Fortune Brands definition
Examples of Fortune Brands in a sentence
Upon payment in full by the Company of any Obligation of Fortune Brands UK, each Lender shall, in a reasonable manner, assign to the Company the amount of such Obligation owed to such Lender and so paid, such assignment to be pro tanto to the extent to which the Obligation in question was discharged by the Company, or make such disposition thereof as the Company shall direct (all without recourse to any Lender and without any representation or warranty by any Lender).
In order to induce the Lenders to extend credit to Fortune Brands UK hereunder, the Company hereby irrevocably and unconditionally guarantees, as a primary obligor and not merely as a surety, the Obligations of Fortune Brands UK.
The Company further agrees that the due and punctual payment of the Obligations of Fortune Brands UK may be extended or renewed, in whole or in part, without notice to or further assent from it, and that it will remain bound upon its guarantee hereunder notwithstanding any such extension or renewal of any Obligation.
The Company waives presentment to, demand of payment from and protest to Fortune Brands UK of any of the Obligations, and also waives notice of acceptance of its obligations and notice of protest for nonpayment.
Fortune Brands will cause to be performed and hereby guarantees the performance of all actions, agreements and obligations set forth herein to be performed by any Fortune Brands Party.
Fortune Brands UK shall give notice to the Administrative Agent of any appointment of successor agents for service of process, and shall obtain from each successor agent a letter of acceptance of appointment and promptly deliver the same to the Administrative Agent.
As an alternative method of service, Fortune Brands UK also irrevocably consents to the service of any and all process in any such action or proceeding by the mailing of copies of such process to it at its address specified in Section 10.01.
Such service may be made by mailing or delivering a copy of such process to Fortune Brands UK in care of the Process Agent (or any successor thereto, as the case may be) at such Process Agent’s above address (or the address of any successor thereto, as the case may be), and Fortune Brands UK hereby irrevocably authorizes and directs the Process Agent (and any successor thereto) to accept such service on its behalf.
This Agreement shall not be amended, modified or supplemented except by a written instrument signed by an authorized representative of each of Fortune Brands and Cabinets.
The Employer Group regards as its primary, but not exclusive, competitors the following: Masonite, Weather Shield, PlyGem, Pella, ▇▇▇▇▇▇▇▇ Windows, ▇▇▇▇▇▇ Windows, Steve’s and Sons, Fortune Brands Door Division (ThermaTru), Plastpro, Lynden Door, ▇▇▇▇▇ Bros., Woodgrain Millwork, PGT, Sierra Pacific, and ▇▇▇▇.