Examples of Polo Holdings in a sentence
As of the Closing Date, Holdings, Polo Holdings, the Borrower and the other Subsidiaries have valid leases in all the real property set forth on Schedule 3.20(b).
Schedule 1.01(c) set forth each Resort or other location at which Holdings, Polo Holdings, the Borrower or the other Subsidiaries own any such real property with a value reasonably estimated by the Borrower to equal or exceed $1,500,000.
Polo Holdings is a holding company and has no business operations other than in its capacity as the direct parent company of DRC.
None of Polo Holdings, the Borrower or any other Loan Party or, to the knowledge of Holdings, Polo Holdings, the Borrower or any other Loan Party, any other person party thereto is in default in the performance or compliance with any material provisions thereof.
Holdings, Polo Holdings, the Borrower and the other Subsidiaries have insurance in such amounts and covering such risks and liabilities as are in accordance with normal industry practice.
This Agreement has been duly executed and delivered by Holdings, Polo Holdings and the Borrower and constitutes, and each other Loan Document when executed and delivered by the each Loan Party party thereto will constitute, a legal, valid and binding obligation of such Loan Party enforceable against such Loan Party in accordance with its terms.
Holdings, Polo Holdings and the Borrower agree not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral.
Each Credit Event shall be deemed to constitute a representation and warranty by the Borrower, Polo Holdings and Holdings on the date of such Credit Event as to the matters specified in paragraphs (b) and (c) of this Section 4.01.
The bank serving as the Administrative Agent and/or the Collateral Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with Holdings, Polo Holdings, the Borrower or any other Subsidiary or other Affiliate thereof as if it were not an Agent hereunder.
No notice or demand on the Borrower, Holdings or Polo Holdings in any case shall entitle the Borrower, Holdings or Polo Holdings to any other or further notice or demand in similar or other circumstances.