WHX definition
Examples of WHX in a sentence
The Obligations constitute senior indebtedness for purposes of, and are entitled to the subordination provisions contained in, the WHX Subordinated Note and the West Virginia Note.
Such annual salary may be increased in the future by such amounts and at such times as the Board of WHX or the Compensation Committee thereof shall deem appropriate in its sole discretion.
The Executive shall perform all duties of this position consistent with the powers and duties of such offices set forth in WHX's By-Laws, as well as any other duties, commensurate with the Executive's positions that are assigned by the Board of Directors of WHX (the "Board"), including without limitation, executive management services from time to time on behalf of H&H.
There are no outstanding options, warrants, rights, contracts, commitments, understandings or arrangements by which WHX Entertainment is bound to sell the Redeemed Shares to any Person other than such rights and obligations as are created by that certain Shareholders' Agreement dated October 31, 1994 among WHX Entertainment, Wheeling Downs and Sportsystems.
No waiver by Wheeling Downs, WHX Entertainment or Sportsystems of any right or remedy under this Agreement shall be effective unless made in writing, and any waiver by Wheeling Downs, WHX Entertainment or Sportsystems of any right or remedy under this Agreement shall be limited to the specific instance and shall not constitute a waiver of such right or remedy in the future.
All representations and warranties made by Wheeling Downs, WHX Entertainment, and Sportsystems and set forth in this Agreement shall survive the Closing.
A final distribution shall be paid to each of WHX Entertainment and Sportsystems on or prior to the Closing for the month in which the Closing occurs in an amount not less than the Distribution Amount, prorated for the number of days of the month up to and including the Closing Date.
Subject to the terms and conditions of this Agreement, on the Closing Date Wheeling Downs shall pay the Redemption Price to WHX Entertainment in consideration for its delivery of the Redeemed Shares.
There is no action, order, writ, injunction, judgment or decree outstanding, or claim, suit, litigation, proceeding, arbitral action or investigation pending, or to the knowledge of WHX Entertainment threatened, against WHX Entertainment or the Redeemed Shares relating to or affecting in any adverse manner the transactions contemplated by this Agreement.
Copies of all resolutions of the board of directors of WHX Entertainment with respect to the transactions contemplated by this Agreement, certified by the Secretary or an Assistant Secretary of WHX Entertainment and in form satisfactory to counsel for Wheeling Downs, will be delivered to Wheeling Downs at the Closing.