Prior Owners definition
Examples of Prior Owners in a sentence
The Company shall promptly notify the Owners and any Prior Owners of any Determination of Taxability.
Article 11 A (3) restricts Prior Owners from receiving additional shares except in certain circumstances.
The Interval remains subject to a lien for all the Prior Owner`s unpaid Charges (including all interest, late charges and collection and enforcement costs including, but not limited to, court costs and legal fees) unless the New Owner obtains a clearance certificate.
Furthermore, neither the Prior Owners nor any of the Prior Owners’ affiliates shall directly or indirectly provide information to any third party for purposes of soliciting the borrowers related to the Mortgage Loans.
It is understood that promotions undertaken by the Prior Owners or the Prior Owners’ affiliates which are directed to the general public at large (i.e., newspaper advertisements, radio or T.V. ads, etc.) and not specifically directed to the borrowers related to the Mortgage Loans shall not constitute a breach of this section.
This release of the Owner Parties expressly includes, but is not limited to, any Claims related to obligations under the Prior Plans, including but not limited to, any obligations concerning any refund of previous membership deposit or fee, including obligations for the 30 Year Refund Rights, defined below, which obligation is retained by Prior Owners.
This release of the Owner Parties expressly includes, but is not limited to, any Claims related to obligations under the Prior Plans, including but not limited to, any obligations concerning any refund or previous membership deposit or fee, including obligations for the Thirty Year Refund, defined below, which obligation is retained by Prior Owners.
This Agreement, each Member’s respective subscription(s) and Award Agreement(s), if any (and including those certain asset contribution agreements entered into by the Prior Owners and the other parties thereto in conjunction with this Agreement), constitute the entire agreement of the Members and the Company relating to the Company and supersede all prior contracts or agreements with respect to the Company, whether oral or written.
Notwithstanding the above statements set forth in this Section 3.8, the transfer of the Shares from the Prior Owners to the Seller has not been affected to date, and as such, although Seller is the sole record and beneficial owner of the Shares, the certificates evidencing such Shares still reference the name of the Prior Owners and not the Seller.
Except as described in Part 3.14(b) of the Disclosure Schedule, neither Seller nor the Prior Owner (solely in their capacities as the prior owners and operators of the Business) have given or been requested to give waivers or extensions (or is or would be subject to a waiver or extension given by any other Person) of any statute of limitations relating to the payment of Taxes concerning the Business for which Seller or the Prior Owners (solely in such capacities) may be liable.