RHSI definition
Examples of RHSI in a sentence
This Agreement has been duly and validly executed and delivered and, assuming the due authorization execution and delivery by the Sellers and UPC, is the valid and binding obligation of RHSI, enforceable against it in accordance with its terms.
Except for such liabilities arising out of the Amended and Restated Partnership Agreement of ASIC and the Capital Loan Agreement, RHSI has no obligations or liabilities, whether known, unknown, fixed or contingent.
Other than in connection with the H-S-R Act, if applicable, and the consents of EBRD and OPIC and termination of the right to purchase of the other partners of ASIC pursuant to Section 9.2 of the Amended and Restated Partnership Agreement, no authorization, consent or approval of, notice to or filing with, any public body or authority, is necessary for the consummation by RHSI of the Acquisition.
If applicable, Chelsea, RHSI and UPC shall promptly make their respective filings, and shall thereafter promptly make any required submissions, under the H-S-R Act with respect to the Acquisition and shall cooperate with each other in connection with the foregoing.
During the period from the date of this Agreement to the Closing, neither Chelsea nor RHSI shall acquire or dispose of any assets, except for the distribution by RHSI to ▇▇▇▇▇ of all assets other than its interests in and under ASIC and under the Capital Loan Agreement with respect to ASIC, or incur or assume any liabilities other than those associated with ASIC and the Capital Loan Agreement with respect to ASIC.
Notwithstanding anything to the contrary contained in the foregoing, in the event a condition set forth in Section 5.2.7, 5.2.8 or 5.2.9 has not been satisfied or waived by that date, Chelsea by notice to UPC and RHSI or UPC by notice to Chelsea and RHSI from time to time extend such December 31, 1996 Closing deadline provided that the aggregate of such extensions shall not exceed thirty days.
At the Closing, Chelsea and RHSI shall execute and deliver assignments of the Partnership Interests to UPC; UPC shall execute and deliver the Security Agreement and Financing Statement; Chelsea, RHSI and UPC shall execute the agreement embodying the terms set forth in Exhibit A.
If such conditions have not been satisfied or waived and the Closing has not occurred by December 31, 1996 and if the foregoing is not the result of a breach of any provision of this Agreement by one of the parties hereto, this Agreement may be terminated by Chelsea or UPC, with notice to the other and RHSI, and, except with respect to Sections 2.8, 4.7, 6.1, 8.1, 8.2, 8.3 and 8.6 hereof, (a) this Agreement shall forthwith become void and (b) there shall be no liability on the part of UPC or the Sellers.
The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary actions, corporate or otherwise, on the part of RHSI.
Chelsea, RHSI and UPC shall also execute and deliver such other documents and take such other actions as are necessary or desirable in the reasonable opinion of their respective counsel to carry out the Acquisition and the provisions of this Agreement.