Examples of Subject Entity in a sentence
The Subject Interests held by such Seller have been duly authorized and validly issued and are fully paid and non-assessable except to the extent specified in the Delaware Revised Uniform Limited Partnership Act, Delaware Limited Liability Company Act or in the Organizational Documents of such applicable Subject Entity.
There is no Order of any Governmental Authority outstanding against any Subject Entity or any of their respective assets and properties that would, individually or in the aggregate, reasonably be expected to have a Subject Entities Material Adverse Effect.
Except as would not reasonably be expected to have, individually or in the aggregate, a Subject Entity Material Adverse Effect, none of the Subject Entities has received notice of any pending or, to the Manager’s Knowledge, threatened cancellation with respect to any such insurance policy, in each case, other than in the ordinary course of business.
No broker, investment banker, financial advisor or other Person is entitled to any broker’s, finder’s, financial advisor’s or other similar fee or commission in connection with this Agreement or the other Transaction Documents or any of the transactions contemplated hereby or thereby based upon arrangements made by or on behalf of Sellers or the Manager for which Acquiror or any Subject Entity would be responsible.
Acquiror shall cause each Subject Entity to maintain and preserve all such books, records and other documents for the greater of (i) seven years after the Closing Date and (ii) any applicable statute of limitations, as the same may be extended and, in each case, shall offer to transfer such books, records and other documents to Sellers at the end of the period in which it maintains and preserves such records.