THCI definition
Examples of THCI in a sentence
THCI, ▇▇▇▇▇ and Westfield have caused this Amendment to be executed as of the date first written above by their respective officers thereunto duly authorized.
If, after receiving the Initial Closing Date Notice or a Subsequent Closing Date Notice, the Acquirors shall, in breach of this Agreement, fail to acquire the Properties and Partnership Interests specified therein on the Closing Date therefor specified pursuant to Section 2.01, the Acquirors shall pay to THCI an amount equal to 10% of the aggregate Allocated Purchase Price for such Properties and Partnership Interests.
THCI has paid, or caused to be paid, all premiums due under such policies and is not in default with respect to its obligations under any such policies in any material respect.
Such Property or Partnership Interest may be included in a subsequent Closing Date Notice at any later time that THCI determines, in good faith, the date on which it expects the conditions to the obligations of the parties to consummate a Closing with respect to such Property or Partnership Interest to be satisfied.
No legal action, suit or claim is pending or, to the knowledge of THCI, threatened with respect to any Employee Plan (other than claims for benefits in the ordinary course) that could reasonably be expected to give rise to any material liability to the Management Company and, to the knowledge of THCI, no fact or event exists that could reasonably be expected to give rise to any such action, suit or claim.
The Acquirors agree to indemnify THCI from and against any and all losses, damages or claims suffered by THCI as a result of any investigations or inspections made by the Acquirors.
Cash payments to be made by the Acquirors to THCI shall be made to THCI or a THCI Subsidiary (or to one or more Qualified Intermediaries if THCI so elects by notice to the Acquirors) by wire transfer in immediately available funds to a bank account or accounts designated by THCI in a written notice to the Acquirors, such notice to be delivered not later than the second Business Day prior to the Applicable Closing Date.
From and after the Initial Closing Date, the Management Company shall be responsible for the Employee Plans it sponsored immediately prior to such date (which plans are listed in Section 6.03 of the THCI Disclosure Schedule), and the Acquirors shall cause the Management Company to comply with the terms and conditions of such plans.
At or prior to any Closing held prior to December 31, 1998, THCI may deliver a notice (an "EXCLUSION NOTICE") with respect to any Property or Partnership Interest included in the Initial Closing Date Notice or a Subsequent Closing Date Notice, as the case may be, for such Closing, stating that there are one or more conditions to the obligations of the Acquirors to purchase such Property or Partnership Interest that THCI no longer expects to be satisfied at or prior to such Closing.
The Acquirors agree to indemnify THCI and each of its Affiliates for any and all Losses incurred by THCI and any such Affiliate arising out of any such guaranties, guaranty obligations, indemnities, indemnity obligations, letters of credit, surety bonds and similar instruments, except to the extent related to occurrences prior to the Applicable Closing.