Transaction Companies definition
Examples of Transaction Companies in a sentence
The Transaction Companies will not use the TRW name or Trademark, except as authorized in accordance with the Trademark Agreement.
The Company is, and the Transaction Companies and their Subsidiaries on a consolidated basis are, Solvent.
Transaction Companies are reflected properly on their Books and Records, are valid receivables (excluding provisions for doubtful debts) which as at the Closing Date are not subject to setoffs or counterclaims pending at the Closing Date, are current and collectible, and are capable of being collected in accordance with their terms at their recorded amounts, subject only to the reserve for bad debts set forth on the face of the Final Closing Accounts.
Prior to the Closing, TRW and its subsidiaries will have terminated all arrangements, contracts, obligations, liabilities and understandings with each of the Transaction Companies other than this Agreement and the Other Agreements.
Vendors shall grant the Purchaser and its advisers full access to all the assets and operations of the Transaction Companies and the Portfolio Centers for the purpose of completing such due diligence.
It is the intention of the parties that the TRW affiliated group (other than the Transaction Companies) will accept liability for and pay any and all Taxes attributable to the transfer of Acquired Assets by TRW and Microwave to Operating Company.
All the insurance policies owned by the Transaction Companies and/or on their behalf, provide for coverage that conforms to industry standards in respect of the risk and the amount covered.
The City, by Council resolution, may revoke this franchise agreement if Cooperative does not file a written acceptance with the City within 90 days after publication.
None of the Transaction Companies has any Liability, Indebtedness, obligation, expense, claim, deficiency, guaranty or endorsement of any type (whether asserted or unasserted, whether absolute or contingent, whether accrued or un-accrued, whether liquidated or un-liquidated, and whether due or to become due), except for those set forth on the face of the Financial Statements, individually or in the aggregate, and those which have arisen after the date hereof in the ordinary course of business.
The Businesses are being conducted and all of the Transaction Companies are in compliance in all respects with all applicable Laws (including without limitation rules, regulations, codes, plans, injunctions, judgments, orders, extension orders, decrees, rulings, and charges).