Related Subsidiary definition
Examples of Related Subsidiary in a sentence
Recourse Indebtedness on assets of the relevant Non-Recourse Holding Subsidiary, Non-Recourse Subsidiary or any Related Subsidiary.
If any Party reorganizes its business so as to set up a Related Subsidiary or Wholly Owned Subsidiary that shall include the entire business and assets responsible for such Party’s performance of its obligations under this Agreement then the other Party agrees that the permission to assign to such Related Subsidiary or Wholly Owned Subsidiary shall not be unreasonably withheld.
If any Party reorganizes its business so as to set up a Related Subsidiary or Wholly Owned Subsidiary that shall include the entire business and assets responsible for such Party’s performance of its obligations under this Third Amendment and Restatement of “S” Process Development Agreement between AMD and IBM Agreement then the other Party agrees that the permission to assign to such Related Subsidiary or Wholly Owned Subsidiary shall not be unreasonably withheld.
All of the outstanding Related Subsidiary Shares have been duly authorized and validly issued and are fully paid and non-assessable and none of the Related Subsidiary Shares are subject to any obligation to make additional capital contributions to any Related Subsidiary.
Such Borrower will, and will cause each Related Subsidiary to, keep proper books and account in which full, true and correct entries are made of all dealings and transactions in relation to its business and activities.
Except as set forth on Section 2.2(b) of the Seller Disclosure Schedule, there are no voting trusts, proxies, shareholder agreements or other agreements or understandings with respect to the voting of the Shares or the Related Subsidiary Shares.
Other than pursuant to a valid and enforceable confidentiality agreement with respect thereto, neither Seller nor any Related Subsidiary has authorized the disclosure of any Trade Secret included in the Seller Assigned Intellectual Property, nor has any such Trade Secret been disclosed.
Seller and the Related Subsidiaries have taken sufficient steps, including by implementing and enforcing appropriate policies in accordance with industry standards, to identify Open Source Technology used in the Seller Interconnect Technology by Seller or any Related Subsidiary.
Such Borrower will, and will cause each Related Subsidiary to, give prompt notice in writing to the Lenders of the occurrence of any Default or Event of Default and of any other development, financial or otherwise, which might materially adversely affect its business, properties or affairs or the ability of such Borrower to repay the Obligations.
Neither Seller nor any Related Subsidiary has received any written notice of, and to the Knowledge of Seller, there has not occurred, is not pending and is not threatened, any suspension, cancellation, modification, revocation or nonrenewal of any Seller Permit which has subjected, or is reasonably likely to subject, either Seller or any Related Subsidiary to any material Liability and, to the Knowledge of Seller, there is no reasonable basis therefor.