Liquor Subsidiary definition
Examples of Liquor Subsidiary in a sentence
Borrower or Leasehold Pledgor shall cause Owner or Operating Lessee (or, as applicable, shall cause Owner or Operating Lessee to cause Liquor Subsidiary) to keep and maintain all Licenses necessary for the operation of each Individual Property as a hotel.
Borrower shall cause Owner (or, as applicable, shall cause Owner to cause Liquor Subsidiary) to keep and maintain all Licenses necessary for the operation of each Individual Property as a hotel.
Neither Borrower, any Individual Owner, any Individual Owner’s general partner nor any Liquor Subsidiary shall directly or indirectly make any change, amendment or modification to its organizational documents, or otherwise take any action which could result in Borrower, any Individual Owner, any Individual Owner’s general partner, or any Liquor Subsidiary not being a Special Purpose Bankruptcy Remote Entity.
None of Borrower, Leasehold Pledgor, any Operating Lessee, any Individual Owner, any SPC Party or any Liquor Subsidiary shall directly or indirectly make any change, amendment or modification to its or such SPC Party’s organizational documents, or otherwise take any action which could result in Borrower, Leasehold Pledgor, any Operating Lessee, any Individual Owner, any SPC Party, or any Liquor Subsidiary not being a Special Purpose Bankruptcy Remote Entity.
Borrower or Operating Lessee shall (or, as applicable, shall cause Liquor Subsidiary to) keep and maintain all Licenses necessary for the operation of each Individual Property as a hotel.
Borrower shall (or, as applicable, shall cause Liquor Subsidiary to) keep and maintain all Licenses necessary for the operation of each Individual Property as a hotel.
Neither Borrower, any SPC Party, any Individual Owner, any Individual Owner's general partner nor any Liquor Subsidiary shall directly or indirectly make any change, amendment or modification to its organizational documents, or otherwise take any action which could result in Borrower, any SPC Party, any Individual Owner, any Individual Owner's general partner, or any Liquor Subsidiary not being a Special Purpose Bankruptcy Remote Entity.
Neither Borrower, any SPC Party, any Individual Owner, any Individual Owner’s general partner nor any Liquor Subsidiary shall directly or indirectly make any change, amendment or modification to its organizational documents, or otherwise take any action which could result in Borrower, any SPC Party, any Individual Owner, any Individual Owner’s general partner, or any Liquor Subsidiary not being a Special Purpose Bankruptcy Remote Entity.
Neither Company, any Liquor Subsidiary nor, to the knowledge of the Company, the Nova Group has taken any action in connection with events and/or circumstances related to COVID-19 with respect to any Company Employee Plan or the compensation or benefits of any employee that is not in the Ordinary Course consistent with past practice and as approved by an insurer in respect of an insured plan.
Administrative Agent shall have received a guaranty, executed by Resized Parent and Resized Liquor Subsidiary, of the obligations of Resized Borrowers in the form attached to the Resized Loan Agreement as Exhibit C.