Transaction Companies definition
Examples of Transaction Companies in a sentence
Asbestos Abatement, Berkeley Center, Berkeley, California, prepared by IVI on behalf of Transaction Companies, Ltd.
Upon the resignation at Closing of all the managing directors of the Transaction Companies nominated by Vendors, there shall be no valid and outstanding powers of attorney with respect to any Transaction Company.
Transaction Companies are reflected properly on their Books and Records, are valid receivables (excluding provisions for doubtful debts) which as at the Closing Date are not subject to setoffs or counterclaims pending at the Closing Date, are current and collectible, and are capable of being collected in accordance with their terms at their recorded amounts, subject only to the reserve for bad debts set forth on the face of the Final Closing Accounts.
The Purchaser shall notify Vendors in writing not less than 5 (five) Business Days prior to the Closing the exact amount of cash-in-hand which it wishes to retain in the Transaction Companies in excess of the tenant deposits, and Vendors shall withdraw all remaining cash-in-hand (excluding tenant deposits).
The Transaction Companies undertake to pay or procure the payment of the Consent Fee with respect to each Eligible Restricted Debt Instrument which has validly been made subject to the terms of the RSA by a Consenting Creditor, on or prior to the Restructuring Effective Date, as a condition of the relevant Approved Restructuring Process by way of a transfer via the Clearing Systems.
None of the Transaction Companies has any Liability, Indebtedness, obligation, expense, claim, deficiency, guaranty or endorsement of any type (whether asserted or unasserted, whether absolute or contingent, whether accrued or un-accrued, whether liquidated or un-liquidated, and whether due or to become due), except for those set forth on the face of the Financial Statements, individually or in the aggregate, and those which have arisen after the date hereof in the ordinary course of business.
All Tax sharing agreements, policies, arrangements and practices between TRW or any of its affiliates and the Partnership or the Transaction Companies will terminate as of the Closing Date and will have no further effect for any taxable year (whether the current year, a future year, or a past year).
The Bank maintains a prudent liquidity risk level, implements a prudent coordinated liquidity risk management strategy, and effectively identifies, measures, monitors and controls liquidity risk by gap management, stress testing, emergency drills and qualified premium liquid assets management.
Prior to the Closing, TRW and its subsidiaries will have terminated all arrangements, contracts, obligations, liabilities and understandings with each of the Transaction Companies other than this Agreement and the Other Agreements.
The authorized, issued and outstanding capital stock of each of the Transaction Companies is as set forth in the Rights Acquisition Schedule.