Examples of BGC Entities in a sentence
At the Closing, the applicable members of the BGC Partners Group and the applicable members of the Newmark Group shall execute and deliver one or more agreements of assignment and assumption and/or bills of sale or such other instruments of transfer as the BGC Entities may request for the purpose of effectuating the Separation (including the Partnership Divisions and the Newmark Inc.
Each of the BGC Entities (on behalf of themselves and the other members of the BGC Partners Group) hereby waives compliance by each and every member of the Newmark Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Excluded Assets to any member of the BGC Partners Group.
The BGC Entities shall be responsible for any such Federal Income Taxes for a Pre-2017 Period; provided, that the Newmark Entities shall be responsible for any such Federal Income Taxes that are Newmark Adjustment Taxes.
The BGC Entities shall be liable for, and shall indemnify and hold harmless the Newmark Group from and against any liability for, Taxes which are allocated to the BGC Entities under this Section 2.
The BGC Entities shall be responsible for any such State Income Taxes for a Pre-2017 Period; provided, that the Newmark Entities shall be responsible for any such State Income Taxes that are Newmark Adjustment Taxes.
For the avoidance of doubt, the BGC Entities shall not be required to pay any amounts to Newmark or any member of the Newmark Group except as required under Section 6.
The BGC Entities shall be responsible for any such Foreign Income Taxes for a Pre-2017 Period; provided, that the Newmark Entities shall be responsible for any such Foreign Income Taxes that are Newmark Adjustment Taxes.
The amounts for which the BGC Entities are liable pursuant to Section 2.05(b)(i) and (ii) shall include all accounting, legal and other professional fees, and court costs incurred in connection with the relevant Taxes.
This Agreement may be amended, modified or supplemented only by a written agreement signed by all of the Parties; provided that, following the Distribution, (a) Section 6.10, Section 6.11, Section 6.13, Section 6.14 and Section 6.15 may be amended, modified or supplemented by a written instrument signed by each of the Newmark Entities and Cantor and (b) Section 6.12 may be amended, modified or supplemented by a written instrument signed by each of the BGC Entities and Cantor.