ASII definition

ASII has the meaning assigned to such term in the heading of this Agreement.
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ASII means American Standard International Inc., a Delaware corporation.
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Examples of ASII in a sentence

  • Each of Holdings, the Company and ASII further agrees that the due and punctual payment of the Obligations may be extended or renewed, in whole or in part, without notice to or further assent from it, and that it will remain bound upon its guarantee hereunder notwithstanding any such extension or renewal of any Obligation.

  • Each of Holdings, the Company and ASII waives presentment to, demand of payment from and protest to any Borrower of any of the Obligations, and also waives notice of acceptance of its obligations and notice of protest for nonpayment.

  • The obligations of Holdings, the Company and ASII hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever, by reason of the invalidity, illegality or unenforceability of the Obligations, any impossibility in the performance of the Obligations or otherwise.

  • In order to induce the Lenders to extend credit to the Borrowers hereunder, each of Holdings, the Company and ASII hereby irrevocably and unconditionally guarantees, as a primary obligor and not merely as a surety, the Obligations.

  • Each of Holdings, the Company and ASII further agrees that its obligations hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored by any Lender upon the bankruptcy or reorganization of Holdings or any Borrower or otherwise.

  • References herein to the taking of any action hereunder of an administrative nature by any Borrower shall be deemed to include references to Holdings, the Company or ASII taking such action on such Borrower’s behalf and the Agents are expressly authorized to accept any such action taken by Holding, the Company or ASII as having the same effect as if taken by such Borrower.

  • Each reference herein to the “knowledge” of Holdings, the Company, ASII or any Subsidiary shall be deemed to be a reference to the knowledge of any member of senior management of Holdings, the Company, ASII or such Subsidiary, any Financial Officer and, in the case of any reference to knowledge of any specific subject matter, the senior manager of the department or office of Holdings, the Company, ASII or such Subsidiary responsible for such matter.

  • Holdings, the Company, ASII and each Borrowing Subsidiary will, and will cause each other Material Subsidiary to, preserve and maintain its corporate existence, subject to the provisions of Section 6.03.

  • ASII hereby agrees to observe, comply with and be bound by each and every covenant and other obligation in the Indenture to which American Standard Companies Inc.

  • The probationary period shall be based upon classification as follows: ASII, ASIII, ASIV, EO six (6) months AOI, AOII, BDO, NI, NII, LIS, SLII, SLIII nine (9) months The probationary period may be extended by up to a further three (3) months by the Employer with written agreement of the Union.