Household International definition

Household International means Household International, Inc., a ----------------------- Delaware corporation, and its successors and permitted assigns.

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Household International. Household International, Inc., its successors and assigns.

Household International shall have the meaning set forth in the preamble hereto.

Examples of Household International in a sentence

• The consent decrees entered into between Household International Inc.

• This Agreement shall be subject to termination in the absolute discretion of the Representative, by notice given to the Transferor if after the Execution Time and prior to delivery of and payment for the Notes on the Closing Date, (i) trading in the Common Stock of Household International, Inc.

• HFC: Household Finance Corporation, a Delaware corporation and a subsidiary of Household International, Inc.

• The stipulated judgment entered in December, 2002 by HSBC Finance Corporation (formerly known as Household International, Inc), on behalf of itself and its subsidiaries, with the attorneys general of the various States (and/or similar regulatory officials) concerning the real estate secured retail branch-based operations of its consumer lending business of its subsidiaries, Household Finance Corporation and Beneficial Corporation operating under the brand names HFC and Beneficial.

• Upon failure by Purchaser to pay fully and punctually any such amount or to perform full and punctually any such other obligation, Household International shall forthwith on demand pay the amount not so paid and perform or cause to be performed such other obligation, in each case at the place, in the manner and at the time specified in this Agreement.

• The Trustees will send or make available to Participants copies of all documents normally issued by Household International, Inc.

• Each of Purchaser and Household International is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and Purchaser and Household International will, on the Closing Date, be duly qualified to do business, and be in good standing as a foreign corporation, in all jurisdictions in which the nature of the business conducted by it or the character or location of its properties or assets makes such qualification necessary.

• Section 9.4 of the Agreement is hereby amended by deleting the phrase “owned directly or indirectly by Household International, Inc.” appearing therein.

• Each of Purchaser and Household International has the requisite corporate power and authority to own or lease all of its properties and assets and to conduct its business as it is now being conducted.

• Each of Purchaser and Household International has the corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby.

More Definitions of Household International

Household International s management is responsible for the preparation, integrity and fair presentation of its published financial statements. The consolidated financial statements have been prepared in accordance with generally accepted accounting principles and, as such, include amounts based on judgments and estimates made by management. Management also prepared other information included in the annual report and is responsible for its accuracy and consistency with the financial statements. The consolidated financial statements have been audited by an independent accounting firm, [ ], which has been given unrestricted access to all financial records and related data, including minutes of all meetings of shareholders, the Board of Directors and committees of the board. Management believes that representations made to the independent auditors during their audit were valid and appropriate. Management maintains a system of internal controls over the preparation of its published financial statements. These controls are designed to provide reasonable assurance to the company's Board of Directors and officers that the financial statements have been fairly presented in accordance with generally accepted accounting principles. The Board, operating through its audit committee which is composed entirely of non-executive directors, provides oversight to the financial reporting process. Internal auditors monitor the operation of the internal control system and actions are taken by management to respond to deficiencies as they are identified. Even effective internal controls, no matter how well designed, have inherent limitations, such as the possibility of human error or of circumvention or overriding of controls, and the consideration of cost in relation to benefit of a control. Further, the effectiveness of an internal control can change with circumstances. Household International's management periodically assesses the internal controls for adequacy. Based upon these assessments, Household International's management believes that, in all material respects, its internal controls relating to preparation of consolidated financial statements as of December 31, 2001 functioned effectively during the year ended December 31, 2001. Management has long recognized its responsibility for conducting the company's affairs in a manner which is responsive to the interest of employees, shareholders, investors and society in general. This responsibility is included in the statement of policy on ethical ...