Examples of Permitted Partnership in a sentence
The Company shall maintain, and shall cause each of its Subsidiaries and each Permitted Partnership to maintain, proper books of record and account in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Company and such Subsidiaries and Permitted Partnerships.
The Company shall comply, and shall cause each of its Subsidiaries and each Permitted Partnership to comply, in all material respects with all Requirements of Law of any Governmental Authority having jurisdiction over it or its business or any of its Property, except such as may be contested in good faith or as to which a bona fide dispute may exist.
Neither the Company nor any of its Subsidiaries nor any Permitted Partnership is in default under or with respect to any Contractual Obligation in any respect which, individually or together with all such defaults, could reasonably be expected to have a Material Adverse Effect.
The Company shall not, and shall not suffer or permit any of its Subsidiaries or any Permitted Partnership to, make any significant change in accounting treatment or reporting practices, except as required by GAAP, or change the fiscal year of the Company or of any of its consolidated Subsidiaries or any Permitted Partnership.
The Company shall at all times be, and shall cause each of its Subsidiaries and each Permitted Partnership to be, Solvent.
As of the Closing Date, the Company has no Subsidiaries other than those specifically disclosed in part (a) of Schedule 5.16, and has no equity investments in any (i) Permitted Partnership other than those specifically disclosed in part (b) of Schedule 5.16 or (ii) other corporation, partnership or other entity other than those specifically disclosed in part (c) of Schedule 5.16.
The Company shall maintain, and shall cause each of its Subsidiaries and each Permitted Partnership to maintain, and preserve all of its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.
The Company, each of its Subsidiaries and each Permitted Partnership has good record and marketable title in fee simple to all real Property necessary or used in the ordinary conduct of its business, except for such defects in title as could not, individually or in the aggregate, have a Material Adverse Effect.
When conducting the examination of customs files, Customs shall examine the accuracy and adequacy of customs declaration contents and their consistency with documents in customs files, and the compliance with goods management policies and taxes policies on exported and imported goods and other relevant law provisions.The examination of customs files shall be conducted through the e- customs data processing system or directly by customs officers.
Each Permitted Partnership (c) is a limited partnership duly organized, validly existing and in good standing under the laws of the jurisdiction of its creation; and (d) is duly qualified as a foreign limited partnership, licensed and in good standing under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification.