Examples of SBB Party in a sentence
Except as set forth in the Current Balance Sheet, no SBB Party has any Indebtedness, obligation or liability, absolute, accrued, contingent or otherwise, except for liabilities incurred in the ordinary course of business since the date of the Current Balance Sheet which individually or in the aggregate would not have a material adverse effect on the Business Condition of SBB.
Neither any SBB Party nor any director or officer of an SBB Party is now or at any time since January 1, 1998 been subject to any Regulatory Action.
Schedule 3.13 lists each insurance policy maintained by any SBB Party at any time since January 1, 2000, whether such policy is currently in effect, a general description of each such policy, and a summary of each claim made under any such policy since January 1, 2000.
Schedule 3.18 lists each loan or loan participation sold by any SBB Party which loan or loan participation was outstanding as of the date of this Agreement, and, with respect to each such loan, similar information as of the Current Balance Sheet Date to that set forth in Schedule 3.17(a) for loans receivable.
Each SBB Party has in full force and effect insurance with respect to its assets and businesses against such casualties and contingencies and of such types and forms and to such extent as is customary in the case of national banks.
There is no pending or, to the Best Knowledge of SBB, threatened labor dispute, strike or work stoppage affecting any SBB Party.
Neither SBB nor any SBB Party has any Subsidiary and does not own, directly or indirectly, any interest or investment (whether equity or debt) in any other Person and no SBB Contract obligates or gives any SBB Party the right to make any such investment.
There is not, and has not been since January 1, 1998, any pending or, to the Best Knowledge of SBB, threatened Action to which any SBB Party is a party or otherwise involving any SBB Party, and no SBB Party is subject to any judgment, order, writ, injunction or decree.
Since January 1, 1998, there has been no claim by any director, officer of employee of any SBB Party for indemnification.
No SBB Party has retained or otherwise engaged or employed any broker, finder or any other person, or paid or agreed to pay any fee or commission to any agent, broker, finder or other person, for or on account of acting as a finder or broker or to render any fairness or similar opinion in connection with this Agreement or the transactions contemplated hereby, except that SBB has retained Xxxxxx Xxxxxxxx and Company pursuant to the Xxxxxx Xxxxxxxx Agreement.