Examples of Transaction Companies in a sentence
Preliminary Environmental and Social AssessmentPart A of the Form Varies for Project Companies, Transaction Companies and Advisory Companies.
In addition, TRW will pay that portion of any income or similar Tax for the Transaction Companies (including Taxes in Texas and Ohio) due for a Tax period ending after the Closing Date to the extent such Tax is measured by gain or income recognized on account of the Section 338(h)(10) Election or the transfer of Acquired Assets.
With respect to the Business, neither TRW, the Partnership nor the Transaction Companies have made any payment, are obligated to make any payment, or are a party to any agreement that could obligate them to make any payments that will not be deductible under Code section 280G or subject to the excise tax of Code section 4999 by reason of the change in control contemplated by this Agreement (but not including any representation with respect to any other change in control, including that of TRW).
Furthermore, no actions, proceedings (judicial or administrative) are currently pending against any of the Transaction Companies concerning any such alleged violation.
The Transaction Companies have all Permits and qualifications that are necessary for the conduct of the Businesses and/or the ownership and operation of the Purchased Assets.
The copies of the Articles of Association and other constitutive documents of each of the Transaction Companies which have been furnished to Purchaser within the framework of Purchaser's due diligence investigations are true and accurate copies thereof, and that same have not been amended or modified except as disclosed in writing to Purchaser.
The Transaction Companies will not use the TRW name or Trademark, except as authorized in accordance with the Trademark Agreement.
The Seller is the indirect owner of the Transaction Companies in the percentages set out in the schedule headed "Subsidiaries and Associated Companies".
Any powers of attorney with respect to Taxes of the Partnership or the Transaction Companies currently in force will be terminated effective as of the Closing.
Notwithstanding the provisions of Section 9.1(a) hereof, the Transaction Companies will be obligated to indemnify, defend, and hold TRW and its subsidiaries harmless from or against any Losses arising out of a misrepresentation or breach of warranty by the Purchaser only if, and then to the extent, the aggregate amount of all timely claims exceed Two Million Dollars ($2,000,000).