Examples of SNSA Group in a sentence
Each of the Intermediate Companies represents and warrants that the corporate structure of the SNSA Group is as set forth in Whereas Clause C and undertakes that it will not take any action or permit any action to be taken that would result in a change to such SNSA Group corporate structure.
It has neither incurred, secured or guaranteed and will not incur, secure or guarantee, any debt except for debt between it and other companies in the SNSA Group and debt which is either subordinated to or ranks pari-passu with the Indebtedness; provided, however, that, for the avoidance of doubt, all of the security provided in favour of the Lender pursuant to the Security Documents shall secure only the Indebtedness.
No pledge or other security interest exists, and no pledge or other security interest will be created or permitted to exist, in respect of the shares owned by it in any company in the SNSA Group or in respect of any dividend payments made or to be made by any company in the SNSA Group to it; and if any such pledge or other security interest is notified to any of the Intermediate Companies in respect of its own shares, it will immediately notify the Lender thereof.
Each of the Borrower and each of the Guarantors will ensure that all of their accounting and other records (including operational records relating to all vessels and containers owned by, or leased to, members of the SNSA Group) are kept up to date and in such places as they are easily accessible in the event that the Agent wishes to inspect them pursuant to Clause 12.2.12.
Each of the Borrower and each of the Guarantors will ensure that all Taxes, the non-payment of which might reasonably be expected to have a material adverse effect on the financial condition of any of the Security Parties or of the SNSA Group are paid promptly and will provide the Agent with details of any demand issued for such Taxes.
In March 2003 an individual claiming to have purchased SNSA American depositary receipts, Xxxx Xxxxxx, fled a putative civil securities class action in the U.S. District Court for the District of Connecticut against the SNSA Group and certain officers.