Examples of ETMC JV in a sentence
The property of the Borrowers and their Restricted Subsidiaries (excluding the ETMC JV) is subject to no Liens, other than Permitted Liens.
Neither the Borrowers nor any Restricted Subsidiary (excluding the ETMC JV) is in default under or with respect to any Contractual Obligation that could reasonably be expected to have a Material Adverse Effect.
Neither the Borrowers nor any Restricted Subsidiary (excluding the ETMC JV) has any obligation to any Person in respect of any finder’s, broker’s, investment banking or other similar fee in connection with the Transaction.
Neither the Borrower nor any Restricted Subsidiary (excluding the ETMC JV) is in default under or with respect to any Contractual Obligation that could reasonably be expected to have a Material Adverse Effect.
The Borrowers and their Restricted Subsidiaries (excluding the ETMC JV) own, possess or otherwise have the legal right to use, all of the trademarks, service-marks, trade names, copyrights and patents (collectively, “IP Rights”) that are used in or reasonably necessary for the operation of their respective businesses, except as the failure to own, possess or otherwise have the right to use such IP Rights would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
The property of the Borrower and its Restricted Subsidiaries (excluding the ETMC JV) is subject to no Liens, other than Permitted Liens.
On or before the third (3rd) Business Day following receipt by the Borrower or any Restricted Subsidiary (other than the ETMC JV) of the Net Cash Proceeds of any Debt Issuance, the Borrower shall make prepayments of the Term Loans in an aggregate amount equal to 100% of such Net Cash Proceeds (such prepayments to be applied as set forth in clause (vii) below).
The above are the areas of focus being considered for collaboration.
Neither the Borrower nor any Restricted Subsidiary (excluding the ETMC JV) has any obligation to any Person in respect of any finder’s, broker’s, investment banking or other similar fee in connection with the Amendment and Restatement Transactions.
As of the Issue Date, none of the Company’s Subsidiaries will be Unrestricted Subsidiaries but the ETMC JV, while not an Unrestricted Subsidiary, will also not be a Restricted Subsidiary for purposes of this Indenture and will instead only be subject to the limitations set forth under Section 4.19.