GT Companies definition

GT Companies means the Company and its wholly owned subsidiary, GT Coiled Tubing of Canada ULC, an unlimited liability company formed under the Business Corporations Act (Alberta), collectively.

Examples of GT Companies in a sentence

  • The inventory of the GT Companies consists of raw materials and supplies, manufactured and processed parts, work in progress, and finished goods, all of which is merchantable and fit for the purpose for which it was procured or manufactured, and none of which is slow-moving, obsolete, damaged, or defective, subject only to the reserves for inventory write-down, if any, included on the Base Balance Sheet or on the Final Closing Statement.

  • The Owned Real Property identified on Schedule 2.12(a) comprises all of the real property owned or leased by the GT Companies and used or intended to be used in, or otherwise related to, the GT Companies' business.

  • Schedule 2.17 describes any material self-insurance arrangements affecting the GT Companies.

  • Schedule 2.10(c) contains a list of all jurisdictions (whether foreign or domestic) in which the GT Companies file income Tax Returns.

  • It is understood that any cost estimates, projections or other predictions, any data, any financial information or any memoranda or offering materials or presentations, including but not limited to, the Descriptive Memorandum dated July 2005, made available by the GT Companies and its representatives are not and shall not be deemed to be or to include representations or warranties of the GT Companies.

  • Except as set forth on Schedule 2.10(d), (i) none of the GT Companies has been a member of an affiliated, consolidated, combined or unitary group other than one of which the Company was the common parent; (ii) none of the GT Companies is party to any Tax Sharing Agreement; and (iii) none of the GT Companies has entered into any agreement or arrangement with any Taxing Authority with regard to the Tax liability of the GT Companies affecting or concerning any Tax period.

  • Schedule 2.19 includes copies of the standard terms and conditions of sale or lease for each of the GT Companies (containing applicable guaranty, warranty, and indemnity provisions).

  • All Pre-Closing Returns shall be prepared, and all elections with respect to such Pre-Closing Returns shall be made, in a manner consistent with the prior practice of the GT Companies, except as otherwise required by applicable law.

  • The GT Companies are not a party to any agreement or option to purchase any real property or interest therein.

  • The buildings, machinery, equipment and other tangible assets that the GT Companies own and lease are free from material defects (patent and latent), have been maintained in accordance with normal industry practice, and are in good operating condition and repair (subject to normal wear and tear).