Toastmaster definition
Examples of Toastmaster in a sentence
The aggregate value of the assets or net worth of Toastmaster V.I., Inc., a Virgin Islands corporation, does not exceed $10,000.00.
The aggregate book value of all assets of the Subsidiaries of Toastmaster does not exceed $5,000,000.
Upon the Effective Time, the separate existence of Purchaser shall cease, and the Company shall continue as the surviving corporation (the "Surviving Corporation") and shall continue, under the name "Toastmaster Inc.," to be governed by the laws of the State of Missouri.
The Syndication Agent shall be satisfied with the environmental affairs of the Borrower and its Subsidiaries and Toastmaster and its Subsidiaries.
Schedule 4.15 lists all Subsidiaries of Toastmaster on the Closing Date.
The Administrative Agent shall have received the results of a recent lien search in each of the jurisdictions where assets of the Loan Parties and Toastmaster and its Subsidiaries are located, and such search shall reveal no liens on any of the assets of the Borrower or its Subsidiaries, or Toastmaster or its Subsidiaries, except for liens permitted by Section 7.3 and liens to be terminated pursuant to documentation satisfactory to the Syndication Agent.
Such historical financial statements fairly present the financial position of each of the Company and Toastmaster at the respective dates indicated and the results of operations and cash flows for the respective periods indicated, in each case in accordance with generally accepted accounting principles ("GAAP") consistently applied throughout such periods.
Notwithstanding any other provision of this Agreement, the Borrower may cause Toastmaster or Sonex International Corporation ("Sonex") to execute and deliver Applications to an Issuing Lender and to request such Issuing Lender to issue Letters of Credit for the account of Toastmaster (each such Letter of Credit, a "Subsidiary Letter of Credit").
As a result of the extensive testing in the area of the Toastmaster and Prairie Oasis sites, a Public Hearing was scheduled.
The proceeds of the Term Loans were used to finance a portion of the cost of the Borrower's acquisition of Toastmaster, to pay related fees and expenses and for general corporate purposes.