Examples of Transferring Subsidiary in a sentence
Each Asset Transferring Subsidiary and each Intermediate Subsidiary is duly qualified to do business and is in good standing as a foreign corporation or other entity in each jurisdiction where the ownership or operation of its Assets or the conduct of its business requires such qualification, except for failures to be so duly organized, validly existing, qualified or in good standing that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
The Buyer shall have received a certificate dated within five (5) days before the Closing Date from the office of the Secretary of State of Minnesota certifying that Seller is validly existing and in good standing under the laws of its state of incorporation and like certificates, to the extent available, shall be provided for any Transferring Subsidiary.
We are convinced that the OSCE participating States are capable of acting in a more intelligent and nuanced manner on security issues in order to prevent military confrontation from becoming entrenched as a norm of coexistence in Europe.
Seller or a Transferring Subsidiary has good and marketable title to the material Transferred Copyrights and the Transferred Patents.
The execution, delivery and performance by Seller of this Agreement and the execution, delivery and performance by Seller and each Transferring Subsidiary of the other Acquisition Documents to which it is a party, and the consummation by it of the transactions contemplated hereby and thereby, require no Seller Governmental Approvals.