Examples of TCR Holding in a sentence
TCR Holding and TransContinental have caused this Assumption Agreement to be duly executed on and effective as of day and year first above written.
Notwithstanding anything in this Indenture to the contrary, (i) TARC shall not, directly or indirectly, Incur or suffer to exist any Lien on the Capital Stock of TCR Holding owned by it (other than a Lien to secure the TARC Intercompany Loan), (ii) TCR Holding may incur a Lien on Capital Stock of TransContinental to secure the TARC Working Capital Loan and (iii) TransContinental shall not be bound by this Section 4.13.
Notwithstanding anything contained herein to the contrary, neither the Company nor TCR Holding may create an encumbrance or restriction on their ability to pay premium, if any, principal of, or interest on, the TARC Intercompany Loan.
TCR HOLDING CORPORATION By: ---------------------------------- Name: Title: TRANSAMERICAN REFINING CORPORATION By: ---------------------------------- Name: Title: SCHEDULE C ASSUMPTION AGREEMENT THIS ASSUMPTION AGREEMENT is entered into this 15th day of December, 1998 by and between TCR Holding Corporation, a Delaware corporation ("Purchaser"), and TransAmerican Refining Corporation, a Texas corporation ("Seller").
In its complaint, Firstar alleges that TCR Holding Corporation ("TCR") has defaulted on the obligation it assumed from TARC under that certain promissory note issued by TARC to TEC in the face amount of $50 million and collaterally assigned by TEC to Firstar.
After the Closing Date, TCR Holding will indemnify and hold harmless TransContinental from and against any and all claims, actions, causes of action, liabilities, losses, damages, and reasonable out-of-pocket expenses and costs resulting from, arising out of or relating to, all Taxes imposed on TCR Holding or any member of the affiliated group of which TCR Holding is a member, including Taxes imposed on TCR Holding or any such member under Treas.
TCR Holding shall use its best efforts to obtain the consent of such other party to the assignment of any such Contract in all cases in which such consent is or may be required for such assignment.
Xxxxxxxx 12 If to TCR Holding, to: 14900 Xxxxx Xxxx Xxx Xxxxx, XX 00000 Attn: Glenx XxXxxxxx with copies to: Trust Company of the West 11100 Xxxxx Xxxxxx Xxxxxxxxx, Suite 2000 Los Angeles, California 90025 Attention: Nichxxxx X.
A default by Orion in its debt payment obligations could result in a foreclosure on Orion's assets and the elimination of the indirect interest therein currently held by the holders of the TCR Holding Preferred Stock and, consequently, a total loss on the TCR Holding Preferred Stock.
TCR HOLDING CORPORATION By: ----------------------------------------- Name: Title: TRANSCONTINENTAL REFINING CORPORATION By: ----------------------------------------- Name: Title: SCHEDULE C ASSUMPTION AGREEMENT THIS ASSUMPTION AGREEMENT is entered into this 15th day of December, 1998 by and between TransContinental Refining Corporation, a Delaware corporation ("Purchaser"), and TCR Holding Company, a Delaware corporation ("Seller").