JOINT VENTURES/PARTNERSHIPS Sample Clauses

JOINT VENTURES/PARTNERSHIPS. Should the Contractor elect to undertake Contract performance with a joint venture partner, the Contractor acknowledges that all other members of the joint venture would likely be deemed to be subcontractors and the Contractor may be liable for claims made against an uninsured joint venture partner. Contractor shall require all such joint venture partners, prior to commencement of an agreement between Contractor and the joint venture partner, to secure and keep in force during the term of the Contract, insurance policies meeting all of the insurance requirements of this Contract as specified in Appendix C: Heavy Duty Contract Documents, Number 5: Insurance Requirements.
AutoNDA by SimpleDocs
JOINT VENTURES/PARTNERSHIPS. Except for Company Owned Restaurants and Development Joint Ventures, the Borrower shall not become a general partner in any general or limited partnership or joint venture, or permit any of its Subsidiaries to do so, other than any Subsidiary that is a corporation and the sole assets of which consist of its interest in such partnership or joint venture.
JOINT VENTURES/PARTNERSHIPS. The Borrower agrees to provide to the Agent annually, simultaneously with providing the information required pursuant to Section 5.01(a), a then current list of all joint ventures and partnerships in which the Borrower or a Subsidiary is a partner or venturer (referred to herein collectively as the “Joint Ventures”) and the percentage ownership in each such Joint Venture owned by the Borrower or any Subsidiary. Schedule 4.21 accurately sets forth the complete name and jurisdiction of organization of each Joint Venture in which the Borrower or any Subsidiary owns an Investment on the Closing Date. Except for Company Owned Restaurants and Development Joint Ventures, neither the Borrower nor any Subsidiary is a general partner in any Joint Venture, other than a Subsidiary that is a corporation, the sole assets of which consist of its interest in such Joint Venture.
JOINT VENTURES/PARTNERSHIPS. The Stack Family are Affiliates of the Loan Parties as of the Closing Date. · The following sets forth all outstanding Stock of each Loan Party (other than Borrower and Xxxxxx’x) and the percentage of ownership and voting interests of the owners: Loan Party Total Ownership Units Outstanding Security Owner Percentage Interest Owned American Sports Licensing, Inc. 1000 Common Stock Dick’s Sporting Goods, Inc. 100 % DSG of Virginia, LLC all Membership Interests Dick’s Sporting Goods, Inc. 100 % Diamondbacks Acquisition Inc. 100 Common Stock Dick’s Sporting Goods, Inc. 100 % Xxxxxx’x of Virginia, Inc. 100 Common Stock Xxxxxx’x Trading Company, Inc. 100 % Xxxxxx’x Nevada, Inc. 100 Common Stock Xxxxxx’x Trading Company, Inc. 100 % · The following sets forth all Indebtedness of each Loan Party as of the Closing Date: DICK’S ENTITIES Jun DESCRIPTION 04 Subordinated Debt BALANCE 270,813.49 XX XXXXX (father) CURRENT 140,350.34 Mo payment 13,774.59 LONG TERM 130,463.15 Interest rate 0.12 Last payment due 5/1/2006 Term 20yr Captial Lease - XX Xxxxx (father) BALANCE 2,180,145.97 Mo payment 20,000.00 CURRENT 62,464.85 Nominal Interest rate 0.0825 LONG TERM 2,117,681.12 Effective Interest rate 0.0857 Last payment due 5/1/1921 Term 35yr Total Related Party Balance 2,450,959.46 Total Current Related Party 202,815.19 Total Long Term Related Party 2,248,144.27 Convertible Notes Initial Balance 172,500,000.00 BALANCE 172,500,000.00 Interest rate 2.375 % CURRENT Last payment due 2024 LONG TERM 172,500,000.00 Oracle Licenses BALANCE 486,294.38 Quarterly payment 72,275.00 CURRENT 272,797.95 Interest rate 1.23 % LONG TERM 213,496.43 Last payment due 1/1/2006 Term 3 yr New Bldg St Loan BALANCE 817647.29 Mo payment 6,097.68 CURRENT 41216.42 Interest rate 4.00 % LONG TERM 776,430.87 Last payment due 5/1/2019 Term 20yr Total Nonrelated Party Balance 173,803,941.67 Total Current Nonrelated Party Debt 314,014.37 Total Long Term Nonrelated Party Debt 173,489,927.30 Total Related, Nonrelated, & Recapitalization Debt 176,254,901.13 Total Current Related & Nonrelated Debt (203500-00056) 516,829.56 Total Long Term Debt (210100-00056) 175,738,071.57 Xxxxxx’x Entities · Amended and Restated Credit Agreement with XX Xxxxxx Chase Bank, as Administrative Agent, dated as of April 25, 2003, which shall be paid off with the proceeds of the Loan after the Closing Date. · Building Loan Agreement with KeyBank, National Association as Lender, dated as of May 25, 2001. Building Loan Agreement with KeyBa...
JOINT VENTURES/PARTNERSHIPS 

