Examples of Transit Group in a sentence
From February, 1989 to April, 2002, Mr. Davis served as Chairman of the Board of The Transit Group, Inc.
The Borrower shall at all times maintain with the Administrative Agent (or, at the option of the Administrative Agent, its agent or the Bank Administrative Agent (the "Transit Payment Account Agent")) a bank account for the members of the Transit Group (the "Transit Payment Account").
Concurrently with the delivery of the Forecast, a summary of the accounts payable agings of the Transit Group in a form reasonably acceptable to the Administrative Agent.
No member of the Transit Group shall pay or agree to pay, or reimburse any other party with respect to, any investment banking or similar or related fee, underwriter's fee, finder's fee, or broker's fee to any Person in connection with this Agreement, other than the fees payable pursuant to Section 2.08 of this Agreement.
All amounts in the Transit Payment Account (including any amounts received directly by any member of the Transit Group and which are held in trust for the Administrative Agent) shall (i) be subject to the Transit Payment Account Agent's control and (ii) if applicable, be applied to the prepayment of the Loans pursuant to Section 2.05.
The Borrower shall, directly or indirectly, own at all times 100% of the Voting Stock of each of member of the Transit Group.
Within five (5) Business Days of receipt, written notice of any notification from any surety of any member of the Transit Group concerning claims made against such surety in connection with any significant project of such member of the Track Group, and, as soon as available, and in any event within five (5) Business Days after the receipt of such notification, a copy of any such notification.
No member of the Transit Group shall make any Investment in any Person except for Permitted Investments.
No member of the Transit Group shall make or permit any Restricted Payments.
Since December 31, 2000, (a) except as set forth on Schedule 4.02 and other than the commencement of the Bankruptcy Cases, there has been no circumstance, development or event relating to or affecting the members of the Transit Group which has had or would be reasonably expected to have a Material Adverse Effect, and (b) except as permitted herein, no Restricted Payments have been made or declared by any Credit Party.