Examples of Tower Business in a sentence
Lxxx Mxxxx Tower Business interruption insurance is only for a period of not less than 12 months with an extended period of indemnity of 12 months.
To the best of Seller's current, actual knowledge, there ---------- is no litigation against or affecting the Property or Tower Business and Seller is not subject to or in default of any continuing court or administrative order, judgment, writ, injunction, or decree applicable specifically to Seller, the Tower Business or the Property.
To the Seller's knowledge, no fact or condition exists regarding the Tower Business or the Assets that could lead to any environmental liability of Seller or Purchaser, and no action, suit, proceeding, hearing, investigation, charge, complaint, claim, demand, or notice has been filed or commenced against Seller alleging any failure so to comply.
Seller has complied in all material respects with all Applicable Laws except where the failure to comply would not have any material adverse effect on the Assets or the Tower Business taken as a whole or on the ability of the parties to consummate the transactions contemplated by this Agreement.
Seller shall offer continuation coverage to each employee of Seller and such employee's dependents, if applicable, who ceases to be employed by Seller as a result of the sale of the Assets and Tower Business.
If an employee does not understand a particular law or how it applies, the employee should seek appropriate guidance from the Company's Chief Executive Officer.
To the best of Seller's current, actual knowledge, except ----- for liens and encumbrances that (i) will be paid in full from the Purchase Price proceeds or (ii) do not materially affect the Buyer's ability to operate the Tower Business, Seller has good and indefeasible title to the Property.
There is no Litigation in progress or, to Seller's knowledge, threatened against or related to Seller, the Assets or the Tower Business, nor does Seller know of any basis for same, which would individually or in the aggregate have a material adverse effect on Seller, the Assets or the Tower Business.
Use the proceeds of all Loans solely for working capital, land acquisitions, Acquisitions permitted hereunder, the acquisition of any assets used in the Core Businesses (but excluding any assets used solely in connection with the Tower Business) and other general corporate purposes of the Borrower and its Restricted Subsidiaries.
Seller possesses all licenses, franchises, permits, zoning variances, and other authorizations sufficient for the conduct of the Tower Business as it is currently being conducted.