Flytex definition
Examples of Flytex in a sentence
Prior to the Closing, Nexans shall ensure that no Tax indemnity agreement, Tax allocation agreement or Tax sharing agreement is in force and effect with respect to any of Nexans Portugal, Hi-Wire, German Newco or Flytex and that no such Nexans Party shall have any liability as of the Closing Date under any such agreement.
Prior to the Closing, Flytex and Nexans Wires shall enter into the Chauny Lease.
The representations and warranties included in Sections 3.1.1(c) (with respect to the ownership of the Hi-Wire Shares, the Nexans Portugal Shares, the German Newco Shares and the Flytex Shares), 3.1.7(b), 3.1.28, 3.1.29, 3.2.1(c) (with respect to the ownership of the Essex UK Shares and the Essex Pension Trustee Shares), 3.2.7(b) and 3.2.29 shall have no expiration date.
Prior to the date hereof, Nexans Wires has, pursuant to the terms and conditions of the contribution agreement attached hereto as Exhibit 3.1.28 (the “French Spin-Off Agreement”), conveyed, transferred and assigned to Flytex all of its right, title and interest in and to the assets and liabilities of the French Winding Wires Division in exchange for 871,875 shares of Flytex as provided therein (the “French Spin-Off”).
Participations owns all of the Flytex Shares, free and clear of all Encumbrances.
On June 17, 2005, Flytex was converted to a société par actions simplifiée.
Immediately prior to the consummation of the French Spin-Off, Flytex did not have any liabilities or obligations of any nature, whether known or unknown, accrued or hereafter arising, absolute or contingent.
The JV Holding Company shall have received resignations, effective as of the Closing Date, of the directors of the JV Holding Company, German Newco, Flytex, Hi-Wire and Nexans Portugal identified on Exhibit 5.2.6, and the persons designated by Essex to be directors shall have been appointed.