USMG definition

USMG has the meaning set forth in the preamble above.
View Source

Examples of USMG in a sentence

  • To ensure compliance with the terms of this Agreement, the share certificates representing the Restricted Stock shall be deposited with ▇▇▇▇▇ & ▇▇▇▇▇, counsel to USMG, as escrow agent (or a substitute escrow agent selected by USMG), until the one-year anniversary date of the Merger.

  • During the term of the Consulting Agreement between the USMG and TransGlobal Financial Corporation described in Section 7(a)(xi) of this Agreement, the Company and USMG will at all time comply with and perform in all respects the covenants, obligations, agreements and commitments that USMG is required to perform or comply with under the Consulting Agreement.

  • The Company has no liability or obligation to pay any fees or commissions to any broker, finder, or agent with respect to the transactions contemplated by this Agreement for which USMG could become liable or obligated.

  • After the Effective Time, no USMG Subsidiary Share shall be deemed to be outstanding or to have any rights other than those set forth above in this Section 2(d)(vii).

  • USMG has full corporate power and authority to carry on the businesses in which it is engaged and to own and use the properties owned and used by it.

  • Effective as of the Closing, but prior to the issuance of the Merger Consideration, there will be 2,500,000 USMG Common Shares and no USMG Preferred Shares issued and outstanding.

  • The indemnity by the Company under this Section 9(b)shall be payable hereunder, at the option of the indemnifying party, in cash or in USMG Common Shares in an amount determined in accordance with paragraph 9(b)(iii) below.

  • A certificate of the corporate secretary of USMG and of the USMG Subsidiary attaching with respect to each the Certificate of Incorporation, bylaws, board of director and shareholder resolutions authorizing the transactions contemplated hereby, and a statement as to the incumbency of the persons executing this agreement or any document, certificate or instrument contemplated thereby.

  • If USMG Common Shares are to be delivered as indemnity under this Section 9(b), the number of USMG Common Shares to be delivered shall be determined by dividing the amount of the Adverse Consequences by $0.50.

  • TMS SPECIFICALLY DISCLAIMS ALL WARRANTIES, WHETHER WRITTEN OR ORAL, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OR ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE.