Ownership of Genco Sample Clauses

Ownership of Genco. Mid-Atlantic Stock and LLC Interests. Sithe owns, indirectly, all of the issued and outstanding capital stock of Genco. Genco owns all of the issued and outstanding capital stock of Sithe Mid-Atlantic (the "Mid-Atlantic Stock"), free and clear of any Liens. Genco owns all of the limited liability company interests, as defined in Section 18-101 of the Delaware Limited Liability Company Act, of each of the Companies other than Sithe Mid-Atlantic, and all voting and other rights appurtenant to the ownership of such interests (such 62 70 interests and rights, collectively, the "LLC Interests"), free and clear of any Liens. Except for this Agreement and except for the limited liability company agreements of the Companies and their Subsidiaries (other than Sithe Mid-Atlantic and Sithe Northeast Management), there is no voting trust or agreement, stockholders agreement, pledge agreement, buy-sell agreement, right of first refusal, preemptive right, proxy or agreement or commitment to sell relating to the Mid-Atlantic Stock and the LLC Interests or the capital stock or other equity interests of any Subsidiary of any Company. On the Closing Date, upon the consummation of the transactions contemplated by this Agreement, Buyer will own the Mid-Atlantic Stock and the LLC Interests free and clear of any Liens, except for any Liens created by or at the behest of Buyer.
Sample 1
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Ownership of Genco. Genco is an indirect, wholly-owned subsidiary of NRG Energy, Inc.
Sample 1
Ownership of Genco. Mid-Atlantic Stock and LLC Interests. Sithe owns, indirectly, all of the issued and outstanding capital stock of Genco. Genco owns all of the issued and outstanding capital stock of Sithe Mid-Atlantic (the "Mid-Atlantic Stock"), free and clear of any Liens. Genco owns all of the limited liability company interests, as defined in Section 18-101 of the Delaware Limited Liability Company Act, of each of the Companies other than Sithe Mid-Atlantic, and all voting and other rights appurtenant to the ownership of such interests (such
Sample 1

Related to Ownership of Genco

  • Ownership of Rights 6. 1. Licensed Material remains the property of either Licensor or the relevant third party and any rights not explicitly granted herein are expressly reserved.

  • Ownership of Marks Each party acknowledges and agrees that (a) the other party's Marks are and shall remain the sole property of the other party, (b) nothing in the Agreement shall confer in a party any right of ownership or license rights in the other party's Marks, and (c) neither party shall register the other party's Marks in any jurisdiction. In addition, Licensee acknowledges and agrees that (i) the Marks of Third-Party Licensors are and shall remain the sole property of such Third- Party Licensors, (ii) nothing in the Agreement shall confer in Licensee any right of ownership or license rights in the Marks of Third-Party Licensors, and (iii) Licensee shall not register the Marks of Third-Party Licensors. Without limiting the generality of the foregoing, Licensee agrees not to use or adopt any trade name, trademark, logo or service mark which is so similar to Fannie Mae's Marks or the Marks of Third-Party Licensors as to be likely to cause deception or confusion, or which is graphically or phonetically similar to any of Fannie Mae's Marks or the Marks of Third-Party Licensors.

  • Ownership of the Company At all times while this Parent Guarantee Agreement is in effect and while any of the obligations of the Parent Guarantor hereunder remain outstanding, one hundred percent (100%) of the outstanding capital stock of the Company shall be owned by the Parent Guarantor.

  • Ownership of Interests The Interest Owners are the owners of all of the Interests, each owning the percentage set forth in Item 2(a) of Schedule 1, and have good and valid title thereto, with no restrictions on, or any agreements with respect to, voting rights or any other incidents of ownership thereof, except as set forth in the Company’s Organizational Documents. The Interests represent one hundred percent (100%) of the record and beneficial interests in the Company and all other right, title and interest in and to the equity of the Company. The Interest Owners have the absolute right to sell and transfer all of the Interests to Buyer free and clear of all Interest Liens. Each Interest Owner acquired its Interest in compliance with all applicable laws. On consummation of the Contemplated Transactions, in accordance with the terms hereof, Buyer will acquire good and marketable title to the Interests free and clear of all Interest Liens.

  • Ownership of Seller Credit Acceptance is the sole owner of the membership interests of the Seller, all of which are fully paid and nonassessable and owned of record, free and clear of all mortgages, assignments, pledges, security interests, warrants, options and rights to purchase.

  • OWNERSHIP OF THE ASSETS LNY will have exclusive and absolute ownership and control of its assets, including all assets in the Variable Account.

  • Ownership of Stock The Selling Shareholders own all of the issued and outstanding shares of capital stock of the Company, free and clear of all liens, claims, rights, charges, encumbrances, and security interests of whatsoever nature or type.

  • Ownership of Data All Data transmitted to the Operator pursuant to the Service Agreement is and will continue to be the property of and under the control of the LEA. The Operator further acknowledges and agrees that all copies of such Data transmitted to the Operator, including any modifications or additions or any portion thereof from any source, are subject to the provisions of this DPA in the same manner as the original Data. The Parties agree that as between them, all rights, including all intellectual property rights in and to Data contemplated per the Service Agreement shall remain the exclusive property of the LEA.

  • Ownership of Software The Parties acknowledge that any software provided by the Authority is and remains the property of the Authority.

  • Ownership of Cards Any card or other device which we supply to you is our property and must be returned to us, or to any person whom we authorize to act as our agent, or to any person who is authorized to honor the card, immediately according to instructions. The card may be repossessed at any time at our sole discretion without demand or notice. You cannot transfer your card or account to another person.

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