OPM Financial Statements definition
OPM Financial Statements shall have the meaning given to it in Section 3.2.. Organic Document shall mean, with respect to a Person which is a corporation, its charter, its by-laws and all shareholder agreements, voting trusts and similar arrangements applicable to any of its capital stock and, with respect to a Person which is a partnership, its agreement and certificate of partnership, any agreements among partners, and any management and similar agreements between the partnership and any general partners (or any Affiliate thereof). Pass Through Returns shall have the meaning given to it in Section 6.9. PBGC shall mean the Pension Benefit Guaranty Corporation and any Entity succeeding to any or all of its functions under ERISA. Permitted Liens shall mean (a) Liens for current taxes not yet due and payable, (b) such imperfections of title, easements, encumbrances and mortgages or other Liens, if any, as are not, individually or in the aggregate, substantial in character, amount or extent and do not materially detract from the value, or materially interfere with the present use, of the property subject thereto or affected thereby, or otherwise materially impair the conduct of the OPM Business, and (c) such other Liens as are permitted by the provisions of this Agreement to be in place on the Closing Date. Permitted Site shall mean that a site with respect to which notice from all applicable Authorities has been received by OPM (or its successors and assigns) that all Governmental Authorizations necessary to construct a communication tower on such site have been fully approved and are in full force and effect. Person shall mean any natural individual or any Entity. Personal Property shall mean all of the machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, inventory, spare parts and other tangible personal property which are owned or leased by OPM and used or useful as of the date hereof in the conduct of the business or operations of the OPM Business, plus such additions thereto and deletions therefrom arising in the ordinary course of business between the date hereof and the Closing Date.
OPM Financial Statements shall have the meaning given to it in Section 3.2.. Organic Document shall mean, with respect to a Person which is a corporation, its charter, its by-laws and all shareholder agreements, voting trusts and similar arrangements applicable to any of its capital stock and, with respect to a Person which is a partnership, its agreement and certificate of partnership, any agreements among partners, and any management and similar agreements between the partnership and any general partners (or any Affiliate thereof). Pass Through Returns shall have the meaning given to it in Section 6.9. PBGC shall mean the Pension Benefit Guaranty Corporation and any Entity succeeding to any or all of its functions under ERISA. Permitted Liens shall mean (a) Liens for current taxes not yet due and payable, (b) such imperfections of title, easements, encumbrances and mortgages or other Liens, if any, as are not, individually or in the aggregate, substantial in character, amount or extent and do not materially detract from the value, or materially interfere with the present use, of the property subject thereto or affected thereby, or otherwise materially impair the conduct of the OPM Business, and (c) such other Liens as are permitted by the provisions of this Agreement to be in place on the Closing Date.
Examples of OPM Financial Statements in a sentence
Since the date of the most recent financial statements constituting a part of the OPM Financial Statements, except to the extent specifically described in Section 3.3 of the OPM Disclosure Schedule, there has been no material adverse change in OPM.
OPM has heretofore furnished to ATS copies of the financial statements of OPM listed in Section 3.2 of the OPM Disclosure Schedule (the "OPM Financial Statements").