Related to JOINT VENTURES/PARTNERSHIPS

  • Subsidiaries, Partnerships and Joint Ventures Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to own or create directly or indirectly any Subsidiaries other than (i) any Subsidiary which has joined this Agreement as Guarantor on the Closing Date; and (ii) any Domestic Subsidiary formed or acquired after the Closing Date which joins this Agreement as a Borrower or as a Guarantor, and, to the extent not resulting in material adverse tax consequences, any Foreign Subsidiary formed or acquired after the Closing Date which joins this Agreement as a Borrower or as a Guarantor, in each case by delivering to the Administrative Agent (A) a signed Borrower Joinder or Guarantor Joinder, as appropriate; (B) documents in the forms described in Section 6.1 [First Loans] modified as appropriate; (C) documents necessary to grant and perfect the Prior Security Interests to the Administrative Agent for the benefit of the Lenders in the equity interests of, and Collateral held by, such Subsidiary; and (D) such diligence materials in respect of such Subsidiary (including, without limitation, “know your customer”, liens, ERISA and labor matters) as the Administrative Agent shall reasonably request. Each of the Loan Parties shall not become or agree to become a party to a Joint Venture other than Permitted Investments and other investments permitted pursuant to Section 7.2.4 [Loans and Investments]. For purposes of clarity, any Subsidiary organized under the laws of Canada or any political subdivision thereof that is formed or acquired by the Canadian Borrower after the Closing Date shall join this Agreement as a Guarantor of the Canadian Liabilities in accordance with the terms of this Section 7.2.9.

  • Partnerships and Joint Ventures No Loan Party shall become a general partner in any general or limited partnership or a joint venturer in any joint venture.

  • Joint Ventures The joint venture or partnership arrangements in which the Company or the Partnership is a co-venturer or general partner which are established to acquire or hold Assets.

  • Subsidiaries; Joint Ventures Schedule 4.12 contains a complete and accurate list of (a) all Subsidiaries of the Borrower, including, with respect to each Subsidiary, (i) its state of incorporation, (ii) all jurisdictions (if any) in which it is qualified as a foreign corporation, foreign limited liability company or foreign limited partnership, as applicable, (iii) the number of shares of its Capital Stock outstanding, (iv) the number and percentage of its shares of Capital Stock owned by the Borrower and/or by any other Subsidiary and (v) whether such Subsidiary is a Guarantor or an Unrestricted Subsidiary (and, if it is an Unrestricted Subsidiary, whether it is a Financial Services Subsidiary), and (b) each Joint Venture, including, with respect to each such Joint Venture, (i) its jurisdiction of organization, (ii) all other jurisdictions in which it is qualified as a foreign entity and (iii) the number and percentage of its shares of Capital Stock owned by the Borrower and/or by any other Subsidiary. All the outstanding shares of Capital Stock of each Subsidiary of the Borrower are validly issued, fully paid and nonassessable, except as otherwise provided by state wage claim laws of general applicability. All of the outstanding shares of Capital Stock of each Subsidiary owned by the Borrower or another Subsidiary as specified in Schedule 4.12 are owned free and clear of all Liens, security interests, equity or other beneficial interests, charges and encumbrances of any kind whatsoever, except for Permitted Liens. Neither the Borrower nor any other Loan Party owns of record or beneficially any shares of the Capital Stock or other equity interests of any Subsidiary that is not a Guarantor, except Unrestricted Subsidiaries.

  • Partnerships If Contractor is an association, partnership, or other joint business venture, the basic coverage may be provided by either (i) separate insurance policies issued for each individual entity, with each entity included as a named insured or as an additional insured; or (ii) joint insurance program with the association, partnership, or other joint business venture included as a named insured.

  • Subsidiaries and Partnerships Borrower has no subsidiaries and is not a party to any partnership agreement or joint venture agreement.

  • Partnership The Partnership shall be given days’ notice to purchase the ownership interest under the same terms agreed upon by the potential buyer.

  • Subsidiaries and Joint Ventures Create, acquire or otherwise suffer to exist, or permit any Subsidiary of such Borrower to create, acquire or otherwise suffer to exist, any Subsidiary or joint venture arrangement not in existence as of the date hereof, except in connection with a Permitted Acquisition.

  • Partnerships, Etc To enter into joint ventures, general or limited partnerships and any other combinations or associations;

  • Investments; Joint Ventures Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, make or own any Investment in any Person, including any Joint Venture, except:

Time is Money Join Law Insider Premium to draft better contracts faster.