Lone Pine Group definition
Examples of Lone Pine Group in a sentence
Prior to any printing or public release of any Forest Public Filing, an appropriate executive officer of Lone Pine shall, if requested by Forest, certify for and on behalf of Lone Pine that the information relating to any Lone Pine Group member or the Lone Pine Business in such Forest Public Filing is accurate, true, complete, and correct in all material respects.
Prior to the release or filing thereof, Forest shall provide Lone Pine with a draft of any portion of a Forest Public Filing containing information relating to the Lone Pine Group and shall give Lone Pine a reasonable opportunity to review such information and comment thereon; provided, however, that Forest shall determine in its sole and absolute discretion the final form and content of all Forest Public Filings.
In such event, provided, that Forest has notified Lone Pine of such additional contracts or amendments, Lone Pine shall not thereafter take or fail to take, as applicable, and Lone Pine shall cause the other members of the Lone Pine Group not to take or fail to take, as applicable, any actions that reasonably could result in Forest being in breach of or in default under such additional contracts or amendments.
Forest may transfer all or any portion of its rights under Sections 7.5, 7.6, and 7.7 to a Forest Transferee that is required to consolidate the results of operations and financial position of Lone Pine and any other member of the Lone Pine Group or to account for its investment in Lone Pine under the equity method of accounting (in either case, determined in accordance with GAAP and consistent with Commission reporting requirements).
As soon as practicable after the Separation Date, Forest shall use reasonable best efforts to deliver or cause to be delivered to Lone Pine all Lone Pine Books and Records in the possession of Forest or any member of the Forest Group, and Lone Pine shall use reasonable best efforts to deliver or cause to be delivered to Forest all Forest Books and Records in the possession of Lone Pine or any member of the Lone Pine Group.
The parties acknowledge and agree that Forest may in good faith enter into additional contracts or amendments to existing contracts; providing, that certain actions or inactions of subsidiaries or affiliates of Forest (including, for purposes of such contracts or amendments, members of the Lone Pine Group) may result in Forest being in breach of, or in default under, such contracts.
Lone Pine shall (and shall cause each member of the Lone Pine Group to) maintain a fiscal year that commences and ends on the same calendar days as the fiscal year of Forest commences and ends, and to maintain monthly accounting periods that commence and end on the same calendar days as the monthly accounting periods of Forest commence and end.
In addition to the foregoing and subject to applicable Law, no Lone Pine Public Document or any other document that refers to or contains information not previously publicly disclosed with respect to the ownership of Lone Pine by Forest, the Separation Agreements, the Separation, or the Spin-Off shall be filed with the Commission or otherwise made public by any Lone Pine Group member without the prior written consent of Forest.
Unless otherwise agreed in writing, the parties will continue to provide service and honor all other commitments under this Agreement, each Separation Agreement, and any other agreement between or among any members of the Forest Group and the Lone Pine Group during the course of the dispute resolution procedures pursuant to this Article VI with respect to all matters not subject to such dispute, controversy, or claim.
Any resulting return of premium or credit will be allocated between the Forest Group and the Lone Pine Group in proportion to their respective contributions to the payment of such premium.