HASF definition
Examples of HASF in a sentence
Effective as of the Closing, the designees of AIC to the Board of Managers of each of HAH and HASF shall resign.
HASF hereby agrees that, effective as of the Closing, (i) the indemnification provided to such designees under Section 5.6 of the HASF Operating Agreement shall survive such resignations and any subsequent amendment of the HASF Operating Agreement, and (ii) AIC shall have no obligation or liability, in respect of capital contributions or otherwise, to HASF.
If HASF or HAH shall desire to dispose of any of such books and records prior to the expiration of such six-year period, it shall, prior to such disposition, give AIC a reasonable opportunity, at AIC's expense, to segregate and remove such books and records as AIC may select.
Other than pursuant to the HAH Operating Agreement and the HASF Operating Agreement, AIC has the unrestricted power and authority to transfer the Equity Interests to PTSC.
Upon delivery to PTSC of the Equity Interests and payment therefor in the form of the execution and delivery of the New PTSC Note, PTSC shall acquire good and valid title to such Equity Interests, free and clear of all Liens, other than those created by PTSC, the HAH Operating Agreement, the HASF Operating Agreement and the Existing Credit Agreement.
Such access shall be afforded by HASF and HAH upon receipt of reasonable advance notice and during normal business hours.
AIC shall be solely responsible for any costs or expenses incurred by it pursuant to this Section 6.15, and shall promptly reimburse HASF and HAH for any reasonable documented costs or expenses incurred by them pursuant to this Section 6.15.
The term "confidential information" is used in this Section 6.5(b) to describe information which is confidential, non-public or proprietary in nature, and relates either directly or indirectly to HAH or HASF, the business of HAH or HASF or any member of HAH or HASF, but excluding information relating to AIC's ownership interest in HAH or HASF.
For a period of six (6) years after the Closing Date AIC and its representatives shall have reasonable access to all of the books and records of HASF and HAH to the extent that such access is reasonably required by AIC in connection with its ownership interest in HASF or HAH prior to the Closing Date.
Except for the Liens created by the HAH Operating Agreement, the HASF Operating Agreement and the Existing Credit Agreement, AIC owns, beneficially and of record, the Equity Interests and the PTSC Note, free and clear of all Liens.