Examples of Cyclone Subsea Business in a sentence
Section 5.13 of the Cyclone Disclosure Letter sets forth a correct and complete list as of the date hereof of all agreements with labor organizations, works councils, unions or associations applicable to the Cyclone Subsea Business Employees.
There are no Claims pending or, to the knowledge of Cyclone, threatened against Cyclone or any of its Affiliates before any Governmental Authority (i) seeking to prevent or delay the Closing or (ii) relating to the Cyclone Subsea Business, except in each case for such Claims as have not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect on the Cyclone Subsea Business.
So [Calo] goes out and he finds a new source, a guy named Marteen.Now, [Calo] doesn’t really change his business ways and eventually finds himself deep in debt with Marteen as well.
Section 5.9 of the Cyclone Disclosure Letter also identifies all Cyclone Owned Real Property, Cyclone Leased Real Property and Cyclone Other Real Property Rights that also are used as of the date hereof by other businesses of Cyclone or its Affiliates and describes the nature of such use by such other businesses of Cyclone or its Affiliates, and such use does not interfere with the Cyclone Subsea Business.
Section 5.9(c) of the Cyclone Disclosure Letter sets forth a correct and complete list as of the date hereof of all material owned or leased real property of Cyclone that is not being included in the Cyclone Transferred Assets but which is used by the Cyclone Subsea Business (each, a “Cyclone Joint Facility”).
Neither Cyclone nor any Cyclone Entity nor any director, manager, officer, employee, agent or other person associated with or acting on behalf of any of the foregoing, directly or indirectly, has made, offered or agreed to offer a Prohibited Payment in connection with the Cyclone Subsea Business that would cause any such entity to be in violation of the FCPA, the UK Bribery Act or any Applicable Law related to anti-corruption.
The parties will cooperate with one another, and will exchange such data and analyses as shall reasonably be necessary, in the development by each party of a plan describing, in reasonable detail, the reorganization steps it plans to undertake in anticipation of the Closing including the steps implementing the transfers of the Cyclone Subsea Business and the Storm Subsea Business to the Venture Entities (each, a “Pre-Closing Reorganization Plan”).
There are no discrimination complaints, employment-related complaints or any other kind of labor-related disputes against Cyclone or any Cyclone Entity in connection with the Cyclone Subsea Business pending before or, to the knowledge of Cyclone, threatened before any Governmental Authority, and, to the knowledge of Cyclone, no dispute respecting minimum wage or overtime Claims exists.
All utility easements, rights of access and other easements and similar rights serving the Cyclone Owned Real Property are legally enforceable to permit the operation of the Cyclone Subsea Business in substantially the manner in which the Cyclone Subsea Business is currently operated.
Neither Cyclone nor any of its Affiliates has received any notice from any Governmental Authority that the operations of the Cyclone Subsea Business are being conducted in violation of any Applicable Law or are the subject of any investigation or review pending or threatened by any Governmental Authority relating to any alleged violation.