Combined Operations. 3 ARTICLE II MERGER CONSIDERATION; MANNER OF CONVERTING SHARES..................................... 4 2.1. Merger Consideration.................................................................. 4 2.2. Dissenting Stockholders............................................................... 4 2.3. Rights as Stockholders; Stock Transfers............................................... 4 2.4.
Combined Operations. Following the Effective Time, ParentCo shall use its best efforts to publish as promptly as reasonably practicable financial statements or reports covering at least 30 days of the combined operations of GDSC and DCA. 3
Combined Operations. The Company shall publish financial results covering at least thirty days of combined operations of the Company and Assignor within one year from the Closing Date.
Combined Operations. Subject to the terms and conditions of this Lease, Juneau’s operations hereunder, together with its operations on such adjoining or nearby properties may be conducted as a single mining operation, to the same extent as if the Land and all such other properties constituted a single track of land.
Combined Operations. When machines in two (2) classifications are combined, the higher rate will apply to the new operation. The Company will schedule one (1) ten minute rest period for all employees during the first half of their shift, and one (1) ten (10) minute rest period during the second half of their shift. Where employees are working a ten (10) hour shift or more, they will be allowed an additional ten (10) minute break period with pay.
Combined Operations. When machines in two (2) classifications are combined, the higher rate will apply to the new operation. The Company will schedule one (1) ten minute rest period for all employees during the first half of their shift, and one (1) ten (10) minute rest period during the second half of their shift. Where employees are working a ten hour shift of more, they will be allowed an addition ten minute break period with pay. A five (5) minute washup period will be provided prior to the lunch break, with an additional five (5) minute washup period prior to the shift quitting time. The Production Time Standards provided for in Schedule will not be adjusted to provide allowances reflecting the washup periods provided for in this paragraph. Leaders shall be chosen based upon their qualification and ability to best perform the functions assigned and to lead others in the group. A group leader does not have disciplinary authority and shall not make any written or oral reports to the Company concerning disci- xxxxx. The Company may establish or discontinue working group leader positions as conditions warrant.
Combined Operations. Parent agrees to use its reasonable best efforts to make publicly available, promptly following the Closing, consolidated financial results (including combined sales and net income) covering at least 30 days of post-merger combined operations of Parent and the Company, pursuant to the requirements of APB 16.
Combined Operations. 25 6.22. Employment Agreements.......................................................... 25 ARTICLE VII CONDITIONS 7.1. Conditions to the Obligations of Parent and Merger Sub......................... 26 (a) Certificate.............................................................. 26 (b) Company Stockholder Approval............................................. 26 (c) Injunction............................................................... 26 (d) S-4 Registration Statement; "Blue Sky" Permits........................... 26 (e) Listing of Parent Common Shares.......................................... 26 (f) Governmental Filings and Consents; HSR Act............................... 26 (g) Pooling Letter........................................................... 26 (h) Third Party Consents..................................................... 26 (i) Delivery of Comfort Letter............................................... 27 (j)
Combined Operations. Parent agrees to make publicly available financial statements reflecting at least 30 days of combined operations of Parent and the Company on or prior to March 5, 1996.
Combined Operations. Year Ended December 31, ---------------------------------------------- 1997 1996 1995 ------------------------------------------------------------------------------------------------ Net sales $ 644.1 $ 660.5 $ 685.9 Costs and expenses (637.8) (631.5) (618.7) Provision for income taxes (8.2) (8.7) (18.7) -------------- -------------- -------------- Net income (loss) $ (1.9) $ 20.3 $ 48.5 ============== ============== ============== Company's equity in income (loss) $ 2.9 $ 8.8 $ 19.2 ============== ============== ============== Dividends received $ 10.7 $ 11.8 $ - ============== ============== ============== The Company's equity in income (loss) differs from the summary net income (loss) due to various percentage ownerships in the entities and equity method accounting adjustments. At December 31, 1997, KACC's investment in its unconsolidated affiliates exceeded its equity in their net assets by approximately $28.8 which amount will be fully amortized over the next three years. The Company and its affiliates have interrelated operations. KACC provides some of its affiliates with services such as financing, management, and engineering. Significant activities with affiliates include the acquisition and processing of bauxite, alumina, and primary aluminum. Purchases from these affiliates were $245.2, $281.6, and $284.4 in the years ended December 31, 1997, 1996, and 1995, respectively.
