Examples of Global Parent in a sentence
Lenders shall have received from Global Parent (i) Historical Financial Statements, (ii) pro forma consolidated balance sheets of the Loan Parties as at the Closing Date, and reflecting the consummation of the Transactions contemplated to occur on or prior to the Closing Date, which pro forma financial statements shall be in form and substance satisfactory to each Agent, and (iii) the Projections.
With respect to all indemnification obligations of Lessee hereunder (or of a GSI Financing Subsidiary under a Severed Lease), Lessee, at its election, may elect to have Global Parent provide such indemnities in lieu of Lessee (or the applicable GSI Financing Subsidiary), and in connection therewith execute an indemnity reasonably acceptable to Lessor and Sprint, and upon execution of same, Lessor will acknowledge that Lessee is relieved of all indemnification obligations hereunder.
Any projections and pro forma financial information contained in such materials are based upon good faith estimates and assumptions believed by Global Parent and Lead Borrower to be reasonable at the time made, it being recognized by Lenders that such projections as to future events are not to be viewed as facts and that actual results during the period or periods covered by any such projections may differ from the projected results and such difference may be material.
Global Parent agrees that if Lessee defaults at any time during the Term of this Agreement in the performance of any of the Lessee Obligations, Global Parent shall faithfully perform and fulfill all Lessee Obligations that involve payment of a fixed sum and shall pay to the applicable beneficiary all attorneys' fees, court costs, and other expenses, costs and disbursements incurred by the applicable beneficiary on account of any default by Lessee and on account of the enforcement of this guaranty.
There are no facts known (or which should upon the reasonable exercise of diligence be known) to Global Parent or Lead Borrower (other than matters of a general economic nature) that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect and that have not been disclosed herein or in such other documents, certificates, and statements furnished to Lenders for use in connection with the transactions contemplated hereby.
Global Parent knows of no proposed Tax assessment against any Loan Party or any of its Subsidiaries (excluding the Excluded Entities) with respect to a material amount of Tax which is not being actively contested by such Loan Party or such Subsidiary (excluding the Excluded Entities) in good faith and by appropriate proceedings; provided, that such reserves or other appropriate provisions, if any, as shall be required in conformity with GAAP shall have been made or provided therefor.
The Promoter holds 80% of the voting share capital of the Acquirer, while HT Global Parent B.V. holds 20% of the voting share capital and 100% of the non-voting share capital of the Acquirer.
Xxxxx, Xx. If to Lessee or Global Parent, to: c/o Global Signal Inc.
Each Loan Party hereby (a) acknowledges and reaffirms its obligations owing to Agent and each Lender under each Loan Document to which it is a party (including, in respect of Global Parent, its Guaranty of the Obligations), and (b) agrees that each of the Loan Documents to which it is a party is and shall remain in full force and effect.
Lessor, Sprint, Lessee and Global Parent are sometimes individually referred to in this Agreement as a "PARTY" and collectively as the "PARTIES".