Examples of Specified Affiliates in a sentence
Further, some of the consumers of our Subsidiaries or Specified Affiliates may be engaged in businesses which are cyclical in nature and a downturn in demand by such consumers could reduce our revenue during such periods.
In some cases, our Specified Affiliates may have existing indebtedness or equity securities, or may be permitted to incur indebtedness or to issue equity securities, including convertible preferred stock, that ranks senior to our interest.
Any adverse event relating to our Company, our Subsidiaries, our Promoters or Specified Affiliates, or a perception of any such adverse event, including allegations in the media (even if such adverse event, perception or allegation ultimately proves to be baseless) may have a negative impact on our reputation, which may adversely affect our ability to source, and invest in, suitable business opportunities and have a material adverse impact on our business, results of operations and financial condition.
Certain of our Subsidiaries and Specified Affiliates operate in sectors, such as the shipyard, ports, logistics, power, free zone and defence sectors, where a variety of risks beyond their control could expose such entities to substantial liability for personal injury, wrongful death, product liability, property damage, pollution and other environmental damages.
Although in the past, we or our Specified Affiliates have not experienced any strikes, there is no assurance that we or our Specified Affiliates will not experience future disruptions to business operations due to problems with our or our Specified Affiliates workforce.