Examples of Transferred Railcars in a sentence
To the best of the Seller’s knowledge, all of the Transferred Railcars have been produced in compliance with the applicable requirements of the Fair Labor Standards Act, as amended from time to time, or any successor statute, and regulations promulgated thereunder.
The Seller has conveyed to the Buyer good and marketable title to the Transferred Railcars and the Transferred Leases, free and clear of all Liens (other than Permitted Liens), and such conveyance is not void or voidable under any Applicable Law.
The Seller shall reimburse Buyer for property Taxes paid or to be paid by the Buyer for any period arising out of ownership of the Transferred Railcars prior to the Transfer Date with respect thereto.
For purposes of this Agreement, “ Transferred Leases” means all current leases of any one or more railcars included in the Transferred Railcars and all other contracts for use of any one or more railcars included in the Transferred Railcars more specifically described on Schedule 1, including, without limitation, all extensions, renewals, supplements and modifications of any of the foregoing.
TRIP Holdings has conveyed to the Company good and marketable title to the Transferred Railcars and the Transferred Leases, free and clear of all Liens (other than Permitted Liens), and such conveyance is not void or voidable under any Applicable Law.
With respect to the latter, the biggest concern is increased transmission of HIV/AIDS and / or other communicable diseases.
Government’s fiscal and monetary policies have responded to keep the inflation at single digits in Rwanda on account of both demand side and supply side factors.
Any expenses incurred prior to the Closing in respect of the Transferred Railcars shall be paid by the Company Group, regardless of when such expenses are invoiced.
TRIP Holdings shall promptly pay and discharge, or cause the payment and discharge of, all federal income taxes and other material taxes of TRIP Holdings which could leave a Lien on the Transferred Railcars when due and payable by TRIP Holdings, except such as may be contested in good faith by appropriate proceedings and for which an adequate reserve has been established and is maintained in accordance with GAAP.