Contribution Transaction definition
Examples of Contribution Transaction in a sentence
After giving effect to the consummation of the FTS Distribution and Contribution Transaction on the Closing Date, FTS shall not own any assets or property (other than the Stock of Holdings, net operating losses which have immaterial value and other property and assets with immaterial value).
The Borrower shall not, and shall not permit any of its Subsidiaries to, amend or otherwise modify, or waive any rights under, the Management and Services Agreement, the Cost Sharing Agreement or the Platform Contribution Transaction License Agreement to which such Person is a party in any manner adverse to the Lender.
For example, if the financial value of goods in transit and the large raw material inventory at the customer could finance a supply chain where all shipments were made by air, lead time could be reduced significantly, while responsiveness to changes could be increased.
Each of the Parties acknowledges that the consummation of the Contribution Transaction (the “Closing”) is taking place as of the execution of this Agreement, with legal effect as of 12:01 A.M. (Eastern time) on the Effective Date (the “Closing Date”).
The Representing Party has all requisite corporate or other entity power and authority to execute and deliver each Transaction Document to which it is a party, to perform its obligations thereunder and to consummate the Contribution Transaction.