DORMANT COMPANIES definition

DORMANT COMPANIES means any Group Company which has not traded or has ceased trading (all such companies as at the date of execution of this Agreement being listed in Part 2 of Schedule 16);
DORMANT COMPANIES means Almatel SARL, Alma Sud SARL and Cabinet Brossard SARL;
DORMANT COMPANIES means Almatel SARL, Xxxx Sud SARL and Cabinet Brossard SARL;

Examples of DORMANT COMPANIES in a sentence

  • DORMANT COMPANIES.............................................................

  • DORMANT COMPANIES...................................................


More Definitions of DORMANT COMPANIES

DORMANT COMPANIES procure that none of the companies set out in Part ll of Schedule 3 cease being a Dormant Subsidiary, other than as a result of a liquidation of any such company which would not be a Default, and do not acquire any assets and do not assume any liabilities or if any such company ceases to be a Dormant Subsidiary, procure that such company delivers a duly executed Guarantee and Debenture to the Bank within 10 Business Days of ceasing to be a Dormant Subsidiary: and
DORMANT COMPANIES means, collectively, entities which have been established but which have no separate general ledger or which have less than $10,000 in annual revenues. The following entities meet this definition as of the Effective Date: Money Jack, LLC, Optima Online, LLC, Hampton Networks LLC, Catalina Media Planning, LLC, Xentrist Services, LLC and Movius Internet Marketings, LLC.
DORMANT COMPANIES has the meaning set forth in the Recitals.
DORMANT COMPANIES it will procure that:
DORMANT COMPANIES means Digital Cyber Technologies Limited, Forefront International
DORMANT COMPANIES means Diss Building & Maintenance Services Limited, Stork Nursery Supplies Limited, Babylove Limited, Baby Junction Limited, Bounty Group Limited, Bounty Vision Limited, Diss Fulfilment Services (Ireland) Limited, Globalvision Limited and Revelfax Limited, the Waveney Glass Company Limited, Bounty Holdings Inc., Bounty Publications Inc., Stork Nursery Supplies Inc. and Bounty Giftpax Inc.;
DORMANT COMPANIES means Phatfish Limited, Warthog Property Limited, Warthog Entertainment Limited and Roadhog Games Limited;