Examples of Acquisition Subsidiaries in a sentence
Basis of presentation These interim consolidated financial statements are prepared in accordance with Canadian generally accepted accounting principles (“Canadian GAAP”) and include the accounts of the Company and the following wholly owned subsidiaries: Incorporating Date of Acquisition Subsidiaries Jurisdiction or Incorporation inTRAVELnet.com inc.
Receipt by Administrative Agent of copies of insurance policies or certificates of insurance of the New Acquisition Subsidiaries evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming Administrative Agent as additional insured (in the case of liability insurance) or loss payee (in the case of hazard insurance) on behalf of the Lenders.
Each of the Company and the Acquisition Subsidiaries has all requisite power, authority and legal right to enter into this Agreement and to perform its obligations hereunder.
The execution and delivery of this Agreement by the Company and the Acquisition Subsidiaries and the consummation by the Company and the Acquisition Subsidiaries of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of the Company and the Acquisition Subsidiaries, respectively, and this Agreement is a legal, valid and binding obligation of the Company and the Acquisition Subsidiaries, enforceable against them in accordance with its terms.
On or before the Closing, CoreComm may designate one or more Acquisition Subsidiaries in writing to receive all or part of the Assets.