Examples of Cott Group in a sentence
Nothing in this Section 11 prohibits either party from disclosing any information to members of the Cott Group or Crown Group, as the case may be, or to their respective professional advisors.
Promptly upon receipt thereof, a copy of any other report or "management letter" submitted by independent accountants to a member of the Consolidated Cott Group in connection with any annual, interim or special audit of the books of the Consolidated Cott Group.
The consolidated Shareholders' Equity of the Consolidated Cott Group shall be greater than or equal to (a) $115,000,000, plus (b) a cumulative amount, determined at the end of each fiscal year, commencing with the fiscal year ending January 1, 2000, equal to 75% of Net Income earned by the Consolidated Cott Group during each such fiscal year (with no reductions for any losses incurred during any fiscal year).
The Consolidated Cott Group shall maintain a Fixed Charge Coverage Ratio of not less than (a) 0.7 to 1.0 as of the last day of each fiscal quarter occurring on or prior to January 1, 2000, (b) 0.8 to 1.0 as of the last day of each fiscal quarter occurring on or prior to December 30, 2000, (c) 0.9 to 1.0 as of the last day of each fiscal quarter occurring on or prior to December 29, 2001 and (d) 1.0 to 1.0 as of the last day of each fiscal quarter occurring thereafter.
Within thirty (30) days following the end of each fiscal year, beginning with the fiscal year ending January 1, 2000, an annual budget of the Consolidated Cott Group containing, among other things, pro forma financial statements and projected loan usage and excess availability under the Credit Agreement for the next fiscal year.
The provisions of this Article are solely for the benefit of the Agents and the Lenders and none of the members of the Consolidated Cott Group shall have any rights as a third party beneficiary of the provisions hereof.
However, the Cott Group may not state or imply that any particular formula is RC Cola, Diet-Rite, or any other branded product of RCC.
The proceeds of the Loans hereunder will be used solely (a) for repayment of certain amounts of existing Funded Debt of the Consolidated Cott Group to the extent permitted under this 95 102 Agreement, (b) for general corporate and working capital purposes of each Borrower in the ordinary course of business and (c) as otherwise permitted under this Agreement.
The financial statements delivered pursuant to this Section 7.1(b) will have been prepared in accordance with U.S. GAAP and will present fairly the consolidated and consolidating financial condition, results of operations and cash flows of the Consolidated Cott Group as of the date thereof.
All references herein to the Cott Group shall be deemed to be references to each member of the Cott Group and to all members of the Cott Group collectively.