Examples of DBJV Assets in a sentence
The Parties acknowledge that WMGS’ conveyance at Closing of its interest in and to the DBJV Interest will cause a termination of DBJV Tax Partnership as illustrated by Internal Revenue Service Revenue Ruling 99-6, and that the DBJV Assets will no longer be considered to be a partnership for federal or state income tax purposes once such conveyance is complete.
Crime Prevention ModelContains the main elements that make up the Model adopted by Empresas CMPC and its local subsidiaries (Chile), consistently with the provisions of Law No. 20,393.Crime Prevention Procedure and other internal regulationsEstablishes specific control activities that must be carried out during the execution of the risk processes, in order to prevent the perpetration of crimes.
At the Closing, WMGS will have and convey good and valid title to the DBJV Interest (including the interest in the DBJV Assets thereunder), free and clear of any Encumbrances, other than any restrictions under federal and state securities Laws and the terms and condition of the DBJV COOA.
Except as specifically set forth in this Article 5, or in the agreements, instruments, documents and certificates to be delivered by the Xxxxxxxx Parties at Closing pursuant to this Agreement, the Xxxxxxxx Parties make no, and disclaim any, representation and warranty, express or implied, as to any matter whatsoever relating to the Xxxxxxxx Parties, the DBJV Interest, the DBJV Assets, the DBJV COOA or any other matter relating to the transactions contemplated by this Agreement.
The Seller expects that more than 90% of the gross income of the business that is to be conducted by DBJV, the Tax Partnership and the DBJV Assets in 2015 will be such qualifying income, provided that no significant change occurs after the Closing Date with respect to the methods by which the DBJV Assets generate revenue.
There was never any intention to use the devices - which were regarded purely as a deterrent.
There is no pending or, to the Knowledge of the Seller, threatened condemnation of any part of the DBJV Assets by any Governmental Entity which would have a material adverse effect on the ownership or operation of the DBJV Assets.
DBJV has good and valid title in fee to all real property and interests in real property constituting part of the DBJV Assets and purported to be owned in fee, and good and valid title to the leasehold estates in all other real property and interests in real property (including rights of way) constituting part of the DBJV Assets, in each case except as would not have a Material Adverse Effect.
There are no material structural defects relating to any of the DBJV Assets, and the DBJV Assets are in good repair, working order and operating condition, ordinary wear and tear excepted, and are adequate for the operation of such assets consistent with past business practices.
No action has been taken, or is contemplated, by the Seller or DBJV that is expected to result in a significant change in the methods by which the DBJV Assets generate revenue.