LCGI definition
Examples of LCGI in a sentence
The undersigned, being a Responsible Officer of LCGI, does hereby certify that except for the promissory note to ▇▇▇▇▇▇ ▇.
LCGI has undertaken its own independent assessment of its consolidated assets, liabilities and commitments and has considered appropriate means of mitigating and managing risks associated with such matters and has not relied on any Swap Provider or any Affiliate of any Swap Provider in determining whether to enter into any Swap Contract.
Neither any Obligor nor any Material Subsidiaries is a partner or joint venturer in any Joint Venture other than (i) the Joint Ventures listed on Schedule 6.20, which sets forth, for each Joint Venture, a complete and accurate statement of (a) the percentage ownership of each such partnership or joint venture by LCGI or any Material Subsidiaries, and (b) the state, country or other jurisdiction of formation or incorporation, as appropriate, of each Joint Venture.
LCGI has conducted a comprehensive review and assessment of its and the Material Subsidiaries' computer applications with respect to the "year 2000 problem" (that is, the risk that computer applications may not be able to properly perform date-sensitive functions after December 31, 1999) and, based on that review, if any, LCGI does not believe the year 2000 problem will result in a change having a Material Adverse Effect.
The Lenders acknowledge that, pursuant to such activities, BOAFSB or its Affiliates may receive information regarding LCGI or its Affiliates (including information that may be subject to confidentiality obligations in favor of LCGI or such Subsidiary) and acknowledge that the Agent shall be under no obligation to provide such information to them.
The Obligors shall not, and shall not suffer or permit any of their respective Material Subsidiaries to, make any significant change in accounting treatment or reporting practices, except as required by GAAP or its foreign equivalent, or change the fiscal year of LCGI or of any Material Subsidiary.
BOAFSB and its Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire equity interests in and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with LCGI and its Subsidiaries and Affiliates as though BOAFSB were not the Agent hereunder and without notice to or consent of the Lenders.
As soon as practicable, but in any event by not later than ninety (90) days after the Agreement Date, LCGI shall have entered into, and thereafter shall maintain for the entire term of this Agreement, Swap Contracts having terms and conditions satisfactory to the U.S. Agent for not less than fifty percent (50%) of that portion of its Funded Debt consisting of borrowed funds payable at variable interest rates.
Total Capital Expenditures of LCGI and its Subsidiaries on a consolidated basis, shall not exceed Seven Million Dollars ($7,000,000), in the aggregate, per each Fiscal Year.
There has been no prohibited transaction or violation of the fiduciary responsibility rules with respect to any Plan which has resulted or could reasonably be expected to result in liability to LCGI or any Subsidiary in excess of the Material Amount.