Examples of Buyer Subsidiary in a sentence
Neither Buyer nor any Buyer Subsidiary nor any of their respective officers or directors has employed any broker, finder or financial advisor or incurred any liability for any broker’s fees, commissions or finder’s fees in connection with the Acquisition or the other transactions contemplated by this Agreement.
Except in each case as, individually or in the aggregate, would not reasonably be expected to have a Buyer Material Adverse Effect, Buyer Parent and each Buyer Subsidiary (a) are in compliance with all Environmental Laws, (b) have all Environmental Permits necessary to conduct their current operations and (c) are in compliance with their respective Environmental Permits, all of which are in good standing.
Additional Buyer Subsidiaries may accede to the APMSA by entering into an accession letter (substantially in form set out in the APMSA) with the Platform Provider and the Buyer Parent, and an existing Buyer Subsidiary may cease to be a “Buyer Entity” for the purposes of the APMSA if the Platform Provider or Buyer Parent provides written notice to such effect and subject to the terms of the Agency and Account Bank Agreement.
The Buyer acknowledges that the policies and insurance coverage maintained on behalf of the Business are part of the corporate insurance program maintained directly or indirectly by the Seller (such policies, the “Corporate Policies”), and, after the Closing, such coverage will not be available to the Business or the Buyer or any Buyer Subsidiary.
Buyer Parent and each Buyer Subsidiary, as applicable, is in possession of title insurance policies or valid marked-up title commitments evidencing title insurance with respect to each Buyer Property.