Examples of Subsidiary Assumption Agreement in a sentence
As of the Effective Time the Facilities Operating Subsidiaries will each be a duly organized and validly existing corporation and in good standing under the laws of its jurisdiction of incorporation with all requisite corporate power and authority to own and operate its properties, to conduct its business as proposed to be conducted and to enter into and perform its obligations under the Subsidiary Assumption Agreement to which it is a party.
Marketing and each New Subsidiary shall have executed and delivered a Subsidiary Assumption Agreement (a "Subsidiary Assumption Agreement") substantially in the respective forms of Exhibits B and C hereto thereby becoming an obligor in respect of a portion of the First Mortgage Notes and the 11-1/8% Senior Notes due June 8, 2007 (all as more particularly described in Exhibits B and C).
NAB has entered into a Qualified Subsidiary Assumption Agreement, Qualified Subsidiary Tax Matters Assumption Agreement, Qualified Subsidiary Confidentiality Agreement, Qualified Subsidiary Standstill Agreement and an Assumption Agreement of NAB Nordamerika Beteiligungs Holding GmbH, each in accordance with the provisions of the Stockholders' Agreement and certain other agreements.
Marketing and each New Subsidiary shall have executed and delivered a Subsidiary Assumption Agreement (a "Subsidiary Assumption Agreement") substantially in the respective forms of Exhibits B and C hereto thereby becoming an obligor in respect of a portion of the Mortgage Notes and the Company's 11 1/8% Senior Notes due June 8, 2007 (all as more particularly described in Exhibits B and C).
Manufacturing, Marketing and each New Subsidiary shall have executed and delivered a Subsidiary Assumption Agreement (a "Subsidiary Assumption Agreement") substantially in the form attached to or otherwise provided for in, the Senior Note Amendments thereby becoming an obligor in respect of a portion of the First Mortgage Notes (in the case of the Facilities Operating Subsidiaries) and the 11 1/8% Senior Notes.
As of the Effective Time the Facilities Operating Subsidiaries will each be a duly organized and validly existing corporation and in good standing under its jurisdiction of incorporation with all requisite corporate power and authority to own and operate its properties, to conduct its business as proposed to be conducted and to enter into and perform its obligations under the Subsidiary Assumption Agreement to which it is a party.