Inactive Companies definition

Inactive Companies means, collectively, Inactive Non-Guarantor Parties and Inactive Subsidiaries.
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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. 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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Examples of Inactive Companies in a sentence

  • 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.

  • Imperial Desert Homes, LLC Inactive Companies, LLC Independence L.L.C. Xxxxx Creek Phase II, LLC Lakelands at Easton, L.L.C. Landmark Homes, Inc.

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

  • There are no Liabilities with respect to any of the Inactive Companies.

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

  • 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).

  • The Inactive Companies are the only inactive Völkl Group Companies.

  • 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 Purchaser has the right to cause the competent tax authorities to carry out a tax audit as soon as possible after the Closing Date regarding any and/or all Group Companies and Inactive Companies with respect to all fiscal years which have not yet been subject to a tax audit.

  • The Sellers shall pay to the Purchaser or, at the Purchaser’s election, to any of the Group Companies or Inactive Companies, an amount equal to any liability for Taxes which are imposed on, or payable by, any of the Group Companies and Inactive Companies relating (i) to the Pre-Effective Date Period or (ii) to any management, employee or similar participation programme related to the investment of EQT in Pxxxx GmbH or the transactions contemplated by this Agreement.


More Definitions of Inactive Companies

Inactive Companies means Grove Manufacturing Company and Grove International Corporation.
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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 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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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.

  • 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.

  • Target Companies means the Target 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 immediately following the Contribution.

  • 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”.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Controlled Entities means those entities (including special purpose entities) over which another party has the power to govern, directly or indirectly, decision making in relation to financial and operating policies, so as to require that entity to conform with such controlling party’s objectives;