UK Parent definition
Examples of UK Parent in a sentence
Concurrently, and subject to the limitations of Section 8.5, TW UK shall, immediately prior to such purchase and redemption of the Mirror Preferred Stock by UK Parent, redeem the Mirror Notes and the Mirror PIK Notes.
To the extent that Transworld and/or UK Parent defaults on such obligations, TW UK shall be absolutely and unconditionally obligated to pay the Series A Purchase Price, in immediately available funds in full on the Holders' Redemption Purchase Date, and shall not be entitled to set off any claim of any kind which Transworld, UK Parent or TW UK may have against anyone whether arising under or by reason of this Agreement, the other Transaction Documents or for any other reason of any kind.
Serial No.of Purch.Order Serial No.of Receipts User (purchase) User (sales) User (warehouse) Status of Comm.
The Company shall furnish all information concerning the Company and the Company Subsidiaries as may be reasonably requested in connection with the preparation, filing and distribution of the UK Parent Circular.
UK Parent and TW UK are hereinafter referred to collectively as the "Corporate Group." All capitalized terms which are used but otherwise defined herein shall have meanings specified in the Agreement.
The U.K. Parent and each of the U.K. Guarantors shall have entered into an amendment to the U.K. Guaranty in substantially the form of Exhibit B hereto.
The "PIK Note Redemption Price" shall mean the aggregate principal amount of the PIK Notes called for redemption by UK Parent, plus a cash payment equal to the sum of any and all accrued and unpaid interest on the PIK Notes to be redeemed up to and including the date of redemption.
The Purchasers shall have received certificates, dated as of the Closing Date, of the Chief Financial Officer of each of Transworld, UK Parent and TW UK certifying that each of Transworld, UK Parent and TW UK, respectively, is not, and will not be as a result of the consummation of the transactions contemplated by this Agreement or the other Transaction Documents, Insolvent.
Unless payment of the amount due to be repaid has already been made in accordance with Section 4 above, upon such delivery, UK Parent shall pay to the Payee the amount payable to him in respect of such repayment in accordance with condition 4.
Parent and Purchaser have the requisite corporate power and authority to enter into this Agreement and to consummate the Transactions, subject to the approval of the acquisition of the Company by the shareholders of ▇▇▇▇▇▇▇▇▇ plc, Parent's corporate parent (the "UK Parent"; such approval, the "UK Shareholder Approval").