Company LCs definition

Company LCs means all letters of credit, performance bonds, guarantees in lieu of letters of credit and performance bonds and other similar contractual obligations entered into by any Seller or any of Sellers' Affiliates (except the Companies) on behalf of or for the benefit of any of the Companies. 1. 42....."Company Owned Real Property" means the Company Real Property owned by the Companies.
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Examples of Company LCs in a sentence

  • At or prior to the Closing, Buyer shall arrange for substitute letters of credit, performance bonds, Buyer guarantees in lieu of letters of credit or performance bonds and other similar obligations to replace (a) all Sellers' LCs and Company LCs outstanding as of the date of this Agreement and (b) all Sellers' LCs and Company LCs entered into in the ordinary course of business consistent with past practice on or after the date of this Agreement and prior to the Closing.

  • Section 3.19 of the Seller Disclosure Schedule contains a true, correct and complete list of all Sellers' LCs and Company LCs in effect on the date of this Agreement.

  • LC agrees that, subject to Company’s privacy policies, Company may obtain, record, use, hold, transfer, dispose of and otherwise process other Company LCs, affiliates and third parties personal and business information as may be necessary to enable Company to fulfill its obligations under the Agreement, or which Company determines is important to support its business operations.