HWL definition
Examples of HWL in a sentence
For purposes of this Agreement, “Permitted Encumbrances” means (a) liens for taxes, assessments or government charges not yet due and payable or the amount or validity of which is being contested in good faith by appropriate proceedings and which are subject to reasonable reserves, all as listed on Schedule 5.4, attached hereto; and (b) any Encumbrances contemplated under the Club Notes and Security Agreement in favor of the Seller, HWL, and Family Dog.
As none of the Directors has any material interest in the Master Agreement and the transactions contemplated thereunder, no Director was required to abstain from voting on the Board resolutions passed to approve the entering into the Master Agreement with HWL.
At the Closing, HWL-3 LLLP, a Colorado limited liability limited partnership (“HWL”), and Family Dog LLC, a Colorado limited liability company (“Family Dog”) will enter into an Indemnification Guaranty Agreement in a form agreed to by the Parties (the “Indemnification Guaranty Agreement”), under which HWL and Family Dog will guaranty the financial obligations of the Seller under Article 11 of this Agreement.
If requested by the Representatives, an opinion of ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇ LLP, counsel for the Company, together with the opinion of HWL Ebsworth, Australian counsel for the Company, each in form and substance reasonably satisfactory to the Underwriters, dated such Date of Delivery, relating to the Option Securities to be purchased on such Date of Delivery and otherwise to the same effect as the opinion required by Section 5(b) hereof.
The amount of the Loss or of any payment to be made by OTH pursuant to this Clause 8.4 or any other provision of this Clause 8 shall be equal to, and shall in no circumstances exceed, the amount which the Purchaser or HWL would otherwise have been entitled to recover from the Seller under the terms of this Agreement.