Satellite Properties definition
Examples of Satellite Properties in a sentence
In calculating EBITDA and Acquisition EBITDA for any period, all overhead charges shall be allocated among Rose Hills and the Satellite Properties, on the one hand, and the various businesses acquired in the relevant Acquisition or Acquisitions, on the other hand, based on their relative total net sales during the relevant period.
Each of Rose Hills Holdings Corp., RH Mortuary Corporation, Rose Hills, Inc., RH Satellite Properties, Corp., A.L. Cemetery, Harbor Lawn Memorial Park, Inc., Colton Funeral Chapel, Inc., ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Covina Mortuary, Inc., ▇▇▇▇▇▇ Service Corporation, ▇▇▇▇▇▇▇▇-▇▇▇▇▇▇ Mortuaries, Grove Colonial Mortuary, Inc., ▇▇▇▇ Funeral Directors, Inc., ▇▇▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Mortuary, Inc., San ▇▇▇▇▇▇▇▇ Mortuary, Inc., White Funeral Home, Inc., Rose Hills Mortuary, Inc.
Except as set forth in Schedule 4.10, there are no actions, suits, claims, investigations or legal or administrative or arbitration proceedings, foreign or domestic, pending or, to the best of the knowledge of Loewen or any of the S▇▇▇▇▇▇aries after due inquiry, threatened against or affecting any of the Subsidiaries or Satellite Properties, whether at law or in equity, or before or by any international, federal, state, municipal or other governmental instrumentality.
In lieu of effecting such interface, RHAC may at any time upon 90 days notice to ▇▇▇▇▇▇ instead elect to have the accounting, payroll, tax and credit and collection functions for Rose Hills (as well as the relevant Satellite Properties) administered by ▇▇▇▇▇▇.
The Subsidiaries own all right, title and interest in, to and under the trademarks, service marks, trade names, service names, corporate names, business names and corresponding logos (collectively, "Trademarks") or have the perpetual, irrevocable, exclusive license to use all of the Trademarks used in connection with the operation of the Satellite Properties and any business related thereto.
Schedule 4.8 includes a list of all policies of insurance maintained with respect to each of the Satellite Properties, true and complete copies of which have been provided to BCP and Holdings.
Each of the Subsidiaries, or Loewen on behalf of ea▇▇ ▇▇ the Subsidiaries, maintains in effect insurance covering the Satellite Properties in an amount (a) believed by LGII and RDI to be adequate and (b) customary for businesses of the kind engaged in by the Subsidiaries in the same geographical areas where such businesses are located, and such insurance coverage shall be maintained by Loewen or the Subsidia▇▇▇▇ ▇hrough the Closing.
Each of LGII, RDI and the Subsidiaries has performed all the obligations required to be performed by it under each such contract to date except for any non-performance that could not reasonably be expected to have a material adverse effect on the business, operations or condition (financial or otherwise) of any of the Subsidiaries or Satellite Properties.
Upon consummation of the Acquisition and the receipt by RH Holdings of the Satellite Properties on the Closing Date, neither ▇▇▇▇▇▇ nor any of its affiliates owns, operates or controls any Nearby Property.
Loewen agrees to provi▇▇ ▇▇ Holdings and BCP, for inclusion in the registration statement covering the exchange offer for the Notes, including amendments thereto, such financial statements with respect to the Satellite Properties (including Notes thereto) as are required under applicable rules and regulations of the Securities and Exchange Commission to be included in such registration statement or amendment thereto (the "SEC Financials").