Excluded Companies definition
Examples of Excluded Companies in a sentence
The assets which are currently solely used in, and the operating liabilities which arose solely from, the operation of the home health businesses of the Excluded Companies, which collectively conduct home health operations in the States of Nebraska, Illinois and Kentucky at the locations set forth on Exhibit A hereto, shall have been transferred to the Operating Newcos.
Each of the Sellers and the Excluded Companies shall be joint and severally liable in favor of Buyer for all Obligations arising to each of them from this Agreement, as well as from any other document executed hereunder (including but not limited to the Related Documentation.
At or prior to Closing, Holding and Energy intend to make a direct or indirect distribution of the Excluded Companies to the Sellers containing certain properties which are either presently owned by the Excluded Companies or which will be contributed to the Excluded Companies immediately before the distribution of the Excluded Companies.
The Excluded Companies represent and warrant to the Buyer that except as fully disclosed to the Buyer through the Exhibits to this Article, each of the statements set out in the following sections of this Article is true and accurate.
The individuals who appear on behalf of the Excluded Companies shall have, as of the Closing Date, all the necessary powers and authority to execute and perform the Obligations arising under this Agreement.