MAF Developments definition
Examples of MAF Developments in a sentence
The Company shall not, nor shall it permit any Banking Subsidiary or MAF Developments to, be a party to any merger or consolidation in which the Company, the Banking Subsidiary or MAF Developments is not the surviving entity unless, at or prior to the consummation of any such event, the Obligations are paid in full and the Commitments are terminated in full.
The Company shall, and shall cause each Subsidiary to, preserve and maintain its existence; provided, however, that nothing in this Section shall prevent the Company from dissolving any Subsidiary (other than a Banking Subsidiary or MAF Developments) if such action is, in the judgment of the Company, desirable in the conduct of its business and is not disadvantageous in any material respect to the Lender.
As soon as possible after FORMULA E becomes aware of an Event being cancelled all available information will be posted on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.▇▇ is the responsibility of a Pass Holder to ascertain whether an Event has been cancelled.
Regulatory-Mandated Disposition of MAF Developments.................
In the event the Company is so required to dispose of MAF Developments as a result of the events mentioned above, such disposition shall not constitute a breach of, or a default under, Sections 7.1, 7.2, 7.14, 7.15, 8.1(h), 8.1(j), or 8.1(k) of this Agreement.
Jurisdiction of Name Incorporation Percentage Ownership Mid America Bank, fsb United States Company - 100% MAF Developments, Inc.
The Borrower shall not, nor shall it permit any Banking Subsidiary or MAF Developments to, be a party to any merger or consolidation in which the Borrower, the Banking Subsidiary or MAF Developments is not the surviving entity unless, at or prior to the consummation of any such event, the Obligations are paid in full and the Commitments are terminated in full.
The Borrower shall, and shall cause each Subsidiary to, preserve and maintain its existence; provided, however, that nothing in this Section shall prevent the Borrower from dissolving any Subsidiary (other than a Banking Subsidiary or MAF Developments) if such action is, in the judgment of the Borrower, desirable in the conduct of its business and is not disadvantageous in any material respect to the Lenders.
Regulatory-Mandated Disposition of MAF Developments...........................................
In the event the Company is so required to dispose of MAF Developments as a result of the events mentioned above, such disposition shall not constitute a breach of, or a -57- default under, Sections 7.1, 7.2, 7.14, 7.15, 8.1(h), 8.1(j), or 8.1(k) of this Agreement.