Newly Formed definition

Newly Formed means an entity formed within two years preceding the date of issuance of the RFQ. “Official Representative” has the meaning set forth in ITP Section 2.2.2.
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Examples of Newly Formed in a sentence

  • The Principals further covenant and agree to cause the formation of the Newly Formed Entities prior to the Closing Date and to use all commercially reasonable efforts to cause the transfer of the properties set forth on Exhibit A-6 hereto, or assets related thereto, from the Existing Non-Fund Entities to the Newly Formed Entities, as contemplated by the Contribution Agreements signed by the Existing Non-Fund Entities.

  • Exhibit A to the Contribution Agreements sets forth, with respect to each Principal Controlled Entity other than the Existing Non-Fund Entities and the Newly Formed Entities, the ownership of each such Principal Controlled Entity as of the Effective Date and as of the Closing Date and, with respect to the Newly Formed Entities, the ownership of each such Newly Formed Entity as of the Closing Date.

  • Section 5.11 of the Credit Agreement is hereby amended by adding the text "or any contractual obligation owed to such Specified Joint Venture's or Specified Newly Formed Subsidiary's customers" at the end of the proviso to the third sentence of such Section.

  • The Newly Formed PRC Company will become the indirect non-wholly owned subsidiary of the Company.

  • Pursuant to the Exclusive Concession Rights Agreement, the Newly Formed PRC Company agreed to pay a fixed concession fee every year if the fixed concession fee exceeds 50% of the annual revenue generated for the relevant financial year.

  • Pursuant to the Exclusive Concession Rights Agreement, Shanghai Asiaray and Kunming Railway agreed that the exclusive rights to use and operate the Advertising and Media Resources in Kunming Metro Line 3 shall be assigned to the Newly Formed PRC Company to be established by Shanghai Asiaray and Kunming MTR, a wholly-owned subsidiary of Kunming Railway.

  • Pending the completion of all steps necessary to transfer an Asset to the Newly Formed Transferred Subsidiary, Centex will hold such Asset in trust for the benefit, cost, liability and risk of the Newly Formed Transferred Subsidiary.

  • Centex will perform the acts and deliver the documents, and will cause the Newly Formed Subsidiaries to perform the acts and deliver the documents, specified in Section 12 in connection with the Asset Transfer.

  • Newly Formed Corporation......................................11 SECTION 3.09.

  • The possession of the Mortgage Asset File by the applicable Newly Formed Subsidiary or its designee is at the will of the Administrative Agent for the sole purpose of servicing the related Eligible Asset, and such retention and possession by such Newly Formed Subsidiary or its designee is in a custodial capacity only.

Related to Newly Formed

  • Delaware LLC Act means the Delaware Limited Liability Company Act.

  • Certificates of Merger has the meaning set forth in Section 2.2.

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • Certificate of Formation means the Certificate of Formation of the Company filed with the Secretary of State of the State of Delaware as referenced in Section 2.1, as such Certificate of Formation may be amended, supplemented or restated from time to time.

  • Certificate of Merger has the meaning set forth in Section 2.2.