Podcast
Questions and Answers
What does the Group Company assert in Section 1.08?
What does the Group Company assert in Section 1.08?
- The Group Company has infringed on the rights of others
- The Group Company has received notices of infringement
- There are third parties with rights to the Group Company's assets
- No third party has any rights to the Group Company's assets (correct)
What would have a materially adverse effect on the Group Company?
What would have a materially adverse effect on the Group Company?
- No decision on the rights of their assets
- An unfavorable decision on the rights of their assets (correct)
- A favorable decision on the rights of their assets
- A neutral decision on the rights of their assets
What does Section 1.09 state about the Group Company?
What does Section 1.09 state about the Group Company?
- The Group Company is facing multiple lawsuits
- The Group Company is threatening to sue other companies
- The Group Company is involved in domestic and foreign lawsuits
- There are no actions, suits, or proceedings pending or threatened against the Group Company (correct)
What is threatened against the Group Company according to the Shareholders' knowledge?
What is threatened against the Group Company according to the Shareholders' knowledge?
What would be the result of an unfavorable decision, ruling, or finding on the Group Company's assets?
What would be the result of an unfavorable decision, ruling, or finding on the Group Company's assets?
What is considered a failure in the operation of the Company's business?
What is considered a failure in the operation of the Company's business?
Which action by the Company would not be considered ordinary course of business?
Which action by the Company would not be considered ordinary course of business?
Which of the following is a Material Contract action that the Company should avoid?
Which of the following is a Material Contract action that the Company should avoid?
What is the limit on the loans made or agreed to be made by the Company?
What is the limit on the loans made or agreed to be made by the Company?
What is not considered a failure that would have a Material Adverse Effect on the Company?
What is not considered a failure that would have a Material Adverse Effect on the Company?
