Mercantiles Sample Clauses

Mercantiles. In computing the amount of contingent or unliquidated liabilities at any time, such liabilities shall be computed at the amount that, in light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability. For the purposes of this definition “fair saleable value” means the aggregate amount of net consideration (giving effect to reasonable and customary costs of sale and taxes) that could be expected to be realized if the aggregate assets of the applicable entity are sold with reasonable promptness in an arm’s length transaction under present conditions for the sale of assets of comparable business enterprises.

Mercantiles. The amount of Contingent Liabilities at any time shall be computed as the amount that, in light of all the facts and circumstances existing at such time, can reasonably be expected to become an actual or matured liability.

Mercantiles. The Borrower is not subject to regulation under any Law as to Securities, rates or financial or organizational matters that would preclude any Loan or the execution, delivery and performance of the Project Documents.

Mercantiles. In computing the amount of such contingent liabilities at any time, it is intended that such liabilities will be computed in an amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.

Mercantiles. La Asamblea Ordinaria de Accionistas resolverá sobre cualquier reducción a la parte variable del capital social, incluyendo por amortización o reembolso, sin otras formalidades distintas de aquellas establecidas en los Estatutos Sociales y en el Capítulo Octavo de xx Xxx General de Sociedades Mercantiles. En cualquier caso, se pueden realizar reembolsos en contra del capital social u otras partidas reembolsables del capital contable de la Sociedad.

Mercantiles. For the purposes hereof, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (irrespective of whether such contingent liability meets the criteria for accrual under Statement of Financial Accounting Standards No. 5).

Mercantiles. Copies of the corporate and financial records of Company shall be treated as confidential information.

Mercantiles or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of 60 consecutive days; or an order for relief shall be entered against the Borrower, any Guarantor or any Material Subsidiaries under any bankruptcy, insolvency suspensión de pagos or other similar law as now or hereafter in effect; or

Mercantiles. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability. “XXXXX” means a rate equal to the Sterling Overnight Index Average as administered by the XXXXX Administrator. “XXXXX Administrator” means the Bank of England (or any successor administrator of the Sterling Overnight Index Average). “XXXXX Administrator’s Website” means the Bank of England’s website, currently at xxxx://xxx.xxxxxxxxxxxxx.xx.xx, or any successor source for the Sterling Overnight Index Average identified as such by the XXXXX Administrator from time to time. “Specified Florida Properties” means the Real Properties located in Orange and/or Osceola Counties, Florida owned by the Parent Borrower or any of its Subsidiaries as of the Effective Date and that are unimproved as of the Effective Date. “Specified Party” means the Administrative Agent, any Issuing Bank, the Swingline Lender or any other Lender. “Specified Pending Sales” means the House of Xxxxxx beauty business, and the sale of such other businesses as specified on Schedule 6.04, including Real Property associated with such businesses. “Sterling” or “£” means the lawful currency of the United Kingdom. “Subordinated Indebtedness” means the collective reference to any Indebtedness incurred by the Parent Borrower or any of its Subsidiaries that is contractually subordinated in right and time of payment to the Obligations on terms and conditions reasonably satisfactory to the Administrative Agent.