Dissolution of Certain Subsidiaries. Borrower shall cause Pinnacle Rehab of Gwinnette and Pinnacle's Kansas Joint Venture to be dissolved on or before December 31, 1996. Borrower shall not, directly or indirectly, make any capital contributions or other investments in, loans to, guarantees or other obligations on behalf of, or other payments, distributions or contributions to or for the benefit of, Pinnacle Rehab of Gwinnette or Pinnacle's Kansas Joint Venture on or after the Closing Date, except for payment of immaterial expenses on behalf of such entities relating to their dissolution.
Dissolution of Certain Subsidiaries. Prior to the Effective Time, the Company shall cause (i) the winding up and dissolution of the following Subsidiaries and (ii) each such Subsidiary to surrender its right to do business in all jurisdictions in which such Subsidiary is registered to do business (such windings up, dissolutions and surrenders to be effective no later than the Effective Time): (i) Coronado Instruments, Inc.; and (ii) Xxxxxxx Outdoor Corporation.
Dissolution of Certain Subsidiaries. (a) On or before January 31, 2007 (or such later date that is acceptable to Agent), Noble Logistic Services, Inc. (MI) (“NLS-MI”), Noble Construction Equipment, Inc. (“Noble Construction”) and Central Transportation and Delivery, Inc. (“Central Transportation”) shall be dissolved and any assets owned by such entity at the time of dissolution shall be distributed in compliance with Section 8.5(e) hereof, provided that, with respect to any such entity which is not so dissolved by such date, Borrower shall cause such entity to (i) execute and deliver to Agent, (a) at Agent’s option, a Guaranty or a joinder agreement to the Guaranty whereby such entity becomes obligated as a Guarantor under the Guaranty; and (b) at Agent’s option, a Security Agreement or a joinder agreement to the Security Agreement whereby such entity grants a Lien over its assets as set forth in the Security Agreement, in each case in form reasonably satisfactory to Agent, in its reasonable discretion, (ii) take such additional actions as may be necessary to ensure a valid first priority Lien over its assets, subject only to the other Liens permitted pursuant to Section 8.2 of this Agreement, and (iii) deliver such supporting documentation, including without limitation corporate authority items, certificates and opinions of counsel, as reasonably required by the Agent; provided further, that until such time as such entity has delivered the agreements and other items described in clauses (i), (ii) and (iii) herein, it shall not (i) maintain or conduct, either directly or indirectly, any business operations, (ii) own any Subsidiary or any real or material personal property or be the payee on any material debt obligations or accounts, or (iii) have any material liabilities or obligations to any third party creditors.
Dissolution of Certain Subsidiaries. Not later than February 9, 2005, commence, or cause to be commenced, dissolution proceedings with respect to each of the following entities: (i) IMCO Indiana Partnership L.P., an Indiana limited partnership, (ii) Pittsburg Aluminum, Inc., a Kansas corporation, and (iii) IMCO Operations Services Company, a Delaware corporation and such entities shall be dissolved in accordance with such proceedings.
Dissolution of Certain Subsidiaries. Within sixty (60) days following the First Amendment Date, Borrower shall cause each of Tech Industries U.K. Ltd., 00 Xxxxxxxxx Xxxxxx Limited Partnership and Fairmount Realty Associates to be dissolved and liquidated.
Dissolution of Certain Subsidiaries. Within thirty (30) days following the date hereof (or such later date as Purchaser may, in its sole discretion, agree in writing), Parent shall dissolve or cause to be dissolved each of the following Subsidiaries: (a) Supreme Fluid Service Partners LLC, (b) Xxxxxx Services, Inc. and (c) Superior Chemical Corporation.
Dissolution of Certain Subsidiaries. 55 - 7.2. NEGATIVE COVENANTS . . . . . . . . . . . . . . . . . . . . . . . . - 55 - 7.2.1.
Dissolution of Certain Subsidiaries. Promptly after the Closing Date the Borrower will cause each of Gits Bros. Mfg. Co. and Force 10 USA Co. to be dissolved. SECTION 7.2.
Dissolution of Certain Subsidiaries. The Company shall cause the dissolution of Allied Esports Atlanta, LLC and Black Ridge Allied, LLC to be effective within seven (7) calendar days of the date hereof. The Company shall cause the dissolution of WPT Studios Worldwide Limited and WPT Distribution Worldwide Limited to be effective on or prior to August 31, 2020. MISCELLANEOUS
Dissolution of Certain Subsidiaries. 62 (o) Westbury Associates, Ltd...............................................................................62 (p) Further Assurances.....................................................................................62 (q) Convalescent Facilities................................................................................62 (r) Regency Facilities.....................................................................................64
