Examples of Specified Loan Parties in a sentence
Specified Loan Parties shall promptly notify Agent in writing if any Specified Loan Party or any of their Subsidiaries (i) is required to file periodic reports under the Exchange Act, (ii) registers any securities under the Exchange Act or (iii) files a public registration statement under the Securities Act.
The Specified Loan Parties shall, and shall cause each Restricted Subsidiary to, maintain proper books of record and account, in which full, true and correct entries in all material respects shall be made of all financial transactions and matters involving the assets and business of such Specified Loan Party and such Restricted Subsidiary to permit the preparation of such Persons’ financial statements required by Section 6.01 in accordance with GAAP or SAP, as applicable.
Notwithstanding the foregoing, in no event shall the Specified Loan Parties be permitted to reorganize in a jurisdiction outside of the United States.
The 65 firms were targeted because they have consistently been listed at NSE since 2003 without missing any year.
Schedule 4.20 sets forth as of the Closing Date and each report delivered under Section 5.06(e) sets forth as of the date of such report, a true and complete list of all Hedge Contracts of the Specified Loan Parties, the material terms thereof (including the type, term, effective date, termination date and notional amounts or volumes), the net mark to market value thereof, and the counterparty to each such agreement.
The Specified Loan Parties shall not, and shall not suffer or permit any Restricted Subsidiary to, engage in any material line of business except for the businesses conducted or proposed to be conducted by the Specified Loan Parties and their Restricted Subsidiaries on the date of this Agreement or any business similar, related, incidental, complementary or ancillary thereto or a reasonable expansion, development, or extension thereof.
As used in this Article VI, each reference to Specified Loan Party or Specified Loan Parties and its or their Subsidiaries shall, in each such cases, be deemed to exclude PHI Aviation, PHI Helipass, PHI Tech Services, the Specified Foreign Subsidiaries and their respective Subsidiaries.
The Specified Loan Parties have instituted and maintained policies and procedures designed to promote and achieve compliance by the Parent, its Restricted Subsidiaries and their respective directors, officers, employees, and agents with Anti-Corruption Laws and Anti-Money Laundering Laws applicable to such Person.
One situation where there may be a problem with the resale registration is a burst PIPE if the issuer’s offering after filing the resale registration statement is deemed part of the same offering as the private placement of the securities subject to the resale registration statement, resulting in loss of the exemption.
Upon and after the Closing Date, Specified Loan Parties and their Subsidiaries do not propose to engage in any business other than the Permitted Businesses.