HGHC definition
Examples of HGHC in a sentence
Parent and HGHC agree to treat the Merger as a sale of assets of HGHC for income tax purposes and to take all actions reasonably necessary to effect such result.
The Allocation shall be based upon and consistent with the fair market values of the assets of Joliet as determined by a third party independent appraiser experienced in the valuation of similar businesses selected by Parent and approved by HGHC, which approval shall not be unreasonably withheld.
HGHC shall cooperate with the Buyers and their officers, directors, employees, attorneys, accountants and other agents and do such other acts and things in good faith as may be necessary to timely effectuate the purposes of this Agreement.
HGHC shall have thirty (30) days after receipt of the Closing Statement from Surviving Corporation (the "Dispute Period") to dispute any of the elements of the Closing Statement (a "Dispute").
The cost of the Title Policies and the Required Title Policy Endorsements shall be for the account of HGHC.
Following receipt of such list, HGHC and Parent agree that the Bonus Escrow shall be paid to each of such persons in the respective amount set forth opposite such employee's name on Schedule 6.02 in accordance with the terms of the Bonus Escrow Agreement.
Joliet qualifies as, and HGHC has properly made an election to treat Joliet as, a qualified subchapter S subsidiary within the meaning of Section 1361(b)(3)(B) of the Code, and such election has been effective for the entire time that HGHC has owned shares of Joliet.
If HGHC does not give written notice of a Dispute (a "Dispute Notice") within the Dispute Period to Parent, then the Closing Statement shall be deemed to have been accepted and agreed to by HGHC in the form in which it was delivered by the Surviving Corporation and shall be final and binding upon the parties hereto.
HGHC agrees (i) that the consummation of the transactions contemplated by this Agreement will result in the payment of the entire account balance under the Horseshoe Gaming Holding Corp.
To the extent that HGHC disagrees with the amount determined by the Buyers under the immediately preceding sentence the dispute shall be submitted to arbitration pursuant to Section 12.04.