Imperial Finance definition
Examples of Imperial Finance in a sentence
No authorization or approval or other action by, and no notice to or filing with, any Governmental Authority or regulatory body required for the due execution, delivery or performance by Imperial Finance of any Transaction Document to which it is a party, remains or remained unobtained or unfiled.
On March 27, 2017, the Imperial Finance & Trading, LLC (“IFT”), was served with a Third Party Complaint in which Third Party Plaintiff, Commerce Realty, is seeking common law and contractual indemnity and breach of contract damages from IFT based on a 2013 slip and fall claim of a former IFT employee.
Imperial Finance has no Subsidiaries and does not own or hold, directly or indirectly, any equity interest in any Person.
Except as set forth on Schedule 8.3(l), since March 27, 2013, there has been no material adverse change in (A) Imperial Finance’s (i) financial condition, business, operations or prospects or (ii) ability to perform its obligations under any Transaction Document to which Imperial Finance is a party, (B) any of the Collateral or (C) any of the Pledged Interests.
The principal place of business and chief executive office of Imperial Finance is located at the address set forth on Schedule 13.2 (or at such other locations, notified to the Administrative Agent in jurisdictions where all action required hereby has been taken and completed).
Imperial Finance has (a) all necessary power, authority and legal right to execute, deliver and perform its obligations under this Loan Agreement and each of the other Transaction Documents to which it is a party, and (b) duly authorized, by all necessary action, the execution, delivery and performance of this Loan Agreement and the other Transaction Documents to which it is a party.
Imperial Finance has taken reasonable measures appropriate to the circumstances, to the extent, if any, required by Applicable Law, to ensure that Imperial Finance and each Affiliate thereof is and will continue to be in compliance with all applicable current and future Anti-Money Laundering Laws.
If any value added tax or other tax is so chargeable, it shall be paid by the Obligors’ Agent or Imperial Finance or Imperial Finance 2 (as applicable) at the same time as it pays the relevant fee.
Imperial Finance is not engaged in the business of extending credit for the purpose of purchasing or carrying margin stock.
Imperial Finance is not an “investment company” or a company “controlled” by an “investment company” within the meaning of the Investment Company Act of 1940, as amended, by virtue of an exemption other than pursuant to Section 3(c)(1) or Section 3(c)(7) thereof.