Transferred Subsidiaries definition
Examples of Transferred Subsidiaries in a sentence
In consultation with Investor, Contributor will cause Transferred Subsidiaries that are required by PJM Interconnection, L.L.C. Manual 14D to submit a notice of the Transactions to submit such notice.
Except for the Persons whose fees with respect to the Transactions will be borne solely by Contributor or Contributor Parent, no broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the Transactions based upon arrangements made by or on behalf of Contributor or the Transferred Subsidiaries.
Each Transferred Subsidiary agrees that all goodwill and name and trademark recognition arising from the use, whether past, present or future, of the Retained Marks by or on behalf of the Transferred Subsidiaries or in connection with the Business shall inure solely to the benefit of Contributor Parent.
Without limiting the generality of the foregoing, for a period of six years from the Closing, the Company shall, nor shall permit any member of the Transferred Subsidiaries to, amend, modify or terminate any Organizational Document of any Transferred Subsidiary regarding or related to such indemnification matters in any manner that would adversely affect any Covered Person’s right to indemnification thereunder.
Notwithstanding anything to the contrary herein, the right to indemnification under this Section 9.4 shall only apply to Contributor Losses resulting from a claim by a Third Party directly against any Contributor Indemnified Party, and not to any Contributor ▇▇▇▇▇▇ suffered indirectly solely as a result of such Contributor Indemnified Party’s ownership interest in the Company or any of the Transferred Subsidiaries.