Significant Affiliates definition
Examples of Significant Affiliates in a sentence
Partners and its subsidiaries and its Significant Affiliates are in compliance with the terms of the Partners Permits and all applicable statutes, laws, ordinances, rules and regulations, except where the failure so to comply individually or in the aggregate, would not have a material adverse effect on Partners.
At the Effective Time, the Amalgamated Company will have legal and beneficial title of Partners' ownership interests of the Significant Affiliates, subject to (i) the Rights of First Refusal and (ii) Liens existing as of the date hereof in respect of Debt Agreements (as defined in Section 3.1(o)).
Other than the Partners subsidiaries and the Significant Affiliates, Partners does not directly or indirectly beneficially own any securities or other beneficial ownership interests in any other entity except for non-controlling investments made in the ordinary course of business in entities which are not individually or in the aggregate material to Partners and its subsidiaries as a whole.
Subsidiaries, Significant Affiliates and Guarantors................................................34 Section 4.16.
Without limitation of the foregoing, Partners and NTL shall, and shall cause each of their subsidiaries to, and, in the case of Partners, shall use its reasonable best efforts to cause its Significant Affiliates to, promptly supply such information as is reasonably necessary to enable the confirmations and indications referred to in Section 6.1(c) to be obtained.
Schedule 7.2 describes the Borrower, all of its direct and indirect Subsidiaries and all of its Significant Subsidiaries and Significant Affiliates as of the date hereof.
The Company shall perform and observe all of its obligations, and shall cause each of its Significant Affiliates and all other obligors to perform and observe all of such party’s respective obligations (i) to each holder of the Notes and (ii) under each of the agreements contemplated hereby.
To the extent permitted by applicable law, the Borrower, KPP and all Significant Affiliates shall not assert, and hereby waive, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to actual or direct damages) arising out of, in connection with or as a result of, this Agreement or any agreement or instrument contemplated hereby, the transactions contemplated therein, any Loan or the use of proceeds thereof.
The Company is not aware that any executive or key employee of such Company or any of its Significant Affiliates or any group of employees of such Company or any of its Significant Affiliates has any plans to terminate employment with such Company or any of its Significant Affiliates.
Since June 30, 2010, there has been no material adverse change in the financial condition, operating results, assets, liabilities, operations, business, employee relations or customer or supplier relations of the Company and its Significant Affiliates taken as a whole.