Current Owners definition
Examples of Current Owners in a sentence
In addition, one or more of the Current Owners may acquire all or part of the other Current Owner’s rights and ownership in the Company without the consent of the Agency.
Notwithstanding anything contained to the contrary herein, the Current Owners may transfer all or any part of their interests in the Company to members of their respective immediate families (or trusts for the benefit of such immediate family members) without the consent of the Agency.
The Agency’s consent shall also not be required in connection with an initial public offering provided that at least one of the Current Owners remain in day to day control of the Company.
Notwithstanding anything in the Recapitalization Agreement to the contrary, the representations and warranties of the Current Owners set forth in subsection 5.17B shall, solely for purposes of this Agreement, survive the Closing Date for the benefit of Lenders.
Warranty Extension for Current Owners and Lessees of Class Vehicles Effective on the Effective Date, PCNA will extend its New Car Limited Warranties (“NCLWs”) applicable to the Settlement Class Vehicles, to cover a percentage of the cost of a Covered Repair (parts and labor), by an authorized Porsche dealer, during a period of up to six (6) years or eighty thousand (80,000) miles (whichever occurs first) from the vehicle’s In-Service Date (hereinafter, the “Warranty Extension”).