Subsidies and Grants. Any subsidy or monetary grant the Joint Operator receives from a government agency for participating in a government-sponsored program for persons employed by the Joint Operator will be deducted from the annual and monthly budget. The State will not make double payments to the Joint Operator.
Subsidies and Grants. The Group Companies have complied with all terms and conditions of all subsidies, grants or other similar benefits received by them. The Group Companies have not received any governmental subsidies or other form of public financial support, grants, guarantees or benefits which can be reclaimed or be subject to claw-back due to the change of ownership in the Group Companies resulting from the transactions contemplated hereunder.
Subsidies and Grants. No subsidies, grants, or other similar benefits received by, granted to, or applied for by the Company can be reclaimed, cancelled, or denied as a direct result of the execution of this Agreement or the consummation of the transactions contemplated hereby or, to Sellers’ Knowledge, on the basis of any facts, events, or other matters related to the period prior to the Closing Date.
Subsidies and Grants. 13.1 All applications for government subsidies which have been made are reflected in the Accounts, have been duly and correctly made by the Group and no refunds and no interest, penalties or additions regarding such refunds are or will be due in respect of such subsidies.
Subsidies and Grants. Schedule 4.1.24 sets forth all subsidies, investment incentives, grants and similar arrangements from a Governmental Entity that by their terms, presently or assuming the Purchaser Parties and ATPG continue to conduct the Textile Business in the same manner as Equity Seller and ATPG prior to the Closing, may in the future impose material Liabilities on ATPG or any of the Purchaser Parties. To Equity Seller's Knowledge, nothing has been done, agreed to be done, or omitted to be done as a result of which either (i) any investment or other grant paid for use in ATPG's business is liable to be refunded in whole or in part or (ii) any such grant for which application has been made, will or may not be paid or may be reduced.
Subsidies and Grants. Schedule 4.2.23 sets forth all subsidies, investment incentives, grants and similar arrangements from a Governmental Entity that by their terms, presently or assuming the Purchaser Parties continue to conduct the U.S. Business in the same manner as Asset Seller prior to the Closing, may in the future impose material Liabilities on any of the Purchaser Parties. To Asset Seller's Knowledge, nothing has been done, agreed to be done, or omitted to be done as a result of which either (i) any investment or other grant paid for use in the U.S Business is liable to be refunded in whole or in part or (ii) any such grant for which application has been made, will or may not be paid or may be reduced.
Subsidies and Grants. Schedule 4.33 sets forth all subsidies, investment incentives, grants and similar arrangements from a Governmental Entity that by their terms impose material obligations on any Subject Company.
Subsidies and Grants. The Companies have been granted with the grants and subsidies listed in Schedule 4.36 hereto.
Subsidies and Grants. The Company and its Subsidiaries comply and have at all times complied with the terms and conditions of any governmental subsidies, grants and other similar benefits received by them. Neither the entering into this Agreement nor the consummation of the transactions contemplated hereunder is in violation of any terms and conditions of such subsidies, financial support, grants, guarantees or benefits received or to be received by the Company or its Subsidiaries and, to the Company’s Knowledge no such subsidies, financial support, grants, guarantees or benefits can be reclaimed, cancelled or denied on the basis of any facts, events, or other matters related to the period prior to the Closing Date or the consummation of the transactions contemplated hereunder.
Subsidies and Grants. The Company is nor will be liable by reason of any event which has occurred prior to the Closing Date to repay any tax investment credits, premiums or subsidies granted to it or enjoyed by it unless if as a direct consequence of the Transaction. No asset for which any investment premium, credit, grant or subsidy has been claimed has been disposed of by the Company.
