EOH definition
Examples of EOH in a sentence
Neither EOH nor EGI has received any written notice of any violation and there are no such violations, of any employment, environmental, or other regulatory law, order, regulation, or requirement relating to the Management Business which, individually or in the aggregate, would have a material adverse effect on the condition, financial or otherwise, or on the earnings, assets, business affairs or business prospects of the Management Business.
EOH is the successor owner to all portions of the Management Business previously owned by its subsidiary entities, Equity Captial Holdings, L.L.C. and Equity Office Properties, L.L.C.
Neither EOH nor EGI is a foreign person, foreign corporation, foreign partnership, foreign trust or foreign estate (as defined in the Code), and none of them is, therefore, subject to the provisions of the Code relating to the withholding of sales proceeds to foreign persons.
Each of EOH and EGI is the sole owner of the Management Business to be contributed by it and has not pledged, assigned, hypothecated or otherwise encumbered such Management Business.
A true and correct copy of all of the contracts or other written understandings, to which each of EOH and EGI is a party or by which EOH and EGI is bound that relate to its Management Business except for contracts or understandings that are not material to the business and operations of the Management Business (collectively, the "Management Contracts") has been delivered to or made available to the Operating Partnership.
The execution, delivery and performance of this Contribution Agreement by each of EOH and EGI has been duly and validly authorized by all necessary action of each of them.
Each of EOH and EGI currently has in place public liability, casualty and other insurance coverage with respect to the Management Business as is usual and customary for the conduct of similar businesses.
Each of EOH and EGI has been and will be solvent at all times prior to and immediately following the transfer of the Management Business to the Operating Partnership.
Each of EOH and EGI acknowledges its understanding that the offering and sale of the Units to be acquired pursuant to the Contribution Agreement are intended to be exempt from registration under the Act.
In addition, EOH and EGI hereby agree to indemnify and hold harmless the Operating Partnership from and against any and all Losses asserted against, imposed upon or incurred by the Operating Partnership as a result of its ownership or operation of the Management Business but only to the extent that such Losses are attributable to the period prior to the Closing Date.