TNCL definition
Examples of TNCL in a sentence
Such indemnification payment amount shall be determined jointly by LMC and TNCL.
TNCL represents and warrants that the Authorized Agent has agreed to act as said agent for service of process, and TNCL agrees to take any and all action, including the filing of any and all documents and instruments, that may be necessary to continue such appointment in full force and effect as aforesaid.
NPAL is a directly owned "controlled" U.S. subsidiary of TNCL within the meaning of Section 368(c) of the Code.
TNCL agrees to notify LMC of any action taken by it or any of its Affiliates that will cause gain to be recognized under such gain recognition agreement (or new gain recognition agreement).
Each of TNCL and NPAL agrees that, at and prior to the Effective Time, it will not take or cause to be taken (or fail to take or cause not to be taken) any action that would cause any of the statements in the Tax Certificate to be false or incorrect.
The consolidated financial statements (including the notes thereto) of TNCL and its subsidiaries included in the 20-F, at the time filed, fairly presented in all material respects the consolidated financial position, results of operations and cash flows of TNCL and its consolidated subsidiaries as at the respective dates thereof and for the respective periods indicated therein.
With respect to any such action in the courts, service of process upon the Authorized Agent in the manner provided in Section 11.6 for the giving of notices (substituting the address set forth above in this Section 11.4(a)) and written notice of such service to TNCL given as provided in Section 11.6 shall be deemed, in every respect, effective service of process upon TNCL.
If the Authorized Agent shall cease to act as TNCL's agent for service of process, TNCL shall appoint without delay another such agent and notify LMC of such appointment in the manner provided in Section 11.6 for the giving of notices.
TNCL (a) is a "foreign private issuer" within the meaning of Rule 3b-4 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and (b) with respect to the ADRs is eligible to use Form 20-F under the Exchange Act.
LMC acknowledges that neither it nor any of its Controlled Affiliate Acquirers shall acquire any right, title or interest in the TNCL Shares or the ADSs to be issued pursuant to this Agreement until the Effective Time and, if the Effective Time does not occur, shall assist TNCL, at TNCL's sole cost and expense, in canceling, and removing from any register or exchange references to, the TNCL Shares and the ADSs to be issued pursuant to this Agreement.