No Property. The Guarantor shall not have interest in any property or assets other than: (i) the holding of ownership interests in other Subsidiaries, (ii) receivables owing from the Canadian Borrower or other Subsidiaries and (iii) cash on hand.
No Property. The Company does not have any legal or equitable right, estate or interest in any land or buildings and does not use or occupy any land or buildings.
No Property. No property shall be jointly acquired, held, or distributed by and between the parties as part of this agreement.
No Property. No property will be acquired, held, used, or disposed of in connection with this Agreement.
No Property. Right No appointment shall create any right, interest, or expectancy in any other appointment beyond its specific terms, except as provided in Article 13 2, and Article 15 5
No Property. Lease shall have a term extending beyond the Expiry Date, unless RfL agrees otherwise.
No Property. Except as set forth on Schedule 8.20, ----------- Leasco does not (a) own or lease any real property or (b) own or lease any personal property (except for the Vehicles), in each case as of the Closing Date.
No Property. The Borrower shall not permit Baytex Luxembourg to have interest in any property or assets other than: (i) receivables owing from Baytex U.S., (ii) the Luxembourg Parent Loans and (iii) cash on hand; provided that, Baytex Luxembourg shall not have aggregate cash on hand in excess of U.S.$5,000,000 (or the equivalent amount thereof in any other currency) for more than 2 Banking Days.
No Property. As of the day immediately prior to the Effective Date and continuing through the Effective Time, Holdco will not own any property other than (i) cash, (ii) accounts receivable in respect of tax refunds, (iii) other immaterial property (provided that such immaterial property is acceptable to the Offeror), and (iv) the Tendered Sterlite Shares.
No Property. The Borrower shall not permit Baytex Hungary to have interest in any property or assets other than: (i) receivables owing from Baytex U.S., (ii) the Hungary Parent Loans and (iii) cash on hand; provided that, Baytex Hungary shall not have aggregate cash on hand in excess of U.S.$100,000 (or the equivalent amount thereof in any other currency) for more than 2 Banking Days. [*Notice to Reader: the threshold amount has been marked to be unreadable]
