Examples of GMACCH Companies in a sentence
The GMACCH Companies have in full force and effect, with all premiums due thereon paid, the policies of insurance set forth therein.
Investor, on the one hand, and Parent and Seller, on the other hand, shall cooperate with each other and shall cause their respective officers, employees, agents and representatives to cooperate with each other for a period of sixty days after the Closing to provide for an orderly transition of the GMACCH Companies to Investor and to minimize the disruption to the respective businesses of the Parties hereto resulting from the transactions contemplated hereby.
Parent and the Company jointly shall represent the interests of the GMACCH Companies in any Legal Proceeding relating to any Straddle Period for which each party may have Tax Liability.
Each of the GMACCH Companies is duly qualified to do business and in good standing (to the extent such concepts or equivalent concepts are recognized in such jurisdictions) in all jurisdictions in which its ownership of property or the character of its business requires such qualification, except where the failure to so qualify or to be in good standing would not materially and adversely affect the Commercial Capital Business.
Investor or the Company shall include with such notification a true, correct and complete copy of any written communications, and an accurate and complete written summary of any oral communications, so received by any of the GMACCH Companies.
During the period of preparation of the Anticipated December Financial Data, Seller shall cause the GMACCH Companies to provide Investor and its authorized representatives with full access during normal business hours to all relevant books, records, workpapers, facilities and employees of the GMACCH Companies.
All such Tax Returns to the extent related to the GMACCH Companies shall be prepared and filed in a manner consistent with prior practice, except as required by a change in applicable law.
The Company shall, and shall cause each of the GMACCH Companies to, execute such documents and take such actions as shall be reasonably requested by Parent to cause each of the GMACCH Companies designated by Parent to be included in any Combined Return (whether it relates to a Pre Closing Taxable Period or a Straddle Period).
Parent and Seller shall promptly forward or cause to be forwarded to a GMACCH Company any and all proceeds from accounts receivable of the GMACCH Companies existing on the Closing Date that are received by Seller or its Affiliates after the Closing Date.
The Investor, Seller and the Company shall cooperate in good faith to permit an investment by the members of management of the GMACCH Companies as contemplated by Section 4.1(e) in the form of a direct purchase of newly issued Common Stock from the Company at the Closing.