Examples of Upstream Owners in a sentence
The Exchange will therefore cease to have any Non-U.S. Upstream Owners.
On the date of this Guaranty, the Upstream Owners of the Borrower and the Guarantors, and their respective direct and indirect ownership interests in the Borrower and the Guarantors, are as set forth on Schedule 3.14.
The foregoing prohibitions are not intended to prevent the individual Upstream Owners from obtaining loans unrelated to (and not secured by any interest in) Borrower and the Mortgaged Property and are also not intended to prevent Borrower from incurring reasonable and customary trade payables which are not evidenced by a promissory note, not secured by any of the Mortgaged Property and are satisfied within sixty (60) days of incurrence.
The Commission notes that the Exchange did not propose any amendments to the governing documents of its Upstream Owners.
Deutsche Börse and Eurex Frankfurt, as the Non-U.S. Upstream Owners of the Exchange, have previously taken appropriate steps to incorporate provisions regarding ownership, jurisdiction, books and records, and other issues related to their control of the Exchange.
The Commission notes that the Exchange states that these provisions will ensure any distributions by the Exchange to ISE Holdings, and subsequently to its indirect upstream owners, would not bein the activities of the Exchange.21 The 15 The Exchange also proposes to delete similar resolutions of entities that had previously been Non-U.S. Upstream Owners of the Exchange, but whose status as such has since ceased.
In addition, the resolution of each of such Non-U.S. Upstream Owners provides that the board members, including each person who becomes a board member, would so consent to comply and cooperate and the particular Non-U.S. Upstream Owner would take reasonable steps to cause its officers, employees, and agents to also comply and cooperate, to the extent that he or she is involved in the activities of the Exchange.
Given the adverse ruling on the central issues in the lawsuit, the Upstream Owners have agreed to dismiss their lawsuit against the City pursuant to the attached settlement agreement, which the Council authorized the City Attorney to negotiate in the closed session on February 2, 2009.
Longxin has stated that there are no environmental non-compliances and/or regulatory penalties issued against the above Mining Licence.
Under the Trust Agreement, the term “Person” means any individual, corporation (including not-for-profit), general or limited partnership, limited liability company, joint venture, estate, trust, association,voting interest in ISE Holdings in excess of these Ownership Limits and Voting Limits, through ownership of one of the Non-U.S. Upstream Owners, without obtaining the approval of the Commission.