Examples of Intercompany Arrangements in a sentence
Except as set forth on Schedule 3.04, at or before the Effective Time, Extendicare shall cause all intercompany indebtedness (which shall include payables and receivables) between any ALC Company or any operating unit of any ALC Company, on the one hand, and any member of the Extendicare Group or any operating unit thereof (other than any ALC Company or operating unit thereof), on the other hand, including any indebtedness under the Intercompany Arrangements, to be settled.
No such terminated Intercompany Arrangement (including any provisions thereof that purport to survive termination) shall be of any further force or effect after the Effective Time, and all amounts under such Intercompany Arrangements that are unbilled and have not been charged to the related Contract, arrangement, commitment or undertaking as of the Effective Time shall be settled upon the Effective Time and the parties shall be released from all future Liabilities thereunder.
Intercompany Arrangements that Mitigate Interconnectedness: • Intercompany guarantees should emanate only from the parent company and flow downstream to subsidiaries; • Derivative and secured funding contracts with external third parties should avoid cross-default provisions when practicable; • The number of intercompany derivative transactions should be reduced to the extent practicable: i.
SummaryGiven the above described methodological deficits (points 1 and 2), the lacking comparison of the modelled results with actual measured data (points 4 and 5), and the lacking discussion of errors and uncertainties (point 6), unfortunately it is impossible to recommend the manuscript for publication in the present form.
In light of the safeguards implemented with respect to the Post-Filing Intercompany Arrangements discussed above, the Proposal Trustee supports the continuation of the existing cash management system to facilitate a seamless liquidation.