Inactive Companies definition

Inactive Companies means, collectively, Inactive Non-Guarantor Parties and Inactive Subsidiaries.
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Inactive Companies means Rad Air Snowboards AG, Zero Degree Manufacturing AG and Völkl Snowboard Verwaltungs GmbH (it being understood that these are the only inactive Völkl Group Companies).
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Inactive Companies means Magnetek Leasing Corporation, a Delaware corporation, Magnetek National Electric Coil, Inc., a Delaware Corporation, and their respective successors and assigns.
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Examples of Inactive Companies in a sentence

  • Montana Xxxxx and all of its Subsidiaries are Inactive Companies.

  • No Credit Party will allow the Inactive Companies to transact business other than that necessary to merge with another Credit Party or wind-up or dissolve.

  • Following the Closing, the Shareholder agrees to process and secure the formal dissolution and liquidation of the Inactive Companies.

  • Inactive Companies As discussed in Chapter 3, I used the “status” column of the LA Times LLC Dataset to determine whether a company should be considered successful for the purpose of this study.

  • As the Company has no assets, Canadian National Railway Company carried the value of this stock at $1.00 in its "Inactive Companies" ledger until May 1939, when the amount of $1.00 was written off to Profit and Loss.

  • Defaulting Inactive Companies to file Form CFSS-2020 and either apply for Dormancy status by filing Form MSC-1 u/s 455 of the Companies Act, 2013 at Normal Fees or apply for strike off of the name of the Company by filing Form STK-2 u/s 248 of the Companies Act, 2013 at Normal Fees during 1st April, 2020 to 30th September, 2020.

  • For each and every Fiscal Quarter, beginning with the Fiscal Quarter ending October 31, 2008, Credit Parties (other than the Inactive Companies) on a combined basis shall not have at any time aggregate outstanding Advances to Suppliers in excess of $8,000,000 with respect to all suppliers or in excess of $5,000,000 with respect to any one supplier (together with its Affiliates).

  • Two Government Companies, namely, A.P. Tribal Power Company Limited and Infrastructure Corporation of Andhra Pradesh Limited and 19 Inactive Companies were still under demerger process.

  • None of MXT, Mondel Holding or the Inactive Companies shall engage in any trade or business, or own any assets (other than the Capital Stock of its Subsidiaries) or incur any Indebtedness (other than the Secured Obligations).

  • The Inactive Companies, after filing all the belated returns, while filing the Form CFSS-2020 form, can opt for either of the following: ➔ Apply to get the Company declared as a Dormant Company under Section 455 of the Companies Act, by filing Form MSC-1; ➔ Apply for striking-off the name of the Company by filing STK-2.


More Definitions of Inactive Companies

Inactive Companies. Arrow Prescription Leasing Corp., Desktop Media Group, Discount RX, Inc., a Louisiana corporation, Discount RX, Inc., a Nevada corporation, XxxxXxx.xxx, Inc., Familymeds Holdings, Inc. and Vetmall.
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Inactive Companies means Seebeck 31 Limited, Euro Car Parts Limited (registered in Republic of Ireland), Euro Car Parts (Northern Ireland) Limited, Car Parts 4 Less Limited and Euro Garage Solutions Limited;
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Inactive Companies means Grove Manufacturing Company and Grove International Corporation.
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Inactive Companies means all corporations, partnerships, joint ventures or other entities in which the Company owns at least 5% of the outstanding interests and that do not conduct any business or own any material assets.
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Inactive Companies has the meaning set forth in Section 3.1(d) of this Agreement.
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Related to Inactive Companies

  • Related Companies means the companies within the meaning of Article L. 225-197-2 of the French Commercial Code or any provision substituted for same.

  • Associated Companies : means any agent with delegated authority under Section 20 of these Terms and Conditions.

  • Group Companies means the Company and its Subsidiaries.

  • Company Group means the Company and its Subsidiaries.

  • Restricted companies means companies that boycott Israel.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Participating Subsidiaries means the Subsidiaries that have been designated as eligible to participate in the Plan, and such other Subsidiaries that may be designated by the Committee from time to time in its sole discretion.

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

  • Related Entities means contractors and subcontractors of a Party at any tier; grantees, investigators, customers, and users of a Party at any tier and their contractors or subcontractor at any tier; or, employees of the Party or any of the foregoing.

  • Inactive or "inactivation" means action by the Division to place a license on inactive status in accordance with Sections 58-1-305 and R156-1-305.

  • Target Companies means the Company and its Subsidiaries.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Consolidated Companies means, collectively, Borrower and all of its Subsidiaries.

  • Affiliated Entities means any legal entity, including any corporation, limited liability company, partnership, not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock with terms substantially identical to this Agreement.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Combined Company means Holdco and its consolidated subsidiaries after giving effect to the Business Combination.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Released Entities means released entities as such term is defined

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of SpinCo, after giving effect to the Reorganization.

  • Company Group Member means each member of the Company Group.

  • CBS shall have the meaning set forth in the Preamble.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.