Safeline definition
Examples of Safeline in a sentence
On the Safeline Closing Date US Borrower and the other Loan Parties shall use the proceeds of all Loans made on such date solely to (i) finance the Safeline Acquisition and (ii) pay fees and expenses in connection with the Safeline Acquisition.
No filings or recordings are required in order to perfect the security interests created under any Security Document delivered on the Original Closing Date or the Safeline Closing Date, except for filings or recordings required in connection with any such Security Document as set forth in the opinions of counsel delivered on the Original Closing Date or the Safeline Closing Date.
After the Safeline Closing Date, the Canadian Facility will be used solely to provide working capital and for general corporate purposes of Canadian Borrower and its Subsidiaries (including the Safeline Contingent Payment and the repayment of the Safeline Seller Notes).
US Borrower and each Subsidiary owns or leases, as applicable, all properties and assets reflected in the most recent financial statements delivered pursuant to Section 7.1, except as sold or otherwise disposed of since the date of such financial statements in the ordinary course of business and in accordance with this Agreement and the MT Acquisition Documents and Safeline Acquisition Documents.
At the time of consummation thereof, each of the M-T Acquisition and Safeline Acquisition shall have been consummated substantially in accordance with the terms of the M-T Acquisition Documents or the Safeline Acquisition Documents, as the case may be, and all applicable Requirements of Law.
Such Canadian Facility Fee shall accrue from the Safeline Closing Date to the earlier of the Canadian Termination Date and the date on which the Canadian Commitments have been terminated in full and shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter (commencing June 30, 1997) through the Canadian Termination Date or such earlier date as the Canadian Commitments have been terminated in full.
All applicable waiting periods with respect thereto have or, prior to the time when required, will have, expired without, in all such cases, any action being taken by any competent Governmental Authority which restrains, prevents, or imposes material adverse conditions upon the M-T Acquisition or the Safeline Acquisition.
Additionally, there does not exist any judgment, order or injunction prohibiting or imposing material adverse conditions upon the M-T Acquisition or the Safeline Acquisition or the performance by US Borrower and the Subsidiaries of their obligations under the M-T Acquisition Documents or the Safeline Acquisition Documents, as the case may be, and all applicable Requirements of Law.
Immediately following the Safeline Acquisition, UK Borrower and Canadian Borrower will be sole legal and beneficial owner of all shares in Safeline Limited and Safeline Limited will be sole legal and beneficial owner of all shares in Safeline Inc., Safeline SA and Safeline GmbH, except in each case as provided for in the Safeline Acquisition Documents.
Delaware 10/22/2003 ▇▇▇▇▇▇▇ Leasing Corporation Specific Equipment 21038904 04/04/2002 General Cable Corporation ▇▇▇▇▇▇▇▇ County, Kentucky 10/23/2003 Safeco Credit Co., Inc., DBA Safeline Leasing Specific equipment 200015 01/06/2000 General Cable Industries, Inc.