Effect of Transactions. The execution and delivery of this Agreement by the Company and the consummation of the transactions contemplated hereby will not involve any prohibited transactions with respect to the Company or any of its Subsidiaries within the meaning of ERISA.
Appears in 5 contracts
Sources: Stock and Asset Contribution Agreement (White Cloud Exploration Inc), LLC Interest and Asset Contribution Agreement (White Cloud Exploration Inc), Private Placement Agreement (Universal Medical Systems Inc)
Effect of Transactions. The execution and delivery of this Agreement by the Company and the consummation of the transactions contemplated hereby will not involve any prohibited transactions with respect to the Company or any of its Subsidiaries transaction within the meaning of Section 406 of ERISA.
Appears in 1 contract
Effect of Transactions. The execution and delivery of this Agreement by the Company and the consummation of the transactions contemplated hereby will not involve any prohibited transactions with respect to the Company or any of its Subsidiaries transaction within the meaning of ERISA.
Appears in 1 contract
Sources: Stock Subscription and Exchange Agreement (Miami Cruiseline Services Holdings I B V)