Examples of Barneys Group in a sentence
Barneys shall, and shall cause each other member of the Barneys Group to, (a) comply with all Requirements of Law and all restrictive covenants affecting such Person or the business, Property, assets or operations of such Person, and (b) obtain as needed all Permits necessary for such Person's operations and maintain such Permits in good standing, except, in each case, where the failure to do so would not have or be reasonably likely to have a Material Adverse Effect.
No member of the Barneys Group shall change its Fiscal Year for accounting or tax purposes from a period consisting of the 52- or 53-week period ending on the Saturday in January of each calendar year closest to January 31.
Any order, judgment or decree shall be entered against Holdings or any Borrower, decreeing its involuntary dissolution or split up and such order shall remain undischarged and unstayed for a period in excess of sixty (60) days; or any member of the Barneys Group shall otherwise dissolve or cease to exist except as specifically permitted hereby.
The outstanding Capital Stock of each member of the Barneys Group is duly authorized, validly issued, fully paid and nonassessable and is not Margin Stock.
Each member of the Barneys Group is in compliance with all Requirements of Law applicable to it and its business, in each case where the failure to so comply individually or in the aggregate shall have or is reasonably likely to have a Material Adverse Effect.
No member of the Barneys Group shall use all or any portion of the proceeds of any credit extended hereunder to purchase or carry Margin Stock.
Promptly upon receipt of a request therefor from the Administrative Agent, the Borrowers shall prepare and deliver to the Administrative Agent and the Lenders such other information with respect to Holdings, any member of the Barneys Group or the Collateral including, without limitation, schedules identifying and describing the Collateral and any dispositions thereof, as from time to time may be reasonably requested by the Administrative Agent.
Each item of Intellectual Property owned or used by the Barneys Group will be owned or available for use by the Barneys Group on terms and conditions substantially identical as those that presently exist immediately subsequent to the Closing hereunder.
The Borrowers shall maintain, and shall cause each member of the Barneys Group to maintain, a system of accounting established and administered in accordance with sound business practices to permit preparation of consolidated and consolidating financial statements in conformity with GAAP, and each of the financial statements described below shall be prepared from such system and records.
Each member of the Barneys Group has good and marketable title to all of its assets and Property (tangible and intangible) owned by it or a valid leasehold interest in all of its leased assets (except insofar as marketability may be limited by any laws or regulations of any Governmental Authority affecting such assets), and all such assets and Property are free and clear of all Liens, except Liens securing the Obligations and Liens permitted under Section 9.03.