Examples of Surviving Parent in a sentence
For the purposes of this Section 6.12, the incurrence of Debt which is payable to the Parent or the Surviving Parent shall not be prohibited so long as such Debt is permitted pursuant to Section 6.15 and shall have terms which are comparable to the terms which would reasonably be expected to be obtained in an arm's-length transaction with a Person other than an Affiliate.
The Bank agrees that, in connection with any Business Combination, the Bank or the Parent will cause any successor entity to the Bank or the Parent unconditionally to assume (and, for any Surviving Parent Corporation in such Business Combination, to guarantee), by written instrument delivered to the Executive (or if the Executive dies after a Qualifying Termination, the Executive's beneficiaries or estate), all of the obligations of the Bank hereunder.
The survivor's benefit shall be payable jointly to the Eligible Surviving Parent or Parents for as long as either or both parents shall live.
Shareholders of the Disappearing Corporation shall surrender their existing share certificates for new share certificates of the Surviving Parent Corporation.
The survivor’s benefit shall be payable jointly to the Eligible Surviving Parent or Parents for as long as either or both parents shall live.