Examples of Formation and Structuring Transactions in a sentence
The parties shall cooperate reasonably with each other in connection with any steps required to be taken as part of their respective obligations under this Agreement and the Formation and Structuring Transactions, and shall (a) furnish upon request to each other such further information; and (b) do such other acts and things, all as the other party may reasonably request for the purpose of carrying out the intent of this Agreement and the Formation and Structuring Transactions.
MHG LLC and Morgans Group LLC agree to execute and deliver, or to use their reasonable commercial efforts to cause to be executed and delivered by the appropriate parties, such other agreements, instruments and other documents as may be necessary or desirable in order to effect the purposes of this Agreement and the Formation and Structuring Transactions.
In connection with the Formation and Structuring Transactions, the Hyatt Regency New Orleans hotel lease was converted to a management agreement and we report all of the operations of the hotel.
The purpose of the Formation and Structuring Transactions is to contribute the assets to Morgans Group LLC in connection with its formation and permit certain of those persons to exchange membership units for shares of the Company's common stock, while the purpose of the IPO is to raise cash.
Subject to the terms and conditions of this Agreement, Sunstone Hotel Partnership and each of the Interested Parties hereby (i) consent to each of the Formation and Structuring Transactions, (ii) waive any restrictions set forth under any agreement to which it is party and rights that it may have to object to any of the Formation and Structuring Transactions and (iii) agree to take all actions reasonably necessary or advisable to consummate the Formation and Structuring Transactions.
Even assuming for purposes of this integration analysis that the IPO and the Formation and Structuring Transactions involve the issuance of the same class of securities and are made at about the same time, the facts relevant to the other three factors are sufficient to support the conclusion that the Formation and Structuring Transactions should not be integrated with the IPO.
The parties will use reasonable and customary methods of allocating such assets (including cash) and liabilities among the entities comprising the SHC Funding Group and the SHC LLC Group to carry out the purposes and intent of this Agreement and the Formation and Structuring Transactions.
Based upon the facts and circumstances of the Formation and Structuring Transactions and the IPO, the Formation and Structuring Transactions should not be integrated with the IPO.
Sunstone Hotel Investors shall sell the assets and operations related to the management of the hotels to a third party management company prior to or in connection with the consummation of the Formation and Structuring Transactions and shall be entitled to keep the consideration, if any, from such sale.
For the reasons stated above, the Formation and Structuring Transactions are also exempt from registration under Section 4(2) of the Securities Act.