Examples of SNG Entities in a sentence
Notwithstanding anything to the contrary herein, any franchise Tax paid or payable with respect to the SNG Entities shall be allocated to the taxable period during which the income, operations, assets or capital comprising the base of such Tax is measured, regardless of whether the right to do business for another taxable period is obtained by the payment of such franchise Tax.
The Contributing Parties and the SNG Entities shall have performed or complied in all material respects with all obligations and covenants required by this Agreement to be performed or complied with by them by the time of the Closing.
Offerors shall submit an original and two copies of the proposal, each with an original signature of the offeror or an employee of the offeror who has the authority to bind the offeror.
As of the date of this Agreement and the Closing Date, to the Contributing Parties’ Knowledge, each of the CIG Entities and each of the SNG Entities have (and will have) a level of working capital that is adequate for its level of operations, consistent with past practices.
Any exercise by Buyer and/or its affiliates of their rights pursuant to this Section 4 shall be cumulative and in addition to any other remedies at law or equity to which they may otherwise be entitled.
Neither the Contributing Parties nor any of their Affiliates (other than the Partnership Parties) has entered (directly or indirectly) into any agreement with any person, firm or corporation that would obligate the Partnership Parties, the CIG Entities or the SNG Entities to pay any commission, brokerage or “finder’s fee” or other fee in connection with this Agreement, the Contribution Agreement or the transactions contemplated hereby or thereby.
The Contributing Parties agree to cause the Debt Amount of each of the SNG Entities to not exceed $911,000,000, as of June 30, 2010.
The Contributing Parties, the Xxxx Express Entities, SLNG and the SNG Entities shall have performed or complied in all material respects with all obligations and covenants required by this Agreement to be performed or complied with by them by the time of the Closing.
With respect to the SNG Entities, no proceeding is pending or threatened with respect to any alleged failure by such Person to have any material Permit necessary for the operation of any of the SNG Entities’ assets or the conduct of their business or to be in compliance therewith.
With respect to the SNG Entities and CIG Entities, no proceeding is pending or threatened with respect to any alleged failure by such Person to have any material Permit necessary for the operation of any of the SNG Entities’ or CIG Entities’ assets or the conduct of their business or to be in compliance therewith.