Examples of Continuing Entity in a sentence
Decherd nor any Person holding voting securities of the Continuing Entity or Company Voting Securities, as applicable, over which Robert W.
Entity: Annual Audited Financial Statements of SFD are required to be sent to the World Bank as the SFD is a Continuing Entity.
The PMU was required to submit two kinds of Annual Audited Financial Statements (AFSs) audited by an external auditor: (a) one for PEC as Continuing Entity and (b) separate Project Financial Statement (PFS).
Upon satisfaction of the foregoing conditions, the Continuing Entity, if not the Company, shall succeed to, and be substituted for, and may exercise every right and power of the Company under the Indenture and the Company will be released from all obligations and covenants under the Indenture and the Notes; provided that, in the case of a lease of all or substantially all of the Company’s Property, the Company will not be released from any of the obligations or covenants under the Indenture and the Notes.
However, the FIPAG - Continuing Entity audit report was not received on June 30, 2010, the due date.