Manufacturing Subsidiaries definition
Examples of Manufacturing Subsidiaries in a sentence
Aleris will, and will cause its Subsidiaries to, cause all Permitted European Borrower Activities and Permitted Distribution Subsidiary Activities to be conducted by the Specified Manufacturing Subsidiaries, the European Borrower and its Subsidiaries rather than by Aleris or any of its other Subsidiaries.
Aleris will, and will cause its Subsidiaries to, cause all Permitted European Borrower Activities and Permitted Distribution Subsidiary Activities to be conducted by the Specified European Manufacturing Subsidiaries, the European Borrower and its Subsidiaries rather than by Aleris or any of its other Subsidiaries.
The Indenture imposes certain limitations on the ability of the Issuer, the Company and its Manufacturing Subsidiaries to, among other things, create or Incur certain Liens and enter into certain Sale/Leaseback Transactions.
The Seller and each of the Manufacturing Subsidiaries is engaged primarily in the line(s) of business set forth next to the name of such Person on Schedule 3.1. The Seller does not have any subsidiary other than the Manufacturing Subsidiaries and Puerto Rico Safety Corp.
The Seller and each of the Manufacturing Subsidiaries is and after giving effect to the transactions contemplated herein, each of them will be solvent and able to pay its debts when due.
Each of the Manufacturing Subsidiaries is directly or indirectly a wholly owned subsidiary of the Seller.
Attached hereto as Schedule 3.21(b) is a complete and correct list of all product liability insurance maintained by the Seller or any of its subsidiaries and affiliates since April 23, 1993 covering any products manufactured and shipped by the Seller or any of the Manufacturing Subsidiaries on or prior to the First Closing Date and such insurance as identified in items B, C, D and E of Schedule 3.21(b) is believed to be applicable for asbestos coverage.
In addition to owning and operating the Distribution Division, the Seller engages in the business of sourcing and buying raw materials for and selling such raw materials to the Manufacturing Subsidiaries and the Seller has no present intention of ceasing its business activities or dissolving or otherwise terminating or curtailing its activities, except as provided in Section 6.5 hereof.