MTI Transaction definition
Examples of MTI Transaction in a sentence
At the time of consummation thereof, each component of the Original Transaction, the MTI Transaction and the Transaction shall have been consummated in accordance with the terms of the relevant Documents therefor and all applicable laws.
The Company shall have closed or consummated the MTI Transaction.
Schedule IV sets forth a true and --------------------- complete list of all Scheduled Existing Indebtedness of the Borrower and its Subsidiaries as of the Third Restatement Effective Date after giving effect to the Original Transaction, the MTI Transaction, the ASHS Transaction and the Transaction, in each case showing the aggregate principal amount thereof and the name of the respective borrower and any other entity which directly or indirectly guaranteed such debt.
All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent authority which restrains, prevents, or imposes material adverse conditions upon the Original Transaction, the MTI Transaction or the Transaction.
Schedule VII correctly sets forth, as of the Third Restatement Effective Date and after giving effect to the Original Transaction, the MTI Transaction, the ASHS Transaction and the Transaction, the percentage ownership (direct and indirect) of the Borrower in each class of capital stock or other equity interests of each of its Subsidiaries and also identifies direct owner thereof.
All Real Property owned by the Borrower or any of ---------- its Subsidiaries and all material Leaseholds leased by the Borrower or any of its Subsidiaries, in each case as of the Third Restatement Effective Date and after giving effect to the Original Transaction, the MTI Transaction, the ASHS Transaction and the Transaction, and the nature of the interest therein, is correctly set forth in Schedule III.
If the MTI Transaction is consummated in the form of an asset sale (versus a stock sale) the Company will ensure that any and all Liabilities of MTI and MT Human that are not specifically taken into account in the Latest Agreed Upon Balance Sheet (including but not limited to Tax Liabilities) have been satisfied in full at or prior to the Closing.
Additionally, at the time of the consummation or occurrence thereof, as the case may be, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon any element of the Original Transaction, the MTI Transaction, the Transaction, the occurrence of any Credit Event, or the performance by the Borrower and its Subsidiaries of their respective obligations under the Documents and all applicable laws.