WLT definition

WLT means World Leaf Tobacco, which, to the extent formed, will at all times be a wholly owned subsidiary of Alliance AG; provided that, to the extent reasonably requested by the Company for the purposes of providing a pledge of the equity interests in WLT, Alliance AG may form a direct wholly owned subsidiary which shall be a passive holding company whose sole material assets shall consist of 100% of the equity interests in World Leaf Tobacco, with such passive holding company and World Leaf Tobacco being collectively referred to herein as “WLT”.
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WLT means the Wizz Air Leadership Team.
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Examples of WLT in a sentence

  • In the event any future annual premiums for the Existing D&O Policy (or any substitute policies) exceed the Maximum Premium, WLT shall be entitled to reduce the amount of coverage of the Existing D&O Policy (or any substitute or “tail” policies) to the amount of coverage that can be obtained for a premium equal to the Maximum Premium.

  • Thus, it is the intent of the Parties that WIMLLC and its Subsidiary Parties be responsible for all Litigation arising from the mortgage lending, mortgage servicing and insurance business of WIMLLC, and that WLT and its Subsidiary Parties be responsible for all Litigation arising from the homebuilding, coal mining, natural gas and other businesses, including the business of Cardem Insurance Co. Ltd.

  • WLT shall indemnify, defend and hold harmless WIMLLC and its Subsidiary Parties and its and their Representatives as of and following the effective time of the Distribution (the “WIMLLC Corporate Entities”), from and against any costs, expenses and damages assessed as a result of the Litigation listed on Schedule A hereto.

  • The Parties acknowledge that the intent of the Distribution will be to separate the mortgage lending, mortgage servicing and insurance businesses of WIMLLC from the homebuilding, coal mining, natural gas and other businesses of WLT.

  • For the avoidance of doubt, WLT and its Subsidiary Parties shall, and shall cause their respective Representatives to, bear the costs of their respective internal legal counsel and other personnel.

  • WLT shall cause to be transferred all stand-alone insurance policies applicable to WIMLLC and its subsidiaries, subject to insurance company approval and agreement to transfer.

  • Thus, it is the intent of the parties that MWA be responsible for all Litigation and Claims arising from the flow control businesses, and that WLT be responsible for all Litigation and Claims arising from the home construction and sales related businesses and coal-related businesses, and that Litigation and Claims that relate to both shall be allocated and shared as agreed to by the Parties, or as determined by the Arbitrator as set out below.

  • WIMLLC shall indemnify, defend and hold harmless WLT and its Subsidiary Parties and its and their Representatives as of and following the effective time of the Distribution (the “WLT Corporate Entities”), from and against any costs, expenses and damages assessed as a result of the Litigation listed on Schedule B hereto.

  • WLT shall indemnify, defend and hold harmless MWA and the Corporate Entity Parties affiliated with MWA immediately after the Spin-Off, from and against any costs, expenses and damages assessed as a result of the Litigation or Claims listed on Schedule A hereto.

  • This Agreement may be amended by the mutual written agreement of WLT and MWA only, and all parties who derive rights under this Agreement shall be bound by such amendment.

Related to WLT

  • CBS shall have the meaning set forth in the Preamble.

  • AMC means Annual Maintenance Contract

  • RQFII means a Renminbi qualified foreign institutional investor approved pursuant to the relevant PRC regulations (as amended from time to time).

  • CSAM or "Credit Suisse" (or any combination thereof).

  • CVC means Citicorp Venture Capital, Ltd., a New York corporation.