Examples of Holding Companies in a sentence
No action or inaction of the Seller, the Business, Holding Companies or Company Subsidiaries would reasonably be expected to entitle any landlord or any other party to exercise any right of entry, right to forfeiture, right to take possession or right to terminate any Holding Company’s or Company Subsidiary’s continued sole and exclusive possession and occupation of the Leased Real Property.
Each of the Holding Companies and Company Subsidiaries, as applicable, has a valid and binding leasehold interest in the Leased Real Property, in each case free and clear of any Lien other than Permitted Liens.
All such Tax Returns are accurate and complete in all material respects, and all material Taxes due and owing by the Seller and its Affiliates (in respect of the Business), the Business, the Holding Companies or the Company Subsidiaries (whether or not shown on such Tax Returns), and including, for the avoidance of doubt, withholding Taxes, have been paid or withheld when due.
Except as set forth in Section 4.24(a) of the Seller Disclosure Letter, none of the Seller or its Affiliates (in respect of the Business), the Business or any of the Holding Companies or Company Subsidiaries has any material Liability to any customer in respect of any Product failing to conform to product specifications or warranties that is not reserved against in the Most Recent Financial Information.
From and after the Closing, the Purchaser shall cause the applicable Holding Companies or Company Subsidiaries during the ninety (90)-day period following the Closing to provide, any required notice under the WARN Act and to otherwise comply with the WARN Act and such other Law with respect to any “plant closing” or “mass layoff” (as defined in the WARN Act) or group termination or similar event affecting Company Continuing Employees and occurring on or after the Closing Date.