Neither St. Xxx Bauxite nor the Partnership shall be liable to pay a higher rate of property tax on lands owned by St. Xxx Bauxite or the Partnership or leased to either of them, nor shall the value of any property so owned or occupied by either of them for the purposes of its bauxite mining operations be assessed on a basis different from that used for other land owners engaged in industrial or commercial operations.
Neither St. Xxxxxx Party has taken any corporate action nor (to the best of its knowledge and belief) have any other steps been taken or legal proceedings been started or threatened against either St. Xxxxxx Party for its winding-up, dissolution or reorganization or for the appointment of a receiver, receiver and manager, administrator, provisional liquidator or similar officer of it or of any or all of its assets.
Neither St. Paul xxx any of its Subsidiaries has any obligations to provide retiree health and life insurance or other retiree death benefits under any Compensation and Benefit Plan, other than benefits mandated by Section 4980B of the Code. There has been no communication to employees by St. Paul xx any of its Subsidiaries that would reasonably be expected to promise or guarantee such employees retiree health or life insurance or other retiree death benefits on a permanent basis.
Neither St. Jude nor Licensee shall use the name, trademark, service xxxx, trade name or symbol of the other party or the name of a staff member, employee, student or any affiliated physician or faculty member of the other party, or any adaptation thereof, in any advertising, promotional, or sales literature without the prior written approval of the other party.
Neither St. Paul xxx any of its Subsidiaries or properties is a party to or is subject to any order, decree, agreement, memorandum of understanding or similar arrangement with, or a commitment letter to, or extraordinary supervisory letter from, any federal or state governmental agency or authority charged with the supervision or regulation of financial institutions and trust companies (or their holding companies) or issuers of securities or engaged in the insurance of deposits (including, without limitation, the FRB, the OTS, the Commissioner, the DOJ, and the FDIC) or the supervision or regulation of it or any of its Subsidiaries (collectively, the "Regulatory Authorities").
Neither St. David’s nor MedCath Party shall be required to make any indemnification payment pursuant to Section 12.1(i) or 12.2(i), respectively, unless the aggregate of all amounts for which indemnity would be payable by such party exceeds One Million Five Hundred Thousand Dollars ($1,500,000) (the “Basket Amount”), and in such event, such party shall be responsible for only the amount in excess of the Basket Amount; provided, however, that the limitation on the liability of (i) St. David’s provided for in this Section shall not apply to any Assumed MedCath Party Liability and (ii) MedCath Party provided for in this Section shall not apply to any Excluded MedCath Party Liability or a breach of the representations set forth in Section 5.30. Neither St. David’s nor MedCath Party shall be required to make any indemnification payment pursuant to Section 12.1(i) or 12.2(i) respectively for any individual claim or matter involving Indemnified Losses of less than Ten Thousand Dollars ($10,000.00).
Neither St. Paul xxx any of its Subsidiaries maintains any compensation plans, programs or arrangements the payments under which would not reasonably be expected to be deductible as a result of the limitations under Section 162(m) of the Code and the regulations issued thereunder.
Neither St. Xxxxx nor, to the knowledge of St. Xxxxx, any employee of St. Xxxxx, has made any payment of funds of St. Xxxxx as a loan to any person for the purchase of Shares or has made any other payment of funds prohibited by law, and no funds have been set aside to be used for any payment prohibited by law.
Neither St. Luke’s nor District may assign or delegate any of its rights or obligations hereunder without the prior written consent of the other party. All of the terms and provisions of this Agreement shall be binding upon, inure to the benefit of and be enforceable by each of the parties hereto, their respective legal representatives and their permitted successors and assigns.
Neither St. Laurent nor any Material Subsidiary has any minority interest in any other corporation or entity.
