Examples of Continuing Entity in a sentence
The Ramifications for the Continuing Entity if the Plan is Confirmed To Debtor.
On the Merger Effective Date, the Continuing Entity shall thereupon and thereafter be responsible and liable for all the liabilities, obligations and penalties of each of the corporations so merged.
The Continuing Entity shall continue to remain obligated for, or Transferee shall cause the Continuing Entity immediately following the Closing to fully prepay, the Loan Obligations on the Closing Date, in each case subject to the other terms and conditions of the other “Transaction Documents” (as hereinafter defined).
This would delay the post-approval site visit from the timing currently set in rule, which requires a site visit within the EPP’s first year of operation, to give the EPP time to fully establish its operation and procedures.§228.13Proposed new §228.13, Continuing Entity Approval, includes language that currently appears in§228.10(b), Approval Process.
Each of PMB and NHP shall cause PMBRES and the OP shall cause the Continuing Entity to execute and deliver two (2) fully executed originals or counterpart originals of an asset and property management agreement with respect to the Property in substantially the same form (and upon the same terms, including the stated term thereof) as the form attached to the Master Contribution Agreement as Exhibit “R” (the “Property Management Agreement”).