Examples of Sold Entity in a sentence
No Seller Party, and neither the Sold Entity or any Sold Entity Subsidiary is subject or party to any collective bargaining agreement.
No Seller Party and neither the Sold Entity nor any Sold Entity Subsidiary is, or after giving effect to the transactions contemplated by this Agreement will be, required to be registered as an investment company under the Investment Company Act of 1940, as amended.
Each of the Sold Entity and each Sold Entity Subsidiary was formed solely for the ownership of the Underlying Property (directly or indirectly) and has not engaged in any other business activities.
The Group’s amortisation policy in respect of the Operating Agreements is determined on the method reflecting the asset’s usage based on passengers volume to reflect the usage of airport activities over the concession period.
No broker, investment banker or other Person is entitled to any brokers’, finders’ or other similar finder’s fee or commission in connection with the transactions contemplated by this Agreement based upon arrangements made by or on behalf of any Seller Party, the Sold Entity any Sold Entity Subsidiary or any Affiliate thereof.
Seller and the applicable Seller Entity, at their own expense, have the sole and exclusive right to contest any assessment or other proposed adjustment of Taxes of the Sold Entity or JV Majority Participation, as applicable, that could give rise solely to Indemnifiable Taxes.
Seller shall prepare, or cause to be prepared, (i) all Tax Returns of any Sold Entities and JV Majority Participations for any taxable period ending prior to the Closing Date and (ii) all Tax Returns of any Sold Entity for any taxable period during all or a portion of which the Sold Entity is a member of a consolidated, combined, unitary or affiliated group or a fiscal unity with Seller its Affiliates (other than the Sold Entities).
The budget for each solid waste, surface water management and wastewater CIP project shall not exceed by more than fifteen percent the amount specified for that project in the adopted six-year solid waste, surface water management or wastewater CIP, except when the amount is modified by ordinance or in accordance with the CIP exceptions notifications process.
For purposes of determining the Leverage Ratio or the Fixed Charge Coverage Ratio, (a) there shall be included in determining Consolidated EBITDA of the Borrower and its Subsidiaries for any period, without duplication, the Acquired EBITDA of any Acquired Entity or Business on a Pro Forma Basis and (b) there shall be excluded in determining Consolidated EBITDA of the Borrower and its Subsidiaries for any period, the Disposed EBITDA of any Sold Entity or Business on a Pro Forma Basis.
Vodafone has filed with the SEC a correct and complete copy of its articles of association, as in force at the date of this Agreement, and made available to Verizon correct and complete copies of the organizational documents (including the certificate of incorporation and bylaws, or comparable documents) of each of Seller and each Sold Entity, in each case as amended to the date of this Agreement.