No Intercompany Accounts Sample Clauses

No Intercompany Accounts. Prior to the Closing Seller shall pay, distribute, release or otherwise eliminate any and all intercompany debt or accounts between the Existing Venture and Seller or any Affiliate of Seller.
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No Intercompany Accounts. Except for the Sweep Account Payable, Seller Representative shall cause the intercompany accounts receivable or payable (whether or not currently due or payable) between any Company, on the one hand, and any Seller, any of its Affiliates or any of the directors, officers or employees of such Seller or any of its Affiliates, on the other hand, to be settled in full (without any premium or penalty or ongoing liabilities or obligations) prior to the Closing. Prior to the Closing, Seller Representative shall advise Purchaser Representative as to the approximate amounts of all such intercompany accounts and the methods of settlement thereof.
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No Intercompany Accounts. The Parties agree that there are no intercompany accounts outstanding between the Company and BIMI Sub or any of BIMI Sub’s subsidiaries.
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No Intercompany Accounts. After giving effect to the Closing, none of the Acquired Entities, on the one hand, and Seller, on the other hand, shall owe or be liable for the satisfaction of any intercompany accounts or amounts payable (or accrued) to the other, except those between or among the Acquired Entities, if any.
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No Intercompany Accounts. Prior to the Closing, Seller shall pay, distribute, release or otherwise eliminate any and all intercompany debt or accounts between the Existing Venture and Seller or any Affiliate of Seller.
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No Intercompany Accounts. 33 4.36 CoreWest Employees............................................. 33 4.37 Conduct Prior to Closing....................................... 33 4.38
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Related to No Intercompany Accounts

  • Intercompany Accounts 6 Section 3.05.

  • Settlement of Intercompany Accounts Each Intercompany Account outstanding immediately prior to the Effective Time, will be satisfied and/or settled in full in cash or otherwise cancelled and terminated or extinguished by the relevant members of the Ensign Group and the Pennant Group prior to the Effective Time, in each case, in the manner agreed to by the Parties.

  • Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

  • Financial Accounts Exhibit E, as may be updated by the Borrower in a written notice provided to Agent after the Closing Date, is a true, correct and complete list of (a) all banks and other financial institutions at which Borrower or any Subsidiary maintains Deposit Accounts and (b) all institutions at which Borrower or any Subsidiary maintains an account holding Investment Property, and such exhibit correctly identifies the name, address and telephone number of each bank or other institution, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Management Accounts The Management Accounts:

  • Retirement Accounts With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, Xxxx IRAs, Education IRAs, and 403(b) Plans (such accounts, “Retirement Accounts”), the Transfer Agent, at the request and expense of the Fund, provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial agent services such as account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"):

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

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