Vastar definition
Examples of Vastar in a sentence
For the purposes of Section 3.1.2.3, transactions by Vastar and its Subsidiaries shall not count toward the monetary amounts set forth therein.
Each of VRI, Vastar Holdings, VGM, VPM and Vastar LP Sub has all requisite corporate power and authority to own, lease and operate the Vastar Business Assets and to carry on the Vastar Marketing Business as now being conducted.
To the best knowledge of VRI, there are no Proceedings pending or threatened against it, Vastar Holdings, VGM or VPM asserting that the use by VRI, VGM or VPM of any of such Intellectual Property, Technology or Software infringes the rights of any other person or seeking revocation, termination or concurrent use of any of such Intellectual Property, Technology or Software, and there is, to the best knowledge of VRI, no basis for any such Proceeding.
All liens and encumbrances, on the Vastar Power Assets to be transferred at the Second Closing other than Permitted Encumbrances shall have been fully released.
Each of VRI, Vastar Holdings, VGM, VPM and Vastar LP Sub is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.
To the best knowledge of VRI, VRI, Vastar Holdings, VGM and VPM have obtained all Permits to construct, occupy, operate or use any equipment or other tangible property forming a part of the Vastar Business Assets by reason of any Applicable Environmental Laws.
There are no accounts receivable of VRI, Vastar Holdings, VGM or VPM generated by the Vastar Marketing Business to be transferred to the General Partner or the Partnership pursuant to Section 2.1.
Except as set forth in Schedule 4.6 to the Vastar Disclosure Schedule, VRI does not have any direct or indirect equity or ownership interest in any corporation, partnership, joint venture or other entity other than VGM or VPM which is involved, directly or indirectly, in the conduct of the Vastar Marketing Business, and the Vastar Gas Business is conducted solely and exclusively by VGM and the Vastar Power Business is conducted solely and exclusively by VPM.
Such books and records accurately and fairly reflect, in reasonable detail, all material transactions, assets and liabilities of VRI, VGM or VPM with respect to the Vastar Marketing Business.
Tucson Electric Power Turlock Irrigation District TXU Energy Trading Company Union Electric Company Utah Associated Municipal Power Systems UtiliCorp United Vastar Power Marketing, Inc.