PLNL definition
Examples of PLNL in a sentence
Since January 1, 2009, none of the Company, any of its Subsidiaries or, to the knowledge of the Company, HATLP, OCOP or PLNL, has received from a Governmental Entity any written notice or written communication of any noncompliance in any material respect with any Laws or Orders, except where the receipt of such notice or communication would not materially adversely affect the business or operations of the Company and its Subsidiaries.
Each of the Company, the Company Subsidiaries, HATLP, OCOP and PLNL is in compliance in all material respects with its Constituent Documents.
Each of the Company, the Company Subsidiaries, and, to the knowledge of the Company, HATLP, OCOP and PLNL, is in compliance with the terms of the Company Permits, except where the failure to comply with such Company Permits, individually or in the aggregate, would not materially adversely affect the business or operations of the Company and its Subsidiaries.
Solely for purposes of this Section 3.3(d), HATLP, OCOP and PLNL shall each be deemed to be a Company Subsidiary.
Except for the Securities of the Company Subsidiaries, GrowHow, HATLP, OCOP and PLNL, the Company does not own, directly or indirectly, any Securities in any Person.
Each Company Subsidiary and each of HATLP, OCOP and PLNL is a corporation duly incorporated or a limited liability company, partnership or other entity duly organized and is validly existing and, if applicable, in good standing under the Laws of the jurisdiction of its incorporation or organization, as the case may be, and has all requisite corporate or other power and authority, as the case may be, to carry on its business as now being conducted.
Each Company Subsidiary, and each of HATLP, OCOP and PLNL is a corporation duly incorporated or a limited liability company, partnership or other entity duly organized and is validly existing and, if applicable, in good standing under the laws of the jurisdiction of its incorporation or organization, as the case may be, and has all requisite corporate or other power and authority, as the case may be, to carry on its business as now being conducted.
The granting of a pledge on the equity holdings of MCHI Subsidiaries or the granting of a guarantee by any of the MCHI Subsidiaries would violate the terms of the Deed of Charge (Shares and Securities), dated as of November 10, 1998, as amended, among MissChem Trinidad Limited, PLNL, the Collateral Trustee, MCC, ▇▇▇▇ Mineral Services LLC, as successor to Farmland Industries, Inc., and KNC Trinidad Limited (f/k/a Farmland Trinidad Limited).
The granting of a lien in the Off-Take Agreement would violate the terms of the Consent to Collateral Assignment, dated October 18, 1996, as amended, among MCC, PLNL, KNI and JPMorgan Chase Bank, as collateral trustee (the "Collateral Trustee").
The Borrower will, and will cause each Subsidiary to, maintain insurance with insurers recognized as financially sound and reputable by prudent business persons in such forms and amounts and against such risks as is usually carried by companies engaged in similar business and owning similar Properties in the same general areas in which the Borrower or such Subsidiary operates but in any event will include political risk insurance with respect to PLNL.