Platform Entities definition
Examples of Platform Entities in a sentence
Since December 31, 2016, the business of the Platform Entities and their Subsidiaries has been conducted in the ordinary course consistent with past practices and there has not been any Material Adverse Effect on the Platform Entities or their Subsidiaries.
The Manager and the Company further acknowledge and agree that, notwithstanding anything to the contrary contained herein, for so long as this Agreement is in effect and TPG controls the Manager, the TPG Real Estate Platform Entities shall not directly or indirectly form any other public vehicle in the U.S. whose strategy is to primarily originate, acquire and manage performing commercial mortgage loans.
There are no facts or circumstances that would necessitate, in the good faith application of the reserving practices and policies of the Platform Entities and their Subsidiaries, any material adverse change in the statutorily required reserves or reserves above those reflected in the most recent balance sheets (other than increases consistent with past experience resulting from increases in enrollment with respect to services provided by any Platform Entity or its Subsidiaries).
All other indemnification payments under Section 10.3 shall be paid by the Platform Owners to the Platform Entities.
Schedule 3.1 sets forth those states in which the Platform Entities are eligible to engage in the business of health insurance.
The Platform Entities and their Subsidiaries collectively own or possess licenses or other legal rights to use, sell or license all Platform Intellectual Property, free and clear of all Liens, subject to the restrictions and limitations set forth in any such license.
At or prior to the Closing Date, UPH shall pay in full all of the unpaid Transaction Expenses of PPIC, and UHC shall pay in full all of the unpaid Transaction Expenses of the Platform Entities and their Subsidiaries.
The Platform Entities and their Subsidiaries meet or exceed the statutory net worth, deposit or other capital requirements of OCI or the DOH, as applicable.
Except as may be required by Law, neither the Platform Entities nor any of their Subsidiaries have announced any type of plan or binding commitment to (1) create any additional Platform Plans, or (2) amend or modify any of the existing Platform Plans with respect to any current or former employee, independent contractor or director.
To the Knowledge of the Platform Owners, neither the conduct of the business of the Platform Entities and their Subsidiaries nor any Platform Intellectual Property infringes, misappropriates, dilutes or otherwise violates any intellectual property rights of any third party.