Parent Policies. The Company and Principal Shareholders acknowledge --------------- that Parent has implemented policies regarding the operation of subsidiary entities such as the Company will be following the Merger. The Company and Principal Shareholders acknowledge and agree that such policies, or any such amended or replacement policies that are reasonably similar in scope, nature or effect, are anticipated to be in place following the Merger, and the Company and Principal Shareholders hereby indicate their intention to act in substantial compliance with all such policies. Such policies shall not provide for Parent overhead allocations from Parent to Company or Sub, unless otherwise agreed in advance by the parties.
Parent Policies. Sellers acknowledge that Parent has implemented --------------- policies regarding the operation of subsidiary entities such as the Company will be following the Merger. Sellers acknowledge and agree that such policies, or any such amended or replacement policies that are reasonably similar in scope, nature or effect, are anticipated to be in place following the Merger, and Sellers hereby indicate their intention to act in substantial compliance with all such policies. Such policies shall not provide for Parent overhead allocations from Parent to Company or Sub, unless otherwise agreed in advance by the parties.
Parent Policies. During the Interim Period, the Parent will consult with the Company, and the Parent and the Company will adopt, effective as of the Closing, corporate and operational policies for the Parent, the Company and their respective Subsidiaries, including the Target Companies, appropriate for a company publicly traded in the United States with active business and operations in the industries and regions in which the Target Companies operate and contemplate operating as of the Closing.
Parent Policies. 34 ARTICLE VI - CONDITIONS TO THE MERGER...................................... 35 6.1 Conditions to Obligations of Each Party to Effect the Merger............................................................... 35 6.2 Additional Conditions to Obligations of Company...................... 35 6.3 Additional Conditions to the Obligations of Parent and Sub........... 36 ARTICLE VII - SURVIVAL OF REPRESENTATIONS AND WARRANTIES; ESCROW........... 37 7.1 Survival of Representations and Warranties........................... 37 7.2 Escrow Arrangements; Setoff.......................................... 37 7.3 Indemnity............................................................ 44 ARTICLE VIII - TERMINATION, AMENDMENT AND WAIVER........................... 45
Parent Policies. 19 Partnership.......................................................................................................1
Parent Policies. 35 ARTICLE VI - CONDITIONS TO THE MERGER................................... 35 6.1 Conditions to Obligations of Each Party to Effect the Merger........................................................ 35 6.2 Additional Conditions to Obligations of Company............... 35 6.3 Additional Conditions to the Obligations of Parent and Sub.... 36
Parent Policies. 46 Contract.......................................16
Parent Policies. Unless attached as an exhibit to any Transaction Document being delivered on the Closing Date, the Administrative Agent shall have received true, complete and correct copies of the then effective (i) Credit and Underwriting Policies and (ii) Customer Collection Policies.
Parent Policies. Parent has provided to the Company a true and --------------- correct copy of Parent's policies regarding the operation of subsidiary entities such as the Company will be following the Merger. The Company acknowledges and agrees that such policies, or any such amended or replacement policies that are reasonably similar in scope, nature or effect, are anticipated to be in place following the Merger, and the Company hereby indicates its intention to act in substantial compliance with all such policies. Such policies shall not provide for Parent overhead allocations from Parent to Company or Sub, unless otherwise agreed in advance by the parties.
Parent Policies. The Holder acknowledges and agrees that, so long as the Holder is an employee of Parent or its subsidiaries, its ownership of the Lock-Up Shares, and any other shares of Parent Common Stock or other securities of Parent, shall be subject to Parent’s Policy on Xxxxxxx Xxxxxxx and Confidentiality applicable on the same basis to similarly situated employees of Parent, which includes anti-hedging, anti-pledging and xxxxxxx xxxxxxx prohibitions, and any applicable restrictions on transfer, including under applicable securities laws, a correct copy of which has been shared with the Holder as of the date hereof.
