TIHI definition
Examples of TIHI in a sentence
None of the Credit Parties shall amend, supplement or otherwise modify the Transaction Documents or cause the Transaction Documents to be amended, supplemented or otherwise modified without the prior written consent of the Requisite Lenders except for (i) such amendments, supplements or modifications deemed immaterial or not adverse to the interests of the Lenders by the Administrative Agents or (ii) the termination of the Sublease to TIHI at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ or the Management Agreement.
The Borrower shall not directly or indirectly enter into any transaction (including, without limitation, the purchase, sale, lease or exchange of any property or the rendering of any service), with any holder or holders of more than five percent (5%) of any class of Equity Interests in Foamex International or TIHI or any of their respective Subsidiaries.
Immediately upon the occurrence of any sale, transfer, exchange or other disposition of all or any portion of the Rallis Shares, Rallis shall notify TIHI, in the manner provided in Section 18 hereof, of the number of Rallis Shares so transferred and the remaining number of Rallis Shares, if any, which are still held by Rallis.
From time to time upon request and without further consideration, each of Rallis and TIHI shall, and shall cause its subsidiaries and affiliates to, execute, deliver and acknowledge all such further instruments and do such further acts as any other party hereto may reasonably require to evidence or effectuate more effectively the transactions contemplated by this Agreement.
This Agreement shall terminate upon the expiration of the exercise period referenced in Section 1(b) hereof, or if the Put Option is timely exercised, on the Put Closing Date upon which TIHI purchases the last of the Rallis Shares owned by Rallis, whichever shall occur first.
Neither General Partner shall engage in any business other than acting as a general partner to Foamex and holding its general partnership interest in Foamex and, in the case of Trace Foam, guaranteeing certain obligations of TIHI to Recticel Foam Corporation and Generale Bank.
On each Put Closing Date, TIHI shall pay to Rallis, by wire transfer in immediately available funds to an account previously designated by Rallis in the Exercise Notice an amount equal to the product of (i) $24.29 (the "Per Share Exercise Price") multiplied by (ii) the number of Rallis Shares stated in the Exercise Notice.
TIHI represents and warrants to Rallis that (a) TIHI has all requisite power and authority to enter into, execute and deliver this Agreement and perform its obligations hereunder; and (b) this Agreement has been duly executed and delivered by TIHI and is a valid and binding obligation of TIHI, enforceable against TIHI in accordance with its terms.
The Issuer shall not directly or indirectly enter into any transaction (including, without limitation, the purchase, sale, lease or exchange of any property or the rendering of any service), with any holder or holders of more than five percent (5%) of any class of Equity Interests in Foamex International or TIHI or any of their respective Subsidiaries.