Southwest II definition
Examples of Southwest II in a sentence
Simultaneously with the exercise of FUR Subsidiary's option hereunder, FUR Subsidiary shall cause First Southwest II, Inc.
The name and address of the Member, which is the sole member of the Company, is as follows: Valor Telecommunications Southwest II, LLC Las Colinas Tower I ▇▇▇ ▇.
Other expenses of the Company, such as franchise taxes, salaries, and other items attributable to the general overhead of the Company shall be treated as expenses attributable to Southwest I and Southwest II in such proportion as the Board may determine in good faith.
The Members agree that expenses of the Company incurred primarily for the benefit of either Southwest I and its subsidiaries or Southwest II and its subsidiaries shall be taken into account either in calculating Southwest I Net Profits and Losses or Kerrville Net Profits and Losses, as the case may be.
The effectiveness of this Agreement as among the Initial Member and the other persons who elect to become Members hereunder as contemplated hereby and by the Southwest II Subscription Agreement shall not be affected by the failure of any person whose name appears on the signature pages hereto under the heading "Additional Members" to execute and deliver this Agreement to the other parties hereto.
With respect to meetings of the members or any class of members of the Company's subsidiaries, Valor Telecommunications Southwest, LLC and Valor Telecommunications Southwest II, LLC, a written or printed notice stating the place, date, time, and purpose of such meeting shall be given to the WCAS Investors, the Vestar Investors and the CVC Investors concurrently with the notice of such meeting required to be given to the members or such class of members of such subsidiary.
The Interests to be so redeemed shall be reasonably determined by the Company in order to give economic effect to the reduction of the selling Member's proportional interest in the economic enterprise of the Company with respect to Southwest I or Southwest II, as the case may be, and their respective subsidiaries taken as a whole.
To the extent permitted under the Delaware Act, dividends may be paid on the Class C Interests out of proceeds arising from or assets attributable to Southwest II, as and when declared by the Board of the Company.