LCOR Entities definition
Examples of LCOR Entities in a sentence
Each of the LCOR Entities (i) is a duly formed and validly existing Delaware limited liability company, (ii) has all requisite authorizations to enter into this Agreement and to consummate the transactions contemplated hereby and (iii) confirms that the party executing this Agreement on behalf of each LCOR Entity is duly authorized to so do.
Each Owner Entity agrees that it shall not file any tax returns with any Governmental Authority unless and until it has received approval thereto from each of the respective LCOR Entities, which approval shall not be unreasonably withheld, conditioned or delayed.
All representations and warranties made in this Article 7 shall terminate one (1) year after the Closing Date, unless a written claim for breach thereof is delivered to Capital by one or more of the LCOR Entities or Owner Entities on or before such one (1) year anniversary.
Capital shall have executed and delivered to the LCOR Entities an Assignment in substantially the form annexed hereto as Exhibit C for the assignment of the respective Membership Interests owned by each LCOR Entity.
Each of the LCOR Entities is not the subject of any involuntary proceeding for the dissolution or liquidation thereof.
Each of the LCOR Entities shall cooperate with Capital in transferring any other assets of the Owner Entities held by or under the control of the LCOR Entities.
All representations and warranties made in this Article 8 shall terminate one (1) year after the Closing Date, unless a written claim for breach thereof is delivered to the Owner Entities by Capital or the LCOR Entities on or before such one (1) year anniversary.
The representations and warranties of the LCOR Entities in Article 6 hereof and the representations and warranties of Capital contained in Article 7 hereof shall be true and correct in all material respects at and as of the Closing Date as if made at and as of such date.
No other obligations shall be owed by the Owner Entities to Grace Management; provided, however, that the LCOR Entities shall have presented to PAMI prior to Closing invoices or proofs of payment evidencing that such fees and costs have been incurred or paid; and further provided that in no event shall the fees and expenses to be paid to Grace Management by each Owner Assignment and Assumption Agreement Entity exceed $12,500.
The mineralisation at Duddar is associated with numerous faults, which indicate syn-depositional controls of mineralisation.