Parras Cone definition

Parras Cone means Parras Cone de Mexico, S.A. de C.V, a Mexican stock limited liability company.
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Parras Cone means Parras Cone de Mexico, S.A., a joint venture of Cone Mills Mexico S.A. de C.V., a corporation organized and existing unxxx xhe laws of Mexico substantially all of the capital stock of which is owned by Cone Mills, and Compania Industrial de Parras, S.A. de C.V., a corporatiox xxganized and existing under xxx xxxx xx Xxxico.
Sample 1
Parras Cone means Parras Cone de Mexico, S. A., a joint venture of the Borrower and CIPSA.
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Examples of Parras Cone in a sentence

  • Xxxxxx, X.X. 00000, Xxxxxxxxxx, Morelos BORROWER GUARANTOR OF THE DEBTOR'S OBLIGATIONS Parras Cone de México, S.A. de C.V. /s/ Xxxx Xxxxxx Xxxxxxxx Xxxxxxx Represented by: Xxxx Xxxxxx Xxxxxxxx Xxxxxxx Xxxxxx Cone de México, S.A. de C.V. /s/ Xxxx Xxxxxx Xxxxxxxx Xxxxxxx Represented by: Xxxx Xxxxxx Xxxxxxxx Xxxxxxx Domicile: Carretera Parras Paila Km. 3.5, Col.

  • Borrower shall not engage in any business activities other than (i) ownership of the Equity Interests of Parras Cone or of any other Subsidiary in existence on the date hereof or from time to time created or acquired in accordance with this Agreement or investments in other Persons not prohibited by this Agreement, (ii) activities incidental to maintenance of its existence and (iii) performance of its obligations under this Agreement and the other Loan Documents.

  • After the determination of the NFLV – Parras Cone Machinery and Equipment and FMV – Parras Cone Land and Buildings, the Agent shall provide Borrower with written notice informing Borrower of such NFLV – Parras Cone Machinery and Equipment and FMV – Parras Cone Land and Buildings.

  • Within ten (10) Business Days of the creation or acquisition (from time to time) by Parras Cone of any Subsidiary, cause such Subsidiary to (i) execute a joinder agreement in form and substance satisfactory to the Agent pursuant to which such Subsidiary shall become a “Guarantor” under the Subsidiary Guaranty and (ii) transfer its assets to a guaranty trust and grant such collateral and pledge such assets as set forth therein.

  • The NFLV – Parras Cone Machinery and Equipment and FMV – Parras Cone Land and Buildings shall be calculated (i) on or prior to the Closing Date and thereafter (ii) no more often than twice during any calendar year (consisting of one site visit and one desktop appraisal); provided, however, that during the occurrence or continuance of any Default or Event of Default, then the Agent shall be permitted to conduct audits, appraisals and valuations as often as it deems appropriate in its sole discretion.

  • Description of business- Parras Cone de Mexico, S.A. de C.V. is a Mexican company established as a 50/50 joint venture between Compania Industrial de Parras, S.A. de C.V. (CIPSA) and Cone Mills (Mexico), S.A. de C.V., which is a wholly-owned subsidiary of Cone Mills Corporation.

  • In addition, the UK Borrower may use proceeds of the Loans to purchase Accounts of Safety Components KG in accordance with the German Factoring Agreement and Denim may use the proceeds of the Loans to purchase Accounts of Parras Cone.

  • Parras Cone is recognized as a quality, low-cost producer of basic denim.

  • Centro, C.P. 27980, Parras, Coahuila GUARANTOR Burlington Xxxxxxx, X.X. de C.V. /s/ Xxxx Xxxxxx Xxxxxxxx Xxxxxxx Represented by: Xxxx Xxxxxx Xxxxxxxx Xxxxxxx Manufacturas Parras Cone, S.A. de C.V. /s/ Xxxx Xxxxxx Xxxxxxxx Xxxxxxx Represented by: Xxxx Xxxxxx Xxxxxxxx Xxxxxxx Domicile: Km. 2.5 Yecapixtla Agua Hedionda S/N, C.P. 62820, Yecapixtla, Morelos Domicile: Xxxxxxxxx Xxxxxx Xxxxx Xx. 0.0, Xxx.

  • Internationally, the Parras Cone facility in Mexico is a low-cost manufacturing platform that is well positioned strategically and geographically to service both North and South America.

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