Examples of Pershing Companies in a sentence
Except as set forth in Section 3.16(a) of the Disclosure Schedule, none of the Pershing Companies owns any real property.
The parties hereto agree that, in the event any such consent is not obtained prior to Closing, the Seller will, subsequent to the Closing, cooperate with the Purchaser and the Pershing Companies in attempting to obtain such consent as promptly thereafter as practicable.
In the event such consents, rights or benefits are not obtained, the Purchaser will, and will cause the Pershing Companies to, take all reasonable actions to mitigate any Losses arising from the failure to obtain the foregoing.
Employees shall receive for purposes of eligibility to participate and vesting, (but not for the purposes of benefit accrual) under any employee benefit plan, program or arrangement established or maintained by the Purchaser or the Pershing Companies credit for service accrued or deemed accrued on or prior to the Closing Date with the Pershing Companies or any of their Affiliates.
None of the Pershing Companies is subject to registration under the Investment Company Act of 1940, as amended, or similar Laws of any Governmental Authority.
Except as set forth in Section 3.05 of the Disclosure Schedule, none of the Pershing Companies is a participant in any joint venture or similar arrangement.
Except as set forth in Section 3.12 of the Disclosure Schedule, except for the Excluded Actions or except as would not, individually or in the aggregate, have a Material Adverse Effect, there are no Actions by or against any of the Pershing Companies or affecting any of the Assets pending before any Governmental Authority or, to the knowledge of the Seller, threatened to be brought by or before any Governmental Authority.
Except as set forth in Section 3.04 of the Disclosure Schedule, there are no options, warrants, convertible securities or other rights, agreements, arrangements or commitments of any character relating to the capital stock of the Subsidiaries or obligating the Seller or any of the Pershing Companies to issue or sell any shares of capital stock of, or any other interest in, the Subsidiaries.
The Pershing Companies are insured with reputable insurers against such risks and in such amounts as the management of the Pershing Companies reasonably has determined to be prudent in accordance with industry practices.
Each of the Pershing Companies holds all licenses, permits, authorizations, orders and approvals from, and has made all filings, applications and registrations with, each Governmental Authority necessary for the operation of its business, except where the failure to make such filings, applications or registrations would not, individually or in the aggregate, have a Material Adverse Effect.