Participating Companies definition
Examples of Participating Companies in a sentence
The Participating Companies may change the Operator, and the Operator may resign from its role, subject to prior consent from CNH.
In addition, each of the Participating Companies shall keep CNH informed of the progress of the investigation and process through its conclusion.
Except for the Operator, the Guarantors of the Participating Companies that are not able to comply with the net worth requisite foresaid in this subparagraph, may submit to CNH their duly audited consolidated financial statements which evidence assets equivalent to five (5) times the minimum net worth amount.
Each of the Participating Companies shall notify CNH and any other competent Governmental Authority: (i) immediately upon becoming aware, or having sufficient reason to assume, that any act contravening the provisions of Article 32.2 has occurred, and (ii) within five (5) Days of gaining knowledge of any investigation or process initiated by any Mexican or foreign authority related to any alleged act that would violate the provisions of this Article 32.
The Participating Interests of the Participating Companies are as follows: No attempted pledge, assignment or transfer of all or part of a Participating Interest shall be valid or have any validity except as provided in Article 24.