Material Organizational Documents definition
Examples of Material Organizational Documents in a sentence
Assignee hereby accepts such transfer, assignment and conveyance and assumes all of the obligations of Assignor under the Material Organizational Documents (as defined in the Purchase Agreement) arising from and after the date hereof, and agrees to be bound by the terms contained in the Material Organizational Documents.
Assignee shall indemnify, defend and hold harmless Assignor from all liabilities and losses incurred by Assignor that both (i) arise under the Material Organizational Documents or otherwise relate to ownership of the Interests; and (ii) occurred on or after the date of this Agreement.
On the Closing Date, the Lenders each agree to make such purchases and sales of interests in the outstanding Loans and interests in outstanding Letters of Credit between themselves so that each Lender is then holding its Applicable Percentage of outstanding Loans and LC Obligations.
Except as set forth in the Material Organizational Documents or on Schedule 3.02(d) of the Disclosure Letter, neither the Partnership nor any of its Controlled Subsidiaries or Limited Control Subsidiaries, or to the Partnership Parties’ Knowledge, its Non-Controlled Subsidiaries, has any outstanding or authorized any equity appreciation, phantom equity, profit participation or similar rights.
None of the Material Organizational Documents of RRT or the Partnership have been amended since March 10, 2017.