LGSC definition
Examples of LGSC in a sentence
LGSC through the HoS shall thereafter determine the reward or sanctions as prescribed in Annex 4 of this Agreement to be applicable to the MMDCD.
To the knowledge of LGSC, no default exists with respect to the payment of any participation, deferment, residual and box office bonus obligations of the Credit Parties, whether owed to talent, producers, co-financiers or other third parties, in excess of $25,000,000 in the aggregate when due, except to the extent any such payment is being contested in good faith by the Credit Parties by appropriate proceedings.
LGSC shall not, and shall not permit any of its Restricted Subsidiaries to, engage in any material respect in any business other than a Related Business.
Neither LGSC nor any of its Subsidiaries has received any notice of cancellation or termination with respect to any collective bargaining agreement to which it is a party.
The LGSC through the HoS shall thereafter determine the reward or sanctions as prescribed in Annex 4 of this Contract to be applicable to the CD/RCD.
The Administrative Agent shall have received a Solvency Certificate signed by a principal financial officer of LGSC.
In the event of a disagreement between the parties to this Contract, either party may apply to the Regional Co-ordinating Council (RCC) and then to the Local Government Service Council (LGSC) for settlement if not resolved at the RCC level.
LGSC shall, and shall cause each Restricted Subsidiary to, comply in all respects with all Applicable Laws, where any such non-compliance, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.
The LGSC shall constitute an arbitration panel which shall consult with both parties and make a ruling within one month of the application.
Such financial statements fairly present the financial position or the results of operations of LGSC and its Subsidiaries on a consolidated basis at the date or for the period indicated and reflect all known liabilities, contingent or otherwise, that GAAP require, as of such dates, to be shown or reserved against.