Examples of Combined Entities in a sentence
Wood shall promptly notify iPrint of any event or occurrence not in the ordinary course of business of the Combined Entities where such event or occurrence would result in a breach of any covenant of Wood set forth in this Agreement or cause any representation or warranty of Wood set forth in this Agreement to be untrue as of the date of, or giving effect to, such event or occurrence.
The Combined Entities and the Company are under common control of GN Holdings before and after the Group Reorganisation.
Therefore, the acquisition of the Combined Entities is accounted for as business combination under common control by applying the principles of merger accounting.
BORROWERS With respect to the U.S. Facility (as defined below), certain US entities that are the Combined Entities and/or affiliates of the Combined Entities to be mutually agreed upon by the Company and the Agent, which will include a newly-formed, wholly-owned subsidiary of Salton ("NEWCO") which will own all assets of Salton (other than assets that Agent consents to as immaterial, such consent not to be unreasonably withheld) (collectively, the "U.S. BORROWERS").
As a condition of its loans, the Combined Entities have agreed to maintain primary deposits with its lender during the term of its loans.
In order to properly allocate taxes among DI and each of the Combined Entities and the other Ringfenced Entities, DI and each of the Combined Entities have entered into a Tax Sharing Agreement (the “Tax Sharing Agreement”).
The Web Services Employer agrees to provide to the SSA and DHS the names, titles, addresses, and telephone numbers of the Web Services Employer representatives to be contacted about E-Verify.
In addition to other requirements, the Combined Entities are required to maintain a minimum “debt service coverage ratio” of 1.20x, a minimum “fixed charge coverage ratio” of 1.25x, a “leverage ratio” not to exceed 3.0x, and a net worth of approximately $7,000,000 plus 25 percent of future net income.
This contract shall be governed and interpreted in accordance with the laws of the State of Washington and the venue of any action brought to interpret or enforce any provision of this contract s hall be laid in the county in which the Real Property is situated.
On February 2, 2018, the Combined Entities entered a new credit facility providing $27,000,000 in available debt financing with a 3-year commitment.