real Property, or any portion thereof.
Seller purchased the Baddi Manufacturing Plant by and under a sale deed which was properly executed, sufficiently stamped and duly registered as required by applicable Law.
There are no outstanding options, rights of first offer or rights of first refusal to purchase the Baddi Manufacturing Plant or any portion thereof or interest therein.
Section 5.10(h) of the Seller Disclosure Schedule sets forth a list that is accurate in all material respects of all Real Property Permits held by Seller with respect to each parcel of the Baddi Manufacturing Plant or the Leased Business Real Property.
Except as set forth on Section 5.10(g)(ii) of the Seller Disclosure Schedule, the Baddi Manufacturing Plant and the Leased Business Real Property constitute all of the Real Property necessary to conduct the manufacture of the products of the Business (other than those products of the Business which are manufactured in whole or in part by the Other Businesses or by third parties pursuant to Contracts) as conducted and as currently planned to be conducted by Seller.
Seller has not received any notice from any Governmental Authority or other Person having jurisdiction over the Baddi Manufacturing Plant or the Leased Business Real Property threatening a suspension, revocation, modification or cancellation of any material Real Property Permit and, to Seller’s Knowledge, no event has occurred or circumstance exists that could reasonably be expected to give rise to the issuance of any such notice or the taking of any such action.