Examples of New Worthington in a sentence
During the Term, Worthington Steel may terminate this Agreement at any time, with or without cause, upon written notice to New Worthington.
Nothing contained in this Agreement shall limit New Worthington’s ability to charge back any Liabilities that it incurs in respect of any New Worthington Benefit Arrangement to any of its operating companies in the ordinary course of business consistent with its past practices.
New Worthington shall, to the extent possible, give the NYSE not less than ten (10) days’ advance notice of the Record Date in compliance with Rule 10b-17 under the Exchange Act.
Worthington Steel will elect and join, and will cause its respective Affiliates to elect and join, in filing any Joint Returns that New Worthington determines are required to be filed or that New Worthington elects to file, in each case pursuant to this Section 3.1.
If Worthington Steel has breached any provision of this Agreement relating to the ownership, protection or use of the Licensed Marks or any of the quality requirements of Article IV, and does not cure such breach within thirty (30) days of its receipt of written notice of such breach from New Worthington, then New Worthington may terminate this Agreement upon written notice to Worthington Steel.
For the avoidance of doubt, New Worthington shall not be liable to any member of the Worthington Steel Group for any failure of any determination under this Section 3.6(b) to be accurate under applicable Tax Law; provided such determination was made in good faith.
The New Worthington Director DCP shall continue in effect after the Distribution Date in accordance with its terms, with payments made to current and former members of the New Worthington Board pursuant to their applicable deferral elections.
They are men of intelligence, with considerable experience in public affairs, and all this either from honest fanaticism or muddled thought they have perverted into the most dangerous channels.
Worthington Steel and New Worthington agree to take all necessary actions to assure that New Worthington and the other members of the New Worthington Group are not obligated with respect to the obligations pursuant to the Worthington Steel Loan Documents as of the Effective Time (or have been fully released and discharged from such obligations no later than the Effective Time).
New Worthington shall maintain the confidentiality of trade secrets and other non-public Intellectual Property included in the Worthington Steel Intellectual Property in accordance with Article VI.