Examples of RSC Canada in a sentence
All outstanding Capital Stock in RSC Canada has been duly and validly issued and is fully paid and non-assessable (other than any assessment on the shareholders of RSC Canada that may be imposed as a matter of law) and is owned by RSC.
RSC Canada does not have outstanding any Capital Stock, or other securities convertible, in each case, into or exchangeable for its Capital Stock or any rights to subscribe for or to purchase, or any options for the purchase of, or any agreement providing for the issuance (contingent or otherwise) of, or any calls, commitments or claims of any character relating to, its Capital Stock.
The Company hereby guarantees payment of the purchase price by RSC or RSC Canada, as applicable, to the suppliers of such equipment.
Promptly upon the ------------------------------------- execution and delivery of any guaranty or security agreement by any Credit Party with respect to the RSC Canada Credit Facility, the Credit Parties shall deliver to the Agent, or shall cause to be delivered to the Agent, copies thereof.
Immediately prior to the Closing, all of the Shares shall be owned by the Seller Stockholder, all of the equity interests of LLC1 shall be owned by the Company, all of the equity interests of LLC2 shall be owned by LLC1, all of the equity interests of LLC3 shall be owned by LLC2, all of the shares of capital stock of RSC shall be owned by LLC3 and all of the shares of capital stock of RSC Canada shall be owned by RSC.
Effective as of January 1, 1999, ------------------------- Section 6.10 of the Credit Agreement is hereby amended to delete in their entirety the first through eighth sentences thereof and to substitute in lieu thereof the following: RSC is the record and beneficial owner of all of the shares of capital stock of each of RSC USA and RSC Canada.
RSC has no direct Subsidiaries other than RSC USA and RSC Canada.
RSC Canada does not have outstanding any Capital Stock, or other securities convertible, in each case, into or exchangeable for its Capital Stock or any rights to subscribe for or to purchase, or any options for the purchase 116 of, or any agreement providing for the issuance (contingent or otherwise) of, or any calls, commitments or claims of any character relating to, its Capital Stock.
RSC shall, directly or indirectly, ---------------- form or acquire any Subsidiary other than (i) RSC Acquisition, (ii) RSC Holdings, (iii) RSC Canada, (iv) the Borrowers and Subsidiary Guarantors in existence on the Effective Date and (v) Subsidiaries of RSC Acquisition, RSC Holdings, RSC Canada or any Borrower permitted to be formed or acquired after the Effective Date in accordance with Section 8.20